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April 13th, 2016

April 13th, 2016

TENNESSEE INNOVATION IN THE NEWS

Investment in Tennessee Startups Reaches $1 Billion
Business Wire
Launch Tennessee announced today that private investment in early-stage companies based in Tennessee has surpassed $1 billion, well ahead of the 2017 goal the organization set when it was formed in 2012. The early realization of LaunchTN’s lofty $1 billion goal is indicative of the rapidly accelerating growth Tennessee’s startup scene has experienced and the attention it has received from local, regional and national investors.

Knoxville’s Startup Day Expands to Weeklong Innov865 Event this Year
Knoxville News Sentinel
It was clear when more than 500 people attended Knoxville’s Startup Day 2015 in November that the organizers were really onto something. Inspired by the growing interest and momentum of the event, they have announced the rebranding of Startup Day this year as Innov865 Week, which will run fromSept. 19-23. The week will kick off with the Kauffman Foundation’s Mayor’s Summit on Entrepreneurship, then feature Paul Singh and the North American Tech Tour.

“Mad, Bad and Dangerous” Coming to Knoxville on Mother’s Day Weekend
Teknovation
How are you going to celebrate Mother’s Day weekend? The Knoxville Entrepreneur Center (KEC) has an idea and, as you might imagine, it has to do with entrepreneurship. “Mad, Bad and Dangerous” is the name of a day-long women-focused entrepreneurial summit scheduled for Saturday, May 7, the day before the annual recognition of mothers. It will be held at the Southern Railway Station in Downtown Knoxville, beginning with registration at 10:30 a.m. and ending about 4 p.m.

Publishing Startup Leafless Pivots, Plots Course to Profits + 1440 Demo Day
Venture Nashville Connections
Leafless, the startup that began life as self-publishing e-platform Screwpulp, remains staunchly pro-author, but has toned-down its moxie and pivoted its business model to pursue valuable relationships with gatekeeper publishers. Leafless/Screwpulp has raised about $420K in the past three years, including stakes acquired by individual investors and by the Start Co. Seed Hatchery in Memphis and the 1440 Accelerator.

Report Highlights Chattanooga’s Innovation District
Nooga.com
The National League of Cities, which aims to help city leaders build better communities, released a report that highlights Chattanooga’s Innovation District, a downtown area designed to incubate creativity and entrepreneurship. “Innovation Districts: The Chattanooga Story” details how local leaders planned and created the Innovation District and outlines how other cities can create their own similar areas, according to a news release.

Why this Music-Tech Startup is on the Hunt for Nashville Office Space
Nashville Business Journal
As Project Music approaches the end of its second year in action, one of the accelerator’s first graduates is ramping up in Nashville. Jammber, which bills itself as “PayPal for the entertainment industry,” plans to keep its headquarters in Chicago, where it was launched. But CEO Marcus Cobb is is based in Nashville, along with a small but growing team that’s come on board in the past few months.

Though Daily Clips is no longer active, you can still get the latest in top news on Tennessee startups, resources, events and more by signing up for the LaunchTN Newsletter.
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