The 4th annual CU New Venture Challenge has come and gone and the student entrepreneurs have only gotten more impressive. Now in its fourth year, over 40 companies entered the competition with six of these teams moving to the finals. One of the finalists received a grant from the Department of Energy and many of the finalists were operating companies. I’m proud of how the CU NVC has evolved from a business plan competition into business creation competition.
The winner this year was Rideorama. Rideorama is a marketplace for carpooling to and from Denver International Airport. If you need a ride, you can post a ride request to Rideorama so drivers can find you or search Rideorama to find drivers. If you are driving, you can search Rideorama to find passengers or post a ride offer so passengers can find you. Drivers offset their costs and passengers get cheap, direct travel. This team of entrepreneurs includes two students from CU and their friends that moved to Boulder to start this business. Their simple, innovative solution has the potential to solve the annoying problem of finding someone to take you to the airport.
The Rideorama team also demoed their product at Boulder Beta during Boulder Startup Week. Their passion for this business showed in their presentation again as they won the people’s choice award at this event as well.
Try out Rideorama the next time you need to get to or from Denver International Airport and give these guys feedback to help them improve their website. I know they would greatly appreciate it.
If you want to know more about the team and their service, check out the short profile the Colorado Daily did on Rideorama earlier this month.