The AI-powered VentureWrench Library is an online curated library of resources to help entrepreneurs. Artificial Intelligence is being used in a whole array of applications, but the VentureWrench team decided to apply AI to help entrepreneurs to be more successful.
VentureWrench co-creator, Nicole Toomey Davis ran a funding program to support university startups and technology entrepreneurs for the State of Utah for a number of years. She said her team frequently tried to compile lists of resources to help their entrepreneurs, but these lists quickly became out of date. Search engines yield millions, even hundreds of millions of results, but many of these are low quality or even exploitative. So the VentureWrench team decided to leverage artificial intelligence and advanced software to help entrepreneurs.
The VentureWrench Library was designed by the VentureWrench team, led by Brad Davis, our co-founder and CTO and with support from the National Science Foundation (NSF), to help entrepreneurs by identifying and curating the best resources to accelerate entrepreneurial success. The VentureWrench Library uses 8 AI systems to evaluate potential resources and select the best information to help support and coach entrepreneurs. Thousands of high quality resources are grouped into key “action areas”, over 20 cateogires and over 90 sub-categories. With a few clicks, entrepreneurs can find problem solving resources from top sources.
We’ve recorded a quick demo’s of the the VentureWrench Library so you can get quick peek. Enjoy!
VentureWrench Library Quick Demo Showing Marketing Topics
We appreciate the support of the National Science Foundation (NSF) SBIR Phase I and SBIR Phase II programs which provided funding for a portion of this work. Funding for VentureWrench was provided in part by the National Science Foundation under SBIR awards 1315303 and 1431025. America’s Seed Fund powered by NSF awards $200 million annually to startups and small businesses, transforming scientific discovery into products and services with commercial and societal impact. Startups working across almost all areas of science and technology can receive up to $1.5 million in non-dilutive funds to support research and development (R&D), helping de-risk technology for commercial success. America’s Seed Fund is congressionally mandated through the Small Business Innovation Research (SBIR) program. The NSF is an independent federal agency with a budget of about $7.8 billion that supports fundamental research and education across all fields of science and engineering. For more information, visit seedfund.nsf.gov.
See an extended video demonstration of the VentureWrench Library below