A Birmingham financial technology firm and a Scottsboro jewelry business started by a student took home the prizes in the Alabama Launchpad’s Tuskegee pitch competition event Thursday.
Earning the $50,000 award for concept stage was Kenzie’s Creations, created by McKenzie Wilbanks, a high school senior who started her online custom and original jewelry business as a sophomore. She plans on going onto full-time work once she graduates.
Birmingham’s Quantalytix, a financial technology company that got its start in the first cohort of the Velocity Accelerator, won the $100,000 Early Seed Stage prize. Founders Will Bryant and Chris Aliotta say they will use the funds partially to hire developers. The company offers a comprehensive data solution for non-traditional mortgage lenders to mitigate lending risks.
Economic Development Partnership of Alabama President Steve Spencer said having the competition at Tuskegee University, associated with inventor George Washington Carver, was inspirational.
“Alabama Launchpad is committed to cultivating Alabama’s future economy through its most innovative and talented startups, and we’re excited to see where Quantalytix and Kenzie’s Creations go from here,” he said.