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May 12th, 2015

May 12th, 2015


12 Investor Tips for a Perfect Pitch
With this continued interest from investors, there are many opportunities to pitch your company. From new pitch contests like the 36|86 Southern Series, an initiative of Launch Tennessee, which has been touring the Southeast and ends with the award of a $36,000 prize in Nashville in June; to established pitch contests like Y Combinator which invests $120,000 in small increments to startups twice a year.

4 Chattanooga Companies to Participate in 36|86 Conference
Four Chattanooga companies will participate in Nashville’s 36/86 conference next month. Last month, officials announced that Chattanooga’s RootsRated would be one of the participants of the Launch Tennessee conference. RootsRated was chosen after participating in pitch events called the 36/86 Southern Series. The remaining 24 startups—including Chattanooga’s Feetz, PriceWaiter and Zipflip—applied via application and made the cut.

GigTank Gets Back to Its Roots with Summer Program for 14 Startups
Chattanooga Times Free Press
Startups from across the country and as far as England will be in Chattanooga this summer, innovating on big data, virtual reality, artificial intelligence and more. Products that the 14 teams are building speak to a question at the heart of GigTank, the event that’s bringing them to Gig City: If you had a Gig what would you do with it? “We went back to the roots: What are applications that leverage Gigabit speed or would need it to scale?” said Mike Bradshaw, executive director Co.Lab, which runs GigTank.

Hubrig Provides Update on Innovasan’s Progress and Plans
Three of the key success factors for entrepreneurs are to be focused, committed, and agile, and those characteristics aptly describe the team at Knoxville-based Innovasan Corporation. Since we first met the Hubrigs – Jeff Sr., Ellen, and Jeff Jr. last August at a Life Science Tennessee Roundtable, we’ve been following their progress toward their ultimate goal of having a clean water technology product ready for the commercial market by the start of 2017.

Memphis Bioworks Foundation’s ZeroTo510 Accelerator Names 2015 Class
Memphis Business Journal
ZeroTo510, the Memphis Bioworks Foundation’s medical device incubator, has announced the four teams that will comprise its 2015 class. As part of the accelerator program, the teams will participate in the 12-week program that will take them from the startup progress to the U.S. Food and Drug Administration’s 510(k) filing. The companies will each receive an investment of $50,000 from Innova and MB Venture partners. They will then pitch to a group of investors at Demo Day, which is scheduled for Aug. 13.

Memphis Receives IBM Smarter Cities Grant to Address Fire Department EMS Calls
The Commercial Appeal
Saying nonemergency calls to the Memphis Fire Department’s emergency medical services are driving up response times and costs, Mayor A C Wharton was in Las Vegas Monday to accept an IBM Smarter Cities grant that will use data to combat the problem.

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