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
Ovum, a leading technology analyst firm, has published an in-depth report, Ovum Decision Matrix: Selecting a DevOps Release Management Solution, 2016–17. The report focuses on the automation aspects of DevOps, Release Management and compares solutions from the leading vendors.
Continuous testing helps bridge the gap between developing quickly and maintaining high quality products. But to implement continuous testing, CTOs must take a strategic approach to building a testing infrastructure and toolset that empowers their team to move fast. Download our guide to laying the groundwork for a scalable continuous testing strategy.
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
StackIQ has announced the release of Stacki 3.2. Stacki is an easy-to-use Linux server provisioning tool. Stacki 3.2 delivers new capabilities that simplify the automation and integration of site-specific requirements. StackIQ is the commercial entity behind this open source bare metal provisioning tool. Since the release of Stacki in June of 2015, the Stacki core team has been focused on making the Community Edition meet the needs of members of the community, adding features and value, while ...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
Choosing the right cloud for your workloads is a balancing act that can cost your organization time, money and aggravation - unless you get it right the first time. Economics, speed, performance, accessibility, administrative needs and security all play a vital role in dictating your approach to the cloud. Without knowing the right questions to ask, you could wind up paying for capacity you'll never need or underestimating the resources required to run your applications.
It’s 2016: buildings are smart, connected and the IoT is fundamentally altering how control and operating systems work and speak to each other. Platforms across the enterprise are networked via inexpensive sensors to collect massive amounts of data for analytics, information management, and insights that can be used to continuously improve operations. In his session at @ThingsExpo, Brian Chemel, Co-Founder and CTO of Digital Lumens, will explore: The benefits sensor-networked systems bring to ...