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July 7th, 2015

July 7th, 2015


Correct Chemo Joins NextGxDx Online Genetic Testing Marketplace
Laboratory Network
DiaTech Oncology, provider of CorrectChemo®, the drug response profiling test to help oncologists provide personalized cancer treatment, will be available through NextGxDx’s online genetic testing marketplace, GeneSourceTM. “The CorrectChemo® assay provides the oncologist with valuable insight on how a specific patient’s cancer cells react to the drugs being considered for chemotherapy treatment,” said Robert E. Henry, president and chief executive officer for DiaTech. “The NextGxDx platform enhances our market reach, and we’re pleased to be a part of their platform.”

DivorceSecure Raising Capital to Reduce Pains of Parting
Venture Tennessee Connections
DivorceSecure, a startup in Memphis’ SeedHatchery accelerator, is working to raise $275K Seed capital, in hope of supplanting family-law paper-shuffling with smarter, more efficient digital processes. Majority owner and Founder-President Hirsch Serman told Venture Tennessee that the company received a total $25K investment from two high net-worth individuals aligned with the SeedHatchery program, after entering the accelerator.

GIGTANK Evolves, Continues to Ignite Innovation
GIGTANK has evolved with each of its four iterations, and there are some new aspects to the startup accelerator this summer. The accelerator boosts seed-stage startups by connecting them with the resources, capital and people needed to launch their businesses and products. But this year, leaders have a broader focus on strengthening and connecting the entire region’s economy and startup ecosystem. There are 14 teams working in Chattanooga for Gig Tank, but leaders and participants are also teaming up with accelerators in surrounding cities, such as Huntsville, Atlanta, Knoxville and others.

Learning to Earn: UTC College of Business an Early Player in Teaching Hundreds of Scenic City Entrepreneurs
Chattanooga Times Free Press
Joshua Kapellusch knew he wanted to be an entrepreneur as a teenager working in his grandfather’s convenience store. It would take about a decade for him to make that dream real — but not without focused planning to get there. The practical part of his path, the part that gave him the tools he’d need to run his own business, came from the major he picked at University of Tennessee at Chattanooga: entrepreneurship, says Kapellusch, 29. A bachelor’s degree in entrepreneurship has critics, the ones who argue entrepreneurs are born, not bred.

Tiffanie Robinson Wants to Turn Chattanooga into the Next Silicon Valley
Silicon Valley in California is the center of the tech startup world in the United States, and it appears to have the monopoly on cutting edge innovation. Home to revolutionary companies like Google and Facebook, entrepreneurs flock to the region in hopes of creating their own tech giant to add to the history books. But if Tiffanie Robinson has her way, Silicon Valley will soon be competing with Chattanooga, Tennessee, for top tech talent. Robinson currently works at the Chattanooga-based venture incubator Lamp Post Group, where she serves as the director of operations.

Women Angels Fly High
The Jump Fund
Here at the JumpFund our mission has always been to invest women’s capital in female-led companies. After launching our fund in January 2014, we have added nine companies to our portfolio. New statistics are in about angel investment and they show that JumpFund and other angel investment funds are truly contributing to a successful 2014 for women entrepreneurs. The 50 plus women investors in JF are a part of the 318% growth and the pool of over 70 companies applying for funding in 2014 contribute to the 635% growth of female entrepreneurs seeking funding.

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