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June 24th, 2015

June 24th, 2015

TENNESSEE INNOVATION IN THE NEWS

Leveling the Playing Field: Biz Foundry Works to Make Sure Small Businesses Have Access to Training and Support
Launch Tennessee
In an area of Tennessee where economic development has often centered on large-scale enterprises, LaunchTN’s Biz Foundry accelerator is focusing on the little guy. And Jeff Brown wouldn’t have it any other way. As executive director and president, Brown brings both entrepreneurial savvy and a lifetime of Cumberland County residency to Biz Foundry. He’ll quickly talk about how he believes that local city and county governments do a good job of recruitment, but how something else was needed for the single operator with a good idea and maybe not much else. In fact, he may have made his point a little too well.

Entrepreneur Cooks Up Pastry Business
Nooga.com
Entrepreneur Charity Everett has loved baking and cooking as long as she can remember. “My first memories are of cooking with my mom and grandma,” she said. “I was begging to cook a full meal by the time I was 4.” The 2008 Covenant College graduate is turning her passion into a growing business called Revel Pastry Co. After graduating with a degree in interdisciplinary studies and working in Pennsylvania for a while, she came back to Chattanooga in 2012. She wanted to be in a place where she knew people and where she thought the community would support her.

The Key to UBS’ Rapid Nashville Growth: The Millennial
Nashville Business Journal
You hear a lot about how young professionals are flocking to Nashville for work. Rapidly growing UBS is taking full advantage of that trend. “A lot of the jobs we’ve hired, about 30 percent, are new graduates or [employees’] second jobs,” Wanda Lyle, the managing director and general manager of UBS’s massive downtown operation, told me. “If you look at the student population close by and the talent of those students, it’s allowed us to ramp up very quickly.”

Medalogix Partners with Home Health EHR Company
Nashville Post
Health care analytics company Medalogix has partnered with Homecare Homebase, a home health electronic medical record company. Through the deal, terms of which were not disclosed, providers will have access to Medalogix analytics to identify at-risk patients. The Nashville company will also incorporate clinical workflow steps and other population health management solutions.

President of Jumpstart Foundry Launches Kickstarter for Unlikely Company
Southern/alpha
Marcus Whitney, president of Jumpstart Foundry and cofounder of Clariture Health has just launched a Kickstarter for his new company, deemed the “Unlikely Company.” The launch is focused primarily on funding its first book, Create & Orchestrate, targeting 1,000 “unlikely” entrepreneurs. The Kickstarter has already raised half of its goal of $20,000. The Unlikely Company as a whole was created to empower entrepreneurs to start new companies. Whitney’s book is the first of what could be a series of educational materials set to give young entrepreneurs a crash course in entrepreneurship.

UT Signs as Research Partner with Eastman Chemical
Knoxville News Sentinel
The University of Tennessee took another step Monday to broaden its role in advanced technology as it signed an agreement with Eastman Chemical Co. to collaborate on research, particularly in neutron science and additive manufacturing. The deal, made at Eastman’s world headquarters in Kingsport, comes a week after UT signed an agreement with the U.S. Department of Energy and the Institute for Advanced Composites Manufacturing Innovation (IACMI) to launch a $295 million project to develop East Tennessee into an advanced-manufacturing hub.

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