Nashville’s Jumpstart Foundry Announces Summer 2013 Class

Jumpstart Foundry,Accelerator,Nashville startup,startupsWe told you today was going to be a big day for summer startup accelerator classes. Earlier today we reported on Memphis’ highly successful medical device accelerator Zeroto510 and their summer class. Before that we reported on Techstars Boulder class for summer 2013.

Now we turn to Nashville Tennessee and the Jumpstart Foundry. This startup accelerator offers an intense program in Music City USA, that will “graduate” during the summer. Last year there were three startup accelerator demo days in Tennessee in the month of August. Gigtank, Zeroto510 and Jumpstart Foundry all had cohorts conclude their program and pitch at demo/investor day, in a succession of Thursdays.

Jumpstart Foundry supports it’s cohort with over 125 mentors and an intense program. Also as an added bonus, midway through the program the cohort will move to Nashville’s new entrepreneur center, slated to open next month.

Check out this year’s cohort.

● eVisit ­ a secure and convenient mobile platform to facilitate communications between primary care providers and patients
● Chalky ­ an e­learning video platform where experts can earn money through remote coaching and teaching
● Gun.io ­ an exclusive Elance­like marketplace to connect with the best­of­the­best open stack developers
● InvisionHeart ­ a secure mobile platform for emergency responders to communicate critical medical statistics to doctors during emergencies
● LoadTag ­ a SaaS mobile platform for trucking and freight companies
● MyMedMatch ­ a service to match underutilized specialized rehab equipment to patients who need it
● NewsBreak Media Networks ­ video­based advertising, interaction and promotion platform for gas stations and convenience store networks
● Poliana ­ an online matching service for political­based social networking and advocacy
● Rocket Link Mobile ­ a platform for SMS­based text ads that pay users to sharing them
● Zingfin ­ a financial services SaaS platform that facilitates ETF analysis

Check out these two Nashville entrepreneurs talking about the “yes mentality”

Memphis Startup ScrewPulp Launches Disruptive Self Publishing Platform

ScrewPulp,Memphis startup,startup, Seed Hatchery,AcceleratorWith one week to go in the Memphis based Seed Hatchery startup accelerator program, one of their startups, ScrewPulp, has officially launched (isn’t it nice to see real products at demo days).

Long time readers of nibletz.com, The Voice Of Startups Everywhere Else, are very familiar with ScrewPulp and it’s founder, Memphian Richard Billings. Billings comes from a wide background of creativity, and media. At one point in his career, Billings was a radio disc jockey. Throughout though, he’s been a tinkerer on a very grand scale. For instance his home has a full movie theater and he’s building arcade and pinball machines in his spare time.

So what’s ScrewPulp? It’s a way for self publishers to generate traction by trading their wares for social media mentions, reviews and ratings. In it’s simplest form the model works like this:

– Author publishes their book on ScrewPulp
– The first 25 copies are given away free
– Those people are expected to engage with the material through reviews, ratings and social media mentions
– Readers can continue to get the newest books free as long as they support the model.

After the initial free period, publishers start making money on their book. Pricing is based on how well the book was received, or sales. What’s especially nice for publishers is the platform is non-exclusive and publishers get 75% of the take.

“I want to change a broken industry,” Billings said in a statement. “Screwpulp is removing the obstacles that discourage so many authors, and empowers everyone to take control of publishing’s future.”

ScrewPulp is a product of the entire LaunchMemphis ecosystem. The idea was conceived at a 48 Hour Launch event in June of 2012. From there, ScrewPulp was one of the startups selected to compete in a Global Entrepreneurship Week challenge, which included pitching the concept to Federal Court Judge John Fowlkes. At that contest, ScrewPulp won over $5,000 in cash and prizes.


ScrewPulp founder Richard Billings pitches his startup to Federal Court Judge John Fowlkes.

It was only natural for ScrewPulp to continue iterating and preparing for launch under the development and instruction of Seed Hatchery, Memphis’ cohort based technology accelerator.

“It’s been a fun uphill battle all the way, but we have our work cut out for us after investor day next week.” Billings told nibletz.com in an interview. He’s also very excited about the progress they’ve made to date. ScrewPulp soft launched last week with four books and four authors. In just one week, and with no promotion, marketing or media they now have 23 books from 23 authors, and 250 readers signed up for the platform.

To add to that momentum, ScrewPulp’s mentor, Publishing executive Joe Wikert, will be flying into Memphis to introduce the ScrewPulp team at Seed Hatchery Investor Day next week. Wikert was the Publisher and Chair of O’Reilly Media’s Tools Of Change conference. Wikert has also had executive positions with publishing giants, Wiley and Macmillan Publishing.

You obviously like to read, so go read a book at ScrewPulp.com

Here’s ScrewPulp’s first ever pitch at 48 Hour Launch

This Memphis founder also launched her startup at 48Hour Launch and is now a finalist in the Black Enterprise Elevator Pitch Contest.

Memphis Woman Takes Her Startup Pink Robin Avenue From 48 Hour Launch To Black Enterprise Pitch Finals

Pink Robin Avenue, Memphis Startup,Danielle Inez,Black Enterprise Entrepreneur Conference,startupIn 10 days thousands of entrepreneurs will convene in Columbus Ohio for the biggest celebration of African American entrepreneurship in the country. The Black Enterprise Entrepreneur’s Conference and Expo is four days of celebrating startups, and small businesses led by some of the brightest entrepreneurs in the country.

Names like Robert Johnson (BET), Daymond John (Fubu/Shark Tank) and Magic Johnson are staples within the pages of Black Enterprise Magazine and in the halls of the conference in years past, and present.

One of the biggest attractions at the conference is the Elevator Pitch Competition. Entrepreneurs with new startups and small businesses have 60 seconds to pitch a vetting panel and if selected, a panel of judges on site at the conference. 10 semifinalists have been selected from across the country. Those semifinalists will have 60 seconds to pitch the judges. Then, they will eliminate five of the semifinalists and the remaining five will pitch the judges for 30 seconds. After the 30 second pitches, there is a Q&A session with the judges and then one entrepreneur will win $10,000 to help grow their company.

Danielle Inez, Memphis native and founder of Pink Robin Avenue, has been selected as one of the ten semifinalists. Her startup is a tech hybrid that allows users to order everything they need for the perfect party online and in one box. Their favors, decorations, theme pieces, and everything else they need for the perfect event is then delivered to their home.

Inez initially pitched the concept in Memphis at the Upstart 48 Hour Launch in December. Her idea was quickly chosen to develop out over the 48 hour hackathon. By Sunday afternoon she had won the weekend competition. Early feedback recognized how valuable Pink Robin Avenue would be, especially for busy people.

The founder is also key to the success of Pink Robin Avenue. Inez owns a PR company that specializes in high profile, luxury and celebrity events. Inez also spent part of her career as a wedding planner with exquisit taste and is incredibly organized with an eye for design, and detail that many people are just too busy to notice.

danielle2Inez is a busy woman. She spends her days tending to the details of her PR firm, diPR which includes a mixed portfolio of clients that touch the luxury world, celebrities and even non profit organizations. She spends another full time jobs’ worth of hours working on Pink Robin Avenue.

Although relatively new to the startup space, Inez has been an entrepreneur her entire life. She got a taste of entrepreneurism and non profits when she started a company focusing on mentoring with her mother. Inez put herself through college helping people plan weddings, events and eventually pivoting that business to the PR company.

Now Inez is ecstatic that a magazine that’s been inspiring her since high school has selected her in the contest. “I’m amazed! I’ve followed the contest for a couple of years and I’ve read the magazine since high school. I’m so happy to be able to represent my city and my network of entrepreneurs from the main stage.” Inez told nibletz.com in an interview.

Inez brings a well versed pitch with a bubbly personality, and she knows her stuff, but above all she’s a fierce competitor; “I’m extremely competitive, so first and foremost, I wanna win! This is also an incredible opportunity for exposure for my business and myself; I plan to plant the seed for potentially valuable connections. Last – but certainly not least – I hope to inspire someone else to step out of their comfort zone and take advantage of the platforms that can help grow their business.”

Inez is one of the founding members of Memphis’ Upstart program. Upstart is initiative set in place by Launch Your City and focuses on empowering women entrepreneurs. Elizabeth Lemmonds is the Chief Relationship Office for Launch Your City and the Director for Upstart. She’s been working closely with Inez since December.

” Ever since Danielle brought Pink Robin Avenue into the Launchpad and to our female founder 48 Hour Launch, I’ve been impressed with both her concept and her sheer tenacity. This remarkable opportunity is a testament to both. I’m proud to have worked with her and look forward to the huge things ahead for Pink Robin Avenue!” Lemmonds told us.

Inez’ Pink Robin Avenue and other startups like Mentor Me, currently accelerating in the Seed Hatchery program are a testament to the fast success Upstart Memphis has seen.

The finals for the Black Entreprise Elevator Pitch contest are bitter sweet for Inez who will miss Seed Hatchery’s Demo Day while she is pitching in Columbus at the Black Enterprise Event. “I can’t believe I’m going to miss Brittany’s pitch (Mentor Me), Brit’sbusinss has evolved into something that seems incredibly profitable”. Mentor Me was one of the other startups selected to build out at that Upstart 48 Hour Launch event where Pink Robin Avenue was born.

Here’s Pink Robin Avenue’s second ever pitch at 48 Hour Launch.

Check out Pink Robin Avenue here.

We’ve been tracking Inez and Pink Robin Avenue since day 1 find out more here at nibletz.com

 

Memphis Answers Call To Task On Women Entrepreneurs With Upstart Accelerator

Upstart Memphis, Memphis, Startups,Accelerator,Launch Your CityOn Tuesday at TechCrunch Disrupt NY 2013, Alexia Tstotsis got some of the more influential names in the tech/vc community to talk about women entrepreneurs and venture capital. David Tisch offered this tidbit in regards to what really pisses him off when VCs are talking to women. Aaref Hilaly (Sequoia) offered this opinion on why there is such a divide. Hilaly also called everyone to task to help increase the number of women entrepreneurs ready for venture funding.


While startup communities everywhere are starting to embrace and cultivate their women entrepreneurs. One startup community in particular has taken a very proactive role.

Eric Mathews, Andre Fowlkes and Elizabeth Lemmonds the team behind Launch Your City and Launch Memphis started a women’s initiative in 2012 called Upstart. Upstart is a multifaceted initiative with their latest phase coming into fruition now. It began with a meetup group, office hours for women entrepreneurs and a 48 Hour launch event for women founders.

Upstart is just one of the many startup community initiatives that Launch Your City has developed. They are also responsible for Seed Hatchery, a general tech accelerator that is two weeks away from their third graduation (demo day). Interestingly enough there are two startups in the class of six that have women founders; Boosterville and Mentor Me. A third woman entrepreneur, Rachel Hurley, started as a co-founder for one startup, Soundstache and has since segued to another team, Musistic. Hurley has always been active in the Launch Memphis startup community and took the challenge to apply to this years Seed Hatchery class.

In addition to all of this, Lemmonds, served as the moderator for the “Kick Ass Female Founders From Everywhere Else” at the everywhereelse.co inaugural conference. It was there and on a trip to Silicon Valley that Lemmonds continued to forge relationships with women entrepreneurs across the country, some of which will serve as mentors for the upcoming first session at Upstart.

The Upstart Accelerator basically starts as soon as Seed Hatchery graduates. The application deadline is May 24th and the application can be found here.Those accepted will be notified by May 31st. The session starts in Memphis at the Launch Your City Launch Pad on June 20th and runs until October 3rd.

Upstart participants will get access to the four M’s, mentors, milestones, money and Memphis. The Upstart team is encouraging women led startups from across the country and around the world to consider their program. Memphis is a great place to launch startups, cost of living is incredibly low and the startup community is close knit and growing. And YES their can be men on the team as well, but one of the cofounders must be a woman.

You can find out more here at upstartmemphis.com

See why this woman, and her husband, the founding CTO at Cha-Cha moved to Memphis for an acceleartor.

sneakertaco

Indy Couple Getting Their Grit & Grind On At Memphis’ Seed Hatchery Accelerator

Boosterville,Tom Cooper,Pam Cooper,Seed Hatchery,Memphis Startup,Indianapolis startup Memphis’ Seed Hatchery accelerator is less than a month away from demo day for their third cohort of startups. This years class has some major standouts and Boosterville is one of them.

Boosterville was founded as Sodbuster by married couple Pam and Tom Cooper. The Cooper’s hale from Indianapolis Indiana and they are the only “out of town” team for this years Seed Hatchery class. I met Pam Cooper on Brad Feld’s alternative to Hacker News, the Startup Revolution Hub. Meeting woman entrepreneurs is nothing new these days however Pam and Tom admittedly have adult children, sometimes older than the other founders on the Startup Revolution Hub, and the other founders at Seed Hatchery.

I quickly struck up an online friendship with Pam that resulted in her presenting at the startup conference and facilitated an introduction into the Seed Hatchery program.

What makes the Coopers even more interesting is that Tom is the founding CTO of Cha-Cha and has been a distinguished CTO for the last 30 years. While I wouldn’t call them “startup rich” the Cooper’s have done well. Pam founded a successful cleaning business. Tom has hit a few doubles and triples in his career. Tom enjoys flying his prop plane when he can pull away from the computer screen.

That’s what makes Cooper’s truly unique. They aren’t in the Seed Hatchery program for the seed investment (which of course helps any startup, Boosterville included), they are in it for the grit and grind and the whirlwind business training that happens during a three month, intensive accelerator program.

While Pam sometimes jokes about being the “class mom” with this year’s Seed Hatchery, they work with the best of them, until late hours of the night and back again first thing in the morning. Tom made arrangements with his development job in Indianapolis to work from Memphis every morning before working on Boosterville.

So what is Boosterville?

It’s a new platform that combines the mobile wallet with a loyalty and rewards type program that benefits local schools. Pam and Tom grew tired of neighborhood kids hitting them up with the same popcorn tins, wrapping paper and World’s Finest Chocolate bars. The school fundraiser was destined for a disruption.

Boosterville has partnered with Peabody Elementary in mid-town Memphis and merchants in the Overton Square and Cooper Young neighborhoods for their beta testing.

The Boosterville mobile app is tied in with local merchants and local schools who have agreed to give a kickback to the school of the user’s choice when they checkout with the Boosterville mobile wallet. The Cooper’s live on the cusp of new technology, and to that end, where others have used Paypal or Google Wallet for checkout, Boosterville uses fellow midwestern startup Dwolla as it’s wallet back bone.

Dwolla’s founder Ben Milne knows Tom well and is very enthusiastic about what Boosterville is doing.

Despite their age, and experience, Boosterville is treated the same way every other startup in the Seed Hatchery class is treated. They’ve been going up and down in the weekly rankings like every other startup and they went through a name change and a couple pivots during the past two months.

Boosterville will graduate from the Seed Hatchery program on demo day which is May 16th and will coincide with the Memphis in May festivities. For more info on Boosterville visit boosterville.com.

Find more startup news from the south east here.

Nashville Courting New Startup Accelerator,From Silicon Valley, Hattery!

Hattery,Entrepreneur Center, Michael Burcham,Nashville startup,startup,startup news

Hattery strategist, and Engine Advocacy co-founder Michael McGeary (photo: hattery.com)

Nashville’s Entrepreneur Centre Director, Michael Burcham, played host to Mike McGeary, a strategist with Silicon Valley innovation lab, Hattery.

Currently the Hattery has a west coast location in Silicon Valley and an east coast location in New York City. Hattery invests in early stage startups and helps the startups with support in design, engineering and business development.

If you think you’ve heard McGeary’s name before it’s because you probably have. In addition to being a strategist with Hattery, McGeary is also the co-founder and chief political strategist with Engine Advocacy a group connecting startup founders and entrepreneurs with government officials to create change in the entrepreneurial/startup space. They were recently intricate in a startup pilgrimage to congress. McGeary also worked with TuneIn and on two presidential campaigns.

Hattery is looking to take their unique model to another state and Nashville seems to have caught McGeary’s eye.

“There is a great energy here and I’ve read about it and heard about it because Nashville has been really good about talking about its success stories,” McGeary told the Nashville Business Journal during the Nashville Technology Council’s TechVille event.  He continued;  “It has been really fun and interesting to see the companies created here, how the community is being built in a really unique way. I think there is a lot of growth potential here.”

Burcham, who is one of Nashville’s biggest advocates for entrepreneurship and startups as well as the leader for Startup Tennessee, Startup America’s Tennessee region and the second region in the United States, characterized the possibility of Hattery relocating to Nashville as a “giant deal”.

“He already works with so many investors and organizations in San Francisco and Silicon Valley, so for us to have someone sitting here that has access to those places, that’s enormous,” Burcham said, who reached out to McGeary about three months ago via Twitter. “My goal is to turn that from a conversation into something real.”

Burcham is looking to overflow the new 22,000 square foot, multi million dollar entrepreneur center with as much programming and resources as possible.  The Hattery program would add another great avenue for Tennessee startups to take advantage of. Although still under wraps,we do know that there are other nationally known accelerator brands looking to partner with the new entrepreneur center when it opens in June.

If anyone can sell Nashville’s startup and entrepreneurial community it’s Burcham. He’s a salesmans salesman and with his vast experience in the startup space, coupled with his down home Nashville personality, it’s hard to not fall in love with the guy and his passion.

The team behind the Hattery is filled with Silicon Valley success stories and they’re looking to spread the wealth across the country. Their portfolio includes; Bright Funds, Cloud Physics, Zubhium, and Hipiti.

Find out more about Hattery here and the Nashville Entrepreneur Center here.

Take a tour of the new multi-million dollar 22,000 square foot Entrepreneur Center here.

sneakerupt

NTEN Honors Memphis Startup Founder Tal Frankfurt

http://seriousstartups.com/2012/11/27/memphis-startup-cloud-good-introduces-product-synagoguecloud/NTEN, the Nonprofit Technology Network,  closed out their 2013 Nonprofit Technology Conference in Minneapolis Minnesota Saturday evening. The event brings together NTEN members from across the country who’s companies use technology for the benefit of non profit organizations across the United States and globally.

Memphis based Cloud For Good, is one of those technology companies. The startup, led by Israeli native tech entrepreneur and SalesForce pro Tal Frankfurt, designs enterprise class data systems operating on the SalesForce platform specifically for non profit clients.

Some of the largest non profit organizations, churches and synagogues across the country rely on Cloud For Good to give them the same class of service that a Fortune 100 company would come to expect.

Each year NTEN recognizes entrepreneurs who go above and beyond over the course of the year to be “true NTENnies”.

This year’s honors were bestowed upon members in the format of “senior superlatives” or “most likely to’s”

Frankfurt was said to be Most likely to: “Live In The Cloud And Help You Get There”.

Tal Frankfurt, Founder and CEO of Cloud for Good, was chosen in 2010 to be one of the first Salesforce MVP Program members, an exclusive club representing the top 1% of the Salesforce community, and have maintained that status to date.

Prior to his involvement with Salesforce.com, Tal was the Director of Resource Development for an Israeli nonprofit organization that worked with at-risk immigrant youth. He was looking for tools to better manage his donors, participants, and volunteers. It was through this experience that Tal learned about Salesforce. The adoption of Salesforce into his everyday work was what sparked the inception of Cloud for Good, a Salesforce implementation partner working primarily with nonprofit and educational institutions to create and implement strategic solutions based on cloud technology.

Tal has been involved with Salesforce.com and The Salesforce.com Foundation for almost 8 years. He was the founder and leader of the Salesforce Nonprofit User Group in Israel and recently founded the first Salesforce Nonprofit User Group in Tennessee. Frankfurt is a Certified Salesforce.com Administrator and a Certified Salesforce.com Consultant.

NTEN wrote in the web version of their conference program.

We’ve got more south east startup coverage here.

Nashville: It Takes A Village, Or A Startup Community To Build An Entrepreneur Center

Entrepreneur Center,Nashville,Michael Burcham,startup,Nashville startupThe Entrepreneur Center in Nashville Tennessee is a pretty awesome space as it is right now. It sits directly across the legendary Broadway street in Nashville, from the Hard Rock Cafe. The entire second floor serves Nashville’s startups and entrepreneurs.

The current Entrepreneur Center has always been a temporary location after opening in May 2010. The center, led by Michael 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.

The space is adjacent to where one of Nashville’s biggest startups, Emma, operates. There is also an entire barn filled with smaller early stage startup companies, while the last barn will become a recreational restaurant space. “Entrepreneurs and founders working at the new Entrepreneur Center will be able to grab a beer or bowl, overlooking the river, and then get back to work” Burcham told us on Friday.

Friday afternoon we got an exclusive sneak peak and complete tour of the new space. Burcham had assembled a group of center supporters to tour the progress of the center that has just over 50 days until completion.

“We’ll make our deadline for a soft opening in June” Burcham told us during the walk through.

No entrepreneurial stone was left unturned in the design and build out of the new facility. Over $5 million dollars was raised from private and public donors, including Burcham himself who has had several exits in the medical realm.

Anyone who knows Burcham knows that he’s typically beaming and grinning when talking about Nashville’s entrepreneurial scene. During this walk through he was radiating.

The tour started at the center’s new side entrance. The first thing Burcham pointed out was manhole sized indentions in the floor. This is going to be a walk of fame for entrepreneurs who’ve committed $50,000 or more to the Entrepreneur Center. The 22,000 square foot space was covered with these indentions that will be filled out by opening day.

Burcham almost choked up when he told the group how the entire community had come together across Nasvhille and across Tennessee to get this beacon of entrepreneurship built. For example, Knoxville politician and entrepreneur Jim Haslam, father of Governor Bill Haslam, underwrote the first conference room we saw. Both Haslam’s are expected to attend the grand opening in June.

The “crow’s nest” will overlook the new cafe/coffeeshop which is an accelerator in itself (photo: NMI 2013)

The next thing Burcham talked about was the crow’s nest (pictured above). Entrepreneurs will be able to pitch investors, get mentoring, or coaching high atop where other entrepreneurs will be grabbing a cup of coffee or eating at the center’s cafe.

The cafe isn’t just a source of nourishment but it will be it’s own separate 3 month restaurant accelerator. “We’re going to take entrepreneurs with restaurant startups and let them try them out here for three months before they open their doors” Burcham said. He also showed us the kitchen which will include restaurant industrial refrigeration, heating and warming. Everything a restaurant startup would need to cook and prepare.

While Broadway is just two blocks away from the new location, having an on-site restaurant will help feed over 400 people that will work, take in a class, mentor, or coach at the Entrepreneur Center on any given day.  The fact that the restaurant concept will change every 90 days will make for great variety.

These bays will house startups and accelerators including Jumpstart Foundry and Vanderbilt’s Tech Transfer (photo: NMI 2013)

Toward the back of the building are several bays. One will be an area for Vanderbilt’s tech transfer program. Jump Start Foundry’s summer 2013 session will switch over to the new space when it opens as well. There are several other announcements forthcoming at the grand opening event. Burcham filled us in on all of them, and that back space will be buzzing.

The entire center will be filled with wall to wall glass. From the front of the learning space to the back of the startup space, people will be able to see all the way through.

Speaking of the learning space, at the current EC it’s called the “Fish bowl” at the new EC it may as well be called the “aquarium”. oer 200 will be able to sit comfortably and work in comfortable chairs with pop up desks fit for laptops or iPads. “We’ll have plenty of power, AV and wifi as well”. Burcham is making sure that every corner of the turn of the century building is fit for wifi.

The new space has several big LED monitors that will be mounted on the wall. They will show what’s going on in the education space, startup space, or that’s produced in their own inhouse AV studio.

The education side of the building will have mentor offices. These spaces can be completely closed off with a sliding glass door for privacy with openness. Some of the Entrepreneur Center’s corporate mentor partners will have permanent spots and others will be able to use shared spaces.

As for Burcham, despite spearheading this entire operation, he is taking another modest office off in the corner of the building.

The Entrepreneur Center opens June 19th and 20th and will feature several startup celebrities and Governor Bill Haslam. For more info click here.

No one covers startup news in the south like nibletz the voice of startups everywhere else.

Warner Music Exec Ping Ho Gives Important Tips For Music Startups

Music startups academy, Nashville, music startup,startup,startup tips,startups

Larry Miller, Medianet (L), Ping Ho, Warner Music Group (R) (photo: NMI 2013)

Warner Music Group’s Director of the Digital Strategy Team, Ping Ho, was in Nashville today for the Music Startup Academy. The event is meant to merge musicians, labels, lawyers, publishers and entrepreneurs working on startups that are touching the music business.

In my startup experience I’ve get to talk to a lot of startups. I’ve also sat on a few committees that have vetted startups for accelerator programs. So often I’ve met music based startups who have no idea how big the can of worms is when they want to do something with commercial music.

Ho, has been with Warner Music Group over the last 8 years, and always with the digital department. She’s been through just about the entire boom of the digital music age.

We’re going to continue to dive more into music focused startups in the future here at nibletz.com but in the mean time, at the event today Ho gave some very good advice to music startups.

First things first, in my experience, I’ve met quite a few founders who want to offer some kind of “radio” or “streaming” service and are adamant about doing their own thing and not using an API from someone like Spotify or Rdio. That may be the biggest mistake you’ll ever make.

Licensing music directly from a major label and can be very costly. Legitimizing your startup among independent artists can be a very long tail process. If you don’t have millions (and I’m not exaggerating) you may want to reconsider those Spotify API’s until you can build up traction.

Stubborn? Headstrong, oh ok you have the greatest idea in the world and want to go directly to the label then read on…

For starters Ho did say that it’s a lot easier to score a meeting or at least a chance to get your startup in front of her team than it would be for an artist to get in front of a traditional A&R. But pay attention here or you’ll blow it.

The Boy Scout Rule: Be Prepared.

Sure this is common knowledge but for Ho, and her counterparts at other labels this means.

– knowing your pitch
– knowing your market
– knowing your competition
– knowing what you need from the label
– having a white paper or deck, but they want to see both business plan and product, and in depth.

On this, here is the absolute biggest thing Ho said that will get your meeting shut down…

Have a ProtoType, DO NOT BE IN A CLOSED WORKING BETA.

Ho said that many times startups have pitched her. They get to a meeting and have set up a wonderful login for her to use to access their startup. They are happy, headstrong and proudly say, “We’re in a closed beta with 5000 users, and they love it”, “They’re using our service four hours a day each”. Then she, or an executive in her position, goes to the actual product and they’re using Warner’s music in the “beta”. Well guess what, your great idea and great startup are now stealing WMG’s product, and with 5,000 users using the service four hours a day, you’re stealing a lot of that.

The music business is going through it’s biggest fundamental change ever. An executive with Sony earlier in the program said “The album is dead, we need to find more high margin product businesses”, digital licensing is now the catalog vault.

“I’m going to rely on the artist to help build my customer base” makes Ho cringe the way that “we’re going to grow socially and organically over the first two years” makes me cringe.

Artists aren’t going to get involved until they see how your startup is impacting their bottom line. This can be a double edged sword as well because remember, the death of the album is affecting artists just as much as it is labels. They’re getting into more and more businesses, and a lot of them are digital.

So now that you’ve got all that, check out digitalmusic.org they’ll help you get to that next step.

Here are more great startup stories from Nashville.

 

Nashville’s MedSolutions Innovation Challenge Apps Close Next Week

Medsolutions,Jumpstart foundry,innovation challenge,Nashville startupMedSolutions is partnering with Nashville’s tech accelerator Jumpstart Foundry to offer one startup that has an “innovative idea to help consumers improve healthcare decisions”, the opportunity to be a full fledged member of the summer 2013 cohort.

They are taking applications from healthcare focused startups now through April 12th.

“When you combine MedSolutions’ leadership in medical cost management and Jumpstart Foundry’s program to quickly accelerate innovation, all housed in Nashville’s booming healthcare community, the opportunity for entrepreneurs who participate in the Innovation Challenge just doesn’t get much better,” said David Ledgerwood, COO of Jumpstart Foundry.

Through this program, MedSolutions will partner with selected entrepreneurs to develop and introduce new products and services that help consumers make better decisions around their utilization of the healthcare system. These innovations will allow patients to capture maximum savings and improve the overall quality of care they receive.

“Our company places a high value on entrepreneurship, and we’re always looking for new, problem- solving innovations, so this is a natural partnership for us,” said Gino Tenace, chief strategy officer for MedSolutions.

The startup selected through the Innovation Challenge will go through the same rigorous 14 week program that the other applicants selected for Jumpstart Foundry participate in.  They will also get the opportunity to present to over 400 investors at Jumpstart Foundry’s investor/demo day in August.

To get rolling on that application click here

More startup news from the midsouth can be found at siliconmidsouth.com

Memphis’ Biggest Entrepreneurial Success Story Turns 40

FedEx,Fred Smith,Entrepreneur,Memphis,Memphis startup

(photo: FedEx Facebook)

In 1970 Frederick Wallace Smith embarked on a journey that would change the way that people do business. Smith purchased controlling interest in an aircraft maintenance company called Ark Aviation Sales. In 1971 he started trading used jets and on June 18, 1971 he founded Federal Express.  He used a $4 million dollar inheritance (about $25 million today) and raised $91 million dollars in venture capital.

Along the way Smith was criticized because many though his idea about merging ground transportation and aviation to deliver packages overnight was well, crazy. Of course many present day entrepreneurs have been in the same boat.

In 1973 (40 years ago), he began offering overnight delivery services in 25 cities using a fleet of 14 Falcon 20 (DA-20) jets. The foundation for the way FedEx operates today began in 1973 in a model similar to bank clearinghouses. Packages would be brought to Memphis Tennessee and then re-routed out to their destination.

Today, FedEx Express serves 220 countries and territories around the world, and their main hub is still in Memphis Tennessee.

At age 69 Smith is still alive and well and is still at the helm of FedEx which is innovating in several other logistical spaces, while dealing with the disruption in even overnight delivery caused by new ways of communicating (the internet).  Sensor products, cloud based services and even taking over the merged FedEx Kinko’s which are now just FedEx Office stores, are helping FedEx continue to deliver on the bottom line.

In his spare time what does Smith do? He serves on boards, like Startup America. Smith is a great friend to entrepreneurs and startup ecosystems at home and across the country.

FedEx is just beginning to celebrate getting “over the hill” and of course they’re doing it with jet power.

Happy Birthday.

Jonesin for more high growth tech news from the South, Click here. 

Chattanooga’s CoLab Hosting Women’s 48 Hour Launch

CoLab,Company Lab, Chattanooga startup,tennessee startup, 48 Hour LaunchTennessee is a great state for startups. There are 9 accelerator regions across the state, that draw resources from Launch Tennessee, and one of the most active Startup America Regions.  Startup Tennessee was the second Startup America region launched two years ago.

The major accelerator hubs across the state; Memphis,Nashville, Knoxville and Chattanooga work very well together and naturally collaborate on ideas and generally help each other out.

That’s why when Memphis held the UpStart 48 Hour Launch for women in December two young women from Chattanooga joined in the festivities and pitched in all weekend long. Next weekend on April 5th, Launch Your City Chief Relationship Officer Elizabeth Lemmonds, will return the favor by taking part in the city’s first women’s 48 Hour Launch.

48 Hour Launch works very similarly to the Startup Weekend model, just a few hours shorter.

Friday April 5th, the community will gather up all the interested female entrepreneurs. At that time the women will pitch their idea to the audience. A voting process will take place and it will be decided which teams will continue on to create a business in 48 Hours.

Saturday the teams will continue to work on their startups and Sunday they will be judged. Danielle Inez, and her event in a box startup, Pink Robin Avenue, won the Memphis event back in December. Inez won a free booth at Everywhereelse.co The Startup Conference.

CoLab has put together sponsor supported prize packages of great business services for the top three teams on Sunday.

For more information click here

4.2% of venture capital funded startup deals go to women. 

Tennessee Showcasing Startups, Culture And More At Southland June 11th and 12th

Southland, Nashville startups,startup events, startup conference,startups,bonaroo,CMALaunch Tennessee and the Music City Music Council have teamed up to hold a new startup and innovation conference in Nashville in June. The conference, called Southland, butts up to two of the regions biggest music events, Bonaroo and the Country Music Association Music Festival.

This unique scheduling allows fans of both music and innovation to plan a nice 10 day trip to Nashville and enjoy a mixture of both.

Southland will feature venture capitalists and angel investors from across the country along with an extensive lineup of speakers and panelists with a firsthand knowledge of the power of innovation and its ability to transform a region’s ecosystem. Speakers include Sarah Lacy (Founder, PandoDaily), Michael Sippy (Vice President of Consumer Products, Twitter), Michael Marquez (Co-Founder, Code Advisors), KC Estenson (SVP & GM, CNN Digital), Ali Partovi (Co-Founder, Code.org), and many more from CNN, Scripps Networks Interactive, IBM and others.
“The Southeast is a hotbed for technology startups,” notes Charlie Brock, CEO of LaunchTN. “This conference is going to be the premier event for bringing together the best our region has to offer in entrepreneurs and cultural tastemakers, along with investors, technology and health care executives from around the country.”
In addition to the usual startup conference programming, like a startup village, and engaging keynotes speakers and panels, Southland will also offer a “Makers Marketplace” of southern culture featuring local musicians, BBQ pit masters, small batch distillers and southern artisans.
Unlike the national everywhereelse conference hosted in Memphis Tennesse, which highlights startups and innovation across, Southland is poised to be the largest regional conference for innovation and startups. Sandwiched in between the two major musical events, the Southland conference will offer an unheard of and very attractive cultural and innovation injection to all attendees.

Tickets are only $300, interested in attending visit southlandse.com

Nibletz provide the best startup coverage in the southeast, here’s more!

Nashville: Jumpstart Foundry Startup, Jamplify, Raises $600K

Jamplify,Nashville startup,New York Startup,Jumpstart Foundry,startup,accelerator,fundraisingOne of the highlights at the 2012 Jumpstart Foundry Demo Day in Nashville Tennessee last August, was how many startup teams actually had a product ready to go. Jamplify was one of those teams.

Jamplify crowdsources people for promoting the bands, brands and products  that they love. Rather than crowdsourcing for actual capital Jamplify is crowdsourcing for social capital and human capital, and then there’s the payoff.

Jamplify is like the kickstarter for fan based, crowd based musical promotion. As a fan of a band or a promotional ambassador you can agree to promote a band or musician. Based on your social graph and the amount of people that you actually touch with the campaigns short, trackable url you will become eligible for prizes from the band or artist you’re promoting.

What’s even cooler is you wouldn’t know it if you saw them pitch, but Jamplify was founded by two friends that met while they were coworkers in New York at Goldman Sachs. Andy Pickens and Moses Soyoola, left one of the most prestigious addresses on Wall Street and spent last summer iterating, developing, pivoting and reworking Jamplify to the product that it is today.

They’ve already started seeing great results. Business Insider reports that Jamplify was able to drive 190,000 views to a 15 year old pop stars YouTube video. What’s even more impressive is those 190,000 views were referred by 670 fans, meaning each fan drove about 280 views.

Their $600,000 round came from a number of unnamed Nashville and New York based investors and will allow the team to continue working on a product that’s been tried,proven and is developing traction.

Here’s their pitch video from the Jumpstart Foundry demo day:

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