Washington, D.C. – Tonight, 1776 announced Caribu, a Miami-based live-streaming platform whose first focus is helping parents, extended family, and mentors read and draw with children when they’re not in the same location was named champion of the fourth Challenge Cup global competition and has won $100,000 prize investment from Revolution, a Washington, DC based investment firm.
“Caribu is a team of experienced and inspiring entrepreneurs tackling a large education challenge by helping to provide a much needed service that people everywhere can benefit from” said Evan Burfield, Cofounder & Chairman of 1776. “They serve as a tremendous example of what founders around the world can do when they set their minds to tackling hard problems that really matter.”
Two additional finalists won prizes, including:
- Amazon Web Services sponsored $20,000 credits — myHappymind — Manchester, UK — myHappymind creates an innovative curriculum for parents, schools and nurseries teaching proactive and preventative mental health habits. Delivered via a technology platform and supported by an app, myHappymind’s sole purpose is to give today’s children the skills to thrive in tomorrow’s world.
- Fan Favorite Vote $1,000 — Airside Mobile, Inc.— Washington, DC – Airside’s free Mobile Passport app helps travelers breeze through US Customs & passport control. Over 3 million people have used Mobile Passport at 25 leading airports and seaports!
The global tournament narrowed a field of startups through multiple rounds of pitch competitions that spanned 75 international cities from May 2017 through February 2018. To learn more about all of the competitors in the finals, visit the 1776 website here.
1776 is the Northeast corridor’s largest network of entrepreneurial incubators with 11 campuses in 4 states and the District of Columbia. We are a next-generation incubator serving a community of bold entrepreneurs and companies impacting their ecosystems. For more information, please visit: www.1776.vc or follow us on Twitter @1776.