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March 3rd, 2016

March 3rd, 2016

TENNESSEE INNOVATION IN THE NEWS

Chattanooga Entrepreneur Creates Shirts Inspired by Old Shop Rags
Nooga.com
Local entrepreneur Chris Logsdon has been on a long road to make an American product—something durable with an inspiring story—that evokes nostalgia and respect for the blue-collar worker. The motorcycle aficionado, who recently moved to Chattanooga for a job at the local VaynerMedia office, reached in his back pocket one day and felt the shop rag he often carries. “I look at this rag as a symbol of hard work and blood, sweat and tears,” he said.

Hub of Chattanooga’s New Innovation District to Hold Open House Tonight
Chattanooga Times Free Press
What’s all the hubbub about the Edney Building, the hub of Chattanooga’s new downtown Innovation District Find out tonight at an open house at the 11-story (counting the roof-top “gathering space”) former Tennessee Valley Authority office at the corner of Market and 11th streets across from the landmark Patten Towers. The Edney is now a privately owned office building that caters to creative workers in Chattanooga’s “entrepreneurial ecosystem.”

Reuters Article Cites Pioneering Work of Knoxville-Based Provectus
Teknovation
The pioneering work of Knoxville-based Provectus Biopharmaceuticals Inc. employing Rose Bengal has garnered international media recognition in an article published by Reuters. Among other developments, the article cites “a study of 80 people with advanced melanoma (where) half of the patients who had all of their lesions injected appeared cancer free after an average of two months. A year later, 11 percent continued to show no signs of cancer, according to a report published the Annals of Surgical Oncology.”

Splitsecnd Turns to Kickstarter
Nashville Business Journal
Nashville-based tech startup Splitsecnd is hoping to taking the next step in its rollout with the help of a crowd. The company — an early graduate of Jumpstart Foundry and the producer of a device capable of automatic crash notification, realtime GPS tracking and 24/7 emergency response services — launched a $25,000 fundraising effort on Kickstarter earlier this month. While Splitsecnd has raised capital in the past (more than $5 million of it), CEO Mel Taylor said crowdfunding seemed the best route to support the company’s first manufacturing run, while also soliciting feedback on the company’s product.

Venture Notes
Venture Nashville Connections
Fintech is bubbling-up again in Tennessee: Knoxville-based newco Smart-RIA Ventures LLC on Feb. 18 reported it’s working to raise $500K, under CEO Mac Bartine, who is currently sole owner of the newco. Bartine, 46, said today he is fulltime, and he has about 10 contract staff, most in software development. Linda Eskind Rebrovick, former Metro/Nashville mayoral candidate and CEO of startup ConsensusPoint, is now senior client partner in Nashville with human-capital consulting and retained executive search firm Morgan Samuels. And LaunchTN is near to announcing final INCITE investments, which as of two weeks ago had benefited 42 early-stage companies via 86 transactions.

What’s New in the Knox Startup World This Week?
Knoxville Entrepreneur Center
First Friday Fanfare is back in action! First Fridays are for anyone and everyone, whether you’re an entrepreneur, potential investor, or wanting to learn more about the Knoxville startup world.
Media Meetups are a monthly gathering for Knoxville Media Professionals and KEC community digital media entrepreneurs. This is a  4-session series designed to create better connectivity in the local production community by networking and exploring new and interesting business models in the digital media space.
It’s prom time in Tennessee! Getting the perfect dress is half the fun of prom, but dresses can be expensive. Luckily, Rentique is here to help! This Saturday, March 5th, Rentique will be at KEC from 6 PM -8 PM for a Prom Preview.

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