MDA Announces Second Round of V-Quad Grants for Technology Ventures
JACKSON (Courtesy: Mississippi Development Authority) – The Mississippi Development Authority invites qualified teams that are
developing new products or services in the energy and agriculture technologies
to participate in the “Pitch in the V-Quad” competition to be held on Aug. 26.
Each
pitch must include elements that cover the team’s level of technology
readiness, market readiness, team members’ competencies, use of funds and
business strategy. The competition is limited to 15 teams. MDA will award three
teams venture development grants totaling $25,000.
The
competition is supported by the Energy Program for Innovation Clusters Prize
from the U.S. Department of Energy, which MDA won to highlight the state’s
technology-based entrepreneurial ecosystem. Ten teams were selected to
participate in the first stage of the V-Quad accelerator program.
V-Quad’s
goal is to build an innovative, virtual incubator network to support
Mississippi entrepreneurs launching businesses focused on energy- and
agriculture-related technologies. V-Quad is a public-private partnership that
connects Mississippi’s research universities, industry, government and
non-profits into an inclusive, tech-based entrepreneurial network.
The
competition is open to teams of high school and college students, university or
community college faculty, for-profit businesses, non-profit organizations,
public-sector employees or any combination of individuals from these entities.
In
addition to traditional energy and agricultural activities, examples of
eligible projects include the use of information and communication technology,
robotics, artificial intelligence, virtual reality, unmanned aerial and
terrestrial vehicles and genomics within the energy and agriculture
technologies.
The
deadline to express intent to “Pitch in the V-Quad” is Friday, Aug. 20. For
more information, go to mississippi.org/vquad or email sarora@mississippi.org with the subject
line “Pitch in the V-Quad.”
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