Chattanooga Startup Chosen For The TENN

Wednesday, August 28, 2013

Launch Tennessee has announced the 10 companies chosen to participate in The TENN — the state’s first master accelerator program. After hearing 20 pitches at the first-ever statewide demo day yesterday, a panel of out-of-state investors chose the companies.

The TENN is comprised of:

East Tennessee – HATponics, Survature, Vendor Registry

Middle Tennessee – eClinic Healthcare, Got You In, Gun.io

West Tennessee – Health & Bliss, Mobilizer, Screwpulp, View Medical

The TENN Roadshow will take place Sept. 9 – 13, where the companies will meet with executives at some of the state’s top corporations. At each corporate visit, The TENN will present short elevator pitches, receive feedback from the executives and have time to network. They will also visit several regional accelerators to pitch, get feedback and meet more investors and business leaders.

The roadshow schedule includes visits to Eastman Chemical in Kingsport, Scripps Networks Interactive in Knoxville, BlueCross BlueShield of Tennessee in Chattanooga, the Hospital Corporation of America (HCA) in Nashville and First Tennessee and FedEx in Memphis.

“The Tennessee Roadshow is a unique opportunity for these startups to get advice from top executives at some of the state’s leading corporations,” said Charlie Brock, CEO of LaunchTN. “These meetings are a great step toward increasing corporate engagement with startups in Tennessee. We are thrilled to give The TENN this opportunity to network with and learn from such seasoned business leaders. 

Later during the master accelerator program, the members of The TENN will fly to California and the East Coast to network with entrepreneurs, investors and media. Other benefits of The TENN program include access to 40 master mentors from across Tennessee, including investors, entrepreneurs and corporate leaders; office space in the nearest regional accelerator or a subsidy for the company’s existing office space; and events that introduce the companies to high-level, industry-specific Tennessee connections.

Launch Tennessee (LaunchTN) is a public-private partnership focused on supporting the development of high-growth companies in the state of Tennessee with the ultimate goal of fostering job creation and economic growth. LaunchTN focuses on four key areas: entrepreneurship, commercialization, capital, and outreach. LaunchTN is in part funded by a grant from the State of Tennessee. Please friend LaunchTN on Facebook (www.Facebook.com/LaunchTN), Twitter (www.Twitter.com/LaunchTN), YouTube (www.YouTube.com/LaunchTN) and Flickr (www.Flickr.com/LaunchTN).


TVA Releases Draft Environmental Assessment For Johnsonville Steam Supply

The Tennessee Valley Authority has released a draft Environmental Assessment on a proposal that would allow the Johnsonville Fossil Plant site to continue to provide steam for cogeneration use after the coal plant closes. The draft study considers the environmental effects of the two alternatives under consideration: A) take no action or B) add a heat recovery steam generator ... (click for more)

Attorney General Reaches Settlement With Middle Tennessee Auto Dealer

Middle Tennessee auto dealer, Wholesale Inc., has agreed to immediately change its advertising practices and pay the State of Tennessee $50,000, Attorney General Herbert H. Slatery III announced. A Davidson County Court approved the settlement between Wholesale, Inc., the Tennessee Attorney General's Office, and the Tennessee Division of Consumer Affairs. The agreement centers ... (click for more)

Erlanger's Good Financial News Continues With $11.4 Million Profit For Past 3 Months; Profit At $25.3 Million After 9 Months

Erlanger Health System's good financial news keeps coming - with the announcement on Monday of a profit of $11.4 million for the past three months. Brit Tabor said the hospital has a profit of $25.3 million for the first nine months of the fiscal year. Kevin Spiegel, hospital president, said more good news is projected for the fourth quarter. Mr. Tabor said, "Our market ... (click for more)

Erlanger To Get $100 Million New Electronic Medical Records System

Erlanger Health System will be getting a new electronic medical records system costing just short of $100 million, Erlanger CEO and President Kevin Spiegel said Monday. He said the old Legacy IT system was the hospital's #1 dissatisfaction source. The hospital board is to be asked to approve the system, which will be paid for over several years, at the May board meeting. ... (click for more)

Time-Out On Housing PILOTs

Kudos to the? ?City Council? ?and County Commission for? ?beginning thoughtful discussions about housing PILOTs. A growing number of? ?citizens from across the political spectrum hope you? ?continue your ?good work by calling a time-out on? ?housing PILOTs until you? ?adopt policies and procedures about how these tax breaks are evaluated, monitored and enforced.  I suggest ... (click for more)

Roy Exum: Why The British Attacked

This was a pretty big week exactly 240 years ago and what happened then is really important now. The British Army, after arriving in increasing numbers seven years before, decided to launch a sneak attack on Concord, Mass., and several other towns in mid-April of 1775. Their purpose was simple: take away every gun you can find. Confiscate every weapon of any kind. It was believed ... (click for more)