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January 26th, 2017

January 26th, 2017


Commissioner Boyd’s Quarterly Update
Tennessee ECD

It’s hard to believe, but we’re officially halfway through 2016. We’ve had an outstanding year so far and are making great strides in everything from job creation to rural development.Now more than ever, it’s a great time to be a Tennessean. Over the last year, the state has ranked No. 1 in the Southeast and No. 2 in the nation for job growth. Our unemployment rate has declined from 5.8 percent in May 2015 to 4.1 percent in May 2016, representing the largest decline in the nation. Right now, more Tennesseans have a job than at any point in state history.

Entrepreneur Grows New Trucking Company
After launching and selling his food truck, local entrepreneur Guru Shah has been slowly building a new asset-based trucking company focusing on full truckload shipments. The Baylor and Vanderbilt graduate sold The Muenster Truck to an Atlanta-based catering company that became interested in the food truck after it got national media attention.

Knoxville Startup Day 2016 Applications Now Open for Sept. 22 Event
Knoxville News Sentinel
Attention budding entrepreneurs: Knoxville Startup Day 2016 is coming in September, and applications are now being accepted for any East Tennessee startup that wants to pitch its business for a chance to win a $5,000 cash prize — and the recognition that goes with it. “The Startup Day pitch competition is an opportunity for East Tennessee entrepreneurs to pitch their innovative ideas and compete for a cash prize that can help make their vision a reality,” said Stacey Patterson, vice president of the University of Tennessee Research Foundation and a founding member of the Innov865 Alliance.

NextGxDx CEO Hires His Replacement
Nashville Business Journal
In the six years that Rob Metcalf helped lead Digital Reasoning, the Franklin-based tech company evolved from a relatively quiet government contractor to one of Nashville’s most notable tech success stories, complete with several multimillion-dollar funding rounds behind it. Now Metcalf is taking over a health-tech startup that, while already well known in the area, certainly has room to grow.

Paul Singh Coming to Knoxville During “Innov865 Week”
In about two and one-half months, Paul Singh will roll into Knoxville, driving his pick-up truck and pulling a custom-built Airstream travel trailer. It’s part of what he calls the “North American Tech Tour” which features stops in both the U.S. and Canada, some for as little as a day, others for as long as a week. In the case of Knoxville, Singh is scheduled to be here for the inaugural “Innov865 Week” scheduled forSeptember 19-23.

Talent Management for Startups: Recruiting the Right People
Startup Southerner
One of the most common questions that surfaces for growing businesses is how to make sure you are recruiting the right people. As with any highly complex process fraught with variables often beyond one’s control, sometimes the best way to approach these people operations challenges is by taking a look at what not to do.%3

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