Iterate is a matchmaker platform linking companies with small startups and entrepreneurs.
Startups face the constant worry that their idea won’t take off due to a lack of visibility. Entrepreneurs with small advertising budgets and resources can have trouble getting the coverage they need to help boost uptake, while medium size businesses can fail to compete with major corporations’ R&D spending.
This is the problem Iterate is trying to help solve. The platform serves as a matchmaking service between corporations and entrepreneurs — corporations post challenges online and work with startups to experiment with new technology and ideas.
Iterate provides a community for startups, and curates a group of entrepreneurs who can help companies with business challenges and develop new ideas. Iterate believes that through working collectively, startups and companies can compete with the research and advertising money spent by giants such as Amazon.
We’ve already seen apps that enable startups to pitch to founders using Vine-like videos. How else can startups and large companies network better to discover new ideas?