Tech 20/20 Ranks As One Of The Top 4 U.S. Incubators, Top 6 Worldwide

Thursday, June 27, 2013

The University Business Incubator (UBI) Index based in Sweden has named the top university business incubators in the world, and Tech 20/20 was one of only four in the United States that made the list.  Tech 20/20 was ranked in the top six internationally.

The group reviewed 550 university business incubators and studied 150 incubators to determine the top incubators in the world based on their value for the ecosystem, their value for clients, and their attraction rate and past performance. Incubators in the United States that made the UBI Index Top list include Rice University & Rice Alliance for Technology and Entrepreneurship, VentureLab, the University of Buffalo Technology Incubator and Tech 20/20.

“To be recognized as one of the top incubators in the world is a milestone achievement for Tech 20/20, and when you look at how many tremendous programs are out there, it’s truly an honor to make this list,” said John Morris, president and CEO of Tech 20/20.  “For nearly two decades, our team has received enormous support from the University of Tennessee and the Oak Ridge National Laboratory, as well as many regional partners.  This recognition, along with the successful graduate businesses, reinforces that our efforts are on track.”

Historically, Tech 20/20 has assisted more than 214 companies, creating more than 1980 jobs with an average salary of $64,861 and having a payroll impact of $128,424,780.  That’s a total economic impact of over $260 million. 

Tech 20/20 celebrates the accomplishments of the client companies and acknowledges those who have reached a high level of success.  By reaching the milestone of at least one million dollars in capital raised, annual revenue or company exit, Tech 20/20 distinguishes those companies by inducting them into the Million Dollar Club.  With the assistance of Tech 20/20,  more than 35 companies have been inducted into the club. 

To see the full 2013 UBI Global List, visit: http://ubiindex.com/start/.


Scam Phone Calls Continue; IRS Identifies Five Easy Ways To Spot Suspicious Calls

The Internal Revenue Service issued a consumer alert today providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with the IRS.   These callers may demand money or may say you have a refund due and try to trick you into sharing private information. These con artists can sound convincing when they call. They ... (click for more)

CBL & Associates Properties To Pay Common And Preferred Stock Dividends

CBL & Associates Properties, Inc. Thursday announced that its Board of Directors has declared a quarterly cash dividend for the company’s Common Stock of $0.245 per share for the quarter ending Sept. 30. The dividend is payable on Oct. 15 to shareholders of record as of Sept. 30. The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the ... (click for more)

Bradley, 24, Charged In Death Of Boy, 3; Child Had Numerous Injuries After Left With Boyfriend; Mother Was In Workhouse

Justin Dale Bradley has been charged with criminal homicide in the death of a three-year-old child, who was rushed to the hospital on Wednesday and later died. Police said Dakota James Arndt had numerous injuries over his body. Authorities said Bradley, 24, is the boyfriend of the child's mother, Brianna Kwekel, who was in the Workhouse at the time. Ms. Kwekel was serving 48 ... (click for more)

Helen Burns Sharp Asks Recovery Of Legal Fees In Successful Black Creek TIF Lawsuit

Helen Burns Sharp, citizen activist who sued to try to stop a $9 million Black Creek Tax Increment Financing (TIF) and won, is seeking to have her legal expenses paid by the city and the developers. Ms. Sharp said in a court filing that her legal bills to attorney John Konvalinka are $74,427 thus far. Chancellor Frank Brown ruled in favor of Ms. Sharp, saying the Sunshine ... (click for more)

Decimating The Chattanooga Public Library

Corinne Hill claims that the library is just undergoing a normal weeding process for eliminating books.  She has bragged that she's responsible for the elimination of over 100,000 books - with more to go. "Normal" weeding is not rampant throwing away.  Yes, books go to the Friends for their sale - where they get $2 for a $75 book and thousands wind up being recycled ... (click for more)

The Many Lessons I Learned From Helen McDonald Exum

Helen McDonald Exum was my friend and mentor. As I think of her passing I can only imagine the celebration that is happening in heaven as the news of her arrival is being told. I am sure that there is a party that not only has she organized but that there is not a detail that has been left to chance. I am sure that it is the grandest of events, for you see, she has been planing ... (click for more)