And the Winner Is…
Congratulations to Spencer Jones and Jones Innovative Medical Solutions on claiming the top prize in the fall 2014 ARK Challenge in Little Rock on November 12, 2014.
Spencer’s development of the “Bifurcated Venous Access Device” (BVAD), a dual-lumen peripheral IV site that allows for pain-free blood draws, will be a game-changer in the medical and patient care industry.
(insert pic of Spencer with award)
The event, held at the William J. Clinton Presidential Center in downtown Little Rock was a highlight of the Arkansas Startup Week 2014. Six local companies vied for the top prize of investment capital of $150,000.
Building a Strong Pipeline for Startup Innovation in Arkansas Continues at ARK Challenge in Little Rock
Arkansas Governor, Mike Beebe kicked off the exciting events of the Fall Ark Challenge 2014 Demo Day. Governor Beebe reflected on the weak state of innovation and entrepreneurism in the State when he first took office. But the spark has been lit! Consistent effort over the past several years created an environment of innovation and small business development that will continue after he leaves office. The ARK Challenge is an exciting part of that forward momentum.
Top Little Rock Innovators Make a Splash at the Fall ARK Challenge Demo Day
The following companies participated in the Fall 2014 ARK Challenge Demo Day, presenting their businesses in an 8-minute pitch to investors and the community. It was Shark Tank, Little Rock style!
Acorn Hours: An online tool that helps implement and support experiential learning programs in schools.
Fairshare Data: An “anti-loyalty” program that compiles consumers’ credit card transactions and lets businesses push targeted deals to compete for consumers.
Jones Innovative Medical Solutions: The patent-pending Bifurcated Venous Access Device (BVAD) is a dual-lumen peripheral IV site that allows for pain-free blood draws, reducing expenditures on disposables and increasing patient satisfaction.
My Color of Beauty: A content + commerce company that provides quick beauty solutions for women of color
Tagless: Men’s online styling service providing brand-name clothing and professionally curated style at an affordable price…sustainably.
Linkedcause: An opt-in, buy one, give one cause marketing concept and the company behind Eatiply, which has provided 225,000 local meals donations through a partnership with Arkansas Rice Depot.
NOTE: One additional contestant, Politapoll—re-branded as Real Agent Guard—exited the ARK Challenge to move their product more quickly to market due to customer demand.
**Company information and description courtesy ARK Challenge 2014.
The ARK Challenge Demo Day is setting the bar and challenging the best Arkansas innovators and entrepreneurs to rise to the “challenge.” At the same time, the ARK Challenge, with other initiatives in Little Rock and around the State are creating an atmosphere of momentum and creativity that is sure to continue to foster and draw new business development to Arkansas.