The longest running and most successful initiative of The Anvil, The Boiler is back for our sixth year, enabling student startups in the Purdue community. The Boiler is a pre-seed accelerator with a mission of taking early stage startups from Purdue students and giving them the resources they need to succeed.
Throughout the duration of the program, any Boiler team can receive $500 microgrants to build prototypes, run trials, acquire customers, and more. At the end of the program, we'll give every company a $1000 grant to continue as they grow.
We provide every team with a hands-on mentor through our network of Purdue alumni, Midwest founders and VC's, and Anvil supporters. We provide a database of resources ranging from online lectures/podcasts/websites to free legal, accounting, and technical help.
Throughout the program, we will have intimate dinners with founders and VC's who are just a few steps ahead of you to give transparent startup advice you won't see online. In addition, we will invite renowned entrepreneurs and venture capitalists to speak and host office hours with The Boiler teams.
Our Demo Day is a part of the Purdue Startup Expo where hundreds of renowned Purdue alumni, investors, and accelerator scouts, will be in attendance just to meet Purdue startups. We pick a handful of them along with our network of investors and accelerators, to hear you pitch and interact with you one-on-one.
Socio went through the 2nd program of The Boiler in 2015. They are an event technology company that helps organizations of any size optimize their events. With clients like Google, Microsoft, PepsiCo, and Hyundai, Socio drives millions of interactions every day. It has 61 employees, $6.75 million in funding and is headquartered in Indianapolis. Socio’s founders have been featured in Forbes 30 under 30.
Perceive is a technology company focused on making camera software that helps frontline teams achieve their goals. Perceive was awarded a Phase I and Phase II NSF SBIR grant to develop the technology behind their product, including deep learning-based human action recognition and multi-camera scene reconstruction. Perceive is also supported by the Alchemist Accelerator and Pioneer.app.
In 2014, Mimir, a technology education company focused on a platform for managing computer science classrooms, won the first Boiler accelerator program. Soon after winning, the founders then took the company through Y Combinator, and moved to Indianapolis to raise multiple successful rounds of funding. Mimir’s founders have been featured in Forbes 30 under 30.
Boiler By the Numbers