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May 10th, 2016

May 10th, 2016

TENNESSEE INNOVATION IN THE NEWS

Teknovation
Knoxville-based Agilibility, a virtual reality-focused company profiled in a March 2016 teknovation.bizarticle, has been invited to participate in the one-day “Oculus Launch Pad 2016” accelerator set forMay 21 in Menlo Park, CA. “It’s a big deal for us,” Owner Cyndi Buchanan told us on Friday. “It’s a great networking opportunity with the chance to earn a scholarship of $5,000 to $50,000.”

How these Health-Tech Startups are Tackling One of Healthcare’s Biggest Problems
Nashville Business Journal
Health care has a problem: Its technology doesn’t talk. That means data that could improve patient care and efficiency isn’t always shared with the physicians who need it. The lack of what’s known as interoperability has been one of the industry’s biggest for the past several years, and Tuesday morning a group of industry players gathered at seed fund Jumpstart Foundry’s Health:Further Quarterly event focused on the topic to talk about solving it.

Memphis Tech Firm Sold to Boston Company
Memphis Business Journal
Memphis technology firm CrossBrowserTesting was in an enviable position when it was recently bought by Boston-based SmartBear. Many tech companies work toward an acquisition as a goal. But CrossBrowserTesting’s three founders never saw it that way. “We we focused on building a business,” said founder Ken Hamric.

Overdog Sold to New York Startup
The Tennessean
Overdog, a Nashville company that connects gamers, sold to New York-based Odd Networks. Overdog, led by CEO Steve Berneman and former NFL player Hunter Hillenmeyer, was founded in 2012. The company began as a platform to connect fans with athletes, but shifted to connecting those with similar interests. Overdog has gained traction in the massive gaming industry with 200,000 users on the XBoxOne.

SEMDA Nashville Event Affirms Connections of Devices, IT/Data, Services
Venture Nashville Connections
For the first time in a decade, Music City’s HealthIT and Healthcare Services sectors, as well as its budding Medical Devices industry, have helped lure a key industry association out of Atlanta for its annual meeting. The Southeastern Medical Device Association (SEMDA) convenes here May 18-19 in Music City Center. The event — expected to draw north of 450 — features pitches by medtech startups or early-stage companies, as well as participation by 15 or more “true investors,” said Jim Stefansic, the Nashville entrepreneur who’s been working with SEMDA Executive Director Jason Rupp and the group’s board to convene the 2016 SEMDA conference in Nashville.

Startup Tax Incentives by State
Startup Southerner
We’re sort of torn on the concept of startups choosing a location based on its startup tax incentives. After all, there are myriad other factors that go into a decision like starting a business. One thing we are certain of? All sorts of startup tax incentives exist all over the South and you’d be smart to make sure you’re taking full advantage of what your state offers. In the following list, we provide some highlights of startup tax incentives in each state and links to the state government pages that outline their tax incentive programs in whole.

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