Diremo is Joining the Boston University Innovation Pathways Program • Diremo – E-Commerce on the Blockchain
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Diremo is Joining the Boston University Innovation Pathways Program

Diremo has expanded its sphere of influence: we've joined the Boston University Innovation Pathways Program.

By Diremo Staff  •  Published on Mar 18, 2022

Diremo is Joining the Boston University Innovation Pathways Program

Diremo has expanded its sphere of influence: we've joined the Boston University Innovation Pathways Program.

One important component to the success of any startup is partnership. By connecting with more experienced, larger entities, startups are able to receive the funding and advice that allows them to transition from a startup to a scale-up: putting them on a path to becoming an established business. At Diremo, this is no different.

Last week, Diremo got into the Innovation Pathways program at Boston University: a major research institution and one of the top universities in the U.S.

The path to getting into the Boston University Innovation Pathways program came naught without a measure of hard work. Gabriel Romualdo, the Co-CEO of Diremo, reached out to Boston University via email to consult with the program leader where he then marketed Diremo to a board of admissions. The process, according to Gabriel, started when he connected with the director of the Engineering Product Innovation Center at Boston Univesity, former Corning director Gerry Fine, who first presented the idea of joining the Innovation Pathways program.

According to Gabriel, the program offers a variety of opportunities for Diremo, including “a group of incredible advisors as well as funding.” In this manner, the program will be instrumental in fostering the growth of Diremo. Gabriel aligns completely with this statement, expressing that the extra support is bound to be “massively helpful.”

In fact, Gabriel elucidates that the program will bring success with monetary rewards too. “The program consists of three stages: walk stage, the run stage, and the fly stage,” Gabriel expands. “We’re currently in the walk stage, and as we progress stages we'll likely be able to get funding of several thousand dollars, with no equity involved whatsoever.” Funding, he later delineates, can be spent on anything provided it contributes to company success.

While Gabriel has big plans for the funds, he also finds it important to express that there are other impactful benefits to involvement in the program. “The people we’re meeting are giving us lots of invaluable advice,” Gabriel said. Although this advice may not be directly traceable to monetary success, Gabriel reasons that it is bound to have a substantial influence on the future success of Diremo.

However, the greatest allure to the program is perhaps its communal atmosphere. Gabriel finds it important to emphasize this. He describes that “not only are we able to connect with mentors, alumni and coaches from BU, but also other students founding startups.” This, he believes, is “invaluable” to broadening Diremo’s connections and, in a similar manner to the advising program, a keystone to company growth.

Overall, we at Diremo are super excited to welcome this new chapter in our company. As Gabriel puts it, participation in such a well renowned program “will help us accelerate our work in building the future of e-commerce.” We can’t wait to continue to see what participation in the Boston University Innovation Pathways program has to offer for Diremo.