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May 15th, 2015

May 15th, 2015

TENNESSEE INNOVATION IN THE NEWS

Edney Building Sold as Hub for Innovation District
Chattanooga Times Free Press
A group of local investors have bought the Edney Building, the hub for Chattanooga’s newly created Innovation District. Jimmy White and Chuck Chitty led the team and closed on the sale last week, according to Ken Hays, president of the Enterprise Center, the nonprofit organization overseeing the district. The property, which the Tennessee Valley Authority had owned for about 65 years, sold for $1.35 million, Hays said.

Investors Pumping Hundreds of Millions Into Tennessee Startups
The Nashville Ledger
The assignment sounded simple enough: Find out whether more money is coming into Nashville for startups. If so, where is it coming from and what does it means to entrepreneurs, investors and the rest of us? The answers: Yes, the money is rolling in.

Project Music Startups Take Advantage of Trip to NYC
Nashville Business Journal
Project Music companies have wasted no time hitting the pavement since graduating from the inaugural accelerator in late April. All eight companies headed to New York last week for meetings with investors, and music and tech industry reps based in NYC, including a day spent at the Google offices a day spent meeting with reps from Sony. “It was great from an investor standpoint with the showcase we did up there, but it was also great in just making more connections with the industry,” said Robbie Goldsmith, who help runs the Project Music accelerator at the Nashville Entrepreneur Center.

Splitsecnd Wins Nationwide Health Innovation Competition
Southern/alpha
Earlier on Thursday afternoon, we reported on Splitsecnd, a startup out of Nashville, TN that builds products to keep drivers safe. We just received word that the company has won the annual AARP Health Innovation @50+ LivePitch competition. The Splitsecnd device can detect crashes and provide drivers with emergency assistance. The company was accepted along with nine other startups to present at the 2015 Life @50+ AARP Conference in Health Innovation.

Tech2020 Executing New Vision
Knoxville News Sentinel
Tech2020 in Oak Ridge has long served as a regional venture development organization aimed at assisting with the creation of small businesses through technology transfer. Twenty years later, the nonprofit has a new leader in CEO Kevin Kragenbrink. I sat down with him to discuss his vision, as well as the challenges and opportunities ahead for Tech2020.

Tech Start-up Companies Pitch at BBQ Fest
WMC Action News 5
It’s a big week for BBQ lovers and cooks from across the world as they join together at Tom Lee Park to compete in the Memphis In May International Barbeque Contest.  But one team isn’t competing for BBQ, but instead business. It’s called Start Q and it’s organized by Start Co., a local tech start-up incubator in downtown Memphis. This week representatives from Softlayer, LaunchTN, Global Accelerator Network, PayPal, Braintree and Amazon Web Services are in town to meet with start-up teams and discuss pitches with entrepreneurs.

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