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October 28th, 2014

October 28th, 2014

TENNESSEE INNOVATION IN THE NEWS
Nashville Mayor Karl Dean on Jack White, TV’s ‘Nashville’ Effect and Running the ‘It’ City
Billboard
Karl Dean can spit out music business stats like nobody’s business. He’ll tell you, for example, that the city he has governed since 2007 shows the highest concentration of music jobs in the country (7.8 per 1,000 working-age residents, compared with 2.8 for Los Angeles and 2.0 for New York), or that the show Nashville has been a boost to local tourism, to the tune of 23 percent more money spent per visitor who watches the ABC series.

Innova Memphis has First Close on its Fund III
Teknovation
Innova Memphis recently announced the first close of $20 million for its Innova Fund III. As the name implies, it is the seven-year old venture company’s third undertaking. The inaugural fund, launched in November 2007, was focused on economic development in Memphis, Ken Woody, Innova’s President, told us recently. Innova Fund II is one of the initial TNInvestcos

Medalogix a Semi-Finalist in Harvard Competiton
Nashville Business Journal
Medalogix, a Nashville-based predictive modeling health tech startup, is one of 18 semi-finalists in the Harvard Health Acceleration Challenge. The challenge, sponsored by Harvard Business School’s and Harvard Medical School’s Forum on Health Care Innovation, yielded nearly 500 applications from people offering “proven ideas that have the potential to do great things for the US health care delivery system.”

This Free App Will Prepare You for Midterm Elections (feat. iCitizen)
NYLON
As adults, we know that our liberty comes with a responsibility to uphold certain laws and regulations and to voice our opinions whenever possible, to ensure that legislation reflects our own morals and values. To make sure we’re fully updated on all of the major issues that have been hitting our country hard lately, we’re using iCitizen, a free app that provides a digest of all the latest news stories and contains a database of all federal and state officials.

Why Jumpstart Foundry is Doubling Down on Health Care
Nashville Business Journal
Nashville accelerator Jumpstart Foundry is narrowing the focus of its summer flagship program to the health care industry, a shift CEO Vic Gatto says should help launch Jumpstart into the highest echelon of accelerators nationwide. Given the Nashville area’s strength in the health care sector, plus the fact that Jumpstart already had the largest concentration of health care startups in that top-ranked group, he said focusing on the region’s strength seemed like the best way to cement Jumpstart’s place among the nation’s best programs.

Why Spendsetter is Bringing Moontoast Back
Southern Alpha
Jason Weaver, new CEO of Spendsetter, is focused. He’s focused on marketing analytics technology, new branding, and most importantly, expansion. The company formerly known as Moontoast very recently made a name change to Spendsetter, and is working on a brand change. Weaver, who has spent countless hours in Boston, also just made the decision to bring the analytics marketing platform back to its roots in Nashville, Tennessee.

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