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December 5th, 2014

December 5th, 2014

TENNESSEE INNOVATION IN THE NEWS

Google Glass Helps Doctors See Patients Eye-to-Eye
Southern Alpha
Startup healthcare technology company Octovis wants to get doctors’ eyes off of their screens and onto their patients. By utilizing wearable technology like Google Glass and smartwatches like the Moto 360, Octovis hopes that its offerings will enable medical professionals to focus more on their patients instead of their patients’ data.

InCrowd Capital Making Good Progress
Teknovation
One year after its launch, InCrowd Capital has completed five deals totaling more than $550,000, according to Phil Shmerling, the organization’s Chief Executive Officer. We last profiled the Nashville resident in October 2013, shortly after his inaugural event that attracted more than 125 people. When we caught-up with Shmerling recently in Nashville, he was clearly pleased with the progress thus far, both in companies funded and in members of InCrowd Capital.


Mid-TN Plan Boosts Universities, Entrepreneurs, Accelerators, & Businesses
Venture Tennessee Connections
Three of Middle Tennessee’s state universities are jointly exploring creation of a Distributed Research Park (MT-DRP) to drive technology commercialization and generate attractive jobs in the region. Tennessee Technological University (TTU) at Cookeville, Middle Tennessee State University (MTSU) at Murfreesboro and Tennessee State University (TSU) in Nashville are the core partners in the effort, said Tom Brewer, the TTU associate vice president for research and economic development who is point-man for the MT-DRP effort.

Monogram Food Solutions Eating Up Brands Amid Huge Expansion
Memphis Business Journal
Since it was founded in 2004, Monogram Food Solutions has seen its sales grow from $12.4 million to an estimated $327 million in 2014. The company’s earnings before interest, taxes, depreciation and amortization are expected to hit $20.1 million this year, and Karl Schledwitz, Monogram’s chairman and CEO, has a goal of Monogram hitting $60 million in EBITDA in the next few years.

Tennessee Code Academy to Offer Treehouse Courses
Upper Cumberland Business Journal
Tennessee Code Academy has partnered with online education provider Treehouse to offer continued learning opportunities for students. Every student who attends a TN Code Academy camp or workshop will have discounted access to the service. “We need to recognize ways we can transform the education system and curriculum to ensure students have the degrees and skill-sets that companies will most need in the near future,” Ryan Carson, Treehouse CEO and co-founder, said.

University of Memphis Students Get Degrees and Learn Entrepreneurship
Memphis Business Journal
After years of educating entrepreneurs in everything but how to launch a business, the University of Memphis and the FedEx Institute of Technology have taken the next step, with the launch of the FIT Entrepreneurship Fellows program. Six rising juniors were selected and will work for two calendar years on launching startups. Mike Hoffmeyer, director of the Crews Center for Entrepreneurship, will collaborate with the students.


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