FAIRFIELD, LA – The Jefferson Parish Economic Development Commission (JEDCO) and First NBC Bank, in partnership with the Jefferson Chamber, have announced the five companies scheduled to compete in the third annual Jefferson Parish-based pitch competition during New Orleans Entrepreneur Week (NOEW) presented by IBERIABANK, which is produced by The Idea Village.
JEDCO received more than 30 applications for the JEDCO Challenge, powered by First NBC Bank, from entrepreneurs with ties to Jefferson Parish. A selection committee of business leaders chose five companies to participate in the live pitch event.
The JEDCO Challenge features a diverse group of companies with backgrounds in a variety of industries in Jefferson Parish:
AxoSim Technologies
Pioneered by J. Lowry Curley, PhD, and Michael J. Moore, PhD, AxoSim's advanced "nerve-on-a-chip" technology can determine the level of neurological safety and effectiveness of a new drug early in its development. The company developed a 3D cell-based model that acts and functions like a nerve, which serves as an alternative to costly animal testing or less effective cell models. This "nerve-on-a-chip" gives pharmaceutical companies access to high content data faster, earlier and at a lower cost than currently possible, which increases the chance of clinical success and prevents harmful drugs from reaching vulnerable patients.
AxoSim's ultimate goal is to accelerate medical breakthroughs and improve people's health.
Cook Me Somethin' Mister
The Jambalaya Girl's locally owned family business, Cook Me Somethin' Mister, is bringing an authentic taste of Greater New Orleans to the world, starting with the company's easy to prepare jambalaya and gumbo made with the finest ingredients in the region.
Drawing from her upbringing in the New Orleans cooking scene and her creation of a nationwide tailgating fundraiser following Hurricane Katrina, owner Kristen Preau, (Jambalaya Girl) created Cook Me Somethin' Mister from her Dad's jambalaya recipe. All products are packaged for retail and foodservice with more recipes to come. Distribution is rapidly growing nationally and internationally, as products are currently available in more than 100 grocery stores, 10 Sam's Clubs, 10 major food service distributors and can be ordered online and on Amazon Prime.
InnoGenomics Technologies
InnoGenomics Technologies is dedicated to the development of innovative genetic testing solutions that solve crimes and save lives.
The company's patented technology has multiple applied science applications, including the ability to enable forensic scientists to unlock answers from the most challenging DNA evidence. Currently, the company is developing a liquid biopsy method to detect and monitor cancer through a minimally invasive blood test. InnoGenomics' scientific team has in-depth expertise in molecular biology, forensic genetics and molecular diagnostics; and the company's management team has over 85 combined years of experience in successful biotechnology commercialization.
InnoGenomics is focused on harnessing the power of genomics to transform healthcare and forensic investigations.
myMix Nutrition
myMix Nutrition is an e-commerce store that allows individuals and organizations to formulate, and purchase their own custom protein powder products.
Created by husband and wife team, Crutcher and Sarah Reiss, myMix Nutrition enlisted the assistance of registered dieticians, licensed nutritionists and internal medicine doctors to review the business plan, ingredient offerings and dosage control systems to ensure product safety. myMix's menu of available ingredients to mix spans the gamut to fit the needs of any and all health and fitness enthusiasts. myMix is wholly dedicated to delivering the highest quality products, creating transparency and comfort, and tailoring each mix to their customers' exact needs.
Sock Spot (Pleasantree, LLC)
A family of four loses more than 60 pairs of socks a year! Sock Spot is the educational solution to that household problem.
Sock Spot is a book and toy combo packaged together to include an organizing toy rack with colorful character sock clips and an illustrated storybook. The Sock Spot installs horizontally or vertically on your washer/ dryer or anywhere in your laundry room with kid-friendly suction cups. The book tells an adventure of a boy and his lost sock, which incorporates the same characters found on the toy and a jingle to help kids remember what to do with that single unpaired sock. Sock Spot teaches children order and tidiness, while saving time and money.
Each purchase helps to fund autism research and family support.
"Jefferson Parish is fortunate to have such a dynamic entrepreneurial community and this competition helps to recognize those companies," Jerry Bologna, JEDCO's Executive Director, said. "This year's finalists represent a wide range of industries and talent which showcase the diversity and quality of our startup community."
"The JEDCO Challenge provides a wonderful platform for the companies participating," First NBC Bank President & CEO Ashton Ryan said. "Not only does it connect these entrepreneurs with businessmen and women who can help them grow and achieve success in Jefferson Parish, but it also gives our community a real opportunity to see the true talent, energy and creativity present in our community right now."
The finalists will compete during New Orleans Entrepreneur Week on Monday, March 23, 2015, at Southport Hall, at 2:00 p.m.
Each company will have 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 crowd vote. JEDCO will give the crowd an opportunity to choose their favorite pitch. A small number of points will be awarded to the crowd favorite and added to the overall score. The entrepreneur with the winning pitch will receive a growing prize package of in-kind business services and direct capital.
JEDCO created the 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.
