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March 8th, 2016

March 8th, 2016


Chattanooga Mayor Signs Executive Order Establishing Task Force to Strengthen Minority-Owned Businesses
The Chattanoogan
Mayor Andy Berke signed an executive order on Monday establishing a community coalition to identify the challenges faced and propose solutions to strengthen minority-owned businesses in Chattanooga. This task force will pull together a group of businesses owners, community leaders, and economic development experts to develop an action plan and provide recommendations directly to Mayor Berke.

Facebook Looks to Boost Franklin Female-Run Businesses
The Tennessean
Franklin’s female business owners will get recognition and a leg up in an upcoming Facebook Boost Your Business workshop. “I think it’s great to see how strong women can be in running a small business especially with social media,” said Julia Walton Garland, manager at Walton’s Antique Jewelry, and a panelist at Monday’s event. In honor of Women’s History Month, the workshop will show female entrepreneurs best practices in curating content of the Facebook page, targeting the correct audience, advertising and measuring how people respond.

KEC Launching Four-Session “Media Meetups” Series
The Knoxville Entrepreneur Center (KEC) has announced a new series under the “Media Meetups” banner. It’s four sessions designed to create better connectivity in the local production community by networking and exploring new business models in the digital media space. The inaugural session begins at 6 p.m. March 16 at KEC on Market Square and will feature Channing Dawson, a former Senior Advisor at Scripps Network Interactive. The title of the program is “The Future of Storytelling.” KEC notes that the progression of technology and the evolution of business models are constantly impacting the way stories are told.

Local Awards Aim to Reduce Disparity in STEM
High Ground News
According to a 2015 report from the National Center for Women & Information Technology, in 2014 women only held 26 percent of computing occupations, down from 36 percent in 1991. (Black women only held three percent of these occupations; Latinas held one percent.) Memphis has caught the bug of organizations trying to reduce the gender (and racial) disparity in science, technology, engineering and mathematics (STEM), specifically in the area of coding and computer science.

Medical Decisions LLC Plans $2MM-Plus Series A for EvidenceCare Platform
Venture Nashville Connections
EvidenceCare, a healthIT decision-support platform for medical professionals, goes into private beta next week and parent Medical Decisions LLC contemplates seeking $2MM-$3MM in Series A capital. Brian Fengler, M.D., the Nashville company’s 37-year-old founder and CEO, told Venture Nashville today that the company did a small equity Seed capital round a year ago and has thus far raised $1.5MM in Seed/A-B convertible debt, $315K of which was provided by the NueCura healthcare Angel group.

Startup Combines Personal Attention, Technology to Help Businesses Manage Human Capital
Reliance Human Capital Management founders Jack Silberman and Ryan Davis said their new business will combine technology and personal attention in an effort to provide the best customer experience possible. “We were going to be called Reliance Benefits, but we are actually doing a lot more than benefits,” Silberman said. “So we called it human capital management, [which] essentially means the managing of what your people cost you.”

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