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Myconi Technologies wins Fort Worth Business Plan Competition

Posted Oct. 31, 2017

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winners stand at the podium
Top finishers in the Fort Worth Business Plan Competition include, from left, Sean Usman, Jollitot, third place; Barry McCleland, Myconi Technologies, first place; and Efrain Villa, Enos, second place. (Photo by Kevin Vain)

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.

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