Welcome!

News Feed Item

Risingstars Boot Camp Presented by Techstars Brings Top Entrepreneurs and Investors to New Orleans to Mentor Minority Entrepreneurs as Part of PowerMoves.NOLA July 3-5

Participating Boot Camp Entrepreneurs Will Also Be in the Running for a $50,000 PowerMoves.NOLA Fellowship, a $25,000 Cash Award, and Up to Five May Be Selected for Risingstars Mentorship Program

NEW ORLEANS, LA -- (Marketwired) -- 06/12/14 -- Some of America's leading entrepreneurs and investors will mentor 20 early-stage minority entrepreneurs participating in the Risingstars Boot Camp presented by Techstars, an intensive, two-day session that serves as one component of the new, multi-faceted PowerMoves.NOLA initiative to be held July 3-5 in New Orleans. PowerMoves.NOLA was created to provide access to capital, mentors and advisers for high-growth minority entrepreneurs. The goal of the Risingstars Boot Camp presented by Techstars is to extend startup opportunities to demographic groups that are currently under-represented in the technology startup community.

Mentors participating in the Risingstars Boot Camp will include:

David Drach, Vice President of Business Development, Techstars. Drach is responsible for corporate relationships at Techstars and helped build the powered by Techstars programs. Previously Drach was Managing Director of the Emerging Business Team at Microsoft, focusing on startup and venture engagement across XBOX, Windows, Office and Bing. Drach helped create and grow the Microsoft BizSpark, BizSpark + and BizSpark One startup offerings from Microsoft. Dave helped build Great Plains Software which exited to Microsoft for $1.2B.

Fred Hutson, Founder and CEO of Pigeonly. Fred used his time behind bars for trafficking marijuana to plan and develop a business idea that would affect the lives of people no one else was paying attention to -- inmates. He founded Pigeonly, a platform that identifies and organizes data on the nations's incarcerated. Pigeonly has raised $2 million dollars in venture capital funding and currently employs 12 people and is growing. Fred is an alum of the Techstars Risingstars Program.

Jerry Johnson, Managing Director of RLJ Equity Partners, a private equity firm focused on generating long-term capital appreciation by investing in profitable and growing businesses founded in 2006 by Robert L. Johnson and The Carlyle Group. He joined RLJ Equity Partners from American Capital, a publicly traded alternative asset management company with more than $20 billion of assets under management. Previously, Johnson was with Bank of America and also served as a White House Fellow and Special Assistant to the Secretary of Defense.

Shaun Johnson, Co-Founder of the Startup Institute. Shaun Johnson is a technologist, early adopter and helper of people. He is the co-founder of Startup Institute, an edtech company equipping individuals with the skills, access and mindset needed to make an immediate and positive impact on the startup venture they join. Startup Institute has locations in the US and in Europe. Shaun also serves as an entrepreneur-in-residence at Georgetown University's Entrepreneurship Initiative.

Tuan Pham, Director of Techstars in Boston - Pham enjoys meeting and helping founders, and leveraging Techstars to build a more vibrant entrepreneurial Boston community. Prior to working with Techstars in Boston, Pham led Silicon Valley Bank's early stage practice in New York and Boston.

K.J. Singh, Director of Techstars in New York - Singh is currently the Director of Techstars, NYC. In his current role, he sits on the selection committee for Techstars NYC and advises companies on product/market fit, fundraising strategies and other strategic issues. Prior to Techstars, KJ was a management consultant with Booz & Company. Previously, he was an investment-banker with Redwood Capital Group and started his career at JPMorgan. He holds a BBA from the University of Michigan and an MBA from Columbia Business School.

One Boot Camp entrepreneur will be selected as a PowerMoves.NOLA fellow, and will receive a $50,000 investment, office space, technical assistance. One entrepreneur will also receive a $25,000 cash prize from PowerMoves.NOLA. In addition, up to five entrepreneurs will be selected to join the Risingstars mentorship program.

Boot Camp participants will receive intensive hands-on guidance and coaching on their business models directly from the mentors. Mentors will focus on all aspects of an individual participant's business model, including developing a strong business value proposition, selecting effective customer development strategies, achieving product/market fit, identifying early adopters and establishing sustainable revenue streams while controlling costs. The Boot Camp will culminate with a Demo Day presentation to potential investors. The event is provided to the entrepreneurs at no charge.

"With their collective knowledge of startups, and successful track records, this amazing group of mentors put together by Risingstars Founder Tom Chikoore will ensure that all participants walk away from the weekend as winners, with information and advice they can put into practice immediately," said Leslie Jacobs, CEO of the New Orleans Startup Fund. "At PowerMoves.NOLA, we are focused on supporting early-stage, high-growth, minority-led companies. Providing these tech entrepreneurs with high quality mentors to guide them is a great way to keep us moving toward that goal."

"Through Risingstars we are creating opportunities for those who are underrepresented in the tech startup community," said Risingstars Founder and Director, Tom Chikoore. "We're fortunate to have a highly qualified group of mentors -- and partners like PowerMoves.NOLA -- who are equally committed to supporting entrepreneurs."

About PowerMoves.NOLA
PowerMoves.NOLA is a national initiative designed to increase the number of America's venture-backed minority businesses by leveraging the entrepreneurial ecosystem, resources and culture of New Orleans. This year, PMN will offer an intense two day Risingstars boot camp presented by Techstars for twenty early stage tech entrepreneurs of color and three pitch events for twenty high growth, minority-founded startups. Over the weekend, these forty entrepreneurs will pitch their ideas, expand their networks, and foster connections and relationships that will help them grow their businesses. And in providing this forum, PMN will showcase the innovation a diverse entrepreneurial community can provide America.

Headquartered in New Orleans, PowerMoves.NOLA's mission is to address the generational challenges of wealth and economic development with innovative ideas, fresh approaches, and an overall commitment to equity and diversity as a growth strategy.

About Techstars
Techstars is the #1 startup accelerator in the world. Once a year in each location, Techstars funds about 10 companies and surrounds them with about 100 of the best and brightest web entrepreneurs and investors in the world. So far, about 80% of the companies that have been through Techstars have subsequently raised a total of about $500M in angel or venture capital, and 24 of them have already been acquired.

The Techstars Risingstars program extends technology company startup opportunities to demographic groups that are currently underrepresented in the technology startup community.

Contact:
Lynn McReynolds
410-268-0275
McReynolds Elek Communications
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
DX World EXPO, LLC, a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of the 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to gre...
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...