Seven new Providence-based companies made their pitches to investors yesterday, as the culmination of the first complete season for Betaspring, an incubator program founded in the Ocean State this year.

Five of the seven presented web and software plays typical of pre-seed incubators — but two have designed devices they plan to launch on relatively limited capital. By far the coolest idea — and the one that drew the most investor attention — was the Leotus air conditioner, a self-contained unit designed to hang over either side of a windowsill, allowing windows to open and close when it’s installed.

Full Story: Entrepreneurs pitch plays at Betaspring Demo Day Source: Mass High Tech, August 28th, 2009 Author: Galen Moore Added on August 28th, 2009 at 11:59 am, by Matt Mikula