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October 14th, 2016

October 14th, 2016

TENNESSEE INNOVATION IN THE NEWS

BIGR Media to Raise Capital for Hyperlocal Media and Marketing Group 
Venture Nashville Connections
BIGR Media, a hyperlocal digital media startup based in Brentwood, may raise $2MM or more for consolidation of initial assets and on-going market development. In a series of interviews, Venture Nashville discussed the BIGR Media gameplan with two of its co-founders: Kelly Gilfillan, the Brentwood-based founder and CEO of Home Page Media Group (hereafter, HPMG); and, Steven Ludwig, founder and CEO of Verge Network, a digital media consultancy and publisher of The Williamson Source.


Commissioner’s Quarterly Update
TNECD
We had a busy and exciting third quarter. As a state, we added a few more accolades to the list, including “State of the Year,” and we continue to create jobs as companies locate and grow in Tennessee. I also had the opportunity to travel throughout the state presenting communities with “big checks” for various grants, and I can truly say that no one is disappointed to see you when you’re carrying one of those. As always, we want to thank the Governor and the members of our legislature who make all of this possible.

Home Hospitalization Company Raises $7M
Nashville Post
Home hospitalization company Contessa Health has $7 million from a group that includes three new investment firms, including the Nashville Capital Network. The funding comes less than a year after downtown-based Contessa landed $3.5 million to scale its services, which are built around bundled payments and are seen as a way to cut costs out of the hospital system.

Kauffman Executive Offers Good Insights on Changing Culture
Teknovation
We came across this article quoting a top official of the Kauffman Foundation. Among the many insights was this one: “Culture change is … changing the deep beliefs of a community. You can’t change beliefs without changing attitudes, and you can’t change attitudes without changing people’s behaviors. And the way to change behaviors is to engage them in day-to-day things.”

Memphis Medical District Launches Business Plan Contest
The Commercial Appeal
Several hospitals, colleges and other organizations in the Memphis Medical District are launching a “Buy Local Business Plan” competition to support business growth and to harness the city’s talent. Supported by the Memphis Medical District Collaborative, the competition is seeking local solutions to supply-chain challenges for organizations that together spend $1.2 billion for services and supplies. The experience is expected to help would-be and existing entrepreneurs, innovators and companies start or expand their businesses.

UT’s Social Media Command Center Deciphers the Hive Mind
Knoxville Mercury
Beth Hurst was about to spend her Sunday night diving into the hive mind. She and eight other graduate students readied laptops and digital screens and tuned into CSPAN as the second presidential debate approached. One wall of the well-lit laboratory/classroom was dominated by four screens combined to form one giant display of real-time digital feed. The Adam Brown Social Media Command Center at the University of Tennessee was coming to life.

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