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September 12th, 2016

September 12th, 2016

TENNESSEE INNOVATION IN THE NEWS

Agricenter Lands $100,000 Grant to Complete Trail
High Ground News
After sitting half-finished for many, many years, the Agricenter Trail at Agricenter International is finally going to get its middle connecting section, allowing visitors to enjoy more its lush landscape. The Agricenter recently received a $100,000 Shelby County Commission Community Enhancement Grant to complete its trailway. Agricenter Trail, a Greenprint Certified Project, is a partially paved path that starts on the west end of the property at the Pick Your Own Strawberry Patch and ends at the Agricenter Farmer’s Market on the east end.


Foundation Instruments, Stony Creek Colors Receive SBIR Grants
Venture Nashville Connections

Tennessee startups Foundation Instruments (FI) and Stony Creek Colors (SCC), which have both gained early traction in eco-oriented tech, goods and services, have received research grants from the U.S. government. Based in Collierville near Memphis and in Goodlettsville near Nashville, respectively, FI and SCC were recently awarded $100K in Small Business Innovation Research (SBIR) grants through USDA and Small Business Administration. This is the latest such funding for both companies. Such nondilutive funding frees recipients to use invested equity capital for other purposes. Both FI and SCC offerings have impact on farming, water supplies, agribusiness, rural economic development, health and the environment.

KnoxDevs Quarterly Meetup
Meetup.com
KnoxDevs is pleased to announce that we’ve teamed up with KEC and planned our next quarterly meeting during Innov865 Week. Our speaker will be Paul Singh. Paul is a nationally recognized entrepreneur and investor will be stopping by on his National Tech Tour and speaking to us briefly about what we can do to make Knoxville a successful tech city. We’re reserving plenty of time for socializing as well. This event will be at Relix Variety Theater on Tuesday, September 20th from 6:30-8:30, and we’re providing one free beer and appetizers to the first 150 people to sign up. Spots are limited so please reserve yours soon.

Startup Day 2016
Innov865 Week
September 22, 2016– Make plans to attend Startup Day in support of innovation and entrepreneurship at the University of Tennessee! UTRF is especially excited to have two of our UT inventors, Graham Taylor, Ph.D., and Eva Mutunga, pitching at this year’s Startup Day! Six East Tennessee startups will get to pitch their innovative businesses in front of an investor panel of judges. A $5,000 cash prize is up for grabs and only one lucky startup will be chosen!

Vanderbilt’s Owen School Lands $1.5M Donation
Nashville Post
VU alumni and married couple Carolyn Long (a retired banking industry official) and Jack Long (the CEO and co-founder of School Admin LLC) have committed the donation to the school, according to a release. The Longs both earned their Master of Business Administration degrees at Vanderbilt in 1983. The funds will be used to extend the programs and coursework developed through the Owen School’s Center for Entrepreneurship, the release notes. Under the leadership of professor emeritus Germain Böer, programming has grown to include accelerator prizes like FireStarter and the annual Jim and Leah Sohr Grant, as well as hosting various guest speakers and panels.

Winners Picked at 48Hour Launch
Chattanooga Times Free Press
A foreign language training program using virtual reality equipment to immerse students in a foreign culture won the top prize tonight among budding entrepreneurs who pitched their business  plans after a weekend of working to turn their concepts into viable businesses. Forrest Pruitt and Nicole Prebula, co-founders of Viator VR, won the top prize of $1,200, plus thousands of dollars worth of business assistance and donated office space, after being picked by judges as the best business idea to emerge from this year’s 48Hour Launch. The weekend event, which Co.Lab started in 2009, brings entrepreneurs together with volunteer programmers, marketers, lawyers and others to develop business plans in a single weekend.

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