At the end of March, ScaleDown founders, Ryan Beckland and Drew Schiller, traveled to Dallas, Texas to give a two-minute pitch in hopes of getting accepted to the 12-week Tech Wildcatters incubation program. “I was pretty nervous [about the pitch], but I calmed myself down with some deep breathing techniques Drew taught me at the eleventh hour”, stated Beckland. The company was officially accepted the next day, and Drew and Ryan moved to Dallas with another $20,000 in the bank on Monday April 2 to start the 12-week program. Upon successful completion of the program and investor approval, ScaleDown will receive an additional $250,000 investment from the incubator.
TechWildcatters is a member of the Tech Stars network and was recently recognized by Forbes magazine as one of the top ten incubators in the nation. The incubator is a mentorship-driven microseed fund and startup accelerator. Acceptance to their program includes a 12-week accelerator “bootcamp” offered each spring and fall. To learn more visit: www.techwildcatters.com
Developed and launched in 2011 with a behavioral economics foundation, ScaleDown’s flagship product ScaleDown Challenge is cloud-based weight loss tournament software utilized by gyms and corporate wellness programs. ScaleDown Challenge participants on average have seen significant weight loss while gym owners experience increased sales and customer retention. To date almost 1,000 participants have taken part in a ScaleDown Challenge weight loss tournament. To learn more visit: www.scaledownchallenge.com