The Enterprise Center Reinvents Y-12 Innovation Competition

Friday, November 8, 2013

At the third-annual Y-12 Innovation Competition on Dec. 6, 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 http://techportal.eere.energy.gov/lab/Y12/browse. 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, Dec. 6 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 doll_c@theenterprisectr.org.



Reliance Partners Announces New V.P. Of Risk Services, John Seidl

Reliance Partners announced the addition of John Seidl as V.P. of Risk Services. Mr. Seidl is recognized as a leading expert in DOT commercial transportation compliance.   As a former Wisconsin State Motor Carrier Trooper and FMCSA investigator with more than 20 years of experience in risk services, Mr. Seidl is well-versed in the transportation insurance space. He ... (click for more)

New Food City Coming To Ringgold/Fort Oglethorpe

Earlier today, company officials announced plans to construct a new Food City at 540 Highway US-41 in Ringgold/Ft. Oglethorpe.  The 49,700+ square foot supermarket is expected to open fall of 2018 and will serve as the area’s second location.     “The area residents in both Tennessee and Georgia have certainly been supportive of our company and we’re extremely ... (click for more)

Mayor Berke Plans Affordable Housing Fund, Expansion Of Innovation District; Creation Of Council Against Extremism

Mayor Andy Berke, in his annual State of the City Address on Thursday, said he plans to establishing the city’s first Affordable Housing Fund. He said the city plans to commit $1 million to the fund "that will be used exclusively to aid the creation of affordable and workforce housing throughout Chattanooga. These funds will be used to supplement federal funding, various ... (click for more)

Chattanooga Man Who Was Recently Charged With Murder Is Accused In Another Earlier Shooting

Chattanooga Police have charged Britian Crutcher with the September 2017 shooting of LaSandra Burdette. Ms. Burdette, 26, was shot just after 3 a.m. in the 2000 block of Ocoee Street in Avondale. Her vehicle was involved in a minor wreck just before the shooting. The shooter was in another vehicle. Police recently charged Crutcher in the homicide of 28-year-old ... (click for more)

A Tribute For My Brother – Sgt. Jonathan Gardner, U.S. Army

Seven years ago today, my family and I found out that my brother, Sgt. Jonathan D. Gardner, was seriously injured by a roadside bomb, (explosively formed penetrator - EFP), while on a mission in Kuwait. The EFP went through the bottom of his seat and put a softball size hole in his upper thigh. The doctors said that if the bomb had entered the Humvee an inch to the right, he ... (click for more)

Roy Exum: The Black Telephone

If you have never seen one in an antique store you wouldn’t know that the first telephones were contained in a not-so-small wooden box that had a snout-looking mouth piece and a separate speaker that you would hold on your ear while you talked. This was many years ago when phones were fun as compared to today’s tiny cell phones that rudely interrupt us from the task-at-hand both ... (click for more)