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October 6th, 2014

October 6th, 2014

Tennessee Innovation in the News

Closeup.fm, FiveWorx, Feetz Selected for Launch Tennessee’s “The TENN”
Two Knoxville-based start-ups and one that recently relocated to Chattanooga are among those selected for this year’s “The TENN” cohort, a master accelerator program run by Launch Tennessee. The East Tennessee start-ups join seven others from across the state to comprise the second “The TENN” cohort. The two Knoxville participants in the 2013 “The TENN” program – Vendor Registry and Survature –captured first and third places in the finale of that inaugural accelerator.
Feetz is One of Launch Tennessee’s Class of the TENN
Launch Tennessee announced Thursday the 10 companies chosen to participate in this year’s cohort of The TENN, its unique master accelerator program for graduates of Tennessee’s nine startup accelerators. Feetz, a startup based in Chattanooga that just graduated from GIGTANK, is one of the companies. The TENN is sponsored by UBS, a global financial services firm with a presence across Tennessee, including the recently opened UBS Business Solutions Center Nashville.
Former Kingsport City Manager Leads New Startup
Former Kingsport City Manager John Campbell has been chosen to lead a business startup organization. Campbell is the new executive director of AccelNow, which is tasked to accelerate technical entrepreneurs and their startup companies across eight Northeast Tennessee counties and beyond.

National Innovation in the News

The Importance of New Blood to a Startup

Whatever your product or service (whether you’re selling handbags or turkey sandwiches), the people behind your product or service are equally if not more important. Here are some reasons to bring new creative blood and innovative minds into your startup, whether it’s a small business or a larger enterprise.
When the founder of a startup company shuts down her or his business, it is customary to pen an essay that tells the rest of the community what went wrong, called a failure post-mortem. It’s estimated that nine out of 10 startups fail, which is why the technique has become so common as to be a Silicon Valley cliché. Some of these essays are honest, enlightening, and brave. Others point fingers or issue backward non-apologies.
New York Times
Every year the National Institutes of Health receives almost $30 billion in federal funds to invest in biomedical research. The bulk of that money goes to researchers who are in many cases esteemed in their fields — but also, in many cases, beyond the age when most scientists make their most important contributions to their fields.
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