Meet Our Members: Matt Chacko


Matt Chacko used to work in the academic field full-time before the entrepreneurial bug bit him. He says, “I soon ventured into various businesses in the restaurant and food industry. This taught me what it took to start a business and the dedication needed to make it successful.”

Two years ago, he teamed up with two partners to create BumpOut, a revolutionary portable Bluetooth speaker that will be launching in September. BumpOut is the first speaker system in the world to feature Motorized Expansion Technology. This allows it to remain slim and ergonomic while being carried comfortably in your pocket yet, expands creating an acoustic chamber that results in powerful, high-quality sound and rich bass response. They’ve paired this technology with BumpOut Coins that feature a patented repositionable adhesive that allows you attach the speaker to any smooth surface, even your smartphone. To date, they have raised over a million dollars and secured strategic partnerships for their startup.

Aside from BumpOut Audio, they also run a youth-driven initiative called BumpOut United. Matt explains, “It is about helping today’s ambitious youth gain access to men and women of influence who believe in themselves and are building a successful life doing what they love.”

A Delaware native, Matt is a graduate of Delaware State University where he obtained both his Bachelor’s and Master’s degrees. He is also currently writing his dissertation for my Doctoral Program in Higher Education Leadership at Wilmington University.

Matt often works at The Mill although his team has an office space in Philadelphia. “It provides me with a space I need to stay local if I choose to,” he shares. He adds that he enjoys working at The Mill because it’s convenient and gives him a relaxing environment where he can focus and get work done, “I am a community member and the price you pay for all the amenities is incredible. I often utilize the state of the art conference rooms to host meetings weekly. Overall, it’s just a great place with a great staff.”

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