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October 30th, 2014

October 30th, 2014

TENNESSEE INNOVATION IN THE NEWS

Global Manufacturing Recognizes Chattanooga’s Variable Inc
Nooga.com
Global Manufacturing recognized Chattanooga’s Variable Inc. as one of the top 10 manufacturing startups of 2014. Variable Inc. produces NODE Plus, which can measure everything from a person’s temperature to dampness in a basement. The handheld device works with a smartphone and can measure gas, light, motion, color and more. It has an array of uses in varying industries, and it’s also being used in schools.

LAUNCH Helps Young Entrepreneur Hone Company, Pursue Business as a Career
Nooga.com
In 2011, Derelle Roshell was a local high school student who took one entrepreneurship class; now, he’s studying business management at Chattanooga State Community College and working to build his business, Lingua Cocoa. After taking the class through LAUNCH—which is local organization that aims to empower community members through entrepreneurship, job training and mentorship—Roshell realized entrepreneurship might be right for him.

MicroPort Relishes “Startup” Role
Memphis Business Journal
While its former parent company made big news this week through a merger, MicroPort Orthopedics is still quietly getting on its feet as a separate company. And after almost a year in business, Ted Davis, the company’s CEO, likes where it’s heading. Davis moderated the final panel of the 12th annual Musculoskeletal New Ventures Conference and discussed the company’s strategy when it first launched and how it stacks up against larger companies, including Wright Medical.

Record Year for ORNL Tech Transfer
KnoxBlogs
Oak Ridge National Laboratory today said Fiscal Year 2014 was a record year for technology transfer, with the lab receiving $3 million in licensing receipts and royalties from the agreements. ORNL also said tech transfer is on a “strong upward trend,” relying on new methods to improve the federal laboratory’s connections with private industry. A study released earlier this year by the Brookings Institution recommended a number of ways for the Department of Energy’s laboratories to have a greater impact on regional economies.

Spirit of Innovation Award Finalists Announced
Chattanoogan.com
Three Chattanooga area companies have been named finalists for the 2014 Spirit of Innovation Award, to be presented by the Chattanooga Chamber at its 14th annual Spirit of Innovation Awards Luncheon. The award recognizes companies for innovative products, services and ways of doing business in the Chattanooga region. This year’s honorees are Bellhops, PriceWaiter, and Variable, Inc.

Startup Undercover Hostess Aims to Fill Party Planning Niche
Nooga.com
Leaders of a new female-owned startup are hoping to fill a niche in the party planning business. “We don’t have a direct competitor because no one is doing exactly what we’re doing,” co-founder of Undercover Hostess Erin Walker said. The startup creates and rents party supplies for occasions from children’s birthday parties to bridal showers. Walker is a former Unum corporate meeting broker with a degree in event management from the University of Florida.

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