Tennessee Innovation in the News
Executives with edo Interactive have signed a partnership agreement with Visa Europe that gives the locally based financial technology company access to a market of 500 million bank cards in 37 countries. Seven-year-old edo links shoppers’ credit cards with retailers willing to offer instant rebates. In the United States, the company works with six of the top 10 card issuers and more than 1,000 retailers.
Nashville Business Journal
When Don Lawrence launched SurgiChart nearly four years ago, he designed it as an extensive repository for surgeons to upload and store information on every surgery they performed, allowing them to quickly access and share that information with colleagues, patients and others. But, Lawrence said, while the app grew to a few thousand users following its launch, the company soon discovered that those users “weren’t using it any way that we designed it.”
The life science industry spans many different markets and includes companies in fields such as medical device, pharmaceuticals, research, bio-agricultures and bio-logistics. Leading the charge to support innovators and entrepreneurs in this sector is Life Science Tennessee, a statewide nonprofit organization whose members include companies, universities, research institutions, government economic development groups and other industry associations.
National Innovation in the News
Golden rule of business: Increase shareholder value. Golden rule of investing: Buy low, sell high. Most entrepreneurs know these golden rules. To a great extent, they are (or should be) obvious and self-evident. They are “rules” because they set the foundation for business mission statements, goals and decisions. There is another important golden rule that many entrepreneurs overlook, specifically startup entrepreneurs.