The Transactional Clinic at the University of Mississippi School of Law recently helped Ole Miss Graduate Tyler Jackson get his business off the ground. Jackson, who graduated last May, created a virtual reality program to give students a three dimensional representation of the dorm rooms available at Ole Miss.
The idea started as part of his senior capstone project. Jackson needed to develop a program within his major, computer science that would give back to the University or Oxford community. After meeting with the Department of Housing and developing the preliminary design of the program, he realized he had a viable business model. Discussions with the University led to expanding the program. However, Jackson knew he needed to create a legal entity before entering into any official agreement.
“I went to the transactional clinic hoping to get some information about what legal documents needed to be put into place in order to officially operate as a company,” said Jackson. “Not only did they help me understand the process, but they were even able to help me draft and file all the documents needed to form a Limited Liability Company, get a Federal Tax Identification Number, and set up an Operating Agreement for my company.”
Jackson worked with third year attorneys, Rachel Smith and Gregory Sechrist, as well as Professor Marie Cope to form his business, VACE Technologies LLC.
“I appreciated the students hard work, frequent communication, and patience with me throughout the process and the several questions I had,” said Jackson. “It was great to work with Ms. Cope’s mentorship and guidance as a group of young professionals.”
Jackson, a native of New Albany, is a 2016 graduate of the University of Mississippi.