The Company Lab Announces Nationwide Launch Of CO.STARTERS

Monday, November 25, 2013

The Company Lab Monday announced the nationwide launch of its CO.STARTERS business model development program. The program has been adopted by over a dozen entrepreneurial organizations in cities around the country including Phoenix, Cincinnati, Lakeland, Fla.; Fort Wayne, Ind., Johnson City, Tenn., Crossville, Tenn. and Chattanooga. 

CO.STARTERS takes the lessons learned through working with thousands of local creative entrepreneurs and combines that with industry changing startup methods drawn from the research and experience of forward-thinking entrepreneurs and startup thought leaders across the country, officials said. 

“There is a new approach to business in the high-growth startup world,” said Enoch Elwell, director of CO.STARTERS. “Through CO.STARTERS, we’ve adapted and applied those highly effective proven methods to micro-business, bringing together a community where these founders can thrive.” 

High-growth startups are increasingly focusing on customer driven business model development by building and testing small models before writing detailed plans. This allows for real-time customer feedback and more efficient model updates, helping entrepreneurs to avoid building businesses based on incorrect assumptions, officials said. 

The CO.STARTERS curriculum incorporates this strategy in a way that’s accessible and relevant to small-business owners. The CO.STARTERS model has been tested for years in Chattanooga, Cincinnati and Detroit, and it’s now rolling out in other emerging startup communities across the nation. 

Hustle PHX, based in Phoenix, provides programs, mentorship and capital to entrepreneurs in underserved urban communities. The organization implemented the CO.STARTERS program in June. 

“CO.STARTERS helps to alleviate a lot of the issues and problems that entrepreneurs may run into,” said Oye Waddell, the executive director of Hustle PHX. “It’s a snapshot of what you need to start a business, and it gives entrepreneurs a foundation to move forward and accelerate their ideas.”

Small business remains one of the economic drivers for local economies and job creation, but these smaller-scale startups have not received the same level of support as their high-growth counterparts. CO.STARTERS aims to narrow that gap.

“If you look beyond Silicon Valley and New York, there are countless communities that are full of talented entrepreneurs, but they lack the organized community support they need to thrive,” said Mr. Elwell. “CO.STARTERS brings together the community, resources, knowledge and methodology that startups can use to successfully launch and ultimately build a strong local economy.”

For more information on CO.STARTERS, visit costarters.co.


Supreme Court Upholds Rape Of A Child Conviction

The Tennessee Supreme Court has upheld the conviction of a Memphis man for rape of a child, ruling that a prosecution error in the trial did not deprive the defendant of his constitutional right to a unanimous jury verdict.  Courtney Knowles was found guilty of raping the daughter of his half-sister/girlfriend. The victim was less than 13 years old and Knowles lived in the ... (click for more)

North Chattanooga Council Hosts Group Photo Aug. 4

The Chattanooga Area Chamber of Commerce’s North Chattanooga Council will host a group photo with all North Chattanooga Chamber member businesses on  Tuesday, Aug. 4 . Attendees should meet at Renaissance Park Pavilion at  11:30 a.m.  and proceed from there to the Renaissance Hill to take a group photo.   Networking and lunch will follow the photo at ... (click for more)

Ruling States That City Of Cleveland Is Entitled To Liquor By The Drink Funds

The city of Cleveland is entitled to keep all funds collected since city voters approved “liquor by the drink” in the Nov. 5, 2002 election. Bradley County Schools sued the city for taxes owed based on the school board’s interpretation of state law. Cleveland City Schools will be allowed to keep its money. The city of Cleveland distributed the liquor by the drink tax to Cleveland ... (click for more)

Crash On Chattanooga Avenue Causes Power Outage

A single-car accident in Dalton damaged a power pole on Chattanooga Avenue in front of the Crown Mill Village apartments and has caused a power outage in the area.   Chattanooga Avenue was closed between Matilda Street and Judson Street while the Dalton Police Department investigated the crash and Dalton Utilities worked to replace the pole. The road was reopened later.  ... (click for more)

Chattanooga's Memorial Day - And Response

It is recorded in the Fourth Chapter of the Book of Joshua, that after the nation had crossed the River Jordan, Joshua would receive a divine commandment to choose 12 men from among the people and tell them to take 12 stones from the middle of the river.  Each man placed a stone on their shoulder which represented one of the tribes of Israel, and served as a memorial ... (click for more)

Roy Exum: They Still Love The ‘Lickers’

When Congressman Ted Yoho (R-Fl.) introduced the 2015 version of the “Prevent All Soring Tactics” in Congress this week, he already had a bipartisan crowd of 50 Republicans and 50 Democrats as co-sponsors. That’s hardly amazing. Today there are over 280 organizations, associations, veterinary and animal advocates who vehemently support the legislation, because it is well documented, ... (click for more)