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July 10th, 2015

July 10th, 2015

TENNESSEE INNOVATION IN THE NEWS

Joy O’Shell Brings Considerable Media Expertise to KEC
Teknovation
Joy O’Shell’s return home to East Tennessee is a win for her and the Knoxville Entrepreneur Center (KEC). The Kingston native left the region for Chicago nearly 18 years ago, soon after graduation from the University of Tennessee. Today, she’s living again in Roane County, but bringing her considerable experience in the music industry to play as KEC’s Director of Outreach and Marketing which, coincidentally, is in the midst of its second annual “MediaWorks” business accelerator.

Partpic Eyes Series A in 2016, Focuses on Growth After Wins
Venture Nashville Connections
Partpic, the platform for online visual search of replacement parts, is all about supplier ties, revenue growth and key hires, now that the startup has won three major pitches in a row and raised just over $1.5MM, Founder-CEO Jewel Burks told VNC today. The Atlanta based company, which won the recent LaunchTN 36:86 pitch contest, netting $36K in prize money, is likely to pursue Series A capital within 9 to 12 months.

The Skillery Offers Workshops for Aspiring Entrepreneurs
The Tennessean
The Skillery, a Germantown co-working and learning space, is offering a one-day workshop on July 18 to help aspiring entrepreneurs learn practical and approachable business advice. The Introduction to Entrepreneurship session is scheduled from 8 a.m. to 5 p.m. July 18. Matt Dudley, the founder of The Skillery, will guide a small group through entrepreneurial basics — establishing a strong foundation, finding customers, branding, marketing, legal and accounting.

Software is Eating Knoxville. (Hackathon, Codestock, and more..)
Knoxville Entrepreneur Center
Recently, I was in the Bay Area for a series of meetings with startups and investors. During one conversation with an investor while discussing Knoxville and its future, he made a very compelling statement. He said, “ How is the computer science scene in your area? It is the cornerstone of the entire startup community in San Francisco”. I thought about what he said for a few minutes, and I was glad I had a good answer. To say the coding community in Knoxville is one of our best assets would qualify as the understatement of the year.

Nashville Business Journal
If you’re a startup in Tennessee seeking capital, it’s been a good year. According to research by Launch Tennessee, startup investment in the state has jumped nearly 50 percent in the six months of 2015 compared to the same period last year. For the first six months, investors have injected $172.1 million into Tennessee startups. That’s up from $115 million during the same time frame in 2014, according to Launch Tennessee’s research, which culled Securities and Exchange Commission Form D filings.

Zipflip Takes Turbulence Out of Used Car Sales
Chattanooga Times Free Press
Calls from strangers, meeting in random parking lots and public cash exchanges make you feel like you’re lurking in a “Breaking Bad” episode instead of selling your car. Buying the used car feels equally creepy. The private sale automotive market is really large almost a third of the overall used car market but still very disorganized,” says Zipflip co-founder Tim Kelly. “Craigslist can be a nightmare, and sites like Autotrader are expensive, complicated and put dealers’ inventory first.”

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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