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January 21st, 2015

January 21st, 2015

TENNESSEE INNOVATION IN THE NEWS

Challenge of Later Stage Funding for TNInvestco Startups
Teknovation
For the third year in a row, we asked angel and venture investors who live in East Tennessee to share their thoughts on 2014 and their predictions for 2015. We were fortunate to have seven individuals provide their insights. Today is the fourth article in the six-part series. any people say that one of Tennessee’s biggest challenges is later stage funding for start-ups that benefitted from TNInvestco monies. Is that a reality? If so, how can we address the need?

February 13 Event: Nashville Plus Tennessee Financial Tech Accelerator Options
Venture Nashville Connections
Technology for the Financial sector is hot. Should Nashville host a new FinTech Accelerator or create a FinTech program partnered with an existing FinTech accelerator elsewhere? VNC’s recent coverage highlighted this question. Now, you can help explore the issues. Participate in a discussion of these issues at the Nashville Entrepreneur Center, Friday, Feb. 13, 2015, beginning at 11:30 a.m.

The Skillery Launches Cohort Dedicated to the Future of Food
Southern/alpha
The Skillery is focusing the fourth installment of CO.STARTERS on the next wave of local food entrepreneurs. CO.STARTERS for Food Entrepreneurs, a partnership between The Skillery and Batch Nashville, will begin April 9 with a curriculum that’s specifically geared toward starting and scaling culinary ventures. “Like more than a few Nashvillians, we’re really inspired by this city’s food scene, and what local chefs, restaurateurs and other small businesspeople are doing to make it even better,” says Skillery CEO and CO.STARTERS facilitator Matt Dudley.

InvisionHeart Names New Board Member
Nashville Post
Cardiac technology company and JumpStart alum InvisionHeart has appointed Scott MacKenzie to the company’s board of directors. MacKenzie was named CEO of clinical documentation company M*Modal last fall. Previously, he was the CEO of Passport Health Communications and also held executive positions with McKesson and Cerner.

Nooga Made Launches to Highlight Locally Created Products
Nooga.com
After getting a grant from Causeway, Chattanooga resident Richie Johnson has launched a new nonprofit—Nooga Made—that certifies that a product is created locally. Johnson entered the Causeway Challenge, which awarded 20 applicants a grant of $2,500 each and asked participants to pitch ways to make the city more connected. Johnson created a Nooga Made logo with the words “proudly made in Chattanooga, TN.”

Welch Allyn Acquires Knoxville-based Hubble Telemedical (INCITE & TNInvestco Exit)
Knoxville News Sentinel
Welch Allyn, a leading medical diagnostic device company, has acquired Knoxville-based Hubble Telemedical, which provides remote retinal eye exams for disease screening and diagnosis. The New York company said it planned to use Hubble’s proprietary network to help combat diabetic retinopathy in physicians’ offices. Diabetic retinopathy is the leading cause of blindness among working-age adults.

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