Launch Tennessee And The Blackstone Foundation Are Looking For The TENN Best Startups

Launch Tennessee, Blackstone Foundation, TENN, startups, accelerators

Just yesterday we were talking about the 9 accelerator regions in Tennessee.  Launch Tennessee is the public/private partnership that oversees those nine accelerator regions and helps promote Tennessee startups statewide. Earlier this month they announced a new initiative, cleverly called TENN, that’s looking to identify the ten top startups coming out of the Tennessee accelerators. The program will kick off August 27th with a statewide demo day.

The TENN is sponsored by the Blackstone Foundation, who we just reported yesterday announced their LaunchPad program was moving into their 5th state, Montana.

“Focusing on innovation and attracting and encouraging entrepreneurs are key economic development strategies in Tennessee,” Gov. Bill Haslam said in a statement.  “Launch Tennessee’s initiative to coordinate a statewide network of startup accelerators is an important part of our ongoing efforts and isn’t being done anywhere else in the country.  The TENN program, which is one of the most exciting projects to come out of this effort, recognizes the best and brightest of Tennessee’s entrepreneurs.  I look forward to the new ideas, partnerships and investments that will result from the program.”

Companies that have graduated from one of Tennessee’s nine regional business accelerators in the last year can apply to be one of The TENN by Aug. 2. A panel of regional and national venture capitalists and angel fund leaders will select The TENN to participate in the inaugural program. The application, a full listing of the panelists, and other program information may be accessed online.

Shortly after demo day, The TENN will leave for a statewide bus tour, where they will meet with leaders of Tennessee’s top corporations. Additionally, during the master accelerator program, The TENN companies will fly to California and the East Coast to network with venture capitalists and angel investors.

Other benefits of the TENN program include office space in the nearest regional accelerator or a subsidy for the company’s existing office space, events that connect the companies to industry-specific mentors, and high-level access to major corporations based in Tennessee.

Governor Haslam will announce The TENN at the statewide demo day, which will also include a keynote speech from John Greathouse, partner at Santa Barbara, Calif.-based Rincon Venture Partners and co-founder of RevUpNet.

“I am looking forward to participating in the upcoming TENN program, Tennessee’s statewide demo day in which the top companies from Tennessee’s accelerators join forces to network and compete,” Greathouse said in a statement. “The TENN program is an outstanding opportunity for startups that are past the initial incubator stage, but are seeking mentors, funding and other critical resources to help them achieve the next stage of success. My hope is that this unique platform spawns similar regional and statewide events targeted at assisting companies that have graduated from accelerators but have yet to reach critical mass.”

Just as it was last year, August will be a huge month for Tennessee startups. Chattanooga’s GigTank, Memphis’ ZeroTo510, and Nashville’s Jumpstart Foundry accelerators will all graduate.

You can find out more about Launch Tennessee here.

This huge startup event for startups everywhere else is also in Tennessee.

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Nashville Is Great. Ohio Is Too. This Guy Is Oblivious.

Cleveland Startup, Nashville Startup, startup, startups, Ohio, Tennessee

On Saturday, the Cleveland Plain Dealer ran a guest post by Dr. Jeffery Canter. Canter is a retired professor of molecular physiology and biophysics at Vanderbilt University Medical Center and a consultant for many healthcare startups in Nashville.

Apparently Canter lived  in Ohio before Nashville. In his piece Canter criticizes Ohio as a whole and offers a laundry list of tips to keep it’s talent, which he says Ohio is giving to Tennessee for free. All of this is based on people Canter has met who relocated to Nashville to launch their businesses. Canter makes a point that Ohio has paid for these people twice:  “First, you paid for educations that were far better than ones these new Tennesseans would have received in Nashville. Second, these productive young people removed themselves from your tax base and left you behind to pay even higher taxes.”

At Nibletz our mission is clear: to give a voice to startups everywhere else.  With offices in both Memphis and Cincinnati, we know a lot about the ecosystems of each state.

Tennessee has an impressive startup ecosystem. They were the second state region in the Startup America Partnership. There are 9 accelerator regions across the state that are administered by a public private partnership called Launch Tennessee. There are several incubator and accelerator programs, with the biggest being GigTank (Chattanooga), Jumpstart Foundry (Nashville), Seed Hatchery (Memphis), and Zeroto510 (also Memphis).

If you think there’s a lot of entrepreneurial and startup activity in Tennessee, you’re absolutely right, but some believe that Ohio has even more going on.

For starters the Brandery in Cincinnati is one of the top 10 startup accelerators in the country. Cincinnati also has the new Cintrifuse initiative, CincyTech for capital, and regularly holds events like Startup Weekend.

Traveling north, Columbus also has it’s share of exciting startup activities and initiatives. Columbus is home to not one but three accelerators; 1492, 10x, and the Founder’s Factory. TechColumbus is one of the driving forces behind the startup scene, and there are also plenty of resources for capital.

Move a little further north to Cleveland and there’s still NO shortage of startup activity. In fact the nationwide non-profit startup acceleration organization, Jumpstart Inc, is headquartered in Cleveland. Then again there’s not just one but two startup accelerators: LaunchHouse and the new FlashStarts founded by Cleveland serial entrepreneur Charles Stack.

 

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So, what makes a good ecosystem?

Gary Hardin at Knoxville startup BounceIt tweeted us the other day, after we ran Entrepreneur Magazine’s 7 best places to startup. Hardin thought that Tennessee should be on that list because there’s no income tax. Makes logical sense, right? Maybe.

As all of our readers know, during the nationwide sneaker strapped road trip, we’ve seen nearly 100 different startup ecosystems in person and are often asked where would we move if we could go anywhere. We chose Memphis, and at that time we had no idea there was no income tax in Tennessee.

When a startup chooses an accelerator or to relocate for one reason or the other, it’s typically resource or industry related. Nashville is hot for medical devices (you’re probably thinking music, but medical devices definitely prevail). If I needed help with branding, I’d move to Cincinnati; automotive, yes we’d still move to Detroit, Government relations or government sales, DC and so on.

Native Memphian Sarah Lacy penned a column just days after her trip to Nashville’s Southland conference entitled “Memo to non-Valley, non-NYC ecosystems: No one you want cares about cost of living.” And guess what, they don’t. Facebook Co-Founder Dustin Moskovitz also says he wouldn’t move somewhere just for optimized taxes. In fact he said this 13 months before Lacy’s article.

Are the Plain Dealer and Dr. Canter just oblivious to what’s going on around them in the startup space?

There are two certain things certain in life: death and taxes. In general, startups are oblivious to both.

Where ever you are, you need to make plans to attend this startup conference for startups everywhere else.

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Image credits: Nashville  Cleveland

The Anew School Gives American Boys Hope In Africa

Nashville startup, NewMe Accelerator, Memphis startup, Education, AfricaHere at Nibletz, we cover mostly high-growth technology startups. Even with a lot of noise in the space, we ultimately believe these are the ventures that are shaping our world.

But, every so often we come across a different kind of venture that we just can’t help but write about. Last month I attended the Demo Day of the Memphis edition of the NewME PopUp Accelerator. I was blown away by the great ideas and the caliber of entrepreneurs in the room. One in particular is not starting a tech company. In fact, she’s going into education, a rocky field at best. But, I was so impressed by her and her venture, I couldn’t help but share it with Nibletz readers.

Marston-1Alexandria Lee knows firsthand what it’s like to grow up struggling. The daughter of a single mom and a drug addict dad, her story could have been one of the thousands of tragedies happening in American schools every day. Except for that one teacher who challenged her to do more. Thanks to him–a transplant from Senegal–she switched to honors classes and surprised everyone by graduating not just from high school, but also from Spelman College and Harvard Law School.

Now, Nashville-based Lee has a new vision for education for African-American boys.

“9% of black males in the 8th grade can read at a proficient level,” she said in her NewME pitch. Well, obviously, that’s not acceptable.

Lee’s solution is to open a school in Ghana and transplant at-risk boys for a few years of out-of-their-element education. Besides honors-level classes, the boys will be paired with a local student to learn leadership and entrepreneurship. They will work together to devise community action plans that solve real problems in the local community. The school wants to teach African-American boys where their roots really are, not in the tragedy of slavery, but in the deserts of Africa.

“Our goal is to transform discarded youth into community leaders. Our students will come into the program underperforming. We will first catch them up, and then excel them past their classmates back home. But, more than just academic gap closure, our students will be trained in emotional competence, given the desire to serve others, and learn manhood lessons. At an early age they will become global citizens and return to their communities with broadened horizons, prepared to begin finding solutions to ills within their own communities,” Lee told me in an email.

The Anew School will receive charter school funding from the state of Tennessee, but they will also supplement with donations from private foundations. They already have some land in Ghana and will begin building soon.

Check out The Anew School on Facebook and Twitter.

Other great things happen in Memphis, like the biggest startup conference in the world for startups everywhere else.

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Does your startup have a company culture? Should It?

Bryan Clayton, GreenPal, Tennessee Startup, Guest PostDoes your startup have a company culture; should it?

Company culture is important; we all know that.  But when should it be a focus?  In the early stages of a startup? Or later on when scaling and building a team?  And what is culture, really?

Tony Hsieh has proven to the world that culture can be a competitive advantage, and credits much of Zappos’ success to its culture, and its passionate people.  Tony says, “Businesses often forget about the culture, and ultimately, they suffer for it because you can’t deliver good service from unhappy employees.”

Culture is no doubt critical to any team’s success, no matter what the size.  My concern is that I observe teams in infancy place an over emphasis on things in the name of company culture before the business fundamentals are flushed out. In the beginning, we as entrepreneurs must focus and prioritize the basics and fundamentals of creating a scalable business over trying to build a cozy culture.

Ping Pong tables, free lunch, and massages help make Google a great place to work, but these things did not make Google great in the first place.  These are the perks that help keep employees happy and a great company on top, not necessarily what propels it to greatness.

Tony Hsieh teaches us in his book “Delivering Happiness” that culture is created, protected, and maintained at the point of hire.  When Zappos interviews a new team member, they are first focusing on good cultural fit.  A classic unorthodox example: when Zappas flies you in for an interview, they will send a car service to pick you up.  The driver will naturally engage you in conversation; what you don’t know is, the driver is on the recruiting team, clandestinely interviewing you to see if you would be a good cultural fit.

With respect to culture, this is perhaps the best precaution we can make as startup entrepreneurs: to hire good fits.  The first five hires will make or break a startup, as they are co-founders in their own right.  In the Zappos fashion, we must diligently qualify them as a good fit. In his book, Hsieh talks about taking a candidate to happy hour; a few drinks will really tell you what a person is like.  If you can break bread with the person, then why hire them?  If you won’t enjoy hanging out with them socially then they won’t be a value add for culture.

Perhaps sometimes culture gets mislabeled as “perks” offered throughout an organization.  In its most potent form, culture should refer to the aligning values of the organization; do you and your team members all believe in the same things?  What is your team’s mantra?

The specifics of your team’s values are not as important as the fact of having the values engrained that align each member of that team.  This adds purpose to the mission, and passion is a product of purpose.  These are the elements by which real culture is created.

These values have to be installed at the early stages of a company, as it’s impossible to come back later and sprinkle in some culture and values into an established team.

Strong culture is created when each member of the team believes in the same things.  When that is the case, trust emerges, and when you have trust you have loyalty.  With these elements embedded in a team, no matter how big or small, there is no limit to what can be accomplished.

Bryan Clayton,is a  serial entrepreneur and the co-founder of Tennessee startup GreenPal

Do you have your ticket or Startup Village Booth for THE startup conference everywhere else?

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Chattanooga Startup QuickCue Secures Major Partnership With Mellow Mushroom

QuickCue, Chattanooga Startup,Startup,Startup News, Mellow Mushroom

We’ve seen quite a few startups that are trying to help improve the restaurant experience. There are a lot of “wait list” startups. We reported on Chicago based NoWait app just last week. The challenge for these startups is the ability to penetrate the restaurant industry, and they have to take care of the entire host stand experience, not just the wait list.

That’s how Chattanooga-based QuickCue was able to secure a deal with Atlanta-based Mellow Mushroom that spans the entire chain and future locations to come.

mellowmushroom

QuickCue is a host stand app that allows the host or hostess at a restaurant to take a guest’s name, add them to the wait list and then notify them by text message that their table is ready. This allows guests to go elsewhere while waiting. They could go to nearby shopping or even run errands. Rather than being tethered to a pager, their phone lets them know when their table is ready.

QuickCue also offers an entire suite of features and analytics for the restaurant itself. According to the Chattanooga Times Free Press, restaurants can even create customer profiles. With these profiles they can make notes on where customers like to sit, what they order, how frequently they visit, and how many people usually dine with them.

The restaurant also has a vital piece of information from every guest in the QuickCue system: their phone number. Now not only can the restaurant notify the customer when their table is ready, they can also market them deals by text message as well. What if the kitchen crashes? Now a restaurant can let the customer know there’s been a slight delay and offer them a coupon instantly for a free drink.

bounceit-sponsorThe potential for a restaurant using QuickCue is almost infinite. The startup’s attention to customer service is what made the partnership with Mellow Mushroom a natural fit.
“One of our core values is providing excellent customer service,” David Danowitz, Mellow Mushroom’s director of operations, told the Times Free Press. “Mellow fans often will drive 100 miles to get to the nearest location, so we need to deliver a quality product and an awesome guest experience every time. Quickcue has a similar approach, which made partnering with them as the exclusive provider of our host stand technology an easy decision.”

QuickCue is being installed in all 100 of Mellow Mushroom’s existing locations and will also be integrated into future locations. Mellow Mushroom plans on opening 200 new locations each year for the foreseeable future.

 

Find out why the inventor of ethernet will be in Chattanooga next month.

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Voices Heard Media Helps Brands (Including Startups) Engage Their Customers

 

Voices Heard Media, Knoxville startup, Tennessee Startup, Startups

These days, customers expect more from brands. Gone are the days when we make a purchase and walk away. Now, we often spend time and effort researching major purchases, and we care about the companies where we choose to spend our money. With the advent of social media, we have come to expect a high level of engagement with the companies we love.

Tony Runyan puts it this way: Two-way communication is no longer a luxury; it’s a necessity.

But, that engagement can be expensive and difficult for companies to maintain on their own, which is where Voices Heard Media comes in.

Voices Heard Media provides a suite of plugins that increase customer engagement. Their products include apps that handle contests/sweepstakes, trivia/quizzes, social media streams, live Q&A sessions, video polls, and conversation around a brand. They work with big names like Disney, Food Network, and Fox Sports.

Will Overstreet founded Voices Heard Media in 2007. In his former gig as an Atlanta Falcon and sports broadcaster, Overstreet noticed that a simple conversation with a fan increased the likelihood that the fan would buy a jersey, listen to a show, or tell friends and family about Overstreet’s brand. He realized that there had to be a scalable way to take that kind of interaction into the digital world.

Tony Runyan joined the company in 2008 and made the initial big sales they needed. Now the VP of Product, Runyan develops new products, among other things.

So, what can the Voices Heard Media products do?

When I ran into them at the Southland Summit last month, I recognized the Food Network site on their display computer. The company wanted to increase engagement on their site, so they had Voices Heard Media create a Q&A session with the most recent The Next Food Network Star winner. The idea was simple enough: visitors sent in questions over one week, then Aarti Sequeria answered them. But the magic happened when, after the event closed, it still continued to drive traffic and interactions on the site.

All products from Voices Heard Media work on a company’s website, mobile site, and Facebook tab. The company sees this flexibility as absolutely necessary in today’s digital world.

They may work with some of the biggest names in the country, but they also handle smaller, local-focused companies like news outlets, political campaigns, and creative agencies.

Their prices are pretty startup-friendly, too, starting at only $50 for a basic package. And they can bring the same expertise they’ve built with big brands to your new company.

Check out Voices Heard Media and see how they can help your startup engage your audience.

 

EE-FORENTREPRENEURS

NewME PopUp Finds Some Great Entrepreneurs In Memphis

NewMe Accelerator, Accelerator, Startups, Memphis

In February the NewME Accelerator announced a nationwide tour, a series of PopUp Accelerators. The program–which will visit 13 cities by the end of 2013–is sponsored by Google for Entrepreneurs.

Last weekend the PopUp Accelerator camped out in Memphis, TN. They ate a little BBQ, saw a little Beale Street, and met a lot of entrepreneurs.

And Memphis showed its best at the Sunday Demo Day. Whether they are testing for bacterial infections or selling wedding supplies, the founders were passionate and excited. Many of them already had traction and customers.

“There were so many great founders in Memphis that is was such a hard decision picking the winner . . . Additionally, the amount of talented entrepreneurs was exciting to witness, from non-profits to social enterprises to for-profit ventures we were impressed with the talent there and are looking forward to staying in close contact with them,” Angela Benton, CEO of NewME, said in an email.

So, who were those winners, and what did they win?

3rd place, with $22,000 in products and services, went to Brit Fitzpatrick of MentorMe.

2nd place, and $36,000 in products and services, went to Richard Billings of Screwpulp.

And 1st place went to Charleson S. Bell of BioNanovations. 1st prize was $46,000 in products and services and a spot in the August cohort of the full NewME Accelerator in California.

Marston-1NewME focuses on accelerating businesses founded by minorities and women. Acceptance to the program doesn’t include seed funding, but participants have access to the vast network Benton and her team have cultivated. Besides Google, that network includes Ben Horowitz and several top-ranking Twitter employees. Utilizing this network, almost all of the companies in the last 4 cohorts have raised significant funding.

The PopUp Accelerator in Memphis was sponsored by Start Co and the FedEx Institute of Technology. Start Co also runs the local accelerator the Seed Hatchery, which most recently accelerated both MentorMe and Screwpulp.

“We were happy to partner with NewMe to bring their POPUP Accelerator in Memphis, TN. I was really impressed with all the entrepreneurs that pitched and we hope to work with them going forward at Start Co,” said Eric Mathews, founder and co-president of Start Co.

There’s always something unique about hosting people from out of town. When we look at our world through the eyes of a visitor, we begin to see things differently.

That’s exactly what happened with NewME in Memphis. Seeing the excitement of the NewME team re-energized Memphis founders and pulled the ecosystem a little closer together. New founders mingled with veterans, and everyone walked away with new ideas and new energy.

I also discovered some awesome startups. Look for coverage of those exciting companies in the coming weeks.

 This huge conference for startups “everywhere else” is also in Memphis.

 

Memphis Startup Xtrant Could Be The Tumblr of Project Management

Xtrant, Memphis startup,startup,tumblrAt SXSW David Karp talked about his motivation for building Tumblr.

I tried all of the great tools that were around at the time—WordPress, Blogger—and obviously all the specialized tools—Flickr for photos and YouTube for videos—and I kept falling down. I was perfectly happy with all these tools but at the same time, constantly frustrated by the limitations imposed by all of them.

So, with that love/hate thing going on, Karp set out to iterate on the “tumblelog,” and turned it into a business worth $1.1 billion dollars (at least to Yahoo).

The guys behind project management company Xtrant feel the same way. Email, Dropbox, and chat all have their good parts, but they also all have frustrating limitations. (Missing email thread, anyone?)

Back in February, before I joined the Nibletz team, I helped a friend get ready to show her startup in everywhereelse.co’s Startup Village. In the months leading up to the conference, we used the soft launch version of Xtrant to keep our team organized and on task.

That version worked really well for us. My friend was able to upload diagrams of the booth, logos she had designed, and schedules of our milestones. We kept a running conversation on the project page, as well as a calendar for all our meetings. It was far better than 50 emails for each task.

Over the last few months, though, Xtrant has rolled out several new features that make the experience even better.

  • MEMPHIS-1Person status–Now users can see someone’s contact info and when they last visited the project page.
  • Pending/Send Reminder & Invite Permissions–You can see if someone hasn’t accepted the invite to a project yet and send them an email reminder. You can also allow other users to invite their team members.
  • Email Notifications–This is probably the biggest change to date, and one that is a huge win for UX. Previously the emails simply noted that the project had been changed. So, you had to click over, sign in, and find out if the change involved you or not. Now the emails are well-designed, with a brief rundown of the actions taken. Of course, you still click over to the page if you need to be involved, but if the changes don’t concern you, you can keep moving.
  • Coming soon: iOS and Android apps

Like Tumblr, Xtrant is iterating on many other project management systems. By making themselves both a “social media for work” and a “project/task management” platform, they are also streamlining the work experience, getting rid of a lot of the clunky-ness we deal with every day. With these new features, they could be poised to live up to their promise.

Sign your team up for Xtrant and keep an eye out for mobile apps this summer.

EE-FORENTREPRENEURS

Nashville Opens New 22,000 Square Foot Entrepreneur Center

Nashville Entrepreneur Center, Entrepreneur Center, Michael Burcham
Michael Burcham is a Nashville serial entrepreneur, angel investor, Startup Tennessee director, and Director of the Entrepreneur Center. On Thursday Burcham opened their new 22,000 square foot facility in the converted trolley barn at Rolling Mill Hill. The mayor, the governor, and Startup America founding CEO and Priceline founding CTO, Scott Case, were on hand for the opening of the new facility.

The new entrepreneur center has more space for education, collaboration, and acceleration within the walls of the 22,000 square foot building. It’s been outfitted with the technology needed to help achieve all of those goals.

The former Entrepreneur Center was always a temporary location after opening in May 2010. The center, led by  Burcham, immediately began a search for a permanent home and found it in Nashville’s creatively rich SoBro neighborhood in Trolley Barn #1 at Rolling Mill.

In addition to the new facility, the epicenter of Nashville’s startup ecosystem got a new name, sort of. They are now “The Nashville Entrepreneur Center”, thanks to a pending lawsuit from Entrepreneur Magazine which has a reputation for bullying entrepreneurial organizations that use their trademarked word in their name.

The new location is in the same park as one of Nashville’s most successful startups, Emma.

“It scales us in every direction,Burcham told the Nashville Business Journal. “It brings legitimacy to Nashville as the best place to start a business.”

The old trolley barns also serve as home to several other young companies. There are plans to build out a restaurant and possibly a bowling alley on the property that overlooks both the football stadium and the river.  Since it’s inception, the Nashville Entrepreneur Center has served as a hub for the thriving community which allows entrepreneurs to collaborate and learn from each other.

“Being with other people who are ahead of you in that process and in some ways behind you in that process, it’s sort of the crucible through which much, much better businesses go through,” Case said. “If you are not in place with a strong community … and Nashville is one of the fastest-emerging strong startup communities in the country, you tend to not have the quality of companies come out of it.”

You can find out more about the Nashville Entrepreneur Center here.

 

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Image: Facebook.com

 

 

 

5 Reasons You Wish You Could Go to the NewME PopUp Accelerator

newme1If you’ve been around the startup space for a minute, you know about accelerators. You probably know the best ones, the pros and cons of joining one, and that many people think they’re in a bubble.

Here at Nibletz, we love accelerators. Besides the wealth of information and time they give founders to grow their business, accelerators are good for the local ecosystems. With that in mind, we were super excited to find out about the NewME PopUp Accelerator. NewME is combining its world class accelerator program with another urban trend, the popup shop, and taking it around the country.

So, why should you take a weekend off to be a part of this new type of accelerator? It’s certainly not the intensive, boot camp experience that a traditional accelerator is. But, then again, we’re entrepreneurs. “Traditional” isn’t really in our vocabulary, now is it?

Here are our top 5 reasons to apply for the NewME PopUp Accelerator:

  1. Startup Coach–Each startup that is accepted will have 50 minutes 1-on-1 with a NewME coach. That’s 50 straight minutes of advice and feedback focused solely on your startup. These coaches are coming from Silicon Valley to everywhere else and letting startups in on what it takes to succeed.
  2. Master Classes–Each PopUp accelerator includes 2 Master Classes in the Art of the Pitch. From your company’s value proposition to compelling presentation skills, the experts teach it all. You will leave the weekend with a completed pitch deck and the skills you need to start pitching it.
  3. Demo Day–Yup, no accelerator is complete without a Demo Day, and NewME PopUp Accelerator has one of those, too. Local investors are on hand from each city, but there also a few special guests from the Valley. Demo Day participants could land a spot in the full 2013 NewME Accelerator in Silicon Valley. And, just in case you don’t think much can come from such a small event: DC winner Zoobean closed their first round in May.
  4. Networking–It’s true that the actual NewME PopUp program is awesome. But we all know deals don’t happen in a classroom. For 2 1/2 days, Silicon Valley experts will be in your backyard, and you can ask them ANYTHING. As great as local ecosystems are, it’s always good to get some fresh blood
  5. Cost–For less than $100, you can have access to Valley experts and decision makers, right in your hometown. In case math isn’t your thing, that’s less than the cost of a flight to California.

I know, you wish you could be one of the lucky startups selected, right? Well, the tour is just getting underway, and stops in Kansas City, Austin, and NYC are in the plans.

But, if you’re in the Southeast, Memphis is hosting a PopUp Accelerator on June 28-30, and there’s still time to register.

Use discount code MEMPHISEDU for huge discount

 

StartCo & FedEx Institute Of Technology Bringing NewMe To Memphis, Discount Codes Available

NewMe Accelerator, Memphis, Startco,FedEx Institute Of TechnologyThe NewMe accelerator program is a critically acclaimed accelerator in San Francisco that specifically targets women and minority startups and founders. They launched their Silicon Valley program in June of 2011, and recently announced an abbreviated “pop up” accelerator tour, coming to cities across the country.

The NewMe pop accelerator will make it’s way to Memphis June 28-30 and be housed at the FedEx Institue of Technology, on the campus of the University of Memphis.

The three-night event June 28-30 features one-on-one coaching from NewME experts, a two-part workshop titled “The Art of the Pitch” that will provide the secrets to a perfect pitch and standing out among other founders. The weekend culminates with “Demo Day,” a night where startups will network with key players in Memphis’ tech scene, special guests from Silicon Valley, and ultimately pitch their idea to a panel of judges that consists of local and Silicon Valley investors.

They’ve already held the pop up program in Miami and Washington DC. In fact, Zoobean, the Washington DC pop up winner, has closed a $500,000 seed round led by Mitch Kapor.

In addition to Memphis Tennessee, the NewMe Popup accelerator will also be held in Detroit, Chicago, Atlanta, Durham, Austin, New York, Kansas City, Los Angeles and Oakland.

Participants in the NewMe popup accelerator in Memphis, or on any other city stop will get one-on-one coaching from Silicon Valley business leaders, hands on workshops, and the opportunity to pitch their idea to local and Valley-based investors with the chance to win $45,000 worth of prizes from our sponsors and the opportunity to participate in the NewME Accelerator in San Francisco.

“We’re excited about NewME’s mission and the important work they are doing to accelerate entrepreneurs across the country. Our mission with Google for Entrepreneurs is to grow entrepreneurial communities and equip them with the resources and technology they need to tackle big ideas and build amazing companies,” said Mary Grove, Director of Global Entrepreneurship Outreach at Google one of the key sponsors for the NewMe Accelerator. “We’re truly excited to be teaming up with NewME to bring this series to Memphis and can’t wait to see the big ideas that come from the teams here.”

Start Co. is eager to welcome NewME to Memphis. “We’re excited that Memphis was  selected for this exclusive opportunity,” said co-president and CEO Eric Mathews. “It’s a privilege to participate as their local community partner.”

Find out more and register here for the NewMe popup accelerator in Memphis.

Use discount code MEMPHISEDU for huge discount

Are you working on your pitch deck? Check out this Pop!

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Florida Startup World Housing Solution, Quick, Strong And Green!

World Housing Solution, Orlando Startup, Florida startup,startup interview, startup video, SouthlandI gotta tell you, one of the most interesting startups I’ve seen at a startup conference is World Housing Solution. This Orlando based startup has created a way of making extremely strong, quick to build shelters out of Structural Insulated Composite Panels.  The company’s founder, Ron Ben-Zeev tells us that SICPs, are like a super strong sandwich made out of fiberglass bread and a foam center.  Ben-Zeev and his team have found a way to quickly and effectively use this material for shelter.

The SICPs make World Housing Solution shelters great for emergency needs like the aftermath of a natural disaster. They are also great for deploying in emerging countries. For instance, the scale model of the structure they showed off at Southland is actually being deployed to the horn of Africa as a hospital for women. That project calls for five of WHS’s structures to function as a maternity ward, delivery room, clinic, kitchen and rest rooms. In this case the structures deployed will be permanent but it will take days rater than weeks, months or years to get the hospital off the ground.

In addition to being extremely quick to set up the WHS shelters are hurricane resistant (up to 155mph), earthquake resistant (up to 7.8 richter), they don’t mold, mildew or rot, they’re fire resistant and bullet proof. Ultimately this makes the WHS shelters ideal for fast implementation in civilian, government and military installations.

Although he has no formal “construction” experience, Ben-Zeev is actually a Wharton educated executive with a background involving strategic consulting for Fortune 100 and 500 companies. He also served as Strategic Counsel to the North American CEO and President of Siemens Information Systems.

Check out our interview with Ben-Zeev in the video below. For more information visit worldhousingsolution.com

Here’s more of our coverage from Southland in Nashville Tennessee.

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Chattanooga Startup Skuid, The Easiest Way To Build Salesforce Pages

Skuid, Chattanooga startup, Southland, startups, Salesforce

Salesforce, the cloud-based customer relationship management platform, is feature packed and quite possibly the best way to retain customer data. There are literally thousands of features, and customizations built into the platform. For a lot of companies, the easiest way to get their employees on the platform is to scale it down or build custom Salesforce pages, apps, and UI’s based on the information relevant to that company.

Normally, building interface components can be a long, drawn-out process. Salesforce has attempted to make it easier by providing shortcuts and one click access to certain features, but there’s still quite the learning curve.

Now a Chattanooga startup called Skuid has built a drag and drop platform that allows just about anyone to quickly build customized Salesforce pages. You can take one data field and move it to wherever you need it on the interface.

The company launched four months ago and has already bulked up to a staff of 12 and moved to the Southern Saddlery building, home to some other “ramp up” companies. Nooga.com reported that the company was able to go cash flow positive without taking a venture capital investment.

“We thought when we started out that we would need investment to get launched, and we don’t need it at this point,” Ken McElrath, co-founder and president, said. “We started with in-pocket capital, and we’re already cash flow-positive. We had numbers we were trying to hit in our first quarter, and we blew those out of the water. I think we were too conservative in our growth plans.”

Skuid isn’t the only Salesforce startup to go straight to revenue in Tennessee. Memphis based Cloud For Good, a company that does SalesForce development for non-profits and religious institutions, went straight to revenue.

Check out our video interview with Skuid from The Southland Conference below. For more information visit squidify.com

 

Here’s more Southland coverage at nibletz.com

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oDesk’s Gary Swart Has Advice for Startups Everywhere Else

Gary Swart, Sarah Lacy, Odesk, Southland

The Valley has done what the Valley is good at.

So said Sarah Lacy–native Memphian and founder of PandoDaily–during her Southland fireside chat with oDesk’s Gary Swart. This is great news for entrepreneurs everywhere else. While Valley companies have spent the last 30 years focused on tech, startups everywhere else think more about solving problems in every other industry. Families, healthcare, education, logistics, publishing. The list of industries ripe for disruption and innovation could go on. And, thanks to the tech created in Silicon Valley, those companies can build right where they are.

When asked if startups could legitimately stay out of the Valley, Swart encouraged entrepreneurs to take it slowly and really weigh the options. Depending on the company, moving to a tech hub could make sense. But, services like oDesk make it easier to hire workers from anywhere, and free tools like Skype and Google docs enhance collaboration. Gone are the days when people have to move across the country to work with one company. Now, according to Swart, “Work is not a place. Work is about finding the right people.”

And the perennial struggle to find investment outside Silicon Valley?

Paul Santinelli actually addressed that issue later in the day.

Stay put. Find great talent. Tackle a big problem. The money will follow.

Easier said than done, of course. Silicon Valley is a compact space, filled to the brim with entrepreneurs and capital. “Everywhere else,” on the other hand, is vast. It can be pretty difficult to find the best people, at just the right time, and an investor willing to take the risks associated with an early stage startup.

But, if–as Lacy says–the Valley is tech and millenial-focused and that market is saturated, there is huge opportunity out there. So, how do startups around the world make it happen?

Swart has some ideas:

  1. Don’t ride the rollercoaster. Entrepreneurship is full of extreme highs and extreme lows, often both within a minute’s time. In order to keep focused, entrepreneurs should stay even-keeled throughout the process.
  2. Ideas are great, but we all know ideas aren’t everything. Your big idea needs a big market and money, followed by great execution.
  3. So, what if you have all these things, but nothing seems to happen? External validation is important. Every idea has some naysayers, but if literally NO ONE is interested in what you’re building, it probably won’t ever sell.
  4. Always stretch yourself. Lacy said that early in her career, she purposely forced herself to “jump off cliffs” to keep herself uncomfortable. It’s the only way to keep your edge.
  5. Start as narrow as you can. Pick one thing and become the best at that one thing. After establishing expertise, then you can branch out into one or two other areas.

Lacy and Swart weren’t encouraging delusions. They both talked about how hard it is to be an entrepreneur, and any founder outside Silicon Valley can list the ways it’s especially difficult. But, it seems the tide is turning. Ecosystems around the world are thriving, and more companies are tackling big problems. Throw in some of the irrational optimism we entrepreneurs are known for, and it might just be possible to build the company of your dreams after all.

Here’s more Southland coverage at nibletz.com

EE-FORENTREPRENEURS