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Advanta

IdeaBlob.com

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Conference: DEMOfall 07
Market Segment: Small Business Software and Services
Funding Details: Advanta, one of the nation’s largest issuers (through Advanta Bank Corp.) of small business credit cards, has self-funded IdeaBlob.com.
Competitors: No direct competitors. Secondary competitors include Allbusiness.com, Smallbusiness.com, Toolkit.com, Startupnation.com.
Product Description: IdeaBlob.com is an open and dynamic community where anyone can post their business ideas. Community members vote on these ideas and provide valuable feedback and advice. IdeaBlob.com helps ideas grow. We are bringing the support of the angel networks that Silicon Valley enjoys to Main Street businesses and aspiring entrepreneurs. Innovation and great ideas begin everywhere; Ideablob.com brings them together in a fun, exciting and collaborative environment.
Market Opportunity: There are approximately 30 million small businesses in the United States based on projections from the Economic Census, the Small Business Administration, and the Bureau of Labor Statistics.
DEMO Says: Now that Web 2.0 has thoroughly saturated those of us on the inside of technology, it is beginning to seep its way out to the mass consumer. Though we’re betting the majority of Americans still can’t discern Facebook from MySpace (the horror!), the community features you and I have come to expect are becoming more familiar to everyday Joe and Jane Consumer. Hence, concepts like Advanta’s IdeaBlob.com seem the next logical step in spreading Web 2.0. By providing the more than 25 million small business owners in the U.S. with an interactive environment for advice, counsel, and idea exchange, Advanta is defining the power of community in its truest sense.

Contact: Kelly LeDonni; Kledonni@advanta.com
Company Address: Welsh and McKean Rds. P.O. Box 844
Spring House,, PA 19477
Primary Phone: 215-444-5595
Primary Fax: 215-444-5995
URL: www.ideablob.com
Corporate Officers: Dennis Alter,Chairman & CEO Bill Rosoff,Vice Chairman & President Phil Browne, CFO Ami Kassar, Chief Innovation Officer

Sep 12th - 14th, 2011 ~ Hyatt Regency, Silicon Valley, CA