InNOLAvation is a Group of Leaders and Entrepreneurs Working to Facilitate Innovation in the Minority Community
Images from our 2014 High School Mobile App Challenge
About the 2014 High School Mobile App Challenge
The inNOLAvation Challenge was an initiative driven by inNOLAvation with the support of The Idea Village that was designed to encourage the formation of innovative businesses by minority entrepreneurs. This year ‘s event Pitch event was focused on the young minds of several local high schools. Our participants in this year’s NOEW were all minority high school students who had developed ideas for mobile apps. Creating their own logos, business structures, and validating their demographic, inNOLAvation’s youngest members showcased their mobile apps on Saturday, March 22, 2014 during New Orleans Entrepreneur Week “NOEW” at Gallier Hall.
Images from our 2013 InNOLAvation Challenge
About the 2013 InNOLAvation Challenge
The inNOLAvation Challenge is a collaborative initiative of inNOLAvation and The Idea Village that is designed to encourage the formation of innovative businesses by inner-city high school students. The 2014 inNOLAvation Challenge is an idea competition that challenges select teams of New Orleans high school students to develop a mobile application that solves a social issue affecting their communities. The students will receive mentorship and guidance from local entrepreneurs in preparation for the final event. The teams will have the opportunity to pitch their ideas by interacting directly with audience members in a “science-fair” format. The winning team of students will receive the capital to launch their mobile application in addition to gaining access to technical service providers.
inNOLavation was created to encourage the creation of innovative business by minority entrepreneurs. Innovation and wealth creation within the minority community has historically been a challenge. According to a study conducted by the Center for Venture Research, only 7% of the firms who presented their concepts to angel investors in 2011 were minority-owned. The growing importance of entrepreneurship in the New Orleans economy is underscored by the need to encourage innovation within the minority community at an early age in order to achieve a balanced local economy.