Brunswick-based rocket company bluShift Aerospace has secured a $25,000 prize from Dirigo Labs sponsored by Skowhegan Savings Bank.
Dirigo Labs is a regional startup accelerator based in Waterville. Hosted at Colby College, 12 companies competed for the cash prize. The judging criteria included pitch delivery, capital strategy, and impact on entrepreneurship in Maine.
The 12-week program guided startups through a targeted curriculum to execute their project plans, and each cohort company worked with a curated board of local and national mentors from various industries. Seminar topics included utilizing public-private sector grants and economic incentives, customer acquisition strategies, capital planning, and intellectual property evaluation.
In 2021, bluShift launched the first commercial rocket in the world powered by non-toxic, carbon-neutral, bio-derived fuel.
“Being a member of the Dirigo Labs accelerator has been incredibly rewarding,” said Sascha Deri, founder and CEO of bluShift Aerospace. “With this $25,000 prize, bluShift can now move ahead with a series of critical milestones, including an FAA launch analysis and a rapid-fire sequence of exciting engine tests. We are incredibly grateful to the mentors and advisors at Dirigo who have been critical to our progress.”
Receiving both the pitch competition prize and the Audience Choice Award, bluShift was provided with a one-year dedicated desk membership to Bricks Coworking & Innovation Space in Waterville. In addition to bluShift’s dedicated desk, each company that participated in the cohort received a two-year floating desk membership to Bricks. Leveraging the coworking space and the organization’s launch space in Brunswick, bluShift will continue to expand its operations.
“We are proud to support the first Dirigo Labs Accelerator pitch contest and partner with such an amazing group of local makers,” said Skowhegan Savings Bank SVP of Sales Dan Tilton. “Our mission at Skowhegan Savings is to ‘Make our communities a better place to live and work’. This group of incredible entrepreneurs are doing just that by bringing innovative products and services to market. I look forward to seeing them continue to flourish and drive economic growth throughout Maine and beyond.”
“I started working with bluShift four years ago as a contractor creating all their videos with the talented team at Knack Factory. It is incredible to see the organization’s continued growth and success,” said Lindsay Becker, operations manager at bluShift Aerospace. “Having the opportunity to enter the company as a full-time employee, along with winning the pitch prize, has shown me that Maine-based tech companies have the ability to grow and prosper in Maine, and I look forward to seeing the company secure the talent it needs to succeed in both the short- and long-term.”
For startups and potential mentors interested in learning more about Dirigo Labs, visit dirigolabs.org.
Send questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.