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May 1st, 2015

May 1st, 2015

TENNESSEE INNOVATION IN THE NEWS

Budding Entrepreneurs Audition for ‘Shark Tank’ in Knoxville
Knoxville News Sentinel
With ideas ranging from beer cheese dip and moonshine cookies to a patent-pending fitted sheet, nearly 180 entrepreneurs came ready on Thursday to pitch their products at Knoxville’s open casting call for ABC’s hit show “Shark Tank.”

Citizengine Eyes Capital Raise, Sees 2016 Election Cycle as Inflection Point
Venture Nashville Connections
Citizengine, the Nashville parent of civic-engagement startup iCitizen, will probably pursue another capital raise later this year, said Co-founder and Chairman Duncan Dashiff. “We’re now entering Version 2 of the launch and scale of the business,” Dashiff told VentureNashville, adding that Citizengine is “assembling a team that is second to none,” mainly to advance its iCitizen subsidiary. The company enjoys “plenty” of access to capital, but is determined to proceed with a letter-round capital raise only with “the right partner,” Dashiff emphasized.

CodeStock Sees Solid Seven-Year Growth
Knoxville News Sentinel
Michael Neel counts himself lucky to have grown up in a house where gaming consoles and computers were adopted before they were mainstream.

Southern/alpha
Jamie Bailey, CEO of Initial State, has been holding workshops after-hours at the EC focused on pairing the Raspberry Pi with “Internet of Things” (IoT) concepts. The workshop, scheduled for Wednesdays, is called PiOT. Attendees learn to use the Raspberry Pi with door sensors and other small devices with the help of Canakit, a toolset created for hardware/software beginners. The IoT industry revolves around the increased interconnectivity of sensor-embedded devices, data, and the Internet. It’s an industry that is expected to add $1.7 trillion to the global economy by 2019.

New Zealand is in Enoch Elwell’s Sights for “CO.STARTERS”
Teknovation
“Haere mai” is a Maori phrase meaning “welcome” that is commonly used in New Zealand. In about a month, if everything goes according to plan, it’s a phrase that Enoch Elwell hopes to be hearing frequently. We caught-up with the guru behind the “CO.STARTERS” program run out of Chattanooga’s CO.LAB earlier this week during the “Rural Development Conference” hosted by the U.S. Department of Agriculture in Murfreesboro. “We have 53 locations across the U.S.,” Elwell told us of the program that began its nationwide launch in late 2013 and early 2014.

What Nashville’s New Flight to Seattle Says About Tech Growth in the South
Nashville Business Journal
Need evidence of the growing influence of the Southern states over Washington state business? Look no further than Alaska Airlines. The Seattle-based airline announced three new routes this week that service the growing tech centers in the South. Tech companies and Boeing were the principal drivers behind Alaska Airlines’ decision to create the new routes. The new daily routes, beginning this fall, will be daily nonstop flights between Seattle and Charleston, South Carolina; Nashville, Tennessee; and Raleigh/Durham, North Carolina.

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