Traxion is a “venture catalyst” that provides support to early stage companies in Golden, Jefferson County and the surrounding metro area. Traxion works closely with the Entrepreneurship Center and leadership team at the Colorado School of Mines to support alumni, faculty and students, and provide other founders with access to the world class expertise in engineering, mining and computer sciences provided by the CSM alumni and faculty.
Support is provided to early stage companies through four key foundational elements:
Education – a curated curriculum based on the Lean Canvas with an initial emphasis on a clear definition of market opportunity followed by a thorough customer validation process. For companies that decide to move forward, guidance is provided on customer acquisition, the development of a financial model and determining the appropriate capital strategy and process.
Advisors – a network of industry experts, successful executives and experienced entrepreneurs has been cultivated, providing founders with accessible advisors who are willing to share insight on industry trends and guidance on the process of starting and growing a company.
Professional Services – in setting the direction of the company and implementing the plan, it is critical to obtain input from professionals with relevant expertise, which might include intellectual property law, corporate formation, bookkeeping systems, financial projections or digital marketing. The Traxion network of affiliated professional services provides expertise at preferred rates.
Capital – Traxion works with founders to determine capital needs and the optimal process for raising it. For qualified companies, Traxion has partnered with Rockies Venture Club to establish a Jeffco/Golden chapter which holds regular investor forums that provide founders with the chance to present their investment opportunity.
Traxion is not just about developing great organizations, it’s about developing great people. Our mission is to harness the collective power of our community by bringing local governments, corporations, educational institutions, and individuals together to provide a solid foundation for early-stage companies to establish themselves, gain traction and thrive. By doing this, we empower individuals with great ideas and commitment to take fuller advantage of the opportunities that life presents and to realize more of their unique human potential. While Traxion certainly works very hard to build great companies, we ultimately define a successful outcome as an individual that is happier and more productive directly as a result of their ongoing association with our program.