Mallard Bay, the newest outdoor marketplace for booking guided hunting and fishing trips with reputable charters and outfitters, becomes one of dozens of student-founded businesses to earn millions of dollars in investment and in-kind prizes in an international student start-up competition. The company founded by Louisiana State University students won $218,000 in the 2022 Rice Business Plan Competition from April 7-9, 2022.
Only 42 teams entered the competition at Rice University, out of more than 400 applicants. Of all the companies, Mallard Bay took fourth place in terms of investments and awards, including:
- Owl Investment Price: $65,000
- Softeq Venture Studio Prize: $50,000 cash, $75,000 in-kind prize
- RBPC alumnus, Thomas Healy, investment price: $25,000
- Anbarci Family Business Showcase Prize: $1,000
- Semi-Finalist Cash Prize: $1,500
- Best Elevator Pitch – Consumer: $500
“We are beyond thrilled to be recognized as one of the incredible student companies in this competition and thrilled to receive this money to continue building Mallard Bay,” said Logan Meaux, co-founder of Mallard Bay. “This company is truly a dream come true, and we can’t wait to see how far it will go.”
Mallard Bay is an Airbnb-style marketplace where sportsmen and guides can connect, transact, and book hunting and fishing trips in a frictionless online platform. Mallard Bay also provides back-office solutions to help these businesses present their trips, manage their books and accept payments, all in one place. Founded by Logan Meaux and Joel Moreau while students at LSU, the two began building the company and joined forces with fellow co-founders Tam Nguyen and Wyatt Mallett.
This is not the first time a business plan competition has been honored for Mallard Bay. While students at LSU, Meaux and his co-founders entered Mallard Bay in the J Terrell Brown Venture Challenge at LSU, where they placed in the top three.
Mallard Bay was officially launched in November 2021. You can get more information at MallardBay.com.
About Mallard Bay:
Mallard Bay is a guided hunting reservation experience for sportsmen and outfitters. The online marketplace generates bookings for guides, charter captains and outfitter owners, while providing an Airbnb-style experience where sports enthusiasts are offered real-time availability, secure payments, quality assurance and a accommodation and breakfast with their guided hunts.
The masterminds behind Mallard Bay – Logan Meaux, Joel Moreau, Tam Nguyen and Wyatt Mallett – came up with the idea while attending Louisiana State University and Ole Miss. The team now employs several staff members, most of whom are still students at LSU.