Katie Milligan, director of small business & entrepreneurship for the DRA said, "This year's entrepreneurs bring incredible business models that have the potential to disrupt the industries that they are working within. These are companies that have grown out of the Delta and plan to stay in the Delta, investing in their local community. We're proud to be able to support them with a strong network of resources, mentors and peers."
LineGard Med is the developer of the SafeBreak™ I.V. medical device that prevents dislodgement and pull-outs of medical tubing. Clinical studies show that approximately 7% of I.V. lines are dislodged in various hospital and long-term care settings. Over 200 million I.V.s are installed in the United States each year, making I.V. dislodgement a significant healthcare issue.
The company's business plan resonated with the judges and the New Orleans Entrepreneurship Week attendees that voted on the winner. Spencer Jones, LineGard Med Founder and CEO, made the pitch at the competition. After the big win he stated, "This is another validation of our simple and elegant solution to help prevent I.V. dislodgement. There are approximately 24 million I.V. dislodgements in the U.S. alone annually. Our device can be used on any I.V. line and is going to help eliminate pain and delayed treatment for many, many patients in the United States and around the world."
Winning the grand prize provides LineGard Med with an additional $10,000 to help bring the SafeBreak I.V. to market. Jones said, "We haven't yet decided how we are going to invest the proceeds from winning the competition, but this amount of money opens up some great possibilities such as hiring a summer intern, doing an additional clinical study, or purchasing a new exhibit booth. These are things that will allow us to move our business forward more quickly."
ABOUT LINEGARD MED
LineGard Med is the developer of a unique patented break-away technology that works with all types of medical tubing. The break-away feature helps prevent the dislodgement or pull-out of feeding tubes, IV lines, urinary catheters and any other type of medical tubing by breaking into two pieces and protecting the patient's tube/catheter insertion site. The company's first product, SafeBreak I.V. fits into any standard I.V. tubing and will help prevent I.V. dislodgements, which occur millions of times a year in the United States.
For additional information go to http://www.linegardmed.com or contact Vance Clement at vance@linegardmed.com or 901-351-9270.
Contact
Vance Clement
***@linegardmed.com
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