JEDCO Announces Finalists in 2019 Startup Pitch Competition

AVONDALE, La. – The Jefferson Parish Economic Development Commission (JEDCO) introduced the five early-stage companies scheduled to compete in the seventh annual JEDCO Challenge powered by Greater Lakeside Corporation. The JEDCO Challenge is a Jefferson Parish-based business pitch competition created to elevate opportunities for local startup companies. It has become a premier event for Jefferson Parish. Details were shared in a press release.

JEDCO received 35 applications from entrepreneurs with ties to Jefferson Parish this year. Through a rigorous review process, a selection committee of business leaders chose five companies to participate in the live pitch event at the Gretna Cultural Center for the Arts on May 14 at 5 p.m.

The JEDCO Challenge features a diverse group of startup companies with backgrounds in a variety of industries tied to Jefferson Parish. 

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During the event, each company will have just seven minutes to present a live pitch in front of a panel of Jefferson Parish business leaders. Entrepreneurs will be scored based upon the live pitch, a condensed business plan submitted in advance of the competition, and a crowd vote. JEDCO will give every person in the crowd an opportunity to choose their favorite startup after all five entrepreneurs have pitched. A number of points will be awarded to the crowd favorite, and then added to that company's overall score. The entrepreneur who delivers the winning pitch will receive $20,000 in direct capital and additional in-kind services such as marketing, accounting, and legal assistance. A second place prize will be given to the runner-up as well.

JEDCO created the JEDCO Challenge in 2013 to identify, engage with, and assist up-and-coming innovators. The goal of the competition is to elevate opportunities for local entrepreneurs in the area through direct capital, business services, increased visibility and mentorship. Previous winners include Be Well Nutrition (ICONIC), PortaVision Medical, InnoGenomics Technologies, Bhoomi Cane Water, Chosen Diagnostics, and Instapath.


Register for the event here.

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