Blogging live from New Orleans–today the Village Capital cohort will pick two investments as part of the Idea Village’s New Orleans Entrepreneurship Week. ¬†A cohort of 16 entrepreneurs has been meeting weekly since early November, evaluating and assessing one another’s businesses, and today, the peer group will pick two to receive $50,000 in investment apiece. ¬†Last week, the cohort selected four finalists, and each one will have a chance to pitch their peers today.
We’ll be looking at:
SensPack, a mobile medical monitoring device that extends basic healthcare to people outside the reach of hospitals, whether it be rural Americans or those in emerging markets. ¬†Senspack is a backpack with basic health diagnostic tools, all Bluetooth-enabled to send patient information to health care professionals across distances.
GTC Nola, which looks to redefine the way taxi transportation is done in the US. ¬†GTC Nola is a 100% clean-energy fleet, and they look to have universal reliability, acceptance of credit cards, and “green” transportation within the fleet.
LifeCity, a green business certification company that looks to rate and evaluate businesses on their sustainability, building a membership list of consumers who will drive business to more sustainable enterprises.
Rebirth Financial, an organization that helps small businesses in economically distressed areas gain access to fair financial services. ¬†Rebirth helps secure financing for enterprises and helps them navigate the difficult-to-acquire financing available for small businesses.
The Idea Village has navigated this group through a 12-week peer review process. ¬†Two of these are getting investment today, and their peers are making the decisions. ¬†Stay tuned…
(By Ross Baird. ¬†Photo Credit Justin Somnia.)