Mississippi has bemoaned its lack of technology startups and venture capital since the first dot-com boom in the mid 1990s.
Innovate Mississippi believes it might have a solution. It is providing funding and training to seven Mississippi tech startups through a 12-week program.
Alex Bucklew and Johnathan McAdory had an idea for a product that would find the best price for prescription drugs by aggregating discounts from a variety of sources. Their company, SimpleScript, is their first try at starting a business. For Bucklew and McAdory, Innovate Mississippi’s accelerator has taught them how to grow their business.
”Especially something that’s scalable to the level (SimpleScript) is, it can be difficult to figure out what to do next. We needed some counsel on how to get from point A to point B.” said Bucklew. “From working with CoBuilders we will be ready to get funding.”
Mississippi has a nascent tech scene and state leaders have struggled with how to grow it. Innovate Mississippi is a nonprofit organization trying to connect entrepreneurs with investors and other resources across the state.
“With 3 million people in Mississippi, we’ve gotta do a lot of work just to find the business that needs the mentor three hours away, that needs the accounting person,” said Tony Jeff, the CEO and president of Innovate. “We connect those dots.”
Full story: Innovate Mississippi startup accelerator wants to create new jobs and opportunities – Mississippi Today