GIGTANK 2013 Applications Open; CO.LAB Announces Partnership With ng Connect Program

Wednesday, January 30, 2013
GIGTANK Demo Day 2012
GIGTANK Demo Day 2012

CO.LAB, co-host of the GIGTANK 2012 accelerator program, on Wednesday announced that online applications for GIGTANK 2013 are officially open.

GIGTANK is the world’s only accelerator on a living fiber network, enabling next-generation startups to launch their businesses while taking advantage of Chattanooga’s one-gigabit-per-second Internet speeds. The program aims to connect entrepreneurs with the tools, capital and contacts needed to go to market.

The summer-long program kicks off on May 13 and runs through Aug. 6. GIGTANK will culminate with Demo Day, when participants pitch their startups to hundreds of investors, potential collaborators and members of the press.

“Following the success of GIGTANK 2012, we’re excited to see what 2013 will bring,” said Sheldon Grizzle, founder of CO.LAB. “As we begin the selection process, we’re looking for startup founders who want to reinvent modern life. In a sense, we’re looking for pioneers of the future.”

The ng Connect Program, founded by Alcatel-Lucent (EURONEXT and NYSE: ALU), has become an initial founding partner of GIGTANK. The ng Connect Program is a multi-industry ecosystem dedicated to the creation of the new generation connected user experience through collaboration of 200-plus technology-focused companies.

Together, these member companies develop “service concepts”  - prototypes for next-generation services in entertainment, retail, healthcare and other industries that touch our daily lives.

“The member companies of the ng Connect program have developed groundbreaking prototype connected services, such as a connected-service vehicle and cloud-based learning,” said Jason Collins, vice president of Emerging Technology and Innovation at Alcatel-Lucent. “By partnering with GIGTANK’s entrepreneurs and leveraging Chattanooga’s fiber network, we can bring these services to life and potentially work with telecom service providers around the world to ultimately reach a broad customer base.”

GIGTANK participants will have access to a resource “toolkit,”  which will include several ng Connect service concepts as well as the various pieces of technology used to build them.

Additionally, participants will receive between $15,000 and $115,000 of investment capital.

Following Demo Day, selected teams will be given the opportunity to participate in a “Roadshow” across the country, showcasing their new ventures.

“GIGTANK has evolved quite a bit since the inaugural program last summer but the purpose remains the same: to connect high-growth potential startups with technology, mentors, capital and customers,” said Mr. Grizzle. “Our initial partnership with ng Connect will be a strong complement to our local partners at LampPost Group, EPB, Chattanooga Chamber, UTC and many others. We look forward to expanding our network of collaborating partners as GIGTANK 2013 approaches and gets underway.”

For more information or to apply to GIGTANK, visit www.thegigtank.comFor more information on ng Connect, visit www.ngconnect.org


Attorneys Batts And Taylor Elected To Lead State Drug Court Association

The Tennessee Association of Drug Court Professionals has elected attorneys Kevin Batts and Richard Taylor to leadership positions in the statewide group. Mr. Batts will serve as president and Mr. Taylor will serve as vice president of the association in 2015. Mr. Batts is director of the Drug Court in the 23rd Judicial District, serving five counties of Middle Tennessee. He ... (click for more)

Karen Tindell And Kelly Still Join Southern Community Bank

Robert Stahl, Chattanooga city president of Southern Community Bank, announced Karen Tindell and Kelly Still have joined the Chattanooga branch. “Karen joins the staff as assistant vice president and Kelly joins the staff as a commercial lender,” said Mr. Stahl.  “Together Karen and Kelly collectively have over 50 years’ experience in the financial industry with regional ... (click for more)

2 Suspects Sought In Armed Robbery At Highway 153 Long John Silver's

Police are searching for two suspects in an armed robbery that happened Friday morning. At approximately  8:10  a.m. the Chattanooga Police Department responded to 5317 Highway 153 for a robbery at the Long John Silver's.  Officers discovered that two black men, wearing hoodies and masks, entered the Long John Silver's and forced the assistant manager ... (click for more)

Pair Charged With Beating Man With Stick, Taking His Wallet

Two men are charged with beating a man with a large stick while he slept on the steps of a downtown church, then taking his wallet. Jerry Quincy Allen, 45, and James Leo Boas, 40, both of 727 E. 11th St., are charged with aggravated robbery. In the incident on Wednesday, Bradley Casehart said he and a friend were asleep at Tompkin Chapel Church on Palmetto Street. He ... (click for more)

Please Don't Close The Piccadilly Cafeteria At Hamilton Place - And Response

Oh, no. The Piccadilly Cafeteria at Hamilton Place is closing.  Its last day is Christmas Eve.  I will miss the great food they have there but most of all I will miss their servers, cashiers and waitresses.  They are all so friendly and accommodating.  They make it like it’s a home-style restaurant. I sure wish there was some way that Hamilton Place and ... (click for more)

Roy Exum: ‘Scrooge’ Of The Year

As we move into the last weekend before Christmas, the “Scrooge of the Year” has just appeared in Aurora, Ill. Actually Connie Ley has just died. She passed away on Nov. 25, but in her wake left the worst will many around the country have ever heard – her last wishes included that her nine-year-old dog should be put to death, cremated, and buried with her. Bela, a beautiful German ... (click for more)