LSU Student-Founded Business Wins Big in Business Plan Competition

Mallard Bay, the brand-new outside market for booking guided looking and fishing outings with dependable charters and outfitters, results in being one of about a dozen pupil-started companies to gain thousands and thousands in investment decision pounds and in-kind prizes in the course of an worldwide pupil startup levels of competition. The Louisiana State University student-established corporation received $218,000 through the 2022 Rice Company Approach Level of competition on April 7-9, 2022.

Only 42 groups competed in the level of competition at Rice University, narrowed down from additional than 400 applicants. Of all the companies, Mallard Bay introduced home the fourth most in investments and prizes, such as:

  • Owl Investment decision Prize: $65,000
  • Softeq Venture Studio Prize: $50,000 hard cash, $75,000 in-kind prizes
  • RBPC Alumnus, Thomas Healy, Financial investment Prize: $25,000
  • Anbarci Relatives Business Showcase Prize: $1,000
  • Semi Finalist Funds Prize: $1,500
  • Very best Elevator Pitch – Client: $500

“We are past psyched to be regarded among the wonderful pupil organizations in this levels of competition and thrilled to get this revenue to continue to build Mallard Bay,” said Logan Meaux, Co-Founder of Mallard Bay. “This corporation is genuinely a dream come genuine, and we cannot wait to see how far it goes.”

Mallard Bay is an Airbnb-style market where sportsmen and guides can connect, transact and e book looking and fishing excursions on a frictionless online system. Mallard Bay also delivers back again-office environment answers to support these corporations showcase their excursions, deal with their publications and accept payments – all in a person area. Founded by Logan Meaux and Joel Moreau though students at LSU, the two began setting up the business enterprise and joined forces with fellow Co-Founders Tam Nguyen and Wyatt Mallett.

This is not the initial enterprise-program levels of competition honor for Mallard Bay. Whilst students at LSU, Meaux and his co-founders entered Mallard Bay into the J Terrell Brown Venture Obstacle at LSU, in which they put in the top rated three.

Mallard Bay formally released in November 2021. You can get a lot more information and facts at MallardBay.com.

About Mallard Bay:

Mallard Bay is a guided hunt reserving experience for sportsmen and outfitters. The on the net marketplace drives bookings for guides, charter captains and outfitter homeowners, though supplying an Airbnb-fashion practical experience in which sportsmen are supplied authentic-time availability, protected payments, top quality assurance and lodging and breakfast alongside with their guided hunts.

The masterminds guiding Mallard Bay – Logan Meaux, Joel Moreau, Tam Nguyen and Wyatt Mallett – dreamed up the plan though attending Louisiana State University and Ole Overlook. The crew now employs quite a few staff users, most of whom are however college students at LSU.

Maria Flores

Next Post

Retirement Communities Global Market Opportunities and Strategies to 2030 - ResearchAndMarkets.com

Wed Apr 20 , 2022
DUBLIN–(BUSINESS WIRE)–The “Retirement Communities Global Market Opportunities And Strategies To 2030, By Community Type” report has been added to ResearchAndMarkets.com’s offering. The retirement communities market reached a value of nearly $189.3 billion in 2020, having increased at a compound annual growth rate (CAGR) of 0.1% since 2015. The market is […]