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December 18th, 2014

December 18th, 2014

TENNESSEE INNOVATION IN THE NEWS

CEO of Relode on Agency Recruiting Fees: “This Model is Broken”
Southern Alpha
Matthew Tant, CEO of Relode, has his own recruiting war stories. In his first job, he wanted to find a diamond in the rough, a perfect fit for a fortune 100 company. As a novice recruiter, he wasn’t allowed to take that job, but asked if he could try to find someone on his own time. “I filled that job,” Tant said.”The agency took a $120,000 bonus, I made $14,000 in commission.”Tant’s secret? He didn’t know anyone personally who could fill that fortune 100 job, but he knew he had a two degree connection through a fellow Vanderbilt classmate.

Mayor Andy Berke: 93 New Jobs Coming to Chattanooga
Chattanooga TImes Free Press
Three small businesses are adding 93 jobs in Chattanooga and utilizing the city’s small business incentives, Mayor Andy Berke said today. A California-based company with plans to relocate to Chattanooga will create 60 new jobs. The total amount awarded to the three small businesses will be $22,503, officials said. Bellhops, a local small business that serves over 121 cities in 42 states, will add 19 new jobs to its Chattanooga-based office.

Michael Burcham Leaves Big Shoes to Fill at Entrepreneur Center
The Tennessean
Now that Michael Burcham has officially announced he will be leaving his role as CEO of the Nashville Entrepreneur Center next year, the question becomes who will replace him? To say his successor has big shoes to fill at the Entrepreneur Center barely does justice to his achievements there. “We need a rock star, who also is a professor, who will work 80 hours a week for very little pay, who is extremely creative,” said Tod Fetherling, laughing at the standards Burcham has set.

Socially Minded Entrepreneurs Help Students Excel
High Ground News
Memphis has been noted for its above-average charity; we are a city willing to give. That generosity is bleeding over into local start-ups, where entrepreneurs increasingly want to make money and do good at the same time. Companies like The College Initiative, MentorMe and Agape North are making giving back to the local community an integral component of their business plans.

Southwest Announces Direct Flight to Oakland, Thanks to Promises from Nashville Businesses
Nashville Public Radio
Tennesseans will soon be able to fly direct to the Bay Area. Southwest announced this morning it will launch a nonstop daily route to Oakland, California, in June. Technology leaders in Nashville have long bemoaned the fact that there’s no direct flight near Silicon Valley. Part of the reason it’s finally happening, says Trudy Carson with the Metropolitan Nashville Airport Authority, is because businesses like healthcare tech company Emdeon have promised to frequent the Southwest route.

Startup eDivv is Riding Growth Wave of Online Bartering
High Ground News
Like millions of other Americans, Casey Casterline is really into subscription boxes. But after noticing how many of the products she received weren’t being used, she got the idea for a start-up business that would capitalize on those unwanted items. eDivv is an online marketplace for trading beauty products. The platform is similar to eBay or Amazon, Casterline said, but with a sole focus on bartering.

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