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The Endeavor selection process has been completely transformational for Vectorform.
Thank you to Marti Benedetti of Crain’s Detroit Business for covering the selection of the newest Endeavor Entrepreneurs — Kurt Steckling and Jason Vazzano of Vectorform. The article below was originally posted on Crain’s Detroit.
Royal Oak-based Vectorform, a digital product and experience inventor, was selected as an Endeavor entrepreneur Friday at the Endeavor 64th International Selection Panel in Madrid.
The designation means Vectorform, owned by Kurt Steckling and Jason Vazzano, will be able to accelerate its growth through meeting high-profile local and international business mentors and volunteers from Fortune 500 consulting firms.
“The Endeavor selection process has been completely transformational for Vectorform,” Vazzano, co-CEO of the company, said in a news release. “We’re excited … to receive their support to take Vectorform to the next level. We hope to reach the ranks of the most successful Endeavor entrepreneurs and pay it forward by helping other entrepreneurs to realize their dreams.”
Steckling, co-CEO of Vectorform, said in the release that he and his partner also hope to “drive social change through entrepreneurship.”
The Endeavor entrepreneurs were determined by a panel of local and international business leaders who interview candidates about their businesses and high-impact potential and vote on who should become the next Endeavor entrepreneurs.
“Today, we welcome two more innovative entrepreneurs to the Endeavor Detroit Network,” Cynthia Pasky, chair of Endeavor Detroit and founder, president and CEO of Detroit-based Strategic Staffing Solutions. “Entrepreneurs like Kurt and Jason, whose vision is to use technology to transform the world, will continue to positively impact the economy of Michigan.”
A total of 59 entrepreneurs representing 36 companies from 21 countries vied for the designation.
Vectorform invents products with a focus on mobile, the Internet of Things, smart homes, connected vehicles, virtual reality and wearable technology. Besides Royal Oak, it has offices in New York, Seattle, Munich and Hyderabad, India.
It joined with DTE Energy Co. March 2015 to form a joint venture to market and sell an energy tracking and software device to other utilities. In May, Vectorfrom, with DTE Energy, introduced a virtual reality simulation that may change the way the Detroit-based utility trains its field employees.
Past Detroit-area Endeavor entrepreneurs are Hamtramck-based McClure’s Pickles, Plymouth-based Algal Scientific Corp. and Detroit-based Banza.
Endeavor is a New York-based global nonprofit that helps support companies on the brink of rapid growth. It opened an office in Detroit last year and also has offices in Miami and Louisville. It made its way to Detroit through the New Economy Initiative, which receives some of its funding from the Miami-based John S. and James L. Knight Foundation. NEI invested $1 million to bring the program to Detroit, and the Grand Rapids-based Dick and Betsy DeVos Family Foundation invested another $500,000.
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