Nashville Featured in CNN’s “Cities Where Startups Are Thriving”

Nashville startups,Tennessee startups,startups,startup,startup newsFor years Nashville Tennessee has been known as Music City USA. Country music starts in Nashville. This year ABC is even running an hour long drama based on country music and life in Nashville, called “Nashville”. To people from the midsouth it’s no secret that Nashville also has a thriving entrepreneurial, startup and tech scene, but now they’ve been highlighted in a piece on cnn.com called “Cities Where Startups Are Thriving”.

In 2010 the Nashville Chamber of Commerce in conjunction with the Nashville Technology Council opened the Entrepreneur Center. A team of 75 people in an “entrepreneur task force” began researching and discussing the possibility of creating a resource for Nashville entrepreneurs back in 2007, a year after a similar effort was started in Memphis Tennessee by entrepreneur Eric Mathews and Launch Your City.

The center started as an online resource, and eventually became a brick and mortar centralized location that serves as the startup and technology hub in Music City.

In May of 2010 it was announced that successful healthcare entrepreneur Michael Burcham was picked to lead the Nashville Entrepreneur Center after a six month search.

Now the community is thriving. Nashville investors have put $72 million dollars into 21 companies so far in 2012, nearly double the $38 million dollars and 8 companies they invested in in 2009.

Startups like Edo Interactive that originated in Nashville and now has offices in Nashville and Chicago, has raised over $50 million dollars in venture capital. Another startup, RentStuff, which got it’s formidable start in the Jumpstart Foundry accelerator program, housed at the Entrepreneur Center, followed in Edo Interactive’s footsteps, relocating to Chicago and leading to an acquisition first reported here at nibletz.com late last week.

Nashville is just one of 9 entrepreneurial pockets that LaunchTN is supporting with startup accelerators. The nine high growth areas include four major hubs, Memphis, Nashville, Knoxville and Chattanooga and also have five shoulder markets as well. Tennessee was the second state to formalize a Startup America region. That much entrepreneurial and startup activity in the state of  over 42,000 square miles means that no Tennessee resident is more than an hour and a half away from an entrepreneurial hub.

Linkage:

CNN’s “Cities Where Startups Thrive”

No one covers high growth tech news for the southeast like nibletz.com

Tennessee is home to the largest startup conference in the world

Memphis Startup: Cloud For Good Introduces New Product SynagogueCloud

SynagogueCloud,Cloud For Good,startup,startup newsTal Frankfurt and his CRM/Salesforce startup Cloud For Good has introduced a new product aimed to help synagogues across the country and around the world get more organized.  Cloud For Good is a consultancy and product development company that uses primarily SalesForce as it’s back bone and specifically helps non profits.

Today, CRM (Constituent Relationship Management) is shifting towards cloud computing. Instead of buying and maintaining expensive servers and software to manage constituent conversations and information, synagogues can use Web-based (“cloud”) applications to run their CRM—and receive a higher return on their social investment. More than 16,000 nonprofits and educational organizations (and 160,000 companies) are now using Salesforce to transform their operations, reduce risk, and better serve their members.

“The cloud revolution and the Salesforce platform are changing the way synagogues operate today by providing the cutting-edge technology needed to build deep and meaningful relationships with their constituents. Meet the Synagogue Cloud!” Tal Frankfurt said in a statement.

“We tailored Salesforce, one of the most powerful web based applications, to manage every touch the synagogue has with its members, board, volunteers, partners, and vendors. The application allows the synagogue’s staff to manage one list that is integrated with their website, social networks, and financial systems. This application is going to change how synagogues engage and cultivate relationships with their members,” added Frankfurt.

SynagogueCloud manages over 20 different key areas within today’s busy synagogues.

Household Tracking
Organization Tracking
Constituent Tracking
Prospect Management
Volunteer Tracking
Leadership Tracking
Education Tracking
Relationships Tracking
Activity Tracking
Membership Tracking
High Holiday Seating
Events & Classes
Honors & Aliyahs
Revenues
School Tracking
Membership Portal
Email Integration
Direct Mail
Reporting

Frankfurt and the Cloud For Good Team have incorporated every aspect of a synagogues business including social and religious functionality. There are also custom features that can be built into the system. The pricing is incredible as well.

Linkage:

Check out SynagogueCloud here

Check out Cloud for Good here

Nibletz is the voice of startups “everywhere else” here are more startup stories from “everywhere else”

The biggest startup conference of all time is this one 

Everywhereelse.co Becomes The Largest Startup Conference In The Country

everywhereelse.co, the startup conference, startup conference, startup,startups,startup events, disrupt,igniteIt’s hard to believe the headline above but it’s true. With over 1100 tickets sold and over 400 accredited vc’s and angels from across the country, who’ve already purchased tickets, by attendance everywhereelse.co is the largest startup conference in the history of startup conferences.  Less than 10% of the tickets sold zipcode to the state of Tennessee.

We’ve got attendees and startups in our Startup Village from as far away as Israel, Romania, Lithuania and Buenos Aires. Of course we have investors and startups from just about every state in the country as well.

We had 104 startups in the village. Two have upgraded to larger booths, and one is going to launch on the stage at everywhereelse.co we’ve also weeded out a few that weren’t going to be ready by February 10th. That leaves a handful of spots in the village open but they will go incredibly fast.

Startup Village startups will be eligible for three different startup contests with over $50,000 in cash and $100,000 in other prizes up for grabs.

There’s no other conference in the world that will give you this level of access to the investor community. We’ve actually been shocked at the caliber of investors coming to the conference who love the idea to increase their deal flow from outside the normal entrepreneurial and startup hubs.

We’ve got a handful of speakers that we can’t contractually reveal until ticket sales are over. We’re hoping to sell out during the month of December and let everyone know the few top shelf speakers that have already committed.

Of course we all know we’ve got Scott Case,Bill Harris,  Tracy Myers, several startup founders from YCombinator and 500 startups and many many more.

The schedule keeps on growing and the parties are even getting better. This will be one event you don’t want to miss.

Here’s the site for the conference

Here’s the link for tickets and Startup Village booth space

Launch Memphis Launches UpStart Women’s Startup Initiative And 48 Hour Launch Dec 7-9

LaunchMemphis,Upstart Memphis,48 Hour Launch,startup,startups,startup news,startup events, startup weekendLaunch Memphis, one of the key ecosystem drivers for startups in Tennessee, has launched a new initiative aimed at women entrepreneurs and startups. Getting more women engaged in startup communities is a goal that most cities are working on. Driving entrepreneurial growth among women is also a key factor in the overall health and success of an entrepreneurial ecosystem.

Launch Your City and their Memphis arm, Launch Memphis, are no strangers to the startup ecosystem. They’ve been the driving force behind Memphis’ startup and entrepreneurial growth since 2006.  Launch Memphis runs a free coworking space; The LaunchPad, curriculum based initiatives through Launch Memphis and a startup accelerator in it’s third year, Seed Hatchery.

With the success of their most recent endeavors, including playing host to over a dozen Global Entrepreneurship Week events, now is the perfect time to announce a women’s initiative.

The kick off event for the women’s initiative, dubbed “UpStart” is a 48 Hour Launch event being held December 7-9th at Emerge Memphis.  The three day hackathon style, startup launching vehicle has been so successful in Memphis, the folks in Nashville recently replicated the event for their startup community.

The UpStart 48 Hour Launch is open to both women and men to participate however the ideas pitched will be from women. These women entrepreneurs will drive their teams through 48 hours of hacking, collaborating and building a viable product.

Unlike many of the “official” Startup Weekend events, 48 Hour Launch is coupled with the existing resources of Launch Memphis and Emerge Memphis which serves as the epicenter for startup and entrepreneurial activity in the mid south.

“We recognize that the disparity between men’s and women’s high growth potential startup companies is not unique to Memphis; however, Memphis can be unique in our deliberate approach to close this gap and fuel women’s innovation and entrepreneurship”. Elizabeth Lemmonds, Chief Brand Officer at LaunchYourCity told nibletz.com

Danielle Inez, a successful PR, marketing and event planning consultant in Memphis is anxious to pitch her newest idea at the UpStart 48 Hour Launch in December. Inez was among hundreds who participated in Launch Memphis’ Risk City Field Day event last Friday as part of Global Entrepreneurship Week.

Inez took to Twitter on Tuesday to express her enthusiasm for both events.

Eric Mathews, Co-President and CEO of LaunchYourCity said: “We are making a commitment to cultivate and fund a woman led  and majority woman owned startup by the end of the first quarter of next year.  We encourage women to reach out and get involved in all levels of our platform as mentors, investors, and of course as potential founders.”

UpStart programming also includes a women’s meetup and plans on being a permanent fixture in the LaunchMemphis programming.

Linkage:

Upstart Memphis is here

Register for 48 Hour Launch, women’s edition here

No one covers high growth technology in the south east like Nibletz

Make sure you’ve got a ticket to this grand event

 

Startup First! Memphis Startups Pitch Federal Court Judge As Part Of Amazing Risk GEW Event

Screwpulp,GuildLocal,Memphis Urban Farm School,Launch Memphis,Memphis startup,startups,Judge Fowlkes, startup pitch

Memphis startup founder Rich Billings pitches ScrewPulp to Federal Court Judge John Fowlkes

For the third year running the state of Tennessee has held the most officially sanctioned Global Entrepreneurship Week (GEW) events with 91. One of those events as part of Memphis’ GEW activities is the Amazing Risk scavenger hunt.

A call was put out a month ago for startups to apply to compete in the Amazing Risk challenge. The field was narrowed down to three startups; Screw Pulp, Guild Local and the Memphis Urban Farm School. These three startups are competing for $10,000 in cash and prizes (services).

The three startups began the day at Risk City Field Day in midtown Memphis. At 10:00am all three teams were given clues to what they had to do to earn up to 1100 points. At the end of the day the team with the most points will win the prize pot.

The participants had to go to local eatery South Of Beale and pitch one of the waitresses. They also had to pitch Marvin Stockwell the Marketing Director at one of Memphis’ big social entrepreneur examples, the Church Health Center.

Finally the last clue had the teams headed to the Memphis Civic Center downtown which is the collection of state, local and federal buildings. From there they needed to interrupt President Barack Obama appointed Federal Court Judge, John Fowlkes, and again give their pitch.

Judge Fowlkes is no stranger to the Memphis entrepreneur community. His oldest son Andre Fowlkes is the Co-President of Launch Your City, the startup and entrepreneurial epicenter for Memphis Tennessee. While Judge Fowlkes was in on the contest, no one else in the courthouse was, which made the experience a bit challenging at first.

Once each of the three startups arrived in the court room, jitters and nervousness went on extra high. It’s one thing to pitch a room from of entrepreneurs and startup leaders. It’s another to pitch a sitting Federal Court Judge, in open court.

The first startup to arrive in Judge Fowlkes’ courtroom was, publishing alternative startup, Screw Pulp. Screw Pulp is a web platform that allows independent publishers to publish their books. Their book is originally given out free to a certain amount of readers who agree to review the book. After the first hundred copies are given away and reviews are accumulated ScrewPulp then begins to sell the book online in a more traditional manner.

Check out the ScrewPulp Pitch here:

Wes the founder of Memphis Urban Farm School was next to pitch in the courtoom. Judge Fowlkes and his clerks had plenty of questions for Wes.

Just before the judge’s lunch break the team from Guild Local arrived. They did a decent job of describing their startup but Judge Fowlkes still had questions.

We’re pretty sure this is a first for any startup to have to go and pitch a judge, much less a Federal court judge. Later in the day we’ll find out which team won the most points in the Risk City, Amazing Risk Challenge.

Linkage:

Launch Memphis is here

No one covers growth technology in the south east like we do

You want to come to this right?

Calling All Startups Seed Hatchery Applications Now Open! Get A Free Ticket To Everywhereelse.co

Seed Hatchery, the startup accelerator in Memphis Tennessee is looking for a few, well really a bunch of great entrepreneurs and their startups. They’re looking for the type of entrepreneurs that are committed to growing their startup long term and aren’t afraid of hard work.

Seed Hatchery is now taking applications for their third class. The cohort based accelerator will begin in February and run for three consecutive months. At the end of the session you and your company will be ready to pitch real investors for opportunities to invest in your business. In the meantime you’ll be backed by the 3M’s Money, Mentors and  a marine style bootcamp, in Memphis.

Although sometimes overlooked, Memphis is one of the most entrepreneurial minded cities in the world. Going back nearly 100 years, Memphis Tennessee was the epicenter for this little thing called “cotton” you may have heard of it. It was cotton and the cotton exchange that spurred one of the largest investment banks in history, Lehman Brothers.

Beyond that, other globally known phenomena like rock music (the blues), Elvis Presley, and R&B radio have their roots firmly planted in the Bluff City.

Is that not enough? Perhaps you’ve heard of this company that delivers packages via planes and trucks, overnight, yes FedEx was born and based  in Memphis. Holiday Inn was born in Memphis as was Serv Pro, and Autozone.

With an entrepreneurial pedigree like that you can be assured that the mentor pool for the 2013 Seed Hatchery CoHort will be stronger than most regional accelerators Seed Hatchery’s size.

Seed Hatchery was the partner for the recent Zeroto510 medical device accelerator in Memphis where 5 of the 6 teams received follow on funding of over $100,000. One of the teams went on to immediately raise over 2 million dollars. While some startup communities are still just getting started, Seed Hatchery is backed by Launch Your City which has been working on strengthening entrepreneurs and their startups for the last six years.

If you’re a Memphis area entrepreneur or in any area and ready to relocate to Memphis it’s a great place to work and a great place to build a business. Not only that, but even though the accelerator is in the thick of the winter, it’s never ver cold in Memphis.

If you’re startup is chosen to participate you’ll receive a seed investment of $15,000, access to a very strong mentor network and a strong investment community. Seed Hatchery is looking for startups that are in the area or willing to relocate for the entire 90 day cohort and stick around Memphis to tap into the investor, entrepreneurial and startup community in the region after that. To kick off your stay in Memphis TN every team and their members selected for Seed Hatchery will receive a free ticket to the three day startup extravaganza known as “everywhereelse.co The Startup Conference” where you’ll get to see the great speakers already announced and have a small group session with recent graduates from TechStars, 500Startups, The Brandery and previous graduates of Seed Hatchery.

Applying is free and the application is open now. It’s not for the faint at heart but if you’re passionate about your idea and hard working, if you’re not afraid of rolling up your sleeves this is for you.

Hit the links below.

Linkage:

Here’s the application for the 2013 Seed Hatchery cohort

Seedhatchery.com

No one brings you high growth tech news for the south east like Nibletz the voice of startups “everywhere else”

And the world famous “everywhere else conference”

 

 

Memphis Prepares For Transformation To Risk City For Global Entrepreneurship Week

Next week thousands and thousands of entrepreneurs, startup founders, developers, eco-system partners and stake holders will participate in events across the globe as part of Global Entrepreneurship Week. In fact, GEW officially kicks off later tonight as over 100 different cities get fired up over Startup Weekend.

Tennessee has a variety of activities going on across the state. One of Tennessee’s major metropolitan areas is transforming their city.

Memphis will turn itself into Risk City beginning Monday. Memphis has always been a city that turns adversity into opportunity and embraces risk as a path to progress. Just take a look at companies like FedEx, Holiday Inn and AutoZone. All three pioneers in their industry and when you look at them in the time and place they were founded, potential investors thought the entrepreneurs behind these Memphis based companies were nuts.

The same thing can be said about the blues and it’s off shoot, rock and roll music, which is often credited with starting in Memphis Tennessee.

In talking with a crazy conservative intern of sorts in Memphis it was mutually agreed upon that risk and aversion to risk were what separated the “startup founder entrepreneurs” and the “lets open a dry cleaner, entrepreneurs”. It’s that risk that is this years global entrepreneurship week theme in Memphis.

Risk City, Memphis, Global Entrepreneurship Week, GEW, Startup,Startups,entrepreneur,eventsDon’t get me wrong, Memphis has had it’s share of of big risks, not pan out in the end. That’s why there’s a gigantic pyramid in the middle of the city, and an entire island that’s all but a ghost town these days. However new risk takers, entrepreneurs and startup founders are going to be the ones to reclaim the city.

To that end, the folks at LaunchMemphis has put together some great programming for all of Memphis to see what the startup and entrepreneurial culture is like downtown.  Below are some of the activities going on in Memphis. The highlight of the week is “field day”, the Amazing Risk and a huge party all happening Friday night at Minglewood Hall in Memphis.

Also, with Risk City and Global Entrepreneurship Week kicking off, the applications for the 2013 class of Seed Hatchery are now open as well.

Pitch Perfect
Monday, November 12 from 2:00-5:00pm in the Launchpad
For those actively moving forward with their startups – like those involved with Office Hours, BOOSTcamp, 48 Hour Launch or the Launchpad – we will provide a panel of diverse experts to provide feedback on your latest pitch. Accompanying visuals like PowerPoint are encouraged.

Memphis Startup Meetup
Monday, November 12 at 6:00pm in the Launchpad
The Memphis Startup Meetup group offers a special GEW edition of their monthly meetup for anyone interested in and involved with a startup company- entrepreneurs, developers, geeks, tech enthusiasts, professionals.

Mentor Mixer
Tuesday, November 13 from 5:30-7:00pm at Alchemy
It takes a village to grow a thriving entrepreneurial ecosystem. We invite you to a casual cocktail event to learn more about the benefits of sharing your time, insights, experience and leadership with our founders and their startups.

High Octane Office Hours
Thursday, November 15 from 9:00am-3:00pm in the Launchpad
Memphis area business leaders join us in the Launchpad for an exclusive, high-powered set of one-to-one Office Hours for high growth potential startup companies. Like Pitch Perfect, these sessions are for those actively moving forward through our platform and process.

SpeedPitch
Friday, November 16 from 11:00am-1:00pm at Minglewood Hall
Similar to speed dating, LaunchMemphis introduces an event for those with fresh, bold ideas ready for some creative customer discovery. You get two minutes to pitch, then three minutes for feedback from business and community leaders. When the bell rings, you’re off to the next table!

Field Day
Friday, November 16 from 9:00am-4:00pm at Minglewood Hall
RSVP http://riskcityfieldday.eventbrite.com
Co-working facilitates conversation, collaboration and impromptu synergies- we hope your startup or organization will bring a team to our inaugural GEW Field Day. Wifi will be available, and food trucks will be around for lunch!

Field Day Mixer and Amazing Risk Finals
Friday, November 16 from 4:00pm-6:00pm

Risk City Soiree
Friday, November 16 at 8:00pm at Minglewood Hall
$5 cover, cash at door or http://riskcity.eventbrite.com
Join us at Minglewood Hall to conclude Memphis’ biggest Global Entrepreneurship Week to date, with our biggest party to date! As if a full week of activities fueling entrepreneurship and growing our innovation ecosystem wasn’t reason enough to celebrate, entertainment includes:

Finally as part of Risk City and Global Entrepreneurship week in Memphis. Anyone who attends any of the events above and brings a friend can get a FREE ticket to “everywhereelse.co The Startup Conference” just find an official Launch Memphis employee or volunteer and tell them you want your free ticket to “everywhereelse.co The Startup Conference” and introduce them to your friend and you’ve got it.

Linkage:

Launch Memphis

No one covers high growth technology in the South East, like we do

Everywhere Else conference

Memphis Entrepreneur Launches Phone & Personal Protection Startup Coyote Case

Memphis entrepreneur, Jonathan Page has just launched an Indiegogo campaign for his new startup Coyote Case. Coyote Case uniquely blends personal protection with phone protection.

Sure we’ve seen phone cases that hold pepper spray and even one that has a taser gun built in, but Page’s case is different. The Coyote Case features a 100db personal alarm which makes one heck of a noise if someone pushes the button and is being attacked. But in the infamous words of people like Billy Mays… But Wait There’s More…

With the Coyote Case there’s actually much more.

In addition to the personal protection alarm, Coyote Case has a bluetooth chip built into the case housing. It’s also integrated with a battery that will last well over a year. The BlueTooth is used to communicate with an app that’s on the smartphone.  Using the app, a user can set up an emergency list for an outgoing text message.

Combining the Bluetooth technology, GPS and SMS technology the app within the phone will send an emergency text message to those on the list. If your alarm company, or University security is set up to receive text messages you can add those folks to your emergency list as well. When the app sends out the text message it will also send out your GPS coordinates so that your ICE (In Case Of Emergency) contacts know that you need assistance and exactly where you are.

The idea came to Page after his college aged niece visited him from Nashville last year. Page’s niece had told him that she was nearly attacked while walking back to her apartment at night. When Page found this out, not only was he scared for his niece he went out searching for more information .He found some startling statistics from the Department of Justice website that he talks to us about in the interview video below.

Not only were the statistics shocking for females in general but it was revealed that girls between 18-24 were at an even higher risk. When Page found this out he immediately set out on the idea for the Coyote Case.

Page is trying to launch Coyote Case without giving up any equity to traditional venture capital investors so he’s taken to Indiegogo where you can contribute to CoyoteCase and get early access to the life saving, and phone protecting case.

Check out our video interview with Page below and the links to the Coyote Case are in the Linkage section.  Coyote Case will proudly be exhibiting at everywhereelse.co The Startup Conference, and you can too.

Here’s that video:

Linkage:

Check out Coyote Case here

Support their Indiegogo here

See them live and in person here

Stay Tuned In With Memphis Startup StayTunedIn, Pitch Video

Over the weekend we brought you the story of Memphis entrepreneur Aaron Prather and his new idea, which is now called StayTunedIn.  StayTunedIn is a new web based platform tool for publishers that allows publishers and editors to keep their finger on the pulse of their readers.

The concept is simple, in fact it’s so simple it’s one of those “Why didn’t I think of that” think of that kind of ideas, well the reason you didn’t think of it is because Prather did.

StayTunedIn is essentially a button that will automatically be placed at the end of a piece of content from a participating publisher. If you want follow up information on that particular piece of content, clicking the button will let the publisher/editor know that you want follow up and when they post a follow up story you’ll be notified.

Say you read a story about a local man that rescued people from a car wreck. Maybe you would like to know what happens next with the “hero” and the people he rescued. By clicking the button you’ll get that content.

Sure their are Google alerts and sites like reddit that offer a similar type of service however it’s not actual follow up and we all know that Google alerts can be messy. This is specific content from the same source. Now you can really keep track of a story.

On the publisher side the tool is great because it lets publishers and editors know exactly what their reading audience wants to read.

Publishing giants across the country have all echoed the same theme. For big sites like the Wall Street Journal and the New York Times, the problem isn’t readership the problem that they face is getting people to come back over and over again.

Raju Narsetti the managing editor of the Wall Street Journal’s digital network recently said:

“A promiscuous audience is our new reality. Are our news rooms ready to give them an experience worth coming back to, over and over again?”

 Larry Kilman, the Deputy CEO of The World Association Of Newspapers echoed Narsetti’s sentiment saying:
“We are not losing readers, we are losing readership. Our industry challenge is engagement. Because someone is a subscriber does not make him a loyalist.”
One major way to get readers more engaged is to give them the content that they want. With StayTunedIn publishers have a better opportunity to do just that.
While Prather worked hard over 48 Hour Launch with a team of Memphis startup community members, he said the work is just beginning. The opportunity for StayTunedIn is too large to abandon after one weekend. In fact he already has commitments from some of the bigger local publications  to try the service out when he has it up and running.
Check out his Sunday pitch video here:

Check out his Friday pitch here:

Linkage:

Sign up for updates on StayTunedIn here

More 48 Hour Launch Coverage here

What is “everywhere else” well you need to be here

Memphis SMB Green Girl Produce Ignites Startup Vs SMB Debate, But Plan Is Great For Memphis!

Green Girl Grocer,Emma Self,Memphis startup,Memphis SMB,hydroponics,48 hour launch,Launch MemphisWhile there’s been much debate in the Nibletz office and surrounding areas over the past 72 hours on whether or not this idea counted as a “startup” it’s still a good idea and a good idea for Memphis Tennessee at that.

Emma Self, pitched her “Green Girl Produce” business idea on Friday evening at LaunchMemphis’ 48 Hour Launch. 48 Hour Launch is a weekend startup hackathon. The “startup vs SMB” debate was alive and well this weekend with everyone I talked to about this business.

The debate about “Startup vs SMB” in Self’s case has NOTHING to do with technology. There is another woman in Memphis who has come up with a new way to remove acrylic nails without the harsh abrasiveness and damage to the nails that traditional methods have caused. To me, the young lady with the nail solution is a startup. Green Girl is not.

Here’s why:

While it’s become a growing trend in the last few years, there is NOTHING new about urban, vertical, hyrdoponic green houses. Hydroponic greenhouses have been sprouting up (you see what I did there) across the country and around the world for at least the last decade, possibly two. Heck, stories of people being busted growing illegal substances in green houses trace back to the early 90’s.

As I explained to Launch Memphis intern Andy Cowan, in my argument, if there were no hamburger restaurants in Memphis Tennessee, anywhere, and there were everywhere else across the world, I wouldn’t consider Memphis’ first hamburger restaurant a “startup” just a new business idea for Memphis.

Steve Blank describes the debate between “startup vs SMB” as SMB’s being lifestyle businesses and startup founders working to save the world.

I will tell you that I’m confident that Self is passionate about changing her corner of the world, Memphis TN, but still not sold on it being a startup.

So now that we’ve got that out of the way, let’s take a look at the business plan. It was a good business plan.

Self has obtained an abandoned liquor store in downtown Memphis (currently abandon business sites are abundant in downtown Memphis). There is approximately 1200 square feet of growing space in the liquor store. With a $200,000 investment Self will be able to make the necessary changes to the liquor store to accommodate her green house, and start her first cash crop.

The conversion will take about a month and after planting, she’ll be raising cash crops in two weeks, using LED technology. Self doesn’t have the $30,000 bill for the LED equipment though as she’s participating in a beta test with a new product.

In her market research Self found out that restaurants, and even the local vegetable distributors are paying upwards of $100 a pound for micro-greens.

Micro-greens are greens that chef’s are using to “make dishes pop” as garnish and extra flavoring. According to a local Chef we talked to on Sunday night, micro-greens give dishes a lot more flavor and pizaaz than say parsley but even his establishment stopped using them because of the cost.

Self can get that cost down to under $40 per pound and still produce $1 million dollars in revenue with that one location.

The community picked Green Girl Produce on Friday as one of three companies to build out over 48 Hour Launch. Self was able to connect with valuable resources in the community members that helped her with her plans.

archer>malmo, the south east PR/advertising giant was on hand all weekend. In fact a team of 6 stayed throughout to help with logos and concepts. The archer>malmo team was especially helpful to Self. They developed her logo, branding, and helped her visualize the supply chain.

Did Self do a great job this weekend. Yes! Did she utilize the resources to her and take advantage of the weekend concept Yes! Is Green Girl Produce a “startup”… Call me a “startup snob” but I don’t think so.

Check out her Sunday pitch video below. Now keep in mind that Emma is not one of those startup junkies who’s seen a hundred pitches. I think she did a heck of a job in front of the audience but she is definitely a bit nervous.

Linkage:

More 48 Hour Launch coverage here

Got your ticket yet? Come on down to Memphis

 

Memphis Entrepreneur Aaron Prather Launching New Startup This Weekend During 48 Hour Launch

It’s 48 Hour Launch time in Memphis Tennessee. This weekend entrepreneurs from across the state (and some neighboring states as well) have assembled for a weekend of launching new startups, hackathon style.

Nearly 50 entrepreneurs, developers, marketers and support people are working on three great startup ideas. The three selected ideas will work to develop those ideas over the next two days and turn them into actual viable startups. Sunday they’ll show off their new startups to the toughest judges of them all, a room full of their peers.

48 Hour Launch is a unique concept in the weekend startup hackathon. As a product of Launch Memphis, the 48 Hour Launch teams have access to continuing resources to develop their ideas, way beyond Sunday.

As a testament to that concept, Richard Billings, the founder of Memphis startup ScrewPulp, spoke to the crowd before the Friday evening pitches. Billings alternative independent publishing platform was hatched in June at Launch Memphis’ last 48 Hour Launch event. Today, Billings has staffed up and even moved the company to office space downtown. Their designer is working on the front end, a developer is working on the back end and Billings is working on developing the business and laying roots in the publishing community.

Aaron Prather, the founder of Memphis startup Stiqrd, was on hand for 48 Hour Launch. Prather is no stranger to Launch Memphis or their cohort based accelerator, Seed Hatchery. Pranther’s startup Stiqrd accelerated at Seed Hatchery two years ago.

This weekend though Prather had a great idea. He’s building a tool where online news consumers can use a widget, or browser plugin to let publishers, bloggers and writers know that they want follow up to the stories they read online.

If you’re familiar with how sites like Reddit and the hub at Startup Revolution work, you can get notified every time someone does anything with your message. Pranther wants it to be that easy, but in reverse, to let writers and publishers know, “Hey I’ll read a follow up on that”.

The idea is great for publishers, because as Prather put it, there’s guaranteed eyeballs on stories not even published yet.

Check out Pranther’s Friday pitch below:

Linkage:

More on Launch Memphis here

Check out Stiqrd Here

And EverywhereElse here

FedEx Announces $50,000 Startup/Small Business Competition

FedEx,Grant Contest,startup,startups,startup contest,memphis startupNothing screams crazy startup entrepreneur like FedEx and Fred Smith. In fact business folklore says that when Smith wrote about his idea, that eventually became the largest logistics company in the world, for a paper at Yale he got a C. Think about how crazy the idea would be in the early 70’s to connect trucks and jets to deliver packages overnight.

In recent years FedEx has begun to pay homage to Smith’s entrepreneurial roots by opening up their own FedEx labs, and sponsoring the FedEx institute of Technology at the University of Memphis, among other things.

Now the company has followed in the foot steps of other companies like Pitney Bowes, and developed a small business (read: startups) contest.

Our good friend James Dowd at Startup Memphis reports that FedEx will award a total of 6 small businesses cash prizes totaling $50,000. There’s one $25,000 grand prize and the five other businesses will receive a $5,000 prize.

The business must have less than 100 employees and crowd voting will be done through Facebook. The voting started October 1st and runs through November 24th, and it’s not too late to enter.  The winners will be announced in January.

“FedEx has long recognized that small businesses are incredibly vital to the health of both the global economy and local communities,” said T. Michael Glenn, executive vice president of Market Development at FedEx.  “Providing these grants is yet another way for FedEx to show our support for small businesses as we continue to create programs to help give them a head start and access to new opportunities.”

Linkage:

Enter the contest here

More startup news from everywhere else

Boom! And it’s on

Memphis Prepares For 48 Hour Launch October 12th-14th

48 Hour Launch, Launch Memphis, Launch Your City, Memphis startups,startup,startups,seed hatcheryWe’re just a couple of weeks away from Memphis’ next 48 hour launch. We were at the last 48 hour launch hosted by Launch Memphis at Emerge Memphis back in June. That 48 hour launch saw four teams of entrepreneurs present Happy Potty, Screw Pulp, YaDoog and LostPetCast.

Very similar to Startup Weekend, 48 Hour Launch puts a room full of entrepreneurs, designers, developers and coders together for 48 hours of hacking together a business.

Friday evening all of those registered for 48 Hour Launch will eat dinner, get to know each other and then pitch their ideas in 60 seconds or less to the room full of attendees. After all of the ideas are pitched, everyone in the audience will get a chance to vote for their favorite startup ideas. At the end of the voting process, an based on how many people are registered, ideas will be chosen that will be developed over the weekend.

Saturday teams will work on customer validation and building product. They’ll have community mentors around to answer legal questions, marketing questions and anything else they can think of.

Sunday, the teams will make their final pitches to show off the work they did over the previous 47 hours.

That’s typically where the traditional “Startup Weekend” ends. Startup Weekend events end with the judging of the final pitches. That’s not where 48 Hour Launch ends though.

After the weekend the 48 Hour Launch teams are invited to utilize the other resources from Launch 48 and it’s parent company Launch Your City.  These resources include office hours from experienced entrepreneurial and startup advisors, free office space in the drop in LaunchPad co-working space and some 48 Hour Launch teams may decide to apply to Seed Hatchery, Memphis’ cohort based accelerator.

While some “Startup Weekend” events are held in incubators and can pull resources, Launch Memphis makes 48 Hour Launch a natural introduction into the Memphis’ Startup Ecosystem.

Memphis’ Startup Ecosystem is spearheaded by the efforts of Eric Matthews, Andre Fowlkes and Elizabeth Lemmonds, the team behind Launch Your City. Matthews has been an integral part of the Memphis entrepreneur and startup scene for nearly a decade. He founded Launch Your City in 2006 and before that was a director at the FedEx Institute of Technology on the campus of the University of Memphis.

Fast forward to 2012, and while many cities are just laying roots in a startup ecosystem, Launch Your City has their Launch Memphis efforts, which often plays quarterback to many of the regions entrepreneurial and startup events. Launch Memphis also organizes meetups, runs a mentor network, a co-working space, and provides countless other resources to young, high growth potential startups.

Launch Your City also runs Seed Hatchery and collaborates with other area resources for C2 and Zeroto510 accelerator programs as well.

These twice yearly 48 Hour Launch events, serve as a great place for new entrepreneurs to get their feet wet and get exposed to all that Memphis has to offer. One of the great things about these particular events is the way that others who have participated in any of the Launch Your City programs come out to support the growing startup community.

48 Hour Launch boasts that for just $40 you can:

  • Launch brand new tech-supported companies, contributing toward our local innovation economy and creating jobs;
  • Learn by doing, experiencing firsthand entrepreneurial principles that can be applied to any endeavor or work environment;
  • Connect with like-minded and talented professionals, developing your network;
  • Play an active role in Memphis’ entrepreneurial community, volunteering your current skills while learning new ones;
  • Eat and drink well, including all meals and copious amounts of coffee and Red Bull; and
  • Be a part of something this collaborative, creative and cool?!

You don’t have to live or work in Memphis to participate in 48 Hour Launch. People from as far away as Alabama and Atlanta have come to Memphis for weekend startup hackathon events.

There’s still space left. Hit the link below

Linkage:

Register for 48 Hour Launch here

Check out our 48 Hour Launch coverage from June 2012

Check out Launch Your City here

No One covers high growth tech news for the southeast like we do, here’s more

Guest Post: Observations from a Demo Day Junkie

This guest post comes to us from Patrick Woods. Woods is a director at a>m ventures, the venture capital arm of archer>malmo a regional leader in advertising, pr and marketing. Disclosure: nibletz.com is one of a>m ventures portfolio companies.

Patrick Woods, a>m ventures, startups,startup,archer>malmo,startups

I’ve been to five six demo days already this year in my travels for a>m ventures, and many more over the past 18 months. The following points are my observations on the good, bad, and nasty of startup accelerator demo days.

No one of these points will sink your demo day ship, but taken together, when done right, these elements will help to give your teams better odds of getting to that next step on and following the big day.

The idea is to reduce the variables involved in your event in order for you to craft a  meaningful experience.

Caveats

  • These are my observations, not gospel.
  • If you’re YC or TechStars, these points apply less to you; these are for everyone else.
  • Yes, there are a lot of seemingly minute details here, but that’s the point.
  • We can all agree there’s no substitute for great companies, and none of these observations are meant as such a substitute.

In general, be mindful of your goals for demo day, and curate all experiences to achieve those goals. Some goals might include:

  • Connect investors to companies
  • Connect investors to investors
  • Strengthen your ecosystem’s network of founders, angels, VCs, services providers, and those on the periphery
  • Generate buzz at various levels by raising the visibility of early-stage activity in your region
  • There are plenty more; the point is that you should be aware of what the goals are, then align every facet of demo day to achieve each goal.


Your accelerator is a marathon, demo day is not

  • 3 hours is pushing the upper limit of peoples’ attention span.
  • Limit team intros to something really short, like, 60 seconds or less.
  • Sorry sponsors, no one cares about you. At least not anyone in the audience.


Relatedly, more pitches, less bravado, fewer speeches

  • Yes, we all get it: your city is a great place for starting up. Being a mentor is an amazing experience, and you always need more. Okay. Now let’s get on with it.
  • Remember that running an accelerator isn’t an end to celebrate, but that it’s a means to an end that will produce celebration-worthy events.
  • Everyone’s got an accelerator these days, so let’s reduce the back-patting and celebrate the big wins.
  • That said, brief updates from alumni can be a great point of pride.
  • Also, no student “idea” pitches, please. Or anything else irrelevant to investors.


Pitch quality matters

  • Stage presence, pitch structure, and pitch content are all really important.
  • The companies shouldn’t be delivering bullet-point fact transfers, but rather telling a relatable, investable story.
  • Slides should be used as visual aids, not as core components of the presentation.
  • Long before demo day, require your teams to write a script for their pitch. They don’t necessarily have to recount it verbatim onstage, but the process of formalizing their thoughts will prove invaluable.
  • Coach your teams and enlist mentors who know how to pitch, like successful founders, folks who have been onstage before, and advertising people, many of whom pitch for a living.
  • Strongly consider bringing in a speaking coach a couple of times: first at an early point and later, closer to demo day to track improvements.

Continue reading at Patrick’s Tumbler here

Linkage:

Patrick Woods’ Tumbler

Here’s some of our own demo day coverage

Are you in?