Louisiana Startup Prize’s Grand Prize Goes to Innolyzer Labs
ANECA Credit Union Surprises Finalists with $500,000
SHREVEPORT-BOSSIER, La. – The Louisiana Startup Prize, “The Most Amazing Entrepreneurial Competition on the Planet,” announced Innolyzer Labs as its Grand Prize Winner of the LA Startup Prize at a sold out brunch on Sunday, September 13.
Innolyzer Labs 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) a $5,000 corporate video provided by Fairfield Studios and new this year, Aneca Federal Credit Union announced that they will be offering each of the finalists access to $100,000 of financing for business expenses.
“This was certainly the best group of entrepreneurs that we’ve ever seen,” said Gregory Kallenberg. “The judging was incredibly intense.”
The Startup Prize’s five finalists were an impressive group from all over the country and represented concepts like a point of care test that will diagnose bacterial infections quickly, a multi-purpose tool that is designed for hospital nurses and combines several medical instruments into one, and metal 3D printed rocket engines that are designed to cost-effectively commercialize rocket launches.
Kallenberg also announced that the LASP Investor Judges (a group primarily consisting of qualified investors) handed out “letters of interest” to all five Startup Prize finalists. “The incredibly exciting part of all this year’s Startup Prize is that all of our finalists could potentially earn an investment,” said Kallenberg. “It’s incredible that everyone involved might win,”