This past week, three Tennessee-based accelerators have released their cohorts for summer programs, all planning Demo Days in August. Entrepreneurs nationally and internationally will be building new businesses in areas of 3D Printing, B2B sales, music disruption, wearables, healthcare products and services and consumer technology.
Launch Tennessee CEO Charlie Brock is excited about Chattanooga’s entrepreneurial scene and how well the city will be represented at Nashville’s upcoming 36|86 conference. “I’ve been talking to a lot of investors … [Chattanooga] is starting to show up on their radar,” Brock said. Of the 36 startups that will participate in the pitch portion of the conference—which is hosted and organized by Launch Tennessee— four are from Chattanooga.
Al Jazeera America
But super-fast fiber optic Internet service isn’t just about entertainment and gaming. It’ll be the backbone behind a digital ecosystem we’re already starting to live in: connected devices and the internet of things, real time health monitoring, personalized retail experiences, video conferencing, everything from MOOCs to Oculus Rift can benefit from the gig. TechKnow visited Chattanooga, Tennessee, one of the nation’s first test beds for the gig, to find out how lightning quick it’s Internet speed is.
In his keynote address on Thursday morning, Andy Berke, the mayor of Chattanooga, Tennessee, also stressed the importance of digital equity for his city. “We cannot create gated digital communities,” the mayor noted. In fact, Chattanooga is known for its municipally-operated 1-gigabit high-speed fiber-optic network, which connects every home and business over 600 square miles in and around the city.
Memphis Daily News
Two very different startups speak volumes about how much the Nashville venture capital scene has changed over the years and how things are still evolving. When Franklin-based Cybera began with three employees in 2001, it set up voice and data networks for small to medium-sized companies, using leased space on traditional telecom companies’ high-speed digital subscriber lines. The climate for raising capital was challenging for all startups, including in Nashville. The September 11attacks that year further slowed investment. Nashville’s main contribution to the entrepreneurial world was in health care.
Nashville Business Journal
Splitsecnd, a Nashville-based startup and early graduate of accelerator Jumpstart Foundry, took home the top prize at a national competition this week. The company, which makes a device that provides automatic crash notification and realtime GPS tracking, was named the judges’ choice at the annual AARP Health Innovation@50+ Live Pitch, according to a news release.
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