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/.


Georgia Department Of Labor Helping To Recruit Textile Workers

The Georgia Department of Labor (GDOL) will help a staffing company, TiDra, Inc., recruit about 85 workers for two textile manufacturing companies in the Dalton area.  The recruitment will be held  Monday, March 9 , from  9 a.m. to 3 p.m.  at the GDOL’s Dalton Career Center, 1406 Chattanooga Avenue. The company is recruiting operators for coater ... (click for more)

EPB Fiber Optics Partners With Finley Stadium

EPB Fiber Optics has announced it will expand its service to Chattanooga’s community spaces through a multi-year partnership with Finley Stadium. “We try wherever possible to work with local businesses, and teaming up with EPB Fiber Optics, which has drawn so much positive national attention to our community with their fiber optic network, coupled with their excellent customer ... (click for more)

Council Will Consider 7 Applicants For 11th Judicial District Opening On April 9

Seven attorneys have applied for the Hamilton County Criminal Court judge position that will become vacant on  June 1,  upon the retirement of Judge Rebecca Stern. The Governor’s Council for Judicial Appointments will meet in Chattanooga on  April 9  to consider these applicants: Johnny D. Houston, Jr. Chattanooga D. Marty Lasley ... (click for more)

Case Against Red Bank Officer In Beating Of Hispanic Man To Go To Grand Jury

The Hamilton County District Attorney General’s Office has reviewed the Tennessee Bureau of Investigation report regarding Red Bank Police Officer Mark Kaylor and the case will be submitted for consideration by the Hamilton County Grand Jury next week, District Attorney Neal Pinkston. Officer Kaylor was seen on his squad car dash-cam hitting an Hispanic man seven times while ... (click for more)

Chattanooga Has Always Been A Battleground Between Good And Evil

From the thousands slain in nearby Chickamauga Battlefield during the Civil War…  To the launching point of the Cherokee Indian’s Trail of Tears…  To the lunch counter sit-ins led by Howard School students — the only high school student sit-ins in the nation — during the Civil Rights Movement…  To Walter Cronkite calling the polluted Southern industrial town ... (click for more)

Roy Exum: Our 92-Year-Old Victim

It is with great pride, and far greater relief, that I can report a “caretaker” is far different than a “boyfriend.” A story out of Memphis earlier this week morphed into a virtual fireball that had such power it appeared on the front page on a London newspaper and other news outlets all around the world when it was reported by the Associated Press a 28-year-old man had assaulted ... (click for more)