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October 5th, 2015

October 5th, 2015

TENNESSEE INNOVATION IN THE NEWS

Belmont Grad to Appear on ABC’s “Shark Tank”
Nashville Business Journal
This Friday’s episode of ABC’s “Shark Tank” will feature an entrepreneur with a Nashville connection. Bryan DeLuca, a graduate of Belmont University, is one of the founders of Foot Cardigan, a monthly subscription sock service. Check out this Dallas Morning News story for more about the company (which is based in Dallas) before its Oct. 9 appearance. DeLuca isn’t the first tie between the hot ABC reality show and Music City. A few local entrepreneurs have made appearances, and Tom+Chee, a franchise featured on the show, recently opened its Nashville location. Two of the shows stars, Mark Cuban and Daymond John, have also stopped by Nashville in recent years.

Comcast Catalyst Fund Backs 36|86 Winner
Multichannel News
The Comcast Ventures Catalyst Fund, a unit created  in 2011 to invest in tech companies founded by underrepresented ethnic minority entrepreneurs, announced this week that it is investing in the seed round of Partpic, a company that has developed a visual search technology for finding and identifying replacement parts. According to Atlanta-based Partpic, its customers send digital images of the parts they need to replace and the company’s proprietary platform identifies and locates the matching part down to the manufacturer, model number and other detail required to order replacements.

Everyone Is Talking About Chattanooga
SouthernAlpha
In less than ten days, Startup Week Chattanooga will be taking place in the southeast corner of the state of Tennessee. While press coverage (including ours) is certain to be coming for this very packed week of events, there have already been quite a bit of talk about the Scenic City in general by publications across the United States this summer. Linked are some highlights of the coverage about Chattanooga within the last few months, and read for yourself why everyone is talking about the Gig City.

New Vanderbilt Innovation Center to Support Makers
The Tennessean
Nashville is a hotbed for innovation and Vanderbilt University wants to play its role in cultivating the next generation of creators. In an effort led by Vanderbilt’s School of Engineering, the university plans to open a 10,000-square-foot Innovation Center in the summer as part of the under-construction engineering and science building. The center will include a makerspace, entrepreneurship programming and educational resources to give students the tools they need to take their inventions to commercialization.

Pyrotek Beginning Operations in Gibson County
Tennessee ECD
Tennessee Department of Economic and Community Development Commissioner Randy Boyd along with Pyrotek officials today announced the company will invest $5 million to begin operations at the company’s Trenton facility. The metals manufacturer is ramping up production to support existing and growing sales volume and will create 49 new jobs in Gibson County. “I want to thank Pyrotek for choosing to reinvest in Trenton and West Tennessee,” Boyd said. “Over 300,000 people are employed in manufacturing in our state. We are working to become the most aligned state in the nation when it comes to developing and maintaining an educated and well-trained workforce, which is why some of the most sophisticated manufacturing facilities in the world call Tennessee home. I appreciate the new jobs Pyrotek is creating for our communities and look forward to their continued success.”


Charlie Brock for The Chattanooga Times Free Press
The uptick of event activity happening across Chattanooga is an amazing indication of the progressive direction the city is heading. One example in the coming weeks is the second annual Chattanooga Startup Week Oct. 12-16. Startup Week Chattanooga is a celebration of the city’s entrepreneurial community. This multi-day experience will feature more than 75 events that highlight the city’s growing startup and entrepreneurial scene. Events are organized around three tracks: Tech, Social and Creative. All three tracks will offer a variety of programming and cover a broad spectrum of topics related to starting and building a business. AngelSummit US is a two-day event taking place Oct. 13-14 that will gather more than 250 participants to learn more about the current state of startup investing. This interactive conference will host investors, entrepreneurs, corporate innovators and other community leaders, providing a forum to forge partnerships and discover best practices to grow businesses and startup communities as well as invest capital in early-stage companies.

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