How did Momentum3 get involved in this?
Momentum3 was being approached by entrepreneurs and companies looking to launch technology businesses. Frequently, they needed more of our help than software and technology. We started to answer questions about finance, marketing, social media, legal, employment, etc. We found that they valued the help we were giving them, so we decided to offer the entire package as a service. We then determined our “fit” in the entrepreneurial support community by having in depth conversations with two leaders in the local entrepreneurial community: Oklahoma Innovation Institute and BetaBlox.
The Oklahoma Innovation Institute brought Betablox (a Kansas City incubator) to Tulsa to repeat the success they had in Kansas City. Currently Betablox has about 140 companies as part of their incubator. They generally take companies pre-revenue or very early revenue and put them through a mentoring and entrepreneurial bootcamp so that they can reach an MVP (minimum viable product). We are working with Betablox to enhance their profitable companies.
With Forbes magazine recently ranking Tulsa the Best City for Young Entrepreneurs (that’s right #1, ahead of Seattle, Austin, and Atlanta!), we thought now is the time to move forward.
To invest in our incubator companies click here.