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.

Northwest Georgia’s Unemployme?nt Rate Falls To 7 Percent In October

The Georgia Department of Labor announced today that the unemployment rate in the Northwest Georgia region for October was 7.0 percent, down one-tenth of a percentage point from 7.1 percent in September. The rate in October of last year was 7.8 percent. The rate fell as more people went to work. The number of employed residents in the region rose by 1,173 to 374,971, up from ... (click for more)

Drug Take Back Scheduled For Dec. 6

Tennessee American Water, Walgreens,  the Hamilton County Coalition and the Hamilton County Sheriff Department announced that a special Drug Take Back will be Saturday, Dec. 6, from 9 a.m. to 1 p.m. The Drug Take Back will take place at two Walgreens stores that in the past have not participated.  Feedback from area residents whose homes are close to these Walgreens locations ... (click for more)

1 Dies, 1 Critically Injured In North Chattanooga House Fire

For the second time in three days, a house fire has resulted in tragedy with a 35-year-old woman dying and a man critically injured in North Chattanooga. At 10:13 a.m. on Wednesday, Chattanooga firefighters were dispatched to a reported house fire with entrapment at 220 Houser St. The first firefighters on the scene saw flames shooting out windows and part of the roof. Having ... (click for more)

Appeal Dropped In $25 Million Lawsuit Filed Against Hennen's Restaurant By Lisa Barnes

An appeal has been dropped of a Circuit Court jury verdict that found Hennen's Restaurant not at fault in a $25 million lawsuit brought by Lisa Barnes. Circuit Court officials said the appeal was "voluntarily" dropped. It had been set to be reviewed by the Tennessee Court of Appeals. The verdict in the courtroom of Judge Neil Thomas in early February came at the end of ... (click for more)

Lawlessness At Heritage Park

As a frequent visitor at Heritage Park in East Brainerd, I must say that the situation is becoming slightly out of control.  To start, parking is atrocious.  The unpaved lot contains nothing but loose gravel which has naturally given way to divots in the ground assuring you a few bumps.  Why isn't this area smoothed out?  It's not worth parking there anyways ... (click for more)

Roy Exum: Why I Am Thankful 2014

Over 40 years ago I was a young sports writer when I came up with the notion of setting daily things aside, just for one day, and writing about why “I Am Thankful.” Every Thanksgiving I come up with my list and it is as much about me as it is about my gratitude for all things great and small. I can’t imagine approaching this day in any other way. Here we go … I AM THANKFUL for ... (click for more)