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Launchpad Ignition takes off with six new companies

Launch Pad Ignition "Lifts Off"

Last week, we interviewed Chris Schultz about the entrepreneurial community, specifically, his role, how he got involved and what he believes the future holds for New Orleans. Today we're following up on his new venture, LaunchPad Ignition, which launched last week during Entrepreneur Week.

In the thick of New Orleans Entrepreneur Week, months of hard work and planning came to fruition with the "lift off" of LaunchPad Ignition, a startup accelerator program through Launch Pad and in partnership with President Obama's Startup America initiative.

During a special session on Wednesdsay, and later at the Naked Entrepreneur Experience Block Party, Chris Schultz and his partners, Barre Tanguis and Will Donaldson, announced the six companies they chose to participate in the program.

Each company made its pitch to Schultz and his partners, and they chose the following six startups to receive $25,000 in seed funding and seven weeks of intensive training and consulting for their businesses.

The six companies - some from New Orleans and some from across the country - started meeting this week. The program will culminate at Launch Fest on May 4 and 5, where they will make their honed business pitch to a room full of high-powered investors.

Rayku.com: This company from Ontario, Canada is a peer-to-peer micro tutoring website that lets students share and ask for academic help in real time.

Kin.io: From New Orleans, Kin.io is a web-based, video distribution platform for independent filmmakers, providing the ability to sell digital and physical products to their markets.

Dydra: Based in New Orleans and Berlin, Dydra.com is a pay as you go RDF (basically, database or data collection) store delivered as a cloud service.

Badger: Like a combination of FourSquare and Instagram, Badger is a social picture sharing and thematic mapping tool. It is based in Brooklyn.

GameBuilder Studio: From the Silicon Valley to the Silicon Bayou, GameBuilder Studio is a cross-platform game creation tool built to help professional game makers create sophisticated games with little experience.

Liveset: Another New Orleans company, Liveset is a digital platform presenting live concert evens for the web and mobile devices in HD.

We'll be catching up with a few of these companies over the next few weeks as they progress through LaunchPad Ignition. Congratulations and good luck!

Catherne Lyons writes about the entrepreneurial community for NolaVie. Follow her on Twitter: twitter.com/clyonsinNOLA.

Renee Peck is editor of NolaVie. Email her at [email protected]