Home » NEWS » Manufacturing » Entrepreneurs selected for MTA's New Venture Challenge

Entrepreneurs selected for MTA's New Venture Challenge

JACKSON — Three Jackson entrepreneurs were selected to compete in the 4th-Annual Mississippi New Venture Challenge, organized by the Mississippi Technology Alliance (MTA). The annual competition was free and open to the public at the Jackson Convention Center located in downtown Jackson.

Competitors include: Marla Group, of Jackson, which has a patented hooded hair dryer that provides a healthier, more comfortable and time efficient hair drying experience; The Donor Tree, of Jackson, an online fundraising company whose trademarked technology tool facilitates the recruitment of new donors beyond their identified contacts; and, UMOJA Inc., of Jackson State, an international firm that manufactures wireless headsets with integrated MP3 technology.

Forty-two innovative companies in three divisions presented their venture opportunities to a panel of judges that included some of Mississippi’s top entrepreneurs and investors. Winners in each category competed for cash prizes and in-kind services.

In addition to the cash and in-kind prizes available, the audience of investors, entrepreneurs, service providers and economic developers were looking to connect with companies to help them secure the resources they need to move forward.  Each team was invited to participate in MTA’s Venture Development Academy and assigned a mentor to work with prior to the competition.

The event’s title sponsor was Bradley Arant Boult & Cummings law firm. Other major sponsors for the event included the Mississippi Development Authority and Phelps Dunbar, LLP.

“The New Venture Challenge showcases the tremendous innovation and talent found all around Mississippi,” said Tony Jeff, president and CEO of the Mississippi Technology Alliance. “In addition to the sponsors for the cash prizes, we’re grateful to the State of Mississippi for supporting entrepreneurial development activity like this through MTA.”

Source: MTA


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About For the MBJ

Leave a Reply