Click here to close now.

Welcome!

News Feed Item

PowerMoves.NOLA Announces Winners of Three $25,000 Power Pitch Competitions, Plus Recipients of $50,000 Fellowship and $25,000 Cash Award From Risingstars Boot Camp Demo Day

Launch of Initiative to Increase High Growth Minority Entrepreneurs July 4-5 Saw Minority Startup Executives Participate in Three Pitch Competitions, Two-Day Boot Camp Presented by Techstars

NEW ORLEANS, LA -- (Marketwired) -- 07/08/14 -- PowerMoves.NOLA, the new national initiative focused on providing access to capital, connections and guidance to increase the number of America's venture-backed minority entrepreneurs, has announced the results of its three $25,000 pitch competitions that were held July 4-5 in New Orleans. The initiative's organizers also announced the results of the July 5 Risingstars Demo Day competitions, which included a $50,000 PowerMoves.NOLA fellowship, and a $25,000 cash award to a second company.

PowerMoves.NOLA launched in media partnership with the 2014 ESSENCE Festival™ Presented by Coca-Cola® July 3-5, with a weekend chock full of events, including three Power Pitch competitions, during which 20 minority entrepreneurs in various stages of business development participated. The weekend also included a two-day Risingstars Boot Camp Presented by Techstars, in which early stage entrepreneurs received intense training and mentorship, culminating in a Demo Day presentation to a distinguished group of judges/investors. PowerMoves.NOLA's presenting sponsor is Chevron, one of the world's leading integrated energy companies.

The winners of the Power Pitch competitions, the fellowship recipient and the Demo Day prize winner are (all awards are $25,000 unless otherwise noted):

Chevron Power Moves Power Pitch at ESSENCE Festival™

Olubunmi 'Boomie' Odumade, Co-Founder & VP of Engineering - Nexercise, Silver Spring, MD - a free app making healthy living a winnable game. Nexercise's founders created the business based on the premise that exercise doesn't have to be boring, and that people don't have to drastically change their lifestyles to be healthy. Nexercise offers a new way to stay motivated, lose weight, and stay in shape by allowing consumers to play with friends, earn rewards, defeat challenges, and track their progress on the largest fitness mobile interactive game of its kind.

$5,000 ESSENCE Festival Audience Favorite - In addition to formally judged competition, the Chevron Power Moves Power Pitch also included a $5,000 prize to the audience favorite. This prize went to Delali Kpodzo, Co-Founder of We Are Onyx, the all-in-one online beauty platform dedicated to Black women.

Liberty Bank "Angel" Power Pitch

Candace Mitchell, Founder/CEO - Techturized Inc., Atlanta, was founded by hair enthusiasts who want to transform the hair care industry for women of color through science and technology. Their first solution is a mobile app called Myavana, a female social network which allows collaboration on hair care and styling issues through photo sharing, hair products, and profiles of stylists. www.myavana.com

Entergy "Series A" Power Pitch

Kellee James, Founder/CEO - Mercaris, Washington, DC, addresses the lack of basic market data available to participants in the $7 billion organic and non-GMO agricultural sector. Its trading platform provides up-to-date, accurate information on commodity market conditions, and allows buyers and sellers to meet on-line and trade. www.mercaris.com

PowerMoves.NOLA $50,000 Fellowship Recipient

Luke Cooper, Founder - Asurvest, Baltimore - a technology enabled Insurance & Financial Services Company, focused on average incomers. The company manages risk through insightful, data driven technology that meets consumers at key decision points. They integrate their product line with other funding and e-commerce sites through a single user interface. Cooper, who grew up in poverty and whose father was incarcerated for most of his life, ultimately used entrepreneurship as a tool for overcoming life's biggest challenges. http://asurvest.com

The PowerMoves.NOLA fellowship includes a $50,000 investment, technical assistance (marketing, legal, business strategy, etc.), assistance in closing an angel round, free or subsidized office space, and a roster of available high impact advisory board members and mentors. The fellowship also requires that 25% or more of their FTE employees live in the New Orleans region for at least a year, including a C-level executive.

PowerMoves.NOLA Risingstars Demo Day $25,000 Award

Bea Arthur, Founder - Prettypaddedroom, Brooklyn - transforms traditional therapy into a streamlined, HIPAA-complaint experience that is affordable and anonymous. Using the Digital Diary™ -- an interactive journal that facilitates written consultations with a potential client's therapist of choice -- clients can connect with an all-female team of licensed therapists anytime and anywhere. www.prettypaddedroom.com,

Separately, Entergy and PowerMoves.NOLA announced the winners of Entergy's Facebook-based consumer challenge in which Entergy awarded $5,000 prizes to two participating PowerMoves.NOLA startups who garnered the most consumer votes in the corporation's Facebook-based challenge. One $5,000 award for a New Orleans-based business went to web-based employment business gotointerview.com, and the second $5,000 award for a business participating in the Entergy "Series A" Power Pitch went to Chicago-based Converse Point, which organizes and reduces clutter in electronic messaging systems.

"This weekend was everything we hoped it would be for the entrepreneurs and for the potential investors who participated in our programs," said PowerMoves.NOLA Founder Leslie Jacobs. "Now it is incumbent upon us to continue to support these companies, and spread the word about PowerMoves.NOLA, so we can grow the future pool of participants, and make a tangible impact on the number of minority-founded companies in the startup space."

"The entrepreneurs who graduated from our inaugural boot camp, participated in our pitch competitions and won our pitch competitions demonstrate there is abundant untapped talent among minorities in the startup space," said PowerMoves.NOLA President Earl Robinson. "The PowerMovesNOLA team and the New Orleans Startup Fund congratulate all participants and winners."

"Chevron is pleased to be the lead and founding sponsor of the PowerMoves.NOLA program and congratulates all the pitch winners," said Chevron Gulf of Mexico General Manager of Public Affairs Sakari Morrison. "Together we can enable the economic inclusion of those who have been historically underserved and underrepresented. It is Chevron's hope that our partnership will bring us one step closer to the goal of equal access to economic opportunity."

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.

Headquartered in New Orleans, PowerMoves.NOLA's mission is to deploy innovative ideas, fresh approaches, and an overall commitment to equity and diversity as a growth strategy to address the generational obstacles that prevent minority entrepreneurship. PowerMoves.NOLA can be found online and in social media at www.powermovesnola.org, @powermovesnola, Facebook, LinkedIn.

About Chevron
Chevron is one of the world's leading integrated energy companies. Based in Covington, LA, Chevron's Gulf of Mexico business unit has approximately 1,800 employees and approximately 2,000 contractors daily. Chevron is one of the largest producers and second largest leaseholder on the Gulf of Mexico shelf; and one of the top leaseholders in the deepwater Gulf of Mexico. More information about Chevron is available at www.chevron.com.

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
SYS-CON Media announced today that CloudBees, the Jenkins Enterprise company, has launched ad campaigns on SYS-CON's DevOps Journal. CloudBees' campaigns focus on the business value of Continuous Delivery and how it has been recognized as a game changer for IT and is now a top priority for organizations, and the best ways to optimize Jenkins to ensure your continuous integration environment is optimally configured.
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool for visual control over the...
"In the IoT space we are helping customers, mostly enterprises and industry verticals where time-to-value is critical, and we help them with the ability to do faster insights and actions using our platform so they can transform their business operations," explained Venkat Eswara, VP of Marketing at Vitria, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, it is now feasible to create a rich desktop and tuned mobile experience with a single codebase, without compromising performance or usability.
The most often asked question post-DevOps introduction is: “How do I get started?” There’s plenty of information on why DevOps is valid and important, but many managers still struggle with simple basics for how to initiate a DevOps program in their business. They struggle with issues related to current organizational inertia, the lack of experience on Continuous Integration/Delivery, understanding where DevOps will affect revenue and budget, etc. In their session at DevOps Summit, JP Morgenthal...
"We provide a web application framework for building really sophisticated web applications that run on a browser without any installation need so we get used for biotech, defense, and banking applications," noted Charles Kendrick, CTO and Chief Architect at Isomorphic Software, in this SYS-CON.tv interview at @DevOpsSummit (http://DevOpsSummit.SYS-CON.com), held June 9-11, 2015, at the Javits Center in New York
In his session at 16th Cloud Expo, Simone Brunozzi, VP and Chief Technologist of Cloud Services at VMware, reviewed the changes that the cloud computing industry has gone through over the last five years and shared insights into what the next five will bring. He also chronicled the challenges enterprise companies are facing as they move to the public cloud. He delved into the "Hybrid Cloud" space and explained why every CIO should consider ‘hybrid cloud' as part of their future strategy to achie...
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
"The idea of polyglot persistence is you have to apply the right database for the job - you always have to have many different databases in play. We offer that whole system as a service," explained Raj Singh, Developer Advocate for IBM Cloud Data Services, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
SYS-CON Events announced today that WHOA.com, an ISO 27001 Certified secure cloud computing company, participated as “Bronze Sponsor” of SYS-CON's 16th International Cloud Expo® New York, which took place June 9-11, 2015, at the Javits Center in New York City, NY. WHOA.com is a leader in next-generation, ISO 27001 Certified secure cloud solutions. WHOA.com offers a comprehensive portfolio of best-in-class cloud services for business including Infrastructure as a Service (IaaS), Secure Cloud Desk...
SYS-CON Events announced today that Intelligent Systems Services will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Established in 1994, Intelligent Systems Services Inc. is located near Washington, DC, with representatives and partners nationwide. ISS’s well-established track record is based on the continuous pursuit of excellence in designing, implementing and supporting nationwide clients’ ...
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of pro...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading in...