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.



Chattanooga Chamber Calendar Of Events Feb. 20-22

Feb. 20 Red Bank Chamber Council Meeting Noon to 1 p.m. Red Bank Community Center: Tom Weathers Dr. $10 Feb. 21 Southside Chamber Council Community Coffee 8 to 9 a.m. The Barn Nursery: 1801 E. 24th St . Feb. 21 Reality Check at Lookout Valley High School 8:30 to 10 a.m. Lookout Valley High School: 350 Lookout High St . Reality ... (click for more)

Chattanooga Gas Files First Rate Request In 8 Years

Chattanooga Gas on Thursday filed its first general rate request in eight years with the Tennessee Public Utility Commission. The company reports in its petition that a $7 million increase in base rates is necessary for system improvements to accommodate new growth, avoid interruptions in service, install critical safety infrastructure and recruit and cross-train the next generation ... (click for more)

Woman Killed, Another Injured, In Drive-by Shooting Early Sunday Morning On Chestnut Street

A woman was killed and another injured in a drive-by shooting on Chestnut Street early Sunday morning. The Chattanooga Police Department responded to a shooting call at 1:27 a.m. in the 1800 block of Chestnut Street .  Upon arrival, officers located two female victims in a vehicle suffering from gunshot wounds. HCEMS responded to the scene and transported both parties ... (click for more)

Woman Killed At Foot Of Lookout Mountain After Truck Loses Brakes

A woman was killed at the foot of Lookout Mountain on Saturday morning after her car was struck by a truck that had lost its brakes coming down the mountain. The victim was identified as Mallory Baldschun. A child in her Toyota Tacoma had minor injuries, police said. The driver of the International Prostar truck, James Wilson, also had minor injuries. Two other vehicles ... (click for more)

Six Things We Can Do About Mass Shootings - And Response

All politics aside, the recent shooting in Florida, and every other shooting in a public place, is a senseless and, possibly, preventable tragedy. It is absurd that we can’t gather in a free society without the fear of some nut job or terrorist using us as targets.   And then the cries of “do something!” from every quarter. But, other than the obvious attempt by agenda-pushers ... (click for more)

Roy Exum: It’s Time To ‘Prepare’

On Friday morning, this after a crazed human being killed 17 innocent children and adults at Marjory Stoneman Douglas High School on Wednesday, I sat in a room with Sheriff Jim Hammond and members of his command staff and asked what everyone us want to know: “What do we do?” Gino Bennett, the sage guiding force, sat beside me and he told the room, “The time to ‘prevent’ is over ... (click for more)