DEDO is choosing Delaware entrepreneurs to build million-dollar enterprises - Delaware


Dec. 29, 2015 10:04 am

DEDO is choosing Delaware entrepreneurs to build million-dollar enterprises

The state is helping business owners get involved with the 1M/1M initiative.

Twenties, please.

(Photo by Flicker user _J_D_R_, used under a Creative Commons license)

Attention, Delaware entrepreneurs: You too could be on your way to a million dollars with the One Million by One Million (1M/1M) initiative.

The Delaware Economic Development Office (DEDO) is partnering with 1M/1M so that 10 local small businesses can participate in the global virtual accelerator. 1M/1M’s mission is to help a million entrepreneurs worldwide reach $1 million in annual revenue and, in effect, create $1 trillion in global GDP and 10 million jobs, all by 2020.

DEDO has chosen the first three Delaware entrepreneurs, and they are:

1. Michael Niman — Thank Tank, LLC 
  • Thank Tank is a web application that allows users to customize thank-you notes and other communication with donors.
2. Jelani McCoy — Watchful Eye Security, LLC
  • Watchful Eye Security is a real-time response system that sends alerts, GPS locations, live video feeds and DVR images to first responders from ATM-robbery victims.
3. Matthew Meyer — VituMob, LLC
  • VituMob is an ecommerce home-delivery service that sends products from American retailers to East Africa.

Thank Tank, Watchful Eye Security and VituMob will receive a year’s worth of mentorship, online education, access to private roundtable brainstorming and consultation with 1M/1M founder Sramana Mitra. DEDO is covering the $1,000 membership fee for the entrepreneurs and is in the process of selecting seven more, on a rolling basis, for the program.

The next round of applications are due by Jan. 9.

Already a member? Sign in here


Take a stroll down memory lane (on the Wilmington Riverfront)

There’s a construction boom happening in the Cape Region

#ItsTimeWilmDE campaign spotlights a diverse style of urban revitalization



Pitch to speak at Comcast Labs Connect’s data security conference

Kennett Square, PA

Chatham Financial

Software Developer in Test

Apply Now
Kennett Square, PA

Chatham Financial

User Experience Designer

Apply Now
Kennett Square, PA

Chatham Financial

Junior Full Stack Software Developer

Apply Now

Artist Gus Fink launches ‘Nerd Battles’ Kickstarter

What it takes to be a vendor at Firefly Music Festival

A New Castle church is getting entrepreneurial



Did help you find a job or progress on your career path?

Wilmington, DE


Business Analyst

Apply Now
Chicago, IL

The Washington Post

Scrum Master

Apply Now
NY, New York

The Washington Post

Trainer Consultant

Apply Now

Sign-up for daily news updates from Delaware

Do NOT follow this link or you will be banned from the site!