Louisiana Startup Prize's $70,000 Grand Prize Goes to the Alchemy Geopolymer
5 finalist entrepreneurs receive "intent" letters from Startup Prize investor panel.
SHREVEPORT-BOSSIER, La., Sept. 30, 2014 /PRNewswire-USNewswire/ -- The Louisiana Startup Prize (www.LaStartupPrize.com), "The Most Amazing Entrepreneurial Competition on the Planet," announced Alchemy Geopolymer Solutions as its Grand Prize Winner of the LA Startup Prize at a sold out brunch on Sunday, September 28. Alchemy Geopolymer Solutions received $25,000 cash, $10,000 worth of marketing services from Williams Creative Group, $10,000 of accounting services from Heard, McElroy and Vestal, one free year of office space provided from American Tower (valued at $20,000) and a $5,000 corporate video provided by Fairfield Studios.
"Team Louisiana Startup Prize couldn't be prouder of Alchemy Geopolymer Solutions," said Gregory Kallenberg. "That said, we are incredibly proud of the four startups that made it this far. It was an amazingly close race and a hugely competitive field of entrepreneurs."
The Startup Prize hosted five finalists, Alchemy Geopolymer Solutions - Dr. Carlos Montes, Lynxus - Nicholas Spinazze, PathoRADAR - Varun Kopparthy, Seln - Leonardo Hudson, StopFlood Appliance Systems - Brent Singley in Shreveport this weekend where they competed in series of public events and in front of a private audience of investors during the Startup Prize FINAL FINAL.
While the Grand Prize was a great incentive for the entrepreneurs, the most exciting factor is that the LASP Board of Directors (a group primarily consisting of investors) had the opportunity to invest further into any of these final projects. Envelopes with further business investments were handed to all five of the finalists.
"The Louisiana Startup Prize has differentiated itself by nurturing and evolving our startups and connecting them with investors," said Kallenberg. "By doing this, we have created a beacon for indie business leaders and we look forward to seeing how the Startup Prize grows in 2015."
Photo - http://photos.prnewswire.com/prnh/20140929/149156
SOURCE The Louisiana Startup Prize
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