SYS-CON MEDIA Authors: Pat Romanski, Elizabeth White, Yeshim Deniz, Glenn Rossman, Cynthia Dunlop

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.

@CloudExpo Stories
Compute virtualization has been transformational, yet security policy implementation and enforcement has lagged behind in agility and automation. There are a number of key considerations when implementing policy in private and hybrid clouds. In his session at 15th Cloud Expo, Holland Barry, VP of Technology at Catbird, will discuss the impact of this new paradigm and what organizations can do today to safely move to software-defined network and compute architectures, including: How normal ope...
Samsung VP Jacopo Lenzi, who headed the company's recent SmartThings acquisition under the auspices of Samsung's Open Innovaction Center (OIC), answered a few questions we had about the deal. This interview was in conjunction with our interview with SmartThings CEO Alex Hawkinson. IoT Journal: SmartThings was developed in an open, standards-agnostic platform, and will now be part of Samsung's Open Innovation Center. Can you elaborate on your commitment to keep the platform open? Jacopo Lenzi: S...
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic • Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff hap...
SYS-CON Events announced today that SOA Software, an API management leader, will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. SOA Software is a leading provider of API Management and SOA Governance products that equip business to deliver APIs and SOA together to drive their company to meet its business strategy quickly and effectively. SOA Software’s technology helps businesses to accel...
SYS-CON Events announced today that Utimaco will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Utimaco is a leading manufacturer of hardware based security solutions that provide the root of trust to keep cryptographic keys safe, secure critical digital infrastructures and protect high value data assets. Only Utimaco delivers a general-purpose hardware security module (HSM) as a customiz...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
SYS-CON Events announced today that ElasticBox is holding a Hackathon at DevOps Summit, November 6 from 12 pm -4 pm at the Santa Clara Convention Center in Santa Clara, CA. You can enter as an individual or team of up to 10 developers. A New Star Is Born Every Month! All completed ElasticBoxes will then be sent to a judging panel - 12 winners will be featured on the ElasticBox website in 2015. All entrants will receive five full enterprise licenses for one year + ElasticBox headphones + Elasti...
Once the decision has been made to move part or all of a workload to the cloud, a methodology for selecting that workload needs to be established. How do you move to the cloud? What does the discovery, assessment and planning look like? What workloads make sense? Which cloud model makes sense for each workload? What are the considerations for how to select the right cloud model? And how does that fit in with the overall IT tranformation? In his session at 15th Cloud Expo, John Hatem, head of V...
Cloud services are the newest tool in the arsenal of IT products in the market today. These cloud services integrate process and tools. In order to use these products effectively, organizations must have a good understanding of themselves and their business requirements. In his session at 15th Cloud Expo, Brian Lewis, Principal Architect at Verizon Cloud, will outline key areas of organizational focus, and how to formalize an actionable plan when migrating applications and internal services to...
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, will discuss how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP ...
Ixia develops amazing products so its customers can connect the world. Ixia helps its customers provide an always-on user experience through fast, secure delivery of dynamic connected technologies and services. Through actionable insights that accelerate and secure application and service delivery, Ixia's customers benefit from faster time to market, optimized application performance and higher-quality deployments.
SYS-CON Events announced today that Calm.io has been named “Bronze Sponsor” of DevOps Summit Silicon Valley, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Calm.io is a cloud orchestration platform for AWS, vCenter, OpenStack, or bare metal, that runs your CL tools puppet, Chef, shell, git, Jenkins, nagios, and will soon support New Relic and Docker. It can run hosted, or on premise and provides VM automation / expiry, self-service portals,...
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, will focus on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19+ years in high tech. At Verizon Enterprise, she focuses on driving growth for the Verizon Cloud pla...
SYS-CON Events announced today that Aria Systems, the recurring revenue expert, has been named "Bronze Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Aria Systems helps leading businesses connect their customers with the products and services they love. Industry leaders like Pitney Bowes, Experian, AAA NCNU, VMware, HootSuite and many others choose Aria to power their recurring revenue bu...
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce t...
As Platform as a Service (PaaS) matures as a category, developers should have the ability to use the programming language of their choice to build applications and have access to a wide array of services. Bluemix is IBM's open cloud development platform that enables users to easily build cloud-based, creative mobile and web applications without having to spend large amounts of time and resources on configuring infrastructure and multiple software licenses. In this track, you will learn about the...
Blue Box has closed a $10 million Series B financing. The round was led by a strategic investor and included participation from prior investors including Voyager Capital and Founders Collective, as well as the Blue Box executive team. This round follows a $4.3 million Series A closed in December of 2012 and led by Voyager Capital. In May of this year, the company announced general availability of its private cloud as a service offering, Blue Box Cloud. Since that release, the company has dem...
SYS-CON Events announced today that Verizon has been named "Gold Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Verizon Enterprise Solutions creates global connections that generate growth, drive business innovation and move society forward. With industry-specific solutions and a full range of global wholesale offerings provided over the company's secure mobility, cloud, strategic network...
SimpleECM is the only platform to offer a powerful combination of enterprise content management (ECM) services, capture solutions, and third-party business services providing simplified integrations and workflow development for solution providers. SimpleECM is opening the market to businesses of all sizes by reinventing the delivery of ECM services. Our APIs make the development of ECM services simple with the use of familiar technologies for a frictionless integration directly into web applicat...
The only place to be June 9-11 is Cloud Expo & @ThingsExpo 2015 East at the Javits Center in New York City. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT & Big Data companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked for their ability to explore the economic...