Plug and Play Tech Center’s Mobileplay Rewards Txteagle

September 18, 2009

Bookmark and Share
Plug and Play Tech Center’s Mobileplay Rewards Txteagle

Sunnyvale, CA (RPRN) 09/18/09 — By Ane Howard, RPRN staff writer

Txteagle provides supplemental income to developing world’s rural poor; wins the North American QPrize

Thursday night, September 17 2009, yet another tech conference was held in Silicon Valley. Plug and Play Tech Center’s Mobileplay focused on the business of mobile technology—from smart phone apps to text-based service providers.

Mobileplay also concluded the North American Semi-Finals of Qualcomm Ventures’ competition, the QPrize, awarded to txteagle. Along with an invitation to the Finals, the Semi-Finalists were awarded $100,000 in funding. The Boston-based mobile company provides SMS-based compensated task distribution to the developing world’s poor.  Surprisingly, despite extreme low incomes and few earning prospects, there are over two billion mobile phone users across developing countries. Txteagle harnesses this incredible reach, offering small “human-intelligence” tasks via text message to the unemployed for additional daily income. Tasks include translating blog and news stories, citizen journalism, market research, small transcription tasks and more.

The service, now live in Kenya and plans to expand to the Dominican Republic and Rwanda later this year, includes a mobile payment platform that encourages saving. "With one dollar at the time, txteagle, can improve the poor's standard of living," Jeff Gasan told RPRN. "A dollar makes a difference in their life, and makes good business sense."

The QPrize awards international business plans, with Semi-Finalist sessions in Europe, India, China and North America. Out of eight selected companies, one Semi-Finalist is chosen from each session. Each Semi-Finalist then moves to the Grand Prize competition, to be held later this year, for a chance to win an additional $150,000 in funding.

Last night’s conference included discussions on various factors surrounding mobile technology businesses large and small, from monetization strategies, to analytics, and market impact, as lead by various industry leaders and stakeholders, as well as a demo session of some of today’s hottest mobile applications. The demo session included Visuvi, the image-based search platform and winners of Spring 2009 Plug and Play Expo conference.

Plug and Play Tech Center’s Fall Expo is fast-approaching, scheduled to start October 1st, 2009.

Photo credit: photo by Ane Howard - Qualcomm Ventures' QPrize North American Semi-Finalists Nathan Eagle and Jeff Gasan of txteagle.

Click here to see all news from this author/company
Bookmark and Share
About the author:

Founded in 2006, Plug and Play Tech Center is the leading startup accelerator in the Silicon Valley. More than 250 startups have raised capital in excess of $700 million after partnering with Plug and Play Tech Center, which connect entrepreneurs, leading venture capitalists like Draper Fisher Jurvetson, Canaan Partners, Accel Partners and more, angel investors and corporate partners like Google, Microsoft, Sun Microsystems, Ebay, Yahoo! and more. The unique collaborative community also includes universities such as Cornell, MIT, Harvard and Stanford. More than $2 billion in value has been created through exits and acquisitions. Silicon Valley locations include Sunnyvale, Redwood City, and Palo Alto with a total of 200,000 square feet.  The newest locations are in Los Angeles, Hollywood, and Glendale with a total of 465,000 square feet.

Filed Under: Article-byline, BUSINESS NEWS, Technology, Featured, New Media - WEB 2.0, Social Media, Wireless - MOBILE PHONE, WI FI

RUSH PR NEWS newswire and press release services at rushprnews.com / Anne Howard annehowardpublicist.com

Content- Legal Responsibility - All material is copyrighted - You may repost but you MUST link back to the original post on your page and acknowledge Rush PR News as the news source. Rush PR News is not legally and/or morally responsible for content of press releases, opinions expressed or fact-checking.

Rush PR News cannot be held legally responsible for material published and distributed through its newswire service or published in its press-room and therefore cannot be sued for published material. Third-party must be contacted directly to dispute content.

Rush PR News is not the contact for material published.

Please leave your comments here

RSSFeed PRESS & SOCIAL MEDIA RELEASES

Speech Remedy Launches Speech Therapy App Adult-focused iOS App to Rebuild Language Skills

Belmont, CA 05/23/12 · --- Speech Remedy, a leading provider of adult-focused...

Longer Apprenticeships Will Mean More Highly Skilled Workers, Says Perspective

London, UK 05/22/12 · The recent announcement from the Government that the...

Corporate Gifts Specialist Leighmans Aims for £1m Revenues

London, UK 05/22/12 · --- Leighmans.com, the specialist corporate incentive and gift...

Stratford Managers Corporation Launches Operations and Engineering Practices

Ottawa, ON 05/22/12 · Growing Ottawa-Based Management Consulting Firm Expands Services for...

Leasing Sector Capitalising on Recession Opportunities finds Business Leader

London, UK 05/16/12 · As the economic downturn continues to bite, business...

Your Highest Investment Return on Property in Asia is Best at JL Antara Raya, Jakarta Pusat

Jakarta Pusat, Indonesia 05/16/12 · Asia property hub, govt; highest return investment in...

Aysling Digital Media Solutions achieves ISO 9001:2008 re-certification

Ann Arbor, Michigan 05/16/12 · ---Aysling Digital Media Solutions completed an external ISO...

elicit Investors Include Greycroft Partners, First Round Capital, ff Ventures, and L3

Chicago, IL 05/15/12 · elicit Secures $1.5 Million Series A Funding For...

Money Off Famous Brands This May and Summer with New DiscountVouchers.co.uk Deals

London, UK 05/15/12 · Retail deals specialist helps consumers save with latest...

Change Your Brain, Change Your Wealth

Dallas / Fort Worth, TX 05/15/12 · Many of the world's most successfully driven business...

Cheap Rentals in Corfu and Malaga with New 121carhire.com Summer Prices

London, UK 05/14/12 · Leading rental site offers up bargain hire deals...