Friday evening of New Orleans Entrepreneur Week (NOEW) is known for The Big Idea, the world’s largest crowd-driven pitch competition with major cash up for grabs.
Ten startups gathered at the NOEW campus to convince the crowd to vote for them with chips valued at $25. The three startups with the most chips when voting closed were invited to pitch live on stage to a huge crowd. The chips represent real money so the entrepreneurs take home the cash value of chips received, even if they didn’t make it to the stage.
Magic Bank, Ready Responders, and Saint Hugh were the three startups to get far enough to pitch to a panel of judges comprised of entrepreneurs and local celebrities.
After much deliberation, Ready Responders was announced the winner of The Big Idea. The startup helps emergency medical services reach the location of an emergency faster than ever by integrating part-time Emergency Medical Technicians (EMTs) into municipal 911 systems (EMS).
All 10 of the finalists were eligible for an additional prize package provided by Peter Mayer Advertising. Ready Responders also won that package valued at $30,000.
The other companies who made it to the final 10 were Bagel Boy, CapWay, Culture Chest, FollowMyCal, Realized Designs Projects, The Host, and VR Arcade NOLA.
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