The Enterprise Center Reinvents Y-12 Innovation Competition

Tuesday, October 8, 2013

At the third-annual Y-12 Innovation Competition, The Enterprise Center is making available technology developed at Y-12 National Security Complex to regional teams to create beta products and develop business plans in competition for cash and prizes, including startup business assistance.

To encourage Chattanooga’s entrepreneurial growth, The Enterprise Center has partnered with Y-12 National Security Complex for the past three years to host a business plan competition. This year, The Enterprise Center is upping the stakes. Not only will the intellectual property under development at Y-12 be revealed, as in years past, but regional competitors will be able to actually use the software from the Department of Energy’s technology portfolio as they flesh out their new business concepts.

“Giving participants the workable software developed at Y-12 further grounds this competition in reality instead of hypotheticals,” said Chris Daly, director of The Enterprise Center’s Office of Technology Development and Transfer.

Available to all entrepreneurs, web designers and software developers throughout the region, the competition is for those interested in developing a beta of a commercially-viable product or business concept. Participants take existing software from Y-12's portfolio and develop a business plan around them, creating entirely new enterprises. The full technology portfolio up for grabs to competition entrants can be viewed at While competitors may develop a business plan around any Y-12 technology, the competition will be focused around two pieces of logistics software – IR3AM and EVALUATE.

Extreme Value Analytical Logic Utilized for Advanced Trend Examination, or EVALUATE for short, analytically evaluates a group’s characteristics to determine the group’s behavior. The intended use of EVALUATE is to predict when a change in behavior is beginning to occur so that the software users, be they policy makers, marketers, security personnel, etc., can respond to the anticipated new trend in a timely manner.

The Integrated Route, Risk, Resource, Analysis and Allocation Model, otherwise known as IR3AM, is a decision support and probability-based analysis tool that will evaluate transportation over a selected time interval and determine the allocation of resource and manpower assets to best alleviate risk. The logistics software has the ability to show where resources are needed and where those resources should be directed for more efficient response time.

“Seeing the software we’ve developed demonstrated for commercial use is a great step forward in our quest to realize our technologies’ full potential as viable, market-ready consumer products,” said Jeremy Benton, Y-12 National Security Complex’s commercialization and partnerships manager.

The newly-revamped competition will come to a head at the finale pitch event held at the Business Development Center on Friday, Nov. 8 at 10 a.m. At the event, competition participants will receive feedback on their business models from The Enterprise Center and a panel of experts. The ultimate winning team will receive $2,500 in cash and additional business assistance for the development of a potential startup company. The Enterprise Center will work closely with the winners to facilitate the technology licensing process with Y-12 and provide favorable option terms. In addition, the Business Development Center will offer free access to the Gig Lab conference room and tele-presence capability to the winning team, while they prepare to launch their new business.

Dr. Greg Laudeman, who has a startup in development, saw last year’s competition as an opportunity to talk through his business concept, getting feedback on his idea and meeting key contacts along the way. At the moment, he is in the final stages of building relationships with charter customers and developing an interactive web application before his startup’s launch.

“The Enterprise Center has been a great help in connecting me with resources, acting as a sounding board and providing moral support and encouragement, all of which are critical when you’re trying to get a startup off the ground,” said Dr. Laudeman.

This year’s Y-12 Innovation Competition is open to the public free-of-charge, but seating is limited, so attendees must reserve a seat in advance. For those interested in participating on a competition team or attending the event, contact Christi Doll at The Enterprise Center’s Office of Technology Development and Transfer at 423 425-3772 or

Northwest Georgia’s Unemployment Rate Unchanged At 5.6 Percent In October

The Georgia Department of Labor announced on Thursday that the unemployment rate in the Northwest Georgia region in October was 5.6 percent, unchanged from September. The rate in October 2014 was 6.8 percent. While the rate was unchanged, the number of initial claims for unemployment insurance rose by 741, or 29.1 percent, to 3,291 in October. Most of the increase was due ... (click for more)

October 2015 County Unemployment Rates

County unemployment rates for October 2015, released Wedesday, show the rates decreased in 90 counties, increased in four, and remained the same in one county. Specific county information for October is available on the Internet .   Davidson County had the state’s lowest major metropolitan rate in October at 4.2 percent, down from September’s rate of 4.6 percent. Knox ... (click for more)

Shots Fired From Vehicle; Police Locate Car And Arrest 5 Youths With Guns

Chattanooga Police said shots were fired from a vehicle on Friday afternoon, then officers located the vehicle and arrested five youths with guns.   That comes after a spate of shooting violence in which two women were killed and several other people injured by bullets.   Just after 4 p.m. Friday,  officers with the Chattanooga Police Department responded ... (click for more)

City Considering Measure That Would Require City Employees To Be Tennessee Residents

The City Council is considering an ordinance that would require city employees to be residents of the state of Tennessee. The city has employees who live in North Georgia and North Alabama and that is allowed.  If the ordinance is approved by the City Council, it still would need to be okayed by a majority of city voters in an election. The measure will be considered ... (click for more)

An Extra Helping Of Gratitude

After being thankful for the grace of God, my family and good health, this year I have an extra helping of gratitude to live in a special place called Chattanooga.   We endured the trauma of terrorism on July 16 and emerged more united and stronger than ever before.  We claim our heritage and celebrate our diversity like no other city in America.  We honor our ... (click for more)

Roy Exum: We Can’t ‘Ban The Box’

I know a man who has over 20 former convicts from federal prisons who either work for him or who have retired with their dignity, pride, and self-worth restored. Better yet, I know some of them, men who have done “hard time” in prisons so wretched none of us would dare to go. So on the surface I applaud City Councilman Yusef Hakeem for seeing ways to get formerly incarcerated men ... (click for more)