UTC Startup Is First Team Selected for GIGTANK 2014

Thursday, March 27, 2014
(from left)  Robin Moldenhauer, UTC/GIGTANK Fellowship recipient; Dr. Ashish Gupta, associate professor of analytics and information systems in the UTC College of Business; and Mike Bradshaw, executive director of CO.LAB.
(from left) Robin Moldenhauer, UTC/GIGTANK Fellowship recipient; Dr. Ashish Gupta, associate professor of analytics and information systems in the UTC College of Business; and Mike Bradshaw, executive director of CO.LAB.

The University of Tennessee at Chattanooga (UTC) and The Company Lab (CO.LAB) have partnered to launch a new UTC/GIGTANK Fellowship, which will engage qualified student entrepreneurs and at least one UTC professor as participants in GIGTANK 2014.

GIGTANK is an entrepreneurial accelerator that attracts national talent to Chattanooga each year for 10-12 weeks of intensive startup development. The creation of the UTC/GIGTANK Fellowship guarantees that UTC and the Chattanooga community will have a high-prospect entrepreneurial team working on an innovative startup in the program. As a benefit of participation, all GIGTANK teams receive $15,000 in initial seed funding and an opportunity to attract additional investment from angel and private equity investors.

This year, the recipients of the UTC/GIGTANK Fellowship are Robin Moldenhauer, Kevin Ringstaff and Rupinder Kaur. They will work with Dr. Ashish Gupta, associate professor of Analytics & IS in the UTC College of Business, on a big data analytics startup for the GIGTANK Healthcare track.

“At UTC, we are proud to partner with The Company Lab on this new GIGTANK Fellowship. We fully embrace the opportunities of being Chattanooga’s GIG UNIVERSITY and the spirit of entrepreneurship that makes our community strong. Our College of Business instills this idea in its students. I have no doubt this year’s students will benefit greatly from this experience as will students from across the campus in the future,” said Jerald Ainsworth, provost and senior vice chancellor for Academic Affairs.

Students from across all of UTC’s colleges and academic disciplines will be eligible for future UTC/GIGTANK Fellowships.

Now preparing for its third iteration, GIGTANK 2014 will focus on launching businesses in the 3D printing/additive manufacturing, smart grid and healthcare industries. More than 65 startup teams and 150 specialists applied for this year’s program, marking an uptick in interest from candidates across the country. With the competitive selection process now underway, Dr. Ashish Gupta’s team is the first to be admitted into the program. CO.LAB will announce the full roster of GIGTANK teams in April.

Mike Bradshaw, executive director of CO.LAB, pointed to the UTC/GIGTANK Fellowship as another important step in the local effort to engage area students with Chattanooga’s entrepreneurial community.

“We are very excited about this new pilot program,” said Mr. Bradshaw. “The UTC/GIGTANK Fellowship represents another avenue connecting UTC with Chattanooga’s startup community, and it also symbolizes the tremendous partnership CO.LAB and GIGTANK enjoy with UTC.”

Over the last two years, UTC and CO.LAB have worked collaboratively to increase support for entrepreneurs at both the student and professional levels. Those efforts have grown to include UTC’s housing sponsorship for GIGTANK and student participation in CO.LAB events, as well as CO.LAB’s contributions to UTC’s Veteran’s Entrepreneurship Program, CEO Club and Entrepreneurship Forum, among other activities. The UTC/GIGTANK Fellowship is an extension of this work, allowing both organizations to blend their resources in ways that more closely unite Chattanooga’s educational and entrepreneurial communities.


Lee’s English Language Center To Offer Free English Classes

For the fifth year, Lee University’s Department of Language and Literature will offer free ESL classes to the community this fall through the English Language Center from Sept. 10-Nov. 19.    The English Language Center offers four levels of classes – Beginning I, Beginning II, Intermediate, and Advanced - so that students are able to focus their learning at the level ... (click for more)

LearningRx Chattanooga Partners With Chattanooga School Of Language To Provide Additional Training Center Location

In partnership with the Chattanooga School of Language, LearningRx Chattanooga is expanding its services to an additional training center location closer to downtown. The Chattanooga School of Language recently celebrated the opening of its new location at 1391 Holmes Street and is pleased to provide a space for LearningRx to have an additional training location for their students, ... (click for more)

Hutcheson Medical Center May Get Bankruptcy Trustee Who Would Focus On Sale Of Fort Oglethorpe Hospital

Hutcheson Medical Center may be headed for appointment of a bankruptcy trustee, who would focus on the sale of the financially-strapped Fort Oglethorpe hospital. An attorney told a bankruptcy court judge in Rome, Ga., on Wednesday afternoon that a buyer is discussing paying over $20 million for all the assets of the community hospital. Attorney Rob Williamson ... (click for more)

Hutcheson Medical Center Unsecured Creditors Committee Asks Trustee Be Appointed For Fort Oglethorpe Hospital; Asks Bankruptcy Not Be Dismissed

The Unsecured Creditors Committee of Hutcheson Medical Center is opposing a motion by U.S. Trustee Guy Gebhardt for a bankruptcy judge to dismiss the bankruptcy for the financially-ailing Fort Oglethorpe hospital.   Instead, the group is asking Judge Paul Bonapfel to appoint a trustee to oversee the Hutcheson finances. In a 16-page motion, the committee said if the bankruptcy ... (click for more)

Who's Responsible For East Ridge's Stadium? - And Response (2)

There just can be no excuse for East Ridge High School's stadium being in such dangerous condition that it has been condemned.   Where is responsible for this? I know there are a few other stadiums like this as well. And there is no excuse for this.  Building new and beautiful schools, state of the art technology. Top athletic facilities as well. Yet, East Ridge ... (click for more)

Roy Exum: Five Straight Days Of Football

If I covered my first high school football game as a fledging sports when I was 16 years old, and I am now 66, I figure that’s darn near about a half-century of passes and punts. The mystifying part is that I still get as big of a kick hovering around the game as I did on my very first time so as we usher in the start of the college season with five straight days of games, here ... (click for more)