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Venture Lab Awards Prize Money to Traveling Spoon

Berkeley—Septtember 11, 2013— CET proudly announces Traveling Spoon as the latest graduate from the Venture Lab Program. Venture Lab will be awarding Steph Lawrence and Aashi Vel of Traveling Spoon $12,000.

Traveling Spoon allows travelers to connect with authentic food experiences around the world. Travelers get the unique opportunity to dine in the homes of vetted hosts, take cooking classes, and market tours.

Steph and Aashi consistently made progress each week, executing against their milestones. Over the summer session, the founders incorporated, contracted designers and engineers, launched their site, received bookings, made revenue, added hosts, received press coverage, and attracted advisors.

The prize money will allow the company to purchase insurance and pursue opportunities with established channel partners. Traveling Spoon is currently seeking angel investment to develop their reservation platform, hire developers, and grow their startup into more countries.