SouthernB Archives - Page 7 of 10

Memphis Startup: HandMinder Aims To Restore Hand Movement In Stroke Victims

There are some incredible startups coming out of Memphis Tennessee and HandMinder is one of them. Handminder was part of the first class at the ZeroTo510 accelerator. Zeroto510 is the first cohort based medical device accelerator and was a joint venture between Memphis BioWorks and Seed Hatchery, the local tech startup accelerator.

HandMinder was founded by Dr. Yu Liu, MD,Phd, Randall J Nelson PhD,John M Denton, Technical Advisor & CoFounder, James Bell who currently serves as the company’s CEO.

A shocking 15 million people suffer from strokes across the globe. 12.5 million of those people survive and of those 12.5 million, 60% of them have some form of hand dysfunction after the stroke.

The devices that are currently on the market today that help rehab stroke victims’ hands deal with the problem from a total physiological perspective. The devices today allow functionality but not learned functionality. They provide localized muscular exercise but not brain function.

The HandMinder device, which fits like a glove, restores the neurological connection between the hand and the brain. The loss of hand movement in a stroke victim is a neurological problem, not just a physiological problem. By reprogramming the stroke victims brain to hand function, HandMinder closes the natural physiological loop.

Unlike other devices that address this issue, HandMinder is a take home product that allows stroke victims to rehabilitate their hands as often as they would like without having to take up extra time in their rehab clinics. It also allows them to continue their therapy while traveling, being outside and living somewhat normal lives.

When designing the HandMinder product, the team at HandMinder talked with stroke victims and their families. Because strokes are more prevalent in older patients, Handminder even talked with grandparents and grandchildren who were concerned with the way some of the medical devices looked. A lot of other devices used for this purpose, seemed somewhat scary to grandchildren which was a real concern for older patients. Handminder, while still a medical device, “looks cool”.

HandMinder presented at the ZeroTo510 demo day last month to a crowd of investors. They are currently working on their third prototype and plan to start field testing the device shortly.

Linkage:

For more info visit handminder.com

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Following In Chattanooga’s Footsteps, Kansas City Wants To Be A Destination For Startups

Last year, Chattanooga Tennessee became the first city in the country to have a 1gb fiber network that was available to all businesses and residents within a 600 square mile area. The gb fiber is the backbone to the city’s new grid so the connections automatically go to every residence and business within the footprint. It’s up to the business owner or resident whether they want to also tap that line for data, tv and phone.

Earlier this summer, Kansas City, was the first city to receive commercial 1gb fiber available to it’s residents through Google. Google offers a great introductory offer including low cost high speed internet access, 1 tb of cloud based services and even a tablet.

When Chattanooga lit up their “gig” they started calling the city “The Gig City” and immediately ramped up their efforts to promote entrepreneurism and startups across the city. They did this by increasing promotion of co.lab a coworking space, incubator and accelerator in downtown Chattanooga and by launching the first three month accelerator based on high bandwidth, rightfully called the GigTank.

Now, with their one gigabit internet in tow Kansas City is hoping to spur innovation as well.

Last week Kansas City Mayor Sly James announced the new Launch KC initiative aimed at growing small businesses and startups in Kansas City rather than just focusing on luring big business. James said “We can build Kansas City into the place, theplace, for startups to call home.”

Kansas City is calling on partnerships with existing private sector businesses to provide startups and entrepreneurs with resources like free office space and mentoring. According to Kansas City Public Media, the city plans to kick in funds to offset equipment costs and build out wifi downtown.

This seems like a good start for Kansas City but from a municipal level we’re hopeful that this is just a start.

Linkage:

More Kansas City stories from nibletz.com

Source: KCUR.org

Startups “everywhere else” have you seen this yet?

Nashville’s Griffin Technology All In On iPhone 5

While Griffin Technology hardly qualifies as a startup since it was launched in 1992, the company founded (and still remaining) in Nashville Tennessee is a driver of innovation. Griffin started out by making computer parts beginning with DB15 connectors and launching USB peripherals in 1998. However, it was the release of the original iPhone and a barrage of well designed accessories created in Nashville Tennessee that drove Griffin to “household name” status.

With the announcement of the iPhone 5 last week and the release of the device next Friday, Griffin, like the rest of us, waited with eyes glued to projectors, screens and monitors throughout their Tennessee campus, reports Nasvhille Business Journal’s Jamie McGee. Over 150 Griffin employees gathered around to watch the release of the iPhone 5, all seeing the same images that we saw thanks to live blogs and other information. They watched with pens and paper and immediately went to work on their designs.

Griffin Technology and other iPhone accessory manufacturers got a welcomed break when the last iPhone update was from the 4 to the 4S. There was no real form factor change.

“To have something happen like a complete form-factor change, like we’ve seen on the screen, means our industrial design people are going to be really, really busy for the next couple of weeks,” said Web Wester, who handles social media for Griffin told local news station WKRN.

By the next morning Griffin had a plan. About mid-morning the sent out a press release confirming that their Survivor and Protector collections along with their Reveal, Chevron, Moxy, Mustachio & Wise Eyes, Kazoo and Animal Parade lines will all be quickly updated for the new iPhone 5. The company also plans on adding some more cases to the mix as time goes on.

The iPone 5 hits Apple stores, Best Buy and carrier partner retailers on Friday. Griffin Technology hasn’t said when you’ll be able to pick up their accessories for the iPhone 5 but it should be soon. A Griffin spokesperson has also said that the power accessories the company is known for will be released for the iPhone 5 shortly. However, Apple changed the 30 pin cord design for the first time since the original iPod so those may take a little longer.

Griffin also has alumni startup founders among their ranks. The group behind Nashville Startup Evermind, a device that helps keep tabs on the elderly, all got their start at Griffin.

Linkage:

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Memphis Startup Accelerator ZeroTo510 Sets Record With Over 80% Follow On Funding In Less Than 30 Days

That headline is a true testament to the power of the cohort based ZeroTo510 startup accelerator in Memphis Tennessee. Five of the six startups in their recently graduated class received $100,000 or more in follow on funding from MB Ventures and Innova Memphis.

Four of the startups received follow on funding to continue acceleration of their businesses. Those four companies were:

BioNanovations has developed a device that uses bionanotechnology for rapid diagnosis of bacterial infection.
EcoSurg has developed an environmentally friendly alternative to traditional foam patient positioners used in surgeries.
Nanophthalmics has developed, through the use of nanotechnology, a surgical device to more effectively treat corneal abrasions.
Urova Medical has developed a minimally invasive treatment to address feminine stress urinary incontinence.

“In each case, we believe these four companies have shown the progress, the growth and proof-of-concept that were expected to move to the next phase of funding,” said Allan Daisley, director of innovation and sustainability initiatives for Memphis Bioworks Foundation and program director for ZeroTo510. “It is extremely rewarding to us as an organization, because the funding of four companies exceeds what we considered to be a measure of success when this program was launched.”

The fifth startup to receive follow on funding was Restore Medical. Restore Medical wowed the audience when Co-Founder Shawn Fynn announced during their presentation that they had already secured a purchase order valued at $3.75 million dollars pending 510k approval. In the case of Restore Medical, they decided to skip the acceleration investment and went directly to a Series A round. MB Ventures and Innova Memphis are leading that Series A round with an undisclosed investment, assumed to be more than the $100,000 Restore Medical would have received with the acceleration funds.

Handminder, a startup that has developed a rehabilitation device for people who have suffered a stroke, to regain use of their hands, did not receive follow on funding.

With an 80% success rate, by the standard of “follow on funding” Zeroto510 is the most successful accelerator in Tennessee.

Zeroto510 is a joint venture between Memphis Bioworks with cohort based accelerator programming provided by SeedHatchery a product of LaunchYourCity.

LaunchYourCity CEO & President Eric Matthews said: “The results speak for themselves. 35 companies have entered our incubators because of our efforts. EmergeMemphis has a waiting list for the first time. We have invested time and money in 12 promising startup technologies at our research institutions, two of which have started up as new companies. Over 20 companies have received pre-seed capital of $50,000 or less. Of those 8 have received follow-on capital of $100,000 or greater.”.

In addition to Zeroto510 and SeedHatchery LaunchYourCity has a sister program for independent filmmakers called “FuelFilm”. Also the local music incubator, The Memphis Music Foundation, has replicated some of the LaunchYourCity programming into their music resource offerings.

Linkage:

Check out LaunchYourCity at LaunchYourCity.com

Zeroto510 site is here

Nobody covers the Southeast like we do, more here

Nibletz is the voice of startups “everywhere else”

Atlanta Startups To Win In CTW Breakup

Earlier this summer Atlanta super angel, Sig Mosely came out of retirement. It was announced that he was joining forces with Palaniswamy Rajan to form the $25 million dollar CTW ventures fund. Mosely also participated in a $600,000 round led by Dallas Maverick’s owner and fellow super angel Mark Cuban, in Atlanta startup Badgy.. It’s unclear whether or not it was Mosely or CTW in that round.

Now, just two months after the start of CTW the partners, Mosely and Rajan are parting ways. They are divorcing over what the Atlanta Business Journal is equating to “irreconcilable differences.

Rajan prefers to go long tail on technology ventures.

“Raj much prefers to dig deep, deep, deep into the technology,” Mosley said to the Business Journal “That does not do anything for me.”

Rajan feels the same way about Mosely’s desire to invest in entrepreneurs. Mosely is more of a risk taker which is actually great for startups.

Both men will go there separate ways but that doesn’t mean Mosely is going back into retirement. Mosely is creating his own fund that will invest between $200,000 and $500,000 in entrepreneur lead startups.

Mosely is hoping that his fund will be a feeder fund for deal flow with larger firms like Menlo Park Ventures.

Prior to retiring a first time in 2010 Mosely had oversaw the investment in over 130 technology companies as the President of Imlay Investments.

Linkage:

Source: Atlanta Business Journal

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South Carolina Startup: OpenMenu Standardizing Restaurant Menu’s Online

It all started over 2 years ago in Columbia South Carolina, over a piece of “death by chocolate” cake. It was Chris Hanscom’s birthday and in like most relationships is wife asked him a simple question, “where do you want to eat tonight?”. It was Hansom’s night and he didn’t really care where he ate, but he wanted a piece of death by chocolate cake.

This search, online and through phone calls, almost brought the death of him (or perhaps his smart phone), but Hanscom was determined to find his favorite piece of cake. What he found was a mess of websites for local restaurants. Some had mobile pages, some had scaled down pages, others had flash that he couldn’t get to load, and still others had text that didn’t look right. When he went to the computer, it was much of the same. There was no consistency in the online menu.

With Hanscom’s battle with the chocolate cake, an idea for OpenMenu was born. Now what Hanscom is proposing is a daunting task and he is well aware of that. He’s hoping to make a platform attractive enough that most restaurants will streamline their menus utilizing the OpenMenu platform.

Lets make this abundantly clear though, Hanscom doesn’t have some groovy restaurant app that he wants to sign restaurants up for, he wants them to JUST streamline their menus. The framework around the websites can remain the same, the graphics are all the restaurants, however the menu part, if streamlined and then tied to an API could become a very welcomed thing for restaurant patrons, and a very lucrative startup for Hanscom.

We got a chance to interview this bold entrepreneur. Check out the interview below:

Nibletz Is At The DNC And We’re Using Nashville Startup: KiWi

The Obama Administration continued to pave the way for Startups all over the country with the creation of Startup America, the passing of the JOBSAct and many other initiatives that have been it in place to help entrepreneurs and startup founders across America.

Thats why it’s our honor to cover the Democratic National Convention in Charlotte North Carolina. We’ll be partnering with Startup America and the guys at StartpRockon.com to bring you guys everything there is about Startups at what’s sure to be one of the best DNC’s of our time.

We’ve got some great access to bring the best coverage for Startups across America.

We’ll be representing one of the best states “everywhere else” for Startups and entrepreneurs and that is Nibletz home state, the great state of Tennessee. Not only that but starting Tuesday we’ll be using one of the exciting new startups that just graduated from JumpStart Foundry’s 2012 class, KiWi,

We got off to a rough start with KiWi after their founder ad libbed at the end of his presentation. Since then KiWi and it’s co-founder Jayme Hoffman has come highly recommended by Michael Burcham, Vic Gatto and Marcus Whitney,

Hoffman and his team couldn’t catch a break after demo day as they’ve been working tirelessly since then to make sure we’ve got something great to use at the Democratic National Convention.

KiWi is like Instagram except instead of photos you are taking short videos. The UI is extreme

As for Demo Day, Hoffman had said that he would be looking for term sheets in Nashville for thirty days. It came off to me that he was giving Nashville an ultimatum, give us a term sheet in 30days or we’re leaving. That was far from the case. Hoffman was trying to convey that things have been moving so fast for the KiWi team that an opportunity for local investors to get in at the ground level may not exist in 30 days. Of course we may speed that process along this week.ly user friendly. Filter selection is topnotch and from capture to share, the experience is fast and fluid. It’s actually not nearly as clunky as SocialCam.

We’re looking forward to the next few days here in Charlotte representing our home team: LaunchMemphis,LaunchYourCity,Launch Tennessee and Startup Tennessee.

Startup Demo Day Month In Tennessee The Good, The Bad, The NSFW

August is just about over and “Demo Day Month” in the great state of Tennessee concluded last Thursday at JumpStart Foundry’s Demo Day in Nashville. It was a month that Vice President Gore should be proud of afterall nothing says innovation like inventing the internet.

Overall it was an impressive month for innovators in Tennessee. Tennessee has nine regional accelerators and groups like Launch Tennessee are paramount in keeping the statewide ecosystem flourishing and the accelerator leaders connected with each other.

“Demo Day Month” kicked off in Chattanooga Tennessee with the graduation of the GigTank. The GigTank was in its first year and actually included two simultaneous classes; entrepreneurs and students. The entrepreneurs group accelerated at Colab in downtown Chattanooga while the students accelerated at the Lamp Post Group’s offices. The classes came together on Thursday August 9th to show off their startups.

Out of all three demo days Chattanooga had the most pizzazz. They really did a great job of setting up a bunch of entrepreneurial networking events on Wednesday evening all over town. Thursday’s Demo Day event was one to be reckoned with, professional lighting, big signage, and a simulcast on the local PBS channel all helped set the stage for some great demos.

To top that off, unlike the other two demo days, Chattanooga’s GigTank featured a $100,000 cash prize for the top voted startup in the entrepreneur class (Banyan) and a $50,000 prize for the top student startup (Babel Sushi).

Chattanooga merged traditional southern hospitality with blazing fast internet. The blazing fast internet was the reason it was called “GigTank”. Chattanooga was the first city in the United States to offer 1 GB ethernet to the home and office within a 600 square mile area.

The bad: We found out late Wednesday night that the startups would actually pitch in front of the judges first thing Thursday morning and again on Thursday afternoon in front of the people. We went around in circles about it and I even spent some time with Colab Director Shelddon Grizzle, who had come up with the idea for the double pitching. Regardless of the reasoning I didn’t like it and once I knew it was happening it detracted from my view of the actual presentations.

The other downside to GigTank is that we saw a lot of slides, a lot of presentations and a lot of business plans. Unfortunately we didn’t see nearly enough working demo products. Also most of the startups said they would build scale organically and virally over the next year and make money in year two. This isn’t a practical path to scale in a market outside Silicon Valley or New York. I felt that go to market strategies needed improvement.

The NSFW: Check out this story about the first startup that presented at GigTank.

The following week we moved on to Memphis Tennessee and the Zeroto510 accelerator Demo Day. Zeroto510 is a cohort based accelerator based on medical devices. It’s a joint venture between Memphis Bioworks and Seed Hatchery.

The ZeroTo510 Demo Day was very academic in nature and top-notch professional. You could tell that all of the startups had worked extremely hard on their presentations. One of the biggest challenges that ZeroTo510 startups overcame was actually “dumbing” their presentations down so that the public and investors without medical backgrounds could understand. Luckily all of the startups were able to do that.

The startups that we really liked at ZeroTo510 Demo Day were Bionanovations and Restore Medical.

Restore Medical offers a new system for cleaning and sterilizing surgical instruments. Their system is vital as we head into Obama Care in 2014 because it helps reduce cost, but more importantly it’s more effective in the sterilization process which will drive down hospital born infection numbers. This couldn’t come at a better time. In 2014 hospitals will need to publicize and keep down their hospital born infection numbers in order to get reimbursement on the millions of extra patients that will be seeking hospital care.

One of the biggest moments at ZeroTo510’s Demo Day was when onstage Restore Medical co-founder Shawn Flynn revealed on stage that they already had a $3.75 million dollar purchase order pending their 510k approval from the FDA.

BioNanovations is the first pre-culture bacterial infection diagnosis platform. There were some shocking facts about hospitals in co-founder and CEO Charleson Bell’s presentation that echo why we like this startup so much and why it will also be crucial going into 2014.

There was no NSFW in the Zeroto510 Demo Day however the bad was definitely Urova Medical. This wet behind the ears team of entrepreneurs had great technology and did a fair job of presenting they just didn’t have the same vigor that the rest of the startups had. They immediately left Memphis to go back home and it appeared that the young student founders of Urova simply participated in the program to get $50,000 for “summer camp”. Just calling it like I see it.

Nashville’s Jumpstart Foundry has had some practice at this. They’re definitely the veteran accelerator out of the bunch and it shows. Co-Founder and Managing Director Marcus Whitney is a serial entrepreneur himself. In addition to overseeing the day-to-day at JumpStart Foundry he is also a co-founder and the CTO of startup MoonToast a social media/network management platform with a top shelf list of clients.

The theme about Whitney was echoed over and over again throughout Jumpstart’s Demo Day, and that is he’s a pull no punches take no crap kind of guy. In fact, together with Solidus Partner and Jumpstart Foundry co-founder Vic Gatto, they ran such a tight program that three startups called it quits before demo day.

The venue for the Jumpstart Foundry demo day was great, it was open, and they did a great job with lighting and ambience. The presentations showed that the startups had been working hard on refining their message for the public and potential investors. All of the presenters did a great job of talking more and relying on slides less. When slides went up on the screen they were very graphic and very easy to understand.

The entire class had great presentations. Whitney and Baker Donelson Emerging Technologies Lead Chris Sloan (also a mentor at JSF) both agreed that the most improved startup was PhotoRankr. Sloan and Whitney both commented that if any startup in this years JSF class showed what an accelerator does it was PhotoRankr.

PhotoRankr definitely topped our list of favorites at the JumpStart Foundry Demo Day. We also really liked The Skillery and their off-line workshops platform that empowers small business owners to teach classes on subjects they actually know and love.

We can’t report on JSF Demo Day without mentioning EverMind either. EverMind is a consumer monitoring system for the elderly. It works as easily as installing a “Clapper” you simply take the plug-in modules to your elderly loved ones home and hook them up to the coffee maker, television, lamp, toaster or other small electronics and it monitors their daily routine. When your loved one deviates from the routine you’re notified and you can check on them. The system gives them independence and piece of mind. It helps that it was also founded by a group of folks from Griffin Technologies, a Nashville company that makes some of the most widely known iPhone, iPad and Android accessories.

As for the NSFW, it wasn’t really NSFW it was more just ugly. The startup we liked the least at JSF was by a landslide KiWi, first off there are hundreds of other short form video services out there, can anyone say SocialCam. But the thing that drove us to even point this out was that at the end of the micromachine-man-esque presentation the founder of Kiwi actually said he would look for term sheets in Nashville for 30 days and then go somewhere else. Seemed like an F-U to the hard work that Whitney, Gatto and the entire crew at Jumpstart Foundry Demo Day put on.

It was also great that folks from Memphis like Biowork’s Allan Daisley and a>m ventures Patrick Woods were right there with us at all three demo days to support Chattanooga, Memphis and Nashville as parts of a whole “Tennessee”, the Nashville guys.. not so much.

Linkage:

More Demo Day Coverage Here

Nibletz is the voice of startups everywhere else

Street Performers Go Virtual With Nashville Startup: Street Jelly INTERVIEW

Ok so here’s a concept we’ve never seen before and it’s quite interesting. A Nashville startup called Street Jelly has put street performers online for the world to enjoy. But not only that they’ve created a system of using virtual currency called “tokens” so that you can fill up that street performers jar, guitar case, hat or bucket. Yes, any kind of street performer be it a clown, a mime, a great saxophone player, guitar player or any other street performer, can go virtual with Street Jelly.

The street performers can take the “Rocker Pins” that viewers have purchased with tokens and cash them out for real money via PayPal. Now you can sit in the comfort of your own home and watch street performers until your hearts content.

Have you ever come back from a trip and told people about a great street performer you’ve seen? Now you can take them online to Street Jelly and show them first hand.

Street performers add to most cities culture. Most street performers are actually really good and some just prefer to be street performers rather than working late night in smoky dark clubs or trying their luck at studios and record deals. Street Jelly captures the essence of great street performers and puts them online to share with the rest of the world.

This idea was born in Nashville, a city that has no shortage of street performers. In fact Nashville, because it’s Music City USA, has some of the best street performers in the world.

Street performers was founded by serial entrepreneur Frank Podlaha, who’s history with music goes way back to his childhood and playing in the drum line. He’s had some other successful startups which he talks about in the interview below.

Nashville Startup: PhotoRankr Captures The Essence Of Jumpstart Foundry

Now in their third year the cohort based startup accelerator Jumpstart Foundry, in Nashville Tennessee has ironed out a lot of kinks. We got a chance to spend some time with Marcus Whitney a co-founder at Jumstart Foundry, who also serves as the accelerator’s Managing Director. Through each of the last three cohorts Whitney has spent the most day to day time with all of the classes.

Throughout the Jumpstart Foundry demo day the theme surrounding Whitney’s role was consistent. Whitney, while a great and likable guy, means business. He’s a serial entrepreneur himself who’s founded a handful of his own successful startups. That also means he knows the struggles first hand at what a founder and a founding team at a startup goes through. That’s why he’s one of the best possible people in Nashville to serve as Jumpstart Foundry’s Managing Director.

While a three month boot-camp style accelerator can be a fun and life enriching experience, Whitney is known for telling teams like it is and establishing the ground rules on day one. He’s also known for pushing entrepreneurs to their limit. As far as the program goes there’s no bs in the selection process. Whitney told us that they don’t take teams without a technologist. We’ve seen teams at accelerators all over the country who come with an idea guy, a business development guy and no developer or coder. Often these teams blow most of their seed money on outsourcing and barely have a product ready for demo day. One of the biggest things we noticed at Jumpstart Foundry’s demo day is that all seven teams had a product up and running. No wireframes, no mock ups, no business plans, every team had a working product you could go out on the internet and try right now.

We asked Whitney along with Baker Donelson’s Emerging Business Practice Chair, Chris Sloan, what team at the Jumpstart Foundry this year, was the most improved. They both unanimously and at the same exact time said PhotoRankr. In fact they both agreed that PhotoRankr captured the essence of what a cohort style accelerator program was all about.

Whitney talked about PhotoRankr’s day one pitch. Sloan, who is a pro-amateur photographer in his s

pare time recalled thatPhotoRankr’s pitch on day one included a slide show with no photos. Who does that? A photo platform slide show with no photos.

When Sloan introduced the PhotoRankr team on Thursday he spoke very proudly letting the audience know that not only was their pitch deck filled with photos, every photo in their slide show was procured from PhotoRankr.

So what is PhotoRankr, it’s an online community for photographers. It allows photographers to chat with one another, get advice, vote pictures up and down and the biggest part, it provides a platform to sell photos. As PhotoRankr co-founder Tyler Sniff pointed out in the presentation, the stock photo resources on the internet right now are relatively weak, most have had the same images for years and the ones with great photos are way too costly.

Now, someone looking for a photo for their website, book, magazine, movie or any other use can peruse the pages of PhotoRankr and find what they need. The photographers themselves set the prices for the photos, along with the licensing terms which typically means they will be fairly priced.

Sloan recently joined PhotoRankr and wasn’t sure what to expect. He had tried most of the other photo sharing services out there, but he was excited when he started receiving emails notifying him that people had liked his photos.

As for the team itself, they work and operate like a family. That could possibly be attributed to the fact that three of the four members of the founding team are actually brothers. Tyler serves as the company’s Head of Business Development. Their CEO is Jacob Sniff who will be graduating from Princeton this year. Their third brother Matthew Sniff serves as the company’s CEO. Noah Willard, a family friend, serves as the Creative Director.

Whitney said that one of the teams keys to success throughout the program was their reaction to criticism. Rather than being head strong and ego driven, the PhotoRankr team took every piece of criticism in stride, often asked questions about what their mentors were telling them, and then sought advice immediately after making changes.

From where we stand the biggest challenge for PhotoRankr is going to be exposing the features to the market place and what sets them apart from Flickr, Photo Bucket and that product formerly known as Picassa.

When you watch the pitch video below you’ll see what a great job PhotoRankr did during the Jumpstart Foundry program:

Linkage:

Check out Photorankr here

Check out Jumpstart Foundry Here

Nibletz is the voice of startups in the southeast and everywhere else

Nashville Startup: OurVinyl’s Final Pitch From Jumpstart Foundry Demo Day VIDEO

Demo Day at Jumpstart Foundry was amazing. The class was great and miraculously every single team that presented had a working product. Of course that’s the goal behind every accelerator but we’ve been to quite a few accelerator demo days where that wasn’t the case.

So what is OurVinyl, no it’s not an online record shop for vinyl buffs. OurVinyl is actually a music video platform that encompasses the user and allows the user to curate their own channels, playlists and discovery new music. Where most music discovery startups focus on just the audio, OurVinyl is all about video.

OurVinyl has started with indie artists and other video content that you won’t find anywhere else on the web. The founders have backgrounds in video and it shows with the intuitive user experience created within OurVinyl.

The OurVinyl team has equated most of their best practices to Spotify rather than Pandora. Of course neither Spotify nor Pandora actually do video, they are both just audio only. OurVinyl is changing that by offering a streaming video platform accessible by Google TV, Apple TV, Xbox and Roku.

They have an easy to understand subscription model which guarantees you access to all of your favorite videos on the platform and customization features for your specific tastes. Many don’t realize that YouTube is one of the top places people go to source not just videos, or music videos but music itself. OurVinyl is capitalizing on that fact with their unique new platform.

In their pitch video from Jumpstart Foundry’s Demo Day, they explain exactly how the platform works and how they plan on monetizing it through advertising and subscription plans.

Another feature that’s rather new and baked into OurVinyl is not just the ability to like or not like songs and music videos themselves, but the advertising as well. After an ad unit plays you can tell OurVinyl whether you like ads like that or not. If you say “no” you won’t have to see the same ad again.

Check out their pitch video below:

Linkage:

Check out OurVinyl here at ourvinyl.tv

Here’s more Demo Day coverage

Nibletz is the voice of startups in the southeast and “everywhere else”

Chattanooga Startup: Nudge Gamifies Workplace & Daily Wellness INTERVIEW

While we were in Chattanooga covering their big GigTank Demo Day we ran into Mac Gambill the co-founder of Chattanooga startup Nudge. We were fascinated by the idea of a workplace wellness app, essentially gamifying employee wellness.

Employee wellness can be costly for employers and employees. An unhealthy workforce can lead to employee absenteeism, low employee morale, a rise in health insurance premiums and more. Employee wellness affects the employees themselves, the employer and the other employees in any office. Spending 8-12 hours a day with sick people, down people or just people not well, isn’t any fun and pinches on the budget.

Employees with fulltime jobs that don’t work at a plush Silicon Valley or New York City office with iPad docks on exercise bikes, often times find themselves behind the desk for hours on end. Cutting back on coffee or deciding to forego that chocolate bar or lose that M&M jar on a desk, may help improve your wellness.

In fact Matt S. who participated in the nudge beta said he lost 13 lbs and was able to cut out caffeine (not just coffee) completely. Imagine how life would be if you could cut out caffeine completely.

But nudge isn’t about just workplace wellness, it’s your personal cheerleader throughout your day. Nudge isn’t about changing your lifestyle a lot or a completely new exercise regimen it’s about highlighting the things you’re doing well, rewarding you for doing good things for your body and your wellness and sharing them with friends and co-workers.

We got a chance to follow-up with Gambill in the interview below.

Memphis Startup: EcoSurg Pitches At Zero To 510 Demo Day

Every startup that has participated in an accelerator program wants to change the world. Some founders verbalize that they wantto change the world while others just think it. Well the six startups that participated in the inaugural class at Zero To 510, a cohort based medical device accelerator in Memphis Tennessee, are doing it.

Every startup that presented at Zero To 510’s demo day has developed to solve problems in the medical space. EcoSurg is one of those startups.

There is an environmental problem that stems from just about every surgical procedure, every day. Most surgeries use medical positioners which are foam devices that are designed to position patients in ways that are both safe, and the most convenient for doctors. These foam positioners keep legs propped up, arms propped up, patients on their side and other positions so that the surgeons have better access to the surgery site.

According to EcoSurg CEO Ray Randall, over 20 million surgical procedures per year use these foam positioners. This of course creates tons of non biodegradable waste. Specifically these foam positioners contain petroleum-based derivatives. Not only are these medical positioners harmful for the environment, but because of that, they cost more in disposal which is passed down to the customer/patient.

Randall’s company EcoSurg has developed a new line of patient positioners which are manufactured using alternative foam comprised of soybean-based composites.

With Obama Care coming into play in 2014, the amount of surgeries is going to increase significantly. EcoSurg’s medical positioners will help hospitals cut down on costs and help the environment in the process.

Check our Randall’s pitch video from Zero To 510 Demo Day below:

Linkage:

Find EcoSurg on the web here

See more of our Zero To 510 Demo Day Coverage Here

Nibletz is on a sneaker-strapped nationwide startup roadtrip here

Two Down One To Go: Nashville’s JumpStart Foundry Prepares For Demo Day

Last week we were in Chattanooga Tennessee for GigTank. GigTank was the first ever accelerator focused on startups building around 1 GB ethernet. Chattanooga was the first city in the United States with one gigabit fiber optic internet to every home and business in a 600 square mile radius. They beat Kansas City, who’s 1 GB fiber project with Google debuted last month.

We saw some great startups present great ideas. Banyan, a collaborative research tool, that is both up and running,and demonstrated first hand the effects of super fast 1 GB ethernet, was the winner. GigTank broke the mold of the traditional accelerator demo day by offering a $100,000 cash prize to the startup that won their pitch contest in the entrepreneur category.

GigTank broke the mold yet again when they ran a student track along the entrepreneur track. The students received free room and board and incubated at the LampPost Group’s offices in downtown Chattanooga. The student track had a $50,000 cash prize won by two girls whose startup Babel Sushi, is an on the go translating platform. The entrepreneurs incubated at Colab a few blocks down the road from LampPost. The entrepreneurs however, received a $15,000 seed investment.

This Thursday was Demo Day for the ZeroTo510 accelerator in Memphis Tennessee. The ZeroTo510 accelerator was a joint project of the Memphis Bioworks Foundation and Seed Hatchery. It was also the first cohort based medical device accelerator.

Zeroto510’s demo day was more traditional in that there wasn’t a cash prize but rather a showing of what the six teams were working on and what they had accomplished in the 90 day period. All six teams did a great job presenting. They all had viable go to market strategies as well as thoroughly researched projects. Some actually had products to show off, which is a break from the traditional web based accelerators.

Patrick Woods, Director at archer>malmo’s a>m ventures group said “there was actually physical products you could touch” making reference to the several accelerator demo days he’s seen where everything was either on the web, in the cloud or still in pre-release formative stages.

You can see a quick background on the six teams at ZeroTo510 here.

Some of the presenters had already secured physical trials, others, like Restore Medical had great news, like the fact that they already had a purchase order for $3.75 million.

Next week marks the end of the current session of Nashville’s Jumpstart Foundry. Now in it’s third year, the JumpStart Foundry has a great class of startups that will be pitching next week.

Life in an accelerator is tough. Tennessee Venture Capitalist and Partner at Solidus, Vic Gatto, told nibletz last week that there were originally ten teams in JumpStart Foundry and three have since dropped out. The best of the best for next week are ready present and include:

Contigo Financial, an online consumer lender offering a suite of responsible loan products through the workplace.

Jamplify (formerly OKDJ), a social media marketing platform which turns fans into active promoters of online content.

The Skillery, a marketplace for classes and workshops led by experts in the community.

Evermind, the first consumer-friendly senior monitoring system. If you can plug-in a surge protector and use a smartphone, Evermind is easy.

Kiwi (formerly Wax), the best way to capture any exciting moment on video.

PhotoRankr, the first online photography marketplace to leverage the power of social media.

OurVinyl, allows users to discover new music through video. The modern day MTV minus the re-runs.

Nibletz is the voice of startups everywhere else and the national voice of startups in Tennessee we can’t wait to see what these great startups have to offer.

Linkage:

There are still a limited number of tickets available for JumpStart Foundry’s Demo Day get them here

Nibletz is the national voice of startups in Tennessee and everywhere else, check out our southern coverage here