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.


Chattanooga Area Labor Council To Host Workers Memorial Day Event

The Chattanooga Area Labor Council will host a Workers Memorial Day Event on Monday, April 28, to remember all workers who have suffered and died on the job and to renew efforts for safe workplaces.    This is a worldwide campaign, sponsored by the AFL-CIO, to generate awareness and support of workers’ rights to "safe, healthy and respectful work environments."   ... (click for more)

Hicks Speaker For Walker Chamber's Monthly Membership Luncheon

The University of Georgia’s Small Business Development Center will be highlighted by keynote speaker Kinsey Hicks, program coordinator, during the Walker County Chamber of Commerce’s April Membership Luncheon which will take place on Tuesday from 11:30 a.m. to 1:30 p.m. at the Walker County Civic Center, 10052 N Hwy 27, Rock Spring, GA.    The Mission of the ... (click for more)

Man Shot On Cannon Avenue Early Saturday Morning

A man was shot early Saturday morning on Cannon Avenue. At approximately 5:30 a.m., Chattanooga Police responded to 2300 Cannon Ave. for shots fired.  Shortly after receiving the call, officers learned that a victim arrived at a local hospital.  The victim suffered a gunshot wound to the right leg and is undergoing treatment. The injury is not considered to be life-threatening.  ... (click for more)

Child Playing With Cigarette Lighter Starts $25,000 Mobile Home Fire

A child playing with a cigarette lighter started a mobile home fire on Saturday morning. At 9 a.m., the Chattanooga Fire Department responded to a mobile home fire at 6561 Cassie Lane. It took four fire companies about 10 minutes to get the fire under control. The fire was contained to one bedroom. No injuries were reported. Damage to the home is around $25,000. (click for more)

When The City Was Silent

I don't know how to say this without getting my head handed back to me on a platter as is often the usual case. But at least I no longer receive the hateful (even threatening) emails and insults I became accustomed to. So I'll just bite and say it: I honestly don't see anything expressed by the NSM that hasn't been said locally on some level at one time or another, and ... (click for more)

Roy Exum: God Could Use You…

In the spring of 1968, this just before pro golfer Billy Casper would win six tournaments that year and be the leading money winner on the tour, the wildly-popular “Buffalo Bill” was in Japan playing some off-season tournaments. He was asked if he would like to visit some American soldiers who had been seriously wounded and Casper, ever the gentleman, said of course. As he melted ... (click for more)