Date: Monday, May 9, 2022
For Immediate Release
(Vincennes, Indiana) A software company that improves efficiencies for some of the most data-intensive challenges for law enforcement is moving to the next round in a statewide startup competition. The founder received mentoring and guidance on his business plan from The Pantheon’s Entrepreneur in Residence, Dr. Jason Salstrom of Purdue Foundry.
Mike Jacob of Vincennes and his team from American Evidence Management won the regional Elevate Ventures Nexus Competition in Evansville. This guarantees them entry into Elevate Ventures statewide Nexus Competition where they will receive invaluable exposure and could potentially win an $80,000 investment. “Mike and his team are the kind of startup we look forward to working with,” Salstrom said. “They understand the importance of the tech, the business, and the customer side of the equation, and they are hungry to learn more.”
American Evidence is an early-stage Software as a Service (SaaS) provider of blockchain-backed no-code automation solutions for law enforcement and criminal justice agencies. The technology helps law enforcement manage criminal cases more quickly and efficiently through automation and smart data management. The software suite reduces administrative burdens and preserves evidence in an extremely secure and unalterable fashion. The idea stemmed from software tools that their team created to run a private forensic lab and from observing the negative impact of mishandled criminal evidence.
Jacob turned to The Pantheon early in 2021 to validate his business idea using tools offered through the Purdue Foundry Firestarter program that he accessed through The Pantheon. The Firestarter program gives clients the opportunity to explore potential markets, customers, and financial models. As part of that process, he met with Entrepreneur in Residence Dr. Jason Salstrom of Purdue Foundry. Dr. Salstrom mentored Jacob through his ideation. “If you have a problem to solve, The Pantheon can help,” Jacob said. “They have helped us start and grow American Evidence much more quickly than we would otherwise have been able to do.”
Jacob will compete at the statewide Elevate Ventures Nexus Competition this summer.
About Purdue Foundry:
Purdue Foundry is a partner of The Pantheon in Vincennes. It’s an entrepreneurship and commercialization hub whose professionals help Purdue innovators create and grow startups. The Purdue Foundry has been involved in creating more than 300 companies. It’s managed by Purdue Research Foundation, which received the 2019 Innovation and Economic Prosperity Universities Award for Place from the Association of Public and Land-grant Universities. In 2020, IPWatchdog Institute ranked Purdue third nationally in startup creation.
About American Evidence Management:
AEM is an Indiana-based startup that creates automated process and records management solutions for law enforcement and criminal justice agencies. Michial Jacob (Purdue University ME ’06) is the founder of AEM. Visit AmericanEvidence.com for additional information.
About the Pantheon:
The Pantheon (PantheonTheatre.org) is a storied 1920s styled theater with 15,000 square feet of renovated workspace. The site sits in downtown historical Vincennes, Indiana and is the heart of co-working and entrepreneurship in Knox County. Its mission is to develop resources, services and a community which will foster innovation and help entrepreneurs and businesses prosper in the region. The operations are proudly backed by the Davidson School of Engineering at Purdue University and the Purdue Research Foundation.
Local Entrepreneur Climbs to Next Level, Wins $80,000 in State Pitch Competition