Last week was incredibly busy, but I would be remiss if I didn’t mention Shotput Ventures’ Demo Day.  The room was packed full of people from Atlanta’s startup community interested to hear from Shotput Ventures’ inaugural class of companies.  An accelerator micro-fund to mentor and invest in pre-formation web companies, Shotput Ventures invests $5,000 per team and $5,000 per founder as part of a coordinated program.

No surprise, most of the companies focused on social media applications. The presentations were very impressive.  Several of the companies were Atlanta based, but the majority were from out of state.  Here are Lance Weatherby’s favorites. 

The inevitable question is whether the Shotput Ventures should only fund Atlanta companies to help our startup community thrive.  While the point is compelling, it can also be argued that Shotput Ventures is helping put Atlanta on map for companies who may have never had considered relocating here.  While I think Atlanta companies should get priority, it would be a mistake to exclude worthy companies based on location.

Let me get back to you.

Some of the presenting companies

Ninja Post

Looxii

KHU.SH

EventHive

ShoutNow

SocialGuides