The Company Lab Announces New Focus For GIGTANK 2014

Thursday, December 19, 2013

The Company Lab Thursday announced that Additive Manufacturing (3D printing), Healthcare and Smart Grid Development will be the three focus areas of GIGTANK 2014, an annual entrepreneurial accelerator that leverages Chattanooga's advanced fiber infrastructure to build next-generation business models. These three industry verticals represent regional economic strengths in which the Chattanooga area has dramatic potential to excel, officials said.

CO.LAB will coordinate the Additive Manufacturing vertical, as well as the Smart Grid track with support from EPB, while ProjectLift will serve as a lead facilitator for the Healthcare track. UTC will provide housing for all GIGTANK teams. 

Now preparing for its third iteration, GIGTANK is the world's only startup accelerator connected to a living, metro-wide fiber optic network. The program takes place each summer between May and August and is hosted by CO.LAB. Applications for the 2014 accelerator will open Jan. 15 and close March 14.

“Chattanooga is a hub for manufacturing and home to the nation’s most advanced smart grid network,” said Mike Bradshaw, executive director of CO.LAB. “Our foothold in these areas creates an entirely new domain of possibilities when combined with our gigabit Internet service. For startups in the healthcare industry, Chattanooga’s broadband opens new territory for developing next-generation telemedicine and medical imagery applications. For those exploring applications in advanced manufacturing and smart grid technologies, we offer a robust network of experts and industry contacts. This is an especially valuable resource to startups looking to pilot new business applications in active, networked industry settings.” 

GIGTANK 2014 will facilitate those opportunities, explained Mr. Bradshaw. At the same time, the program will connect local companies with innovations that could potentially redefine their industries and give them an edge on their competitors.

Partnerships with local manufacturers will be key to the GIGTANK experience, especially among those interested in exploring opportunities related to 3D printing, said officials. With the addition of the Additive Manufacturing track, GIGTANK becomes the nation's first startup accelerator to offer a program focused on launching 3D printing applications in the conventional manufacturing space. The Manufacturing Demonstration Facility at Oak Ridge National Laboratory has already agreed to support this process by providing GIGTANK teams access to its state-of-the-art additive manufacturing equipment. Chattanooga State will also contribute resources to support the Additive Manufacturing track.

To learn more about GIGTANK 2014, visit www.thegigtank.com. For information about becoming a GIGTANK partner, mentor or program participant, click here.

Local Ace Hardware Stores Host One-Day Bucket Promotion For Children’s Hospital

Nineteen regional Ace Hardware stores in Georgia and Tennessee will participate in one-day bucket promotion on Saturday, July 23rd to raise money and support Children’s Hospital at Erlanger. Customers who make a $5 donation at participating Ace Hardware stores on July 23 will receive a limited edition five-gallon bucket and 20% off* most ... (click for more)

Tennessee Selected To Join Three Branch Institute To Improve Child Safety And Prevent Child Fatalities

Tennessee was one of eight states competitively selected to participate in the  Three Branch Institute to Improve Child Safety and Prevent Child Fatalities , a project of the National Governor’s Association’s Center for Best Practices, the National Conference of State Legislatures, Casey Family Programs, the National Council of Juvenile and Family Court Judges and the National ... (click for more)

SEC Freezes Accounts Of 2 Chattanooga Brokers Accused Of Diverting $5 Million Raised From Investors

The Securities and Exchange Commission on Friday announced it has won a court-ordered asset freeze to halt an ongoing fraud by two former Chattanooga brokers with disciplinary histories who allegedly raised more than $5 million from investors without using the money as promised.  In an emergency action filed in Federal Court in Chattanooga, the SEC alleges that James Hugh ... (click for more)

Downtown Landmark The James Building Sold For The 2nd Time In 2 Years

A longtime downtown Chattanooga landmark, the James Building, has been sold just two years after trading hands. The former owners of Rivermont Golf and Country Club bought the 12-story office building in May 2014 from Luken Holdings for $5.1 million. Rivermont James Building LLC has now sold the skyscraper for $5,868,000. The sale was to Dew James LLC. Knoxville attorney ... (click for more)

America Is The Main Issue - And Response (4)

Many get tired of hearing this, but to stay at home on election day, vote Libertarian, or write in your favorite candidate, will insure that the issues of Libertarians and other points of view, will never be solved in your lifetime. Hillary Clinton's Supreme Court appointments will continue Obama's destruction for many years to come. I fully understand that Donald Trump may ... (click for more)

Roy Exum: Hot Cars And Stuff

As of Friday afternoon, there was a one-year-old girl in Birmingham clinging to her life after she was absent-mindedly left in a parked car this week. With an outside temperature in the mid-90s, it is estimated the inside temperature in a locked automobile will be over 140 degrees so please know our Good Samaritan laws give you “a free pass” to bash a window out if you see an infant ... (click for more)