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May 21st, 2015

May 21st, 2015

TENNESSEE INNOVATION IN THE NEWS

CEO McWhorter Names Julia Polk Program Officer at Entrepreneur Center
Nashville Venture Connections
Stuart McWhorter, president and CEO of the Nashville Entrepreneur Center, announced today that Julia Polk will be the EC’s new chief program officer effectiveJune 15, 2015. In this new role, Polk will focus on growing the Center’s alumni, mentor and educational programs. In addition, she will continue to serve as an active mentor to entrepreneurs and management teams that participate in the Center’s accelerators. The Nashville Entrepreneur Center has over 200 alumni and over 500 mentors in its network and will be on track to run 4-6 accelerators per year.

Fast-Growing Tech Firm Gets Boost from San Francisco Backers
Nashville Business Journal
Michael Berman — a “recovering lawyer turned entrepreneur” — just landed a significant vote of confidence in his 6-year-old tech company. Ncontracts, a software-as-a-service firm that helps clients keep track of their vendor contracts, last week closed on a private equity investment from San Francisco-based MainSail Partners. The investment amount was not disclosed, though Berman confirmed the firm is now the majority stakeholder.

LifeSciTN Hosting First “Ask the Expert” Panel on June 8
Teknovation
The Life Science Tennessee “Statewide Mentor Network,” underwritten by Launch Tennessee, will hold the first of its planned series of “Ask the Experts” with a two-hour panel session on June 8. The event is set for 11 a.m. to 1 p.m. CDT at Waller Lansden Dortch & Davis, LLP, 511 Union Street, Suite 2700, in Nashville. Topic for the inaugural session is “Academic Partners, IP, and Regulatory Hurdles for Life Science Start-ups.”

Ncrease, Gemphones, and 6Figure Win Tech Cocktail’s Memphis Startup Competition
Tech Cocktail
Tech.Co was overly excited to welcome Tech Cocktail’s first year at the Memphis, TN’s BBQ Fest, a four-day event filled with, well, I’m sure you guessed it: BBQ. Set along the Mississippi River, last week’s event brought together 250 cooking teams, a great amount of BBQ, and some technology; this year, startup incubator Start Co. added tech into the mix, with Tech Cocktail holding our very own Memphis Tech Cocktail Mixer & Startup Showcase.

Pro Uber, Lyft Bill Signed by Tennessee Governor
Southern/alpha
Bill HB0992, a bill that enacts the “Transportation Network Company Services Act,” was signed by Governor Haslam today. In some instances, the bill is pro-ridesharing apps like Uber and Lyft, introducing regulations for drivers that operate as a business entity operating in this state that uses a digital network to connect riders to TNC services provided by TNC drivers.

Scorebird Mobile Sports-Data Startup Preps $1MM Plus Series A Raise
Venture Nashville Connections
Scorebird, LLC, the mobile sports-data startup based in Nashville, is preparing to pursue a Series A capital round of $1MM or more. Scorebird has attracted some interest from several investor classes, the CEO said. Also, the company is among startups presenting to investors and entrepreneurs assembling here June 8-10 for LaunchTN’s 36|86 Conference.

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