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July 9th, 2015

July 9th, 2015

TENNESSEE INNOVATION IN THE NEWS

12 Top Accelerators for Female Founders (feat. LaunchTN)
Female Entrepreneurs
These 12 accelerators invest in women-led businesses, some designed and founded to do so, some as a part of their regular business practice. We’ve noted location, what level of involvement in female entrepreneurs they have, a sample of their support for women-led businesses from their portfolios, whether or not (and how much) they themselves fund startups in their programs, and whether they trade equity for funding.

Bootstrapping Emma Raises $5M in Outside Capital
The Tennessean
Emma, a Nashville email marketing company, has raised $5 million from local investors — marking its first time to take outside capital. Led by CEO and co-founder Clint Smith, Emma has long been pointed to as the local poster child of bootstrapping — funding growth through revenue rather than offering equity stakes to investors. It’s a strategy Smith has found success with, building the company into a 150-person operation with more than 45,000 client businesses in 12 years.

Evolvr Focused on Virtual Reality Use in Business Marketplace
Teknovation
This is the second article in a two-part series focused on Knoxville start-up Evolvr that is simultaneously participating in two business accelerator programs – “MediaWorks” in Knoxville and “GIGTANK” in Chattanooga. Tyler Hays and Patrick Teasdale, Co-Founders of local the start-up company Evolvr, are in a really unique place. They are exploring an undefined world that will soon be integrating virtual reality into the business marketplace.

Memphis Entrepreneurs Have Grit to Win
Memphis Chamber
Memphis is fundamentally an entrepreneurial city with all the resources it needs to become even more than it is. That’s Leslie Lynn Smith’s read on the Bluff City. She is a nationally recognized entrepreneurial and business development leader who recently left Detroit to become the first president of what is best known as the EPIcenter, or the Memphis Entrepreneurship Powered Innovation Center.

Memphis Medical Device Plan Wins Federal Designation
Memphis Daily News
A Memphis regional alliance aimed at increasing manufacturing in the Mid-South area is one of 12 manufacturing economic development plans across the country that will get support from 11 federal agencies and the $1 billion in economic development funds those agencies control. The Made in the Mid-South Manufacturing Alliance led by the Greater Memphis Chamber submitted its plan to specifically grow medical device manufacturing in the designation’s second round of competition.

WorkAmerica to Help Build TN Workforce (Village 36 Team)
The Tennessean
WorkAmerica, a Washington, D.C.-based recruiting company, is working with Tennessee Colleges of Applied Technology to build the state’s workforce and connect students to job opportunities. The partnership, formed by the Tennessee Chamber of Commerce & Industry and the Tennessee Manufacturers Association, is designed to help companies find workers in skilled trades and allied health by giving them online access to students in Tennessee training programs.

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