Proudli Technologies wins Pitch Room at JSE conference
Proudli Technologies copped the young entrepreneur prize purse of $300,000 on Wednesday in the Venture Capital Pitch Room of the JSE Capital Markets Conference.
The company, headed by Renae Bruce Miller, connects manufacturers to clients in China through her e-commerce platform. Miller had the strongest pitch and business idea, said deputy general manager of the Jamaica stock Exchange, Robin Levy, in his judge's report.
Proudli Technologies is a business-to-business sales development agency that forges market entry of high-value goods into the global marketplace using cross-border e-commerce technology. The company represents and manages multiple brands as their exclusive agents.
Bruce Miller was also one of five entrepreneurs who went to China in 2015 to compete for US$1 million in the US-China Investment Forum.
Two other entrepreneurs, Oshane Creary, a final-year student of the University of West Indies, and Waheba Selassie, creator of the Flush-o-wash toilet seat, also pitched at the event.
Creary's company, called Lenders and Borrowers, is a fin-tech start-up that matches loan seekers with micro lenders. The business model will see the company charging a fee for matches made on its platform.
His idea, pitched as novel to Jamaica, if funded, could change the face of how person access loans locally.
Flush-o-Wash is patented in England and 40 countries in Europe, creator Selassie told the Pitch Room audience at the session held on day two of the three-day conference. The company is seeking funding to produce at least 5,000 units in its first year.