MerkWares Joins LDD Partners Accelerator Program July 1, 2012
Strategic partnership aims to bring the EmberLit™ camp stove to the mass market
Salt Lake City, Utah – Strategic consulting firm LDD Partners announced that Utah-based outdoor equipment start-up MerkWares LLC has joined its business accelerator program.
MerkWares has developed EmberLit™, a lightweight, compact wood-burning stove that can be used to cook a full meal using only a handful of sticks gathered on the trail. EmberLit has already gained a following among camping enthusiasts, who appreciate its ease of use and exceptional portability. As part of the LDD Partners Accelerator Program, MerkWares plans to introduce the EmberLit camp stove, available in both stainless steel and titanium models, to the mass market.
“EmberLit is an elegant solution to easy outdoor cooking and we wanted to bring this product to the retail market,” says Mikhail Merkurieff, founder of MerkWares and inventor of EmberLit. “We were looking for a trusted partner with the business acumen and strategic insight needed to help us take our business to the next level.”
The LDD Partners Accelerator Program is a three- to six-month program targeted at accelerating the development of start-ups or early-growth companies with existing sales and a growing customer base. The goal of the program is to help these companies establish a market position and improve business processes to increase efficiency, productivity, and profitability.
“We are very selective about the companies we invite to join our accelerator program,” says Ron Heffernan, founder and managing partner of LDD Partners. “Our accelerator program is designed support entrepreneurs with innovative ideas who are looking for mentorship and resources to build lean, sustainable businesses. As a Utah-based company with a strong sense of social responsibility, MerkWares is an excellent fit for our model.”
In addition to assisting MerkWares with securing sourcing and manufacturing partners, LDD Partners will also provide strategic guidance on business plan development, infrastructure development, marketing, and investor relations.
LDD Partners is now accepting applications for its 2013 Accelerator Program.
About LDD Partners
LDD Partners is a strategic consulting firm, business incubator and business accelerator powered by a seasoned team of entrepreneurs, executives and investment bankers. This dual background in entrepreneurship and investment banking gives LDD Partners unique insight in critically evaluating business problems and offering solutions that meet the objectives of both business leaders and potential investors. LDD Partners offers empirical experience in all aspects of building, growing and selling a business and is positioned to support companies at every stage of the business life cycle, from seed to exit.
MerkWares is an outdoor equipment company dedicated to developing efficient, durable, high-quality outdoor products that stand out for their innovative design and ease of use. In addition to the EmberLit stove, MerkWares is developing new products that both support an active outdoor lifestyle and respect precious natural resources.