Myconi Technologies won the seventh Fort Worth Business Plan Competition, a program of the Fort Worth Business Assistance Center presented by Capital One.
Myconi Technologies’ business plan centered around developing a wireless monitoring device that can be placed inside a box of products or attached to a pallet or container to monitor and report environmental conditions (such as temperature, humidity, pressure, light and harsh handling) throughout the supply chain process. It is especially relevant to pharmaceutical and food delivery systems.
Barry McCleland is the chief executive officer of Myconi Technologies and Eugene Van Beljon is chief technology officer.
“This took many, many years of hard work,” McCleland said. “The most difficult part was the restraint to not market the product until we had full product services. It took longer than we expected.”
Runners-up in the competition:
- Second place finisher Enos, founded by Efrain Villa. Enos designs, manufactures and sells timepieces that have a stainless steel construction, Japanese automatic movement and handmade Italian bands.
- Third place finisher Jollitot, founded by Sean Usman. Jollitot creates innovative products for babies, including a three-in-one swing, rocker and bouncer for infants.
Myconi Technologies and Jollitot are clients of TechFW.
The three top finishers took home cash and prize packages valued at more than $50,000, including $15,000 cash. The finalists emerged from the 10 semifinalists who competed during a pitch night presentation Oct. 12 at the Moncrief Cancer Institute.
The competition, open to Tarrant County businesses and startups, began in July. Twenty-five businesses from 49 entries were selected for four educational sessions and a minimum of two business counseling sessions.
Get articles like this in your inbox weekly. Subscribe to City News
- TechFW Impact Awards luncheon is Oct. 9
- Intersection closures scheduled for Bluebonnet Circle
- Fort Worth’s well-being surges as U.S. score drops
- Race & Culture Task Force meeting rescheduled
- No meters allowed as Near Southside participates in PARK(ing) Day
- More News »
North Beach Street Public Art Kick-off Event: 9 a.m. Sept. 22, 2018; Fort Worth Police Department Sixth Patrol Division, 8755 N. Riverside Drive.
Litter Cleanup at Chisholm Trail: 9 a.m. Sept. 22, 2018; Chisholm Trail Community Center, 4936 McPherson Blvd.
Responsible Pet Ownership Class (Spanish): 9 a.m. Sept. 22, 2018; Chuck Silcox Animal Care & Adoption Center, 4900 Martin Street.
Crud Cruiser Mobile Waste Collection: 9 a.m. Sept. 22, 2018; MET Church , 11301 Old Denton Rd.
Building Standards Commission Pre-Meeting: 9 a.m. Sept. 24, 2018; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.
View the agenda »
Building Standards Commission Meeting: 9:30 a.m. Sept. 24, 2018; Council Chambers, Second Floor, City Hall, 200 Texas Street.
View the agenda »
Task Force on Race and Culture: 5 p.m. Sept. 24, 2018; University Christian Church, 2720 S University Drive.
Joint Meeting of Fort Worth Housing Finance Corporation and Fort Worth Local Development Corporation: 2 p.m. Sept. 25, 2018; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.
Fort Worth Local Development Corporation: 2 p.m. Sept. 25, 2018; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.
City Council Work Session: 3 p.m. Sept. 25, 2018; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.
Active Transportation Projects Open House: 6 p.m. Sept. 25, 2018; Fort Worth Central Library, 500 W 3rd St.
City Council Meeting: 7 p.m. Sept. 25, 2018; Council Chambers, Second Floor, City Hall, 200 Texas Street.
City Plan Commission Work Session: noon Sept. 26, 2018; City Hall, Second Floor, Council Conference Room 290, 200 Texas Street.
City Plan Commission Public Hearing: 1:30 p.m. Sept. 26, 2018; City Hall, Second Floor, Council Chambers, 200 Texas Street.
Hemphill Street Improvements Project Meeting: 6:30 p.m. Sept. 26, 2018; Victory Forest Community Center, 3427 Hemphill St.