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July 15th, 2015

July 15th, 2015


701 Cherry St. Under Development, Part of Larger Innovation Plan
The building at the corner of Seventh and Cherry streets is in the midst of a major transformation, which is part of a larger development effort to invigorate the city’s innovation district. Commercial real estate business Fidelity Trust Co. is redeveloping the building at 701 Cherry St., which was the first corporate headquarters of the Krystal Co. The $2.7 million project encompasses 20,000 square feet, and there will be three tech companies—OpenTable, Southtree and Whiteboard—moving to the space at the end of the year.

Here’s Why Biotech Startup SweetBio’s Kayla & Isaac Rodriguez Bring Innovation, Honey, to Dental Surgery
Latin Post
“Like many people, I do not like going to the dentist,” said Kayla Rodriguez. “No offense to dentists,” she continued, “but I’ve had 17 teeth pulled and had braces twice, so I don’t want to spend any more time in that chair than I have to.” Kayla’s career is inspired by that sentiment, even though she works with dentists all the time. Kayla is the co-founder, with her brother Isaac, of the Memphis-based biotech startup SweetBio, which they founded this year. SweetBio has a new, innovative take on a tool commonly used in oral surgeries, called Guided Tissue Regeneration membranes (or GTR membranes).

Children’s Music Studio Signs Deal with Tablet Manufacturer
Knoxville News Sentinel
Children’s Media Studio has secured a contract with an online educational content provider that will preload its Sing and Spell — Learning Letters application on a children’s tablet available this fall. The South Knoxville company that created the Sing and Spell interactive learning program finalized the deal with CNK Digital earlier this month. The tablet, called ClickNKids, will be available in Walmart and ToysRUs stores as early as September.

Ingram Content Group, Entrepreneur Center Launch New Accelerator
Nashville Business Journal
As promised by new Entrepreneur Center CEO Stuart McWhorter, another corporate accelerator designed to foster innovation in one of Nashville’s leading industries is launching in Nashville. Ingram Content Group is sponsoring 1440, a 14-week program named for the year Johannes Gutenberg invented the printing press. “At Ingram Content Group, we pride ourselves on constantly looking for innovative technologies and ideas to help our customers improve their business,” John Ingram, chairman and CEO of Ingram Content Group and EC chairman, said in a news release.

ORNL Gets Grant Money for Small Businesses
Knoxville News Sentinel
Oak Ridge National Laboratory has received more than $5 million in federal funds to help clean-energy entrepreneurs get their products to market. The lab received $5.6 million — the largest of five awards totaling $20 million — as part of the U.S. Department of Energy’s Small Business Vouchers Pilot program. ORNL will help small businesses that are developing clean-energy technologies in advanced manufacturing, buildings, vehicles, wind, water, bioenergy, fuel cells, geothermal and solar.

Trio Led by Local Physician Launches Mobile Prescription App
Nashville Post
Three local health care veterans have launched a prescription app that connects prescribers, pharmacies and patients through a mobile communication platform. The company, getRx, was founded by Dr. John Daniel Rudd, an internal medicine physician with Cedar Grove Medical Associates. Kirk Finchem, a health care executive with Renal Advantage Inc., and Edward Hadley, an attorney with North, Pursell & Ramos, are also partners in getRx.

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