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September 19th, 2016

September 19th, 2016

TENNESSEE INNOVATION IN THE NEWS

Ikea Installs Tennessee’s Largest Rooftop Solar Display on Memphis Store
The Commercial Appeal
Ikea has completed installing atop its Memphis store 4,424 solar panels, enough to power 297 cars or 205 homes a year, store officials announced Wednesday. The massive array covers 250,676 square feet of the 271,000-square-foot store, which is about two months from opening near the southwest corner of Interstate 40 and North Germantown Parkway in Cordova. Once the panels are wired and commissioned, the installation will be the largest rooftop solar array in Tennessee, Ikea spokesman Joseph Roth said. The system should generate at 40 to 60 percent of the power needed for the store’s air-conditioning, lighting and substantial food service.


LBMC Investment Advisors Surpasses $1 Billion In Assets Under Management Mark
The Chattanoogan
LBMC Investment Advisors, a CNBC1 designated top 25 fee-only wealth management firm andmember of the LBMC Family of Companies, has crossed the $1 billion in Assets Under Management threshold. LBMC Investment Advisors opened its doors 18 years ago with the value proposition of providing coordinated tax and investment advice. Today, they serve more than 300 clients and continue to grow, working with clients in the areas of investment strategy development, asset allocation planning, integrations of investments with tax planning and portfolio analysis.

Project Healthcare 2017
Project Healthcare
Nashville has the perfect blend of industry immersion, entrepreneur support, investors and fun to help your startup transform the future of the healthcare industry. Project Healthcare gives you access to the curriculum, connections, coaches and capital to launch your business and tackle the industry’s biggest opportunities. The Project Healthcare 2017 Accelerator is open to early stage tech startups that cater to patients, payers, providers/practitioners and hospital systems. The program’s home, Nashville, TN, receives a $40 Billion economic impact from this ecosystem. Though the accelerator program, startups are provided startup curriculum alongside an immersion in the city’s healthcare ecosystem.

Ride-Sharing Startup Lands $100K Grant
Nashville Post
Local entrepreneur Mark Cleveland’s new venture aimed at alleviating road  congestion has received a funding boost from state authorities. Cleveland on Thursday announced that Hytch, which looks to connect commuters open to sharing their cars on the way to and from work, has been granted a $100,000 Congestion Mitigation and Air Quality grant from the Tennessee Department of Transportation. The company, which is centered around a mobile phone application, will use the money for marketing and building a user community in Davidson, Montgomery, Rutherford, Sumner, Williamson and Wilson counties.

So You Think You Wanna Be An Entrepreneur
EPIcenter
September 27, 2016– This 90 minute introductory course addresses questions, challenges and checklists in areas of entrepreneurial readiness, business concept strength and business formation fundamentals. A key first step in any prospective entrepreneur’s journey, this course will help you determine whether or not this is the time to move forward with your bold idea.

Three Roots Capital Underscores Evolution of Region’s Entrepreneurial Ecosystem
Teknovation
Today marks the kick-off of Knoxville’s first-ever week-long celebration of entrepreneurship – “Innov865 Week,” and there are a number of events – some public, others by invitation – that focus on topics critical to the continued growth and success of the local start-up community. One of the topics that is usually at the top of almost every list is the matter of access to capital. While we clearly don’t have anywhere near the level of capital needed – from seed to growth stage and everything in between, that’s a refrain you will hear from any region, even Silicon Valley.

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