The JEDCO Challenge, powered by Greater Lakeside Corporation, elevates opportunities for entrepreneurs by providing them with a platform in which to showcase their early-stage ventures and by uniting them with today’s local business leaders, establishing relationships that will provide access to direct capital, business resources and mentorship. Our up-and-coming innovators are the future of Jefferson Parish and we want to give them the tools to find success locally.
It’s happening Tuesday, May 15, 2018. Startups compete for $20,000 in direct capital and additional in-kind business services to help them grow. This competition is for any startup company with ties to Jefferson Parish hoping to make it to that next step. We’re here to help!
How Does It Work?
First thing’s first! Apply for the JEDCO Challenge by 11:59 PM on Monday, March 26, 2018. See criteria below.
Once the deadline has passed, JEDCO will choose 10 applicants to move on to the semifinal interview round. Interviews for that portion of the competition will happen the first week of April 2018. Our panel of experts will help us choose our JEDCO Challenge finalists.
The chosen few finalists will be invited to give a live pitch & a product demo at the JEDCO Challenge on May 15, 2018. They also have to present a condensed business plan (1-2 pages) for judges’ review in advance of the competition.
Don’t worry! We don’t just throw our finalists to the wolves. Every entrepreneur chosen to compete in the JEDCO Challenge MUST go through one Pitch Prep session with JEDCO. It’s mandatory and former finalists tell us it’s very helpful. Plan for that in late April.
What happens if you make it to the final round?
Here’s what you can expect on the day of the event.
2018 JEDCO Challenge Criteria
JEDCO seeks entrepreneurs with unique ideas that have the high potential to grow and positively impact Jefferson Parish. They must meet the following criteria to be eligible:
Interested in applying? Then you’ll need to mark these dates on your calendar!
JEDCO would like to extend a big thank you to all of the companies and organizations that supported the 2017 JEDCO Challenge. Our sponsors donated money, time, and in-kind services to ensure the JEDCO Challenge has a positive impact on regional entrepreneurs and the Jefferson Parish community. Please take a minute to look through the list of sponsors for the event. Their kindness gives us the chance to connect vision with opportunity.
Idea Village, Jefferson Chamber of Commerce, Gillis, Ellis & Baker, Jefferson Parish, New Orleans BioInnovation Center, the LSBDC GNOR, Tulane University A.B. Freeman School of Business, Elmwood Business Association, Goldman Sachs 10,000 Small Businesses at Delgado Community College, Greater New Orleans, Inc., Xavier University, Lee Pryor, Urban League of Louisiana
365 Connect, Ardyn Thriffiley & Associates, Carver, Darden, Koretzsky, Tessier, Finn, Blossman & Areaux, LLC, Biz New Orleans, Connect2Sell, Daul Insurance, Gillis, Ellis & Baker, Innovation Ochsner, Jefferson Chamber, LaPorte CPA’s and Business Advisors, Louisiana Small Business Development Center, Postlethwaite & Netterville, & Touchpoints Marketing & Advertising
BioAesthetics was founded in 2015 as a Tulane University spin-out with the mission to improve reconstruction options for breast cancer patients after they undergo mastectomies. The BioAesthetics' initial product is a tissue-engineered nipple-areolar complex (NAC). This product will be provided to plastic and reconstructive surgeons as an off-the-shelf ready, acellular, NAC graft. During the breast reconstruction phase, after a mastectomy, the surgeon would engraft the NAC graft in position onto the patient's reconstructed breast. The patient's body would then use this NAC graft as a building frame to regenerate their own NAC. This patent-pending product is currently in the pre-clinical phase.
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Chosen Diagnostics' core mission is to improve health care delivery for patients by providing diagnostic tests that personalize their treatment. The company is developing a biomarker test to diagnose a common and life-threatening gastrointestinal disease, called necrotizing enterocolitis (NEC), in preterm infants with low birth weight. Annually, over 6,000 preterm infants in the US acquire NEC, which incurs $3.2 billion in healthcare costs. In Louisiana alone, 1,400 preterm infants each year are at risk. For the last three decades, NEC diagnosis has relied on radiology, which identifies only 44% of affected infants. The rapid pace of disease progression usually results in bowel destruction and surgery. More than a quarter of the affected infants die. Survivors are faced with long-term health complications. Accordingly, there is a critical need for a diagnostic test with better performance. Our solution is Neonatal DDx, a novel test that identifies 93% true positives and 95% true negatives. Such medical device advancement and adoption within hospitals in Jefferson Parish and the greater New Orleans area can spur earlier NEC treatment and improve outcomes in these fragile patients, as well as lower health care costs.
Drone Party Planet combines fun social gatherings with the thrill of flying a drone. Drone Party Planet brings drone flying virtually anywhere via its patent-pending DroneZone. The DroneZone is a modular enclosure, which can be easily set up without tools, and can be scaled from a small (1200 cu-ft) demo size used in retail to a very large size (approx. 20,000 cu-ft) used in festivals and conferences. The company offers onsite Drone Birthday Parties, engaging drone-build classes, and flight rentals at its Clearview Mall location. It is the first company to offer existing party service companies a turnkey drone party product that will satisfy the ever-growing drone market.
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IDIYA designs, installs, supplies and supports innovative learning Labs in schools across the Greater New Orleans region. These "Makerspace" classrooms, outfitted with cutting-edge equipment, provide students with hands-on opportunities to problem-solve, apply skills to functional projects, and prepare for the 21st century workforce. Using a turnkey delivery model, IDIYA Labs works closely with educational administrators to determine the most efficient use of available space and funding to customize a school's "Makerspace." IDIYA installs equipment and support furnishings in designated spaces and then, provides equipment training for school staff. The company also provides school-specific evaluation metrics and grading rubrics for instructors to assess student readiness and progress. IDIYA's model addresses workforce development needs within the community as companies seek workers with specific technical skills. Schools that work with IDIYA position their students for success in a rapidly changing economic climate.
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Southern City Farm is a local urban farm located in an 1,100 square foot, climate controlled warehouse in Elmwood, Louisiana. The company provides the freshest specialty produce available on a consistent basis to chefs, restaurants, and markets throughout the Jefferson-Orleans Parishes. Growing locally, Southern City Farm ensure freshness of product and personable service. The company currently produce microgreens, micro herbs, and edible flowers. Southern City Farm has achieved superb growth throughout 2016, increasing revenue by over 8 times in 12 months, and plans to market through distributors and high-end retailers in 2017, further expanding their growth. The company plans to replicate this local urban farm concept in large cities across the United States.
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We are thrilled to welcome Fuji Vegetable Oil to Jefferson Parish. The global company will create 39 high-paying jobs and invest $70 million into the project. Read more »
JEDCO is excited to announce its newest partnership. The 2018 JEDCO Challenge will be sponsored by Greater Lakeside Corporation and its subsidiaries. Read more »
(AVONDALE, La) – Following a public Request for Proposals (RFP) process, the Jefferson Parish Economic Development Commission (JEDCO) has selected Perkins+Will to develop a master plan for the Churchill Technology & Business Park in the Fairfield area of Avondale. The award-winning global multi-disciplinary, research-based architecture and design firm will begin developing the plan in late February. The entirety of the planning process will span … Read more »
700 Churchill Parkway
Fairfield, Louisiana 70094