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May 21st, 2014

May 21st, 2014

Tennessee Innovation in the News

CNN Money: Chattanooga’s super-fast publicly owned Internet
Chattanooga, Tenn., may not be the first place that springs to mind when it comes to cutting-edge technology. But thanks to its ultra-high-speed Internet, the city has established itself as a center for innovation — and an encouraging example for those frustrated with slow speeds and high costs from private broadband providers…”It’s really altered how we think of ourselves as a city,” said Chattanooga Mayor Andy Berke. “We’re a midsized, southern city — for us to be at the front of the technological curve rather than at the tail end is a real achievement.”
Event: Workshop: “Take Your Business To The Next Level”
Join us for a 1-Day Camp entitled”Transform an Idea into a Successful Company” (A 1-Day Entrepreneurial Program) powered by SMTEC (Southern Middle Tennessee Entrepreneur Centers) and hosted by The Babson Center for Global Commerce at The University of the South. Learn How to Transform an Idea into an “Investable Story” and to take your business to the next level! Click here to register .
Nashville Business Journal: What Nashville is bringing to the table for Inc.’s GrowCo
This week’s GrowCo 2014 Conference at the Omni Nashville Hotel will feature more than just national names like Mark Cuban and John “Papa John” Schnatter. A few of Nashville’s entrepreneurial leaders will also get their chance to impart wisdom during a breakout session Wednesday afternoon titled, “How Great Companies Combine Culture and Community for Profit and Purpose.” “I think the theme of the panel is basically how does a business and a community ultimately come together and collaborate … exploring this connection between company and community,” said Emma co-founder and CEO Clint Smith, who will join Entrepreneur Center President and CEO Michael Burcham and LetterLogic CEO and founder Sherry Stewart Deutschmannon the panel.
High Ground News: New start-up DepthChartz to give student athletes a fighting chance
With a highly search-functional framework, DepthChartz provides student athletes with exposure to college and professional outlets through highlight video submissions and validated stats…Harrison began outlining his idea into a business plan in 2009 and has been working with the Crews Center for Entrepreneurship at the University of Memphis’ FedEx Institute of Technology this year. He plans to expand the company’s revenue stream in the future with additional paid resources, including in-depth reports, as well as new advertisers. His goal is to eventually attract every student athlete in the country. DepthChartz will also allow coaches to list and promote their camps and training services, creating the prospect for top talent-opportunity pairings.

National Innovation in the News

Fast Company: How To Think Like An Entrepreneur, Even When You’re Not One
Starting new every day is at the core of the entrepreneur’s mindset, and the rest — from vision to strategy- grows from there. Here’s how to adapt this mindset and stay ahead of the competition.

<ahref=”http://online.wsj.com/news/articles/SB10001424052702304908304579566662320279406?mod=trending_now_2″>Wall Street Journal: Forget ‘the Cloud’; ‘the Fog’ Is Tech’s Future
Here’s the reality: Getting data into and out of the cloud is harder than most engineers, or at least their managers, often are willing to admit…Luckily there’s an obvious solution: Stop focusing on the cloud, and start figuring out how to store and process the torrent of data being generated by the Internet of Things (also known as the industrial Internet) on the things themselves, or on devices that sit between our things and the Internet. Marketers at Cisco Systems Inc. have already come up with a name for this phenomenon: fog computing.

Wall Street Journal: The Daily Startup: Tech Startups Compete to Make You Take Your Medicine
Only about 50% of people continue to take medicines as directed after six months, according to CVS Caremark, one of the largest pharmacies in the country. The problem has attracted a number of startups, the latest of which isMango Health, which just closed $5.25 million in Series A funding from Kleiner Perkins Caufield & Byers, reports Tim Hay for VentureWire. Other startups in the field include RXAnte, an analytics company that helps to identify patients most at risk for falling off their prescription regimen; Proteus Digital Health, which puts tiny digestible sensors inside of pills to give doctors a clearer picture of patient compliance; and AdhereTech, which puts the sensors on the pill bottle to show how often a patient opened it.Top startup news curated by Launch Tennessee.

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