Applications Open For Will This Float? Pitch Night

Thursday, October 17, 2013
The Company Lab is currently seeking applications for the annual Will This Float? pitch night on Nov. 19, at the Chattanooga Public Library’s Fourth Floor. 

Will This Float? celebrates the diversity of the creative and entrepreneurial spirit, showcasing up-and-
coming innovators from across the Chattanooga region. Participants will contend in an exciting pitch 
competition, and prize packages will be awarded based on the viability of their business ideas. Sponsors include BlueCross BlueShield of Tennessee; Chambliss, Bahner and Stophel; Baker Donelson; Henderson Hutcherson and Mccullough; Miller and Martin; Launch Tennessee; and the Lyndhurst Foundation. 

“Will This Float? is a great representation of the energy and excitement that surrounds our thriving startup community,” said Mike Bradshaw, the director of The Company Lab. “Every year, we’re thrilled to see both fresh and seasoned entrepreneurs come out of the woodwork and test the waters with their business ideas. We’re expecting big things for 2013.” 

Will This Float? applicants are selected based on the Company Lab’s F.L.O.A.T. criteria: 

• Few direct competitors (Is this a novel idea?) 

• Low adoption/switching costs (Will customers use this?) 

• On-time entry to market (Is the window of opportunity open? ) 

• Addresses unfilled need or want (Does this solve a real problem?) 

• Target market is identified and large (Who are the customers?) 

The Company Lab is looking for business ideas across a broad range of industries and sectors, including technology, consumer products, design, the local food economy, the outdoor industry and environmental sustainability services. 

Submissions will be narrowed to a maximum of 10 finalists, who will have three minutes to pitch their ideas to a panel of judges and a large crowd of local entrepreneurs, business professionals, potential mentors and team members and interested Chattanoogans. Using feedback from judges as well as crowd-sourced voting, The Company Lab will award prizes to the ideas that “float” best. 

This year’s event marks the fourth annual Will This Float? pitch night. In past years, a total of 28 startup ideas have been pitched, and winning entrepreneurs have raised a combined $4.624 million in capital. 

Last year, Will This Float? drew more than 400 attendees.

Applications must be submitted by Nov. 5. For more information and to apply, visit colab.is/what-we-
do/will-this-float.


Sola Salon Studios Celebrates Grand Opening March 30

Sola Salon Studios  will celebrate the grand opening of its newest facility in Chattanooga, located near Hamilton Place Mall in Hamilton Corner on  Monday, March 30  from  4-6 p.m.  The ribbon-cutting ceremony, hosted by Sola Salon Studios and local franchisee Glenn Bone, will include Salon Tours and product displays with our Beauty Supply industry partners. ... (click for more)

GDOL To Help Roper Recruit Manufacturing Workers Friday In Summerville

Roper Corporation, a division of GE, will recruit about 80 manufacturing workers for its LaFayette facility Friday. The recruitment will be held from 10 a.m.-2 p.m. at the Chattooga County Civic Center, 44 Highway 48 in Summerville.  The company, which manufactures kitchen stoves and microwaves, will be hiring production and assembly-line workers. Salaries begin at $12.30 ... (click for more)

Robber Who Was Shot At Rossville Boulevard Car Lot Dies; No Charges To Be Filed

Police said a person who was shot during a robbery attempt at a car lot at 4314 Rossville Blvd. around 1:50 p.m. on Thursday has died. Police said the shooting has been ruled a "justifiable homicide" and no charges will be brought against 27-year-old Alan Miller. The shooting in which the robbery victim shot the suspect was at Miller Auto Sales. (click for more)

Man Charged In Shooting On Sixth Avenue Had Been Shot Himself Last Week; Police Say Incident "Part Of Gang War"

A man charged with attempted first-degree murder on Sixth Avenue Court on Thursday afternoon was shot himself earlier this month. O'Shae Kadaris Smith, 20, of 2114 E. 12th St., is also charged with reckless endangerment, aggravated assault and possessing a firearm during the commission of a crime. He was one of two people shot on Rawlings Street on March 16. Kendre Allen, ... (click for more)

The Problems With Prescription Drug Addiction

In Tennessee today, we have a major problem with prescription drug addiction, particularly when powerful opioid pain relievers are concerned.    For the first time in 2012, Tennesseans abused prescription opioid drugs more than alcohol.  Our young people ages 18-25 abuse prescription opioids at a 30 percent higher rate than the national average.  In just five ... (click for more)

Roy Exum: The Hillman Of Bihar

In the year of our Lord, 1927, there was a very poor child born to a very poor family in a very poor place. His name was Dasrath Manjhi and he was a native of the Musahar community somewhere in India. We know he had no education and, as a member of the lowest Hindu scheduled castes, he didn’t have a cut dog’s chance from the very get go. But after spending considerable time in ... (click for more)