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July 30th, 2015

July 30th, 2015

California Firm Bringing 200 Jobs to Nashville
Nashville Business Journal
San Francisco Bay area-based DayNine Consulting plans to open a Nashville office in October. The human resources and consulting firm has leased 30,000 square feet, according to The Tennessean, and plans to bring 200 jobs here by the end of 2016. DayNine looked at 20 other cities, but ultimately chose office space at downtown’s Bank of America Plaza. Once fully staffed, the Nashville location will account for a third of the firm’s global workforce.

GIGTANK Showcases Innovation From Teams Across the Nation
Chattanooga Times Free Press
Hundreds turned out Tuesday to hear what was behind the startups of The Company Lab’s summer accelerator program, GigTank, and what it will take to move them forward. Demo Day, at Chattanooga’s Girls Preparatory School, was a showcase in innovation from teams across the nation, along with a couple from other countries. Branch Technology, which recently moved its operations from Alabama to Chattanooga, won the “Investor’s Choice Award.” Wisconsin startup Paradrop won the “People’s Choice Award.”

Manufacturers Lead Clean-Energy Job Growth in Tennessee
Knoxville News Sentinel
Gains in Tennessee’s robust manufacturing sector accounted for nearly half of new clean-energy jobs here over the past year, and the state ranks high for overall growth in the industry, according to a new report from national nonpartisan business group Environmental Entrepreneurs, or E2. About 2,600 jobs were created last year by employers operating in the energy-efficiency, renewable-energy, clean-transportation, and greenhouse-gas management and accounting sectors — an increase of 6.3 percent, according to the Clean Jobs Tennessee report. That’s nearly triple the state’s overall employment growth. Businesses told the report’s authors they expect to fill an additional 2,500 positions by 2016.

Rentique Preparing for its August Unveiling of Rental Dresses
“I’ve won the Triple Crown,” recent University of Tennessee (UT) graduate Brandi King says. The Roane County native is Co-Founder of Rentique, LLC, a start-up focused on renting quality clothing at reasonable prices for special occasions. The target group is women between 15 and 35 years old. The Triple Crown analogy is a reference to her skills as an entrepreneur selling her business plan. In the past few months, King has won $1,000 from the “Spring Vol Court Pitch Competition,” $10,000 courtesy of the “Boyd Venture Challenge,” and $5,000 in the “Undergraduate Business Plan Competition.” Those funds have helped her quickly advance the company with plans to launch it officially in August soon after the UT sorority members return to campus.

The TENN Alumni, Stony Creek Colors, a Presenting Company at the AG Innovation Showcase
AG Showcase
Each year, the Ag Innovation Showcase features the most promising Ag start-ups and research projects pursuing solutions in ag-biotech, renewable energy, sustainable materials, animal health, soil & water, and farming technology from across the globe. Our alumni companies, many of whom have achieved significant success, are visible ambassadors of our mission. They transform ideas into practical solutions that combine humanitarian concern with commercial viability. Their innovations range from creating cost-effective sources of biofuel, to improving the availability and accessibility of biomass and biofuel products and from the development of new crops on marginal land to novel products that extend the use of food waste as fertilizers.

Venture Capital Targeting Mid-South Agriculture
Memphis Business Journal
Emily Brackstone, a shareholder in the Memphis office of the Baker Donelson law firm, recently answered questions regarding the increase in agriculture startups, venture capitalism and trends she is noticing in the farm sector.

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