Meet the first startup in residence at the Microsoft Reactor: Stimulus - Technical.ly Philly

Business

Nov. 28, 2016 10:31 am

Meet the first startup in residence at the Microsoft Reactor: Stimulus

The minority-owned business wants to be the go-to place to find grant moolah.

Attendees mingle at the launch of Microsoft Reactor Philadelphia, Nov. 3, 2016.

(Photo by Roberto Torres)

As the Microsoft Reactor Philadelphia officially opened up shop in the heart of University City earlier this month, we gave it a few challenges to work on: diversity, opportunities to smaller startups and reaching out to the community.

The team behind Stimulus, a grant information platform, sees its selection as the center’s first startup in residence as a sign of Microsoft’s commitment to tackle all three tasks.

The young, Philly-bred, minority-owned business has been informally operating out of the center since this summer, but the squad of six full-timers will officially move into the ground floor of 3711 Market Street at the end of the year.

Tiffanie Stanard, the company’s cofounder and CEO, is leveraging her background in marketing and entrepreneurship to jumpstart a platform that will link up people and organizations with resources for economic development. (She also runs branding agency Prestige Concepts, which we profiled in 2015, and has spoken on a number of panels about diversity in the tech scene.) There’s no end-date to the agreement with Microsoft, as Stimulus is the first company to join the “in-residence” model.

“Both founders specialize in connecting communities with resources for sustainable social impact,” Stanard said. “We’re focused on personal growth and development.”

So how does the company cash in on all that connecting? Though Stanard said the grant search engine will be free forever, by summer 2017 the company is looking to roll out a SaaS “freemium” model with additional services for companies like grant-writing assistance and other perks not yet disclosed.

Stanard teased the possibility of some deals like those being announced before the year is out. We’ll hold you to that, Stimulus.

Companies: Microsoft
-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

Meet the second class of the Comcast NBCUniversal LIFT Labs Accelerator

These experienced investors want to prove that funding advances in women’s health is ‘worth it’

Jefferson Health partnered with startup NeuroFlow for this mental health platform

SPONSORED

Philly

This financial services firm offers global opportunity in the heart of Philly

Philadelphia

The Philadelphia Inquirer

Mobile Tech Lead

Apply Now
Blue Bell, PA

Pinnacle 21

Senior Software Engineers

Apply Now
Philadelphia

Guru Technologies

Marketing Web Engineer

Apply Now

This Philly-born Slack app helps coworkers find common ground

How do you create a job that doesn’t exist?

Philly’s NorthStar Conference won’t be back in 2019. Here’s what to expect instead

SPONSORED

Philly

Guru is taking on growth with deliberate steps and an engaged team

Philadelphia, PA

PromptWorks

Senior UX Designer

Apply Now
601 Lee Road Chesterbrook, PA 19087

Deacom

Web Application Developer

Apply Now
Chesterbrook, PA

Deacom

Software Developer

Apply Now

Sign-up for daily news updates from Technical.ly Philadelphia

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