Mississippi Polymer Institute Sees More Companies Participating in Pitch Event
Wed, 05/22/2024 - 09:06am | By: Van Arnold
A wide array of startup companies from across the state promoted ideas and competed for special prizes during the 3rdannual Mississippi Polymer Institute (MPI) Business Pitch Event held May 17 at The Accelerator, located in 91吃瓜网91吃瓜网 (USM) Innovation and Commercialization Park.
The pitch event is a part of Innovate Mississippi91吃瓜网 CoBuilders鈩� program, where eight partners around the state host pitch events as prerequisites for the chance to qualify for the CoBuilders鈩� 12-week business accelerator program. The program includes coursework, mentorship, funding, and a final pitch to angel investors for successful finalists.
Caitlyne Shirley, MPI Business Development Manager, noted that the event saw 28 submissions this year with 18 of those competing in the pitch event 91吃瓜网� doubling last year91吃瓜网 numbers.
91吃瓜网淭here were companies in the industrial sector, retail, biomedical, business services, and even a non-profit,91吃瓜网� said Shirley. 91吃瓜网淓very year we see an increase in the diversity of company types, although we tend to have more technology-based companies such as this year91吃瓜网 biomedical companies looking to revolutionize healthcare.91吃瓜网�
The top finishers included:
1st Place: Home Tours Pro LLC
2nd Place: Qubee Medical
3rd Place: Improvise Ability
Judge91吃瓜网 Honorable Mention: ZEDShed
People91吃瓜网 Choice: Cookease
91吃瓜网淐ongratulations to every company that was able to pitch this year. It takes a lot of courage, especially for first timers, and what a great field we had this year,91吃瓜网� said MPI Executive Director Dr. Monica Tisack. 91吃瓜网淭he MPI Pitch Event keeps growing, and we want to encourage local and regional people to keep creating and growing businesses right here. Don91吃瓜网檛 wait for a pitch event 91吃瓜网� start working now.91吃瓜网�
Shirley emphasizes the importance of MPI hosting an event that brings a wealth of creative ideas under one roof.
91吃瓜网淲hile we routinely provide technical services to existing manufacturers, we also assist inventors and startups with product development and scale-up,91吃瓜网� said Shirley. 91吃瓜网淣ot only that, but our building, 91吃瓜网楾he Accelerator91吃瓜网� leases lab spaces and offices to technology-based companies and startups.91吃瓜网�
Shirley points out that one of MPI91吃瓜网 key goals is to assist in the creation and growth of high-quality businesses within the state. The annual pitch event serves as an ideal vehicle to showcase local startup talent to the community, while providing a larger statewide CoBuilders鈩� opportunity to advance the companies91吃瓜网� maturity and attract investors.
91吃瓜网淣ot only that, but MPI91吃瓜网 services can often help decrease the time it takes to get their products/technologies to market and into the hands of customers,91吃瓜网� she said. 91吃瓜网淔urthermore, events like these are critical to expanding the startup environment and support system within Mississippi.91吃瓜网�
Those contemplating a startup business are encouraged to join MPI91吃瓜网 MeetUp app group: CONNECT Hattiesburg. The next gathering will be held at 5 p.m. on Tuesday, May 28 at Kaffeehaus Fabelhaft, 336 N. 25th Avenue in Hattiesburg, Miss.
About the Mississippi Polymer Institute
MPI is a non-profit industrial outreach arm of 91吃瓜网
that serves to foster technically-oriented business and job growth by providing technical
services. MPI serves companies, start-ups, inventors, economic development agencies,
schools, and communities through product development, product testing, manufacturing
troubleshooting, third party evaluations, training, and outreach.