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December 9th, 2016

December 9th, 2016


Chattanooga Bets on Speedy Internet, Startup Accelerators and… Adult Dorms?
Chattanooga, Tennessee, which has a population of just over 170,000 people, has some big selling points for the tech startup community. It has one of the fastest internet connection speeds in the country. It has a certain Southern charm. And now it has an easy way for entrepreneurs to “try out” the city before making a long-term commitment.

Mentoring Advanced Energy in Tennessee
Since 2011, ARC has been a committed partner in Launch Tennessee (LaunchTN), a public-partner partnership to make Tennessee a destination for entrepreneurship, innovation, and high-quality jobs. Under Governor Bill Haslam’s leadership, LaunchTN has been managing a statewide accelerator support program with the tools to build a strong and connected entrepreneurial ecosystem.

Music Therapy Software Hits High Note With Investors
Chattanooga Times Free Press
As a classical pianist, Martha Summa- Chadwick has long known the power of music to change people’s lives. Working with computer engineers at UTC in 2009, Summa-Chadwick combined her musical skill with her computer programming skills to develop a prototype software program that uses songs to help those with attention control problems to focus and develop language and other skills.

ProNova Gets FDA Approval
Knoxville News Sentinel
The U.S. Food & Drug Administration has cleared the SC360 proton therapy system, made in Maryville by ProNova Solutions, the company announced Thursday. The first is expected to be used in cancer treatment next year at the Provision CARES Proton Therapy Center in Knoxville, according to the news release.

Tennessee Version of POPVOX Civic Engagement Tool Available
Marci Harris, Co-Founder and Chief Executive Officer of POPVOX, says her introduction to the start-up world came through a very unfortunate circumstance, specifically helping a city recover after a deadly tornado. Yet, that experience, coupled with service as a Congressional aide, propelled the Lexington, TN native to launch the civic engagement company five years ago. POPVOX will expand beyond its initial federal only focus beginning in January.

Trends in Venture Capital, Angel Investments, and Crowdfunding across the Fifty Largest U.S. Metropolitan Areas
Using new data from the 2014 Annual Survey of Entrepreneurs (ASE), this data briefing looks across the largest fifty metropolitan statistical areas (MSAs) to see how entrepreneurs have fared in their quests to secure money from venture capitalists, angel investors, and online crowds. Venture Capital Received when Starting a Business: While 10.3 percent of entrepreneurs report using personal credit cards when starting their business, nationally, only 0.6 percent initially received venture capital.

Though Daily Clips is no longer active, you can still get the latest in top news on Tennessee startups, resources, events and more by signing up for the LaunchTN Newsletter.
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