After we announced the strong finalists for the Acceleprise Enterprise Entrepreneurship Challenge, judges dug in to pick the one company that would join the next class of Acceleprise, an accelerator for awesome enterprise-focused companies.
The winner has been chosen, and it’s a company with an impressive offering with a huge amount of potential. We’re happy to announced that Mercury Continuity Partners (MCP) will be joining the next accelerator class, grabbing $30K in seed investment and resources like Amazon Web Services credits and great mentors.
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According to the company, here are the problems it solves:
Every year, U.S. businesses alone lose upwards of $25 billion from avoidable network downtime. By relying on land-based redundancy, organizations requiring high levels of network resiliency – such as financial firms, governments and utilities – expose themselves to significant risk of an IT disruption.
Mercury Continuity works with dozens of technology partners to supply a cost-effective, fully redundant connectivity solution that ensures ongoing communications for private and public sector clients. We provide a full-service solution, reducing cost, risk and complication while maximizing protection.
The idea for the company came after the horrific Tsunami in Japan.
I spoke to Adam Jaffe, Managing Partner at MCP, who has a background in government and understands the need for better communication, and here’s what he told us:
TNW: What is it that made you want to submit your company to this competition?
Adam Jaffe: To this point, Mercury Continuity has been an entirely self-funded venture, between myself and my partner, Jeremy Keyes. The Acceleprise Enterprise Entrepreneurship Challenge provided us the opportunity to channel our somewhat limited resources most effectively, enabling us to utilize our capital for development and revenue generation rather than for sunk costs.
TNW: What are you looking forward to the most when it comes to joining the acceleration cycle?
Adam Jaffe: By participating in the Acceleprise program, we can continue to set the direction of our company while working in an environment which fosters the type of creative process and thinking which has gotten us to this point. Also, since enhancing communications and connectivity for public safety agencies and emergency responders is a major focus of Mercury Continuity, to be in Washington, D.C., at the focal point of those efforts is quite a thrill.
TNW: Now that you have some new resources, what is your main focus for the company?
Adam Jaffe: Our focus remains unchanged. We set out to [try to] improve the state of communications redundancy and network resiliency in areas where we saw – and which recent events have highlighted – critical vulnerabilities which imperiled people’s lives and well-being. With enhanced resources, we will continue to develop our technology and provide an essential service to public and private sector clients.
TNW: How was the process of the competition for you, nerve-wracking at all?
Adam Jaffe: This entire start-up process has been an intense and exhilarating journey, which, at times, I admit may have been a bit nerve-wracking. Considering that when I started Mercury Continuity, I was trying to balance law school with a tech start-up, the opportunity to focus all of my energy on Mercury has been wonderful. I like to think that our performance in the competition is an indication that our efforts are starting to pay off, and makes me extremely excited for what’s in store…
TNW: Can you tell our readers a bit more about your product and why you’re so passionate about it?
Adam Jaffe: Mercury Continuity Partners was established to offer corporate and government clients a higher standard of network and communications resiliency. By leveraging multiple broadband technologies including satellite, microwave, fiber optic and other wireless fiber-equivalent platforms, our model ensures that both : 1) Municipalities and public safety agencies maintain network connectivity and therefore business continuity during a catastrophe or any IT disruption; and 2) Directors, executives and key decision-makers can access and assess mission critical applications in real-time.
Congratulations to Mercury Continuity Partners, we’ll be watching its progress as time goes on and let you know how the company is doing. We’ll even ask them how the accelerator was in case you’d like to submit an application for your business.