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November 25th, 2014

November 25th, 2014

TENNESSEE INNOVATION IN THE NEWS

Annual LAUNCH High School Entrepreneurship Competition Coming Up
Nooga.com
Chattanooga nonprofit organization LAUNCH is hosting the annual High School Entrepreneurship Competition Dec. 7. Founded in 2010, LAUNCH aims to empower community members through entrepreneurship, job training and mentorship. Students from Tyner Academy, Howard School, Brainerd High School and the Chattanooga Girls Leadership Academy will be competing for the $10,000 grand prize this year.

Belmont Student CEOs Shine in Nashville
The Tennessean
Like plenty of Belmont University undergraduates, Channing Moreland identifies herself as a student, a music lover, a songwriter and a hostess. Last year, she added CEO to that description. Moreland and two other Belmont University students were recognized last week at the NEXT Awards as finalists for the Young Entrepreneur of the Year Award. For each company founder, delaying their startup plans until after graduation was not a consideration.

Best Cities to Start a Business
Nerdwallet
Nashville is a hub for the healthcare, automotive and finance industries and small business owners appreciate what the city has to offer, as evidenced by its “A” grade on the Survey of Small Business Friendliness. The Tennessee Small Business Development Center network, which provides counseling, training and other resources to new or hopeful entrepreneurs, operates a center in Nashville. Another local resource is the Nashville Business Incubation Center, which offers guidance in strategic business growth to small businesses.

Creative Collisions’ and Memphis Startups
The Daily News
“We just closed a lead investor for our $1.5 million angel round,” said the entrepreneur, sipping a latte. “And we’d love to have you on board to help us round out the fundraise.” In most cities, coffee shop conversations revolve around everything from sports to movies to current events. However, at The Creamery in San Francisco’s SOMA neighborhood, it’s not uncommon to overhear terms negotiations, angel pitches and potential future co-founders talking about big ideas.

Google Fiber Files Franchise Application with State
The Tennessean
Google Fiber has applied for a franchise authority certificate in Tennessee, signaling the company is moving forward with plans for gigabit speed Internet in Nashville. The company announced in February it would begin scoping out Nashville and 33 other cities nationwide for fiber expansion, saying a decision would be made by year-end. Since then, Metro completed a checklist responding to the company’s queries on infrastructure and processing procedures and has been working with Google representatives.

The Jump Fund Announces Investments
Nooga.com
Women’s angel fund The JumpFund recently invested in five female-led ventures. Managing partner Kristina Montague; general partners Cory Allison, Betsy Blunt Brown, Shelley Prevost, Leonora Williamson, Stefanie Crowe, Tiffanie Robinson; and their 43 limited partners have created the angel fund to invest in 10 to 12 early-stage companies. The team has now invested in five projects, two of which are in Chattanooga.

 

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