Memphis Startup Proof Positive of the Power of Everywhere Else

annoucement2_rz_Lyme disease vaccine

Earlier this week Memphis-based US Biologic announced the successful field trials of it’s revolutionary Lyme disease vaccine. The vaccine, given to animals orally, creates antibodies that then attack the Lyme disease passed on from a tick bite.

Although the vaccine is being developed for animals, the company sees a connection between stopping the spread of Lyme disease in animals and doing the same for humans.

rsz_incontentad2“The CDC has long-acknowledged a ‘One Health’ approach to preventing infectious diseases by linking animal and human treatments,” says US BIOLOGIC board director Tom Monath, MD. “US BIOLOGIC’s oral bait vaccine is an important example of how a vaccine for animals, in this case the white-footed mouse reservoir of Lyme disease, can break the Lyme disease transmission cycle.”

Lyme disease is no joke. According to the CDC, it affects over 300,000 people in the U.S. each year and can cause severe damage to joints and the neurologic system. The CDC also recently linked Lyme disease with several deaths due to cardiac disease.

What’s unique about US Biologic, though, is that they don’t plan on stopping at Lyme disease. The success of that vaccine proves that stopping diseases in animals will also help curb them in humans. They are essentially creating a platform from which they can develop treatments for any number of common diseases.

“The success of these field trials introduces a technology platform that can break the transmission of many diseases transmitted by animals,” says US BIOLOGIC board member David Williams, former Chairman & CEO of Sanofi Pasteur, the world’s largest vaccine provider. “Because of the large and growing number of cases, the focus on Lyme disease is a logical first step.”

Stories like that of US Biologic are what make “everywhere else” such a special place. We love all the technology that comes from Silicon Valley. Hey, we’re on Secret as much as the rest of you!

But it’s awesome to see what smart people outside the Valley are capable of, even if it’s not the sexiest new consumer app. I probably won’t be bragging to my friends that I just gave my cat the latest Lyme disease drug, but when it keeps my family healthy, I’m sure going to be grateful to US Biologic.

Upstart Graduates 5 New Female-Led Companies

upstartMEMIt seems that everywhere I go, people are talking about women in tech and women in startups. Everyone has an opinion on why it’s hard for women in tech (or IF it’s hard).  Some think the solution comes from changing institutions to accommodate families. Others think women just need to embrace careers and quit being timid.

There are plenty of opinions, but we in the startup world know that execution matters more than theory. Yesterday in Memphis, execution was on display.

The people behind Start Co in Memphis, TN are actually doing something to advance women in tech, and the fruit of that labor was seen in the 5 teams that presented at Upstart’s Demo Day. I talked about Upstart in July, and like most Demo Days, it’s amazing to see how far the companies have come in a few short months.  Of course, it’s still early days for all the companies, and everyone knows the real work begins after Demo Day.

WeddingWorthy.com–WeddingWorthy.com was a late addition to Upstart cohort, but when leaders saw how serious founder Tameesah Desangles was about her business, they felt she’d earned a place at Demo Day. Desangles’ company is a visual shopping platform for brides and their bridesmaids. There are thousands of things to buy for a wedding, and with 25 retailers on board, there are plenty of options.

Artwardly–Leni Stoeva changed her business model quite a bit during the accelerator, but the final product is an art-leasing platform that connects high-end art and individuals and businesses. No more Fortune 500 companies with Aunt Ida’s black and whites in the lobby. With her connections in the art world, and some great developers building the platform, Stoeva is on pace to change the way collectors, businesses, and even museums source their art.

GemPhones–We’ve written about GemPhones before, and founder Kelli Meade is still going strong. GemPhones is electronic jewelry, combining the function of earphones with the style of necklaces. Lots of people flaunted their GemPhones at the after parties, and it’s really impressive how many styles are already available.

Stylecrook–A native of Bermuda, founder Zakkiyah Daniels came all the way from Thailand to participate in the Upstars accelerator. Stylecrook is a social shopping site that allows you to receive discounts when you enlist your friends to help you pick out clothes. Let’s face it, that’s how most women shop best anyway. Stylecrook is now making it digital.

Kids360Now–Audrey Jones started her presentation with a sobering story about children harmed at a day care and taken to a hospital, but because their parents contact information was inaccessible, the parents didn’t find out until pick up time. Kids360Now solves that problem by putting the information into the parents’ hands, and allowing them to grant access when needed. A daycare administrator can simply open an app on her phone in the even of emergency, rather than trying to reach a file cabinet.

The women of the first Upstart cohort made big strides in the 3 months of accelerator life. We at Nibletz are cheering them on as they continue to grow and develop their companies.

 

 

A Startup Walks Into A Bar And Orders…

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Six decade old advertising agency archer>malmo gave an amazing discussion at SXSW 2013 called “When Bad Names Happen to Good Startups.” It was a candid look at naming mistakes startups make. While sometimes names are an afterthought based on a url’s availability, the folks at archer>malmo and their investment arm  a>m ventures, preach the importance of a name because it’s the foundation of your brand.

Patrick Woods, a>m ventures Managing Director, says “say nodaddy to godaddy” referring to the practice of naming a startup for a URL. That was just the beginning of an amazing presentation at our Everywhere Else Cincinnati conference earlier this week.  What transpired after a brief introduction had the entire audience talking for the rest of the conference. In fact, shortly after the discussion The Cincinnati Business Courier’s Andy Brownfield was so blown away he posted this story.

So the story goes like this: archer>malmo’s Senior Copy Writer Justin Dobbs is a close friend of Woods. “He’s one of the most creative guys I know,” Woods told the audience. So it was a feeling of shock, or possibly being blown off when Woods was recently looking for a gift to get a male friend for his birthday. He figured he would turn to Dobbs’ creative edge to help him come up with something truly amazing. Dobbs’ suggestion? A bar of soap. But not just any soap,

Dobbs suggested a bar of Duke Cannon. Now Duke Cannon is a man’s soap. Its brand isn’t just a brand; it has a personality. Brand is bold, and masculine and their branding is something Woods was successful in driving home.

Their website and brand image is filled with personality. “Tested by soldiers, made in the USA” is one of the rotating graphics that dons the companies web page. “Veggie Burger’s Don’t Mind If I Don’t” is another.

“Duke Cannon doesn’t dine with vegans and he could give a damn about your iPad,” it says on the company’s about page.

Duke Canon’s personality is that of a man, a man’s man. If he walked into a bar he would undoubtedly order something hard.

That’s one question Wood’s asked the audience at Everywhere Else Cincinnati. “What would your startup order at a bar?” “What would your startup order to eat?” was another.

Woods said startups that use simple descriptors may have found the perfect way to tell what their startup does, but they’re so simple that they are insulting to users.

Duke Cannon has a brand voice and startups need one too. “Startups almost feel like they need to sound like a startup. Don’t try to sound like a startup,” Woods said to the audience.

“When you develop a strong personality, you start moving your startup from a product to a brand,” Woods told Brownfield. “Personality is what your brand says when you’re no longer speaking.”

Nibletz would order a Redbull and Vodka and pizza.

Find out more about a>m ventures here.

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From Conference Volunteer To Startup Founder, Audrey Jones Is In The Zone

Everywhere Else, Kids360, Startup, Audrey Jones, Everywhere Else Startup Conference, startupLast February I had no idea who Audrey Jones was. We were preparing for Everywhere Else Memphis and knee deep in getting ready. diPR consulting’s Danielle Inez was recruiting volunteers and handling many of the pre-show logistics.

When the conference time finally arrived, we met up with all of the onsite volunteers. Audrey Jones was one of them. She told us in an interview that she had heard good things about the conference and was curious about what it was all about. She received an email from one of the civic groups she works with for volunteers and decided she would sign up for one shift.

That day, she took control of registration and front end organization and then stayed on throughout the entire conference, never missing a beat. It was like we had planned and rehearsed her role for months, but for Jones, organization and execution come naturally. It’s one of the qualities her full time employer, Memphis based AutoZone loves about her.

In fact several people from AutoZone’s marketing and IT departments attended at least some part of the inaugural conference in Memphis. At some point during the conference an AutoZone employee came up to me and congratulated us on a job well done. He then said that we could have Audrey for the remaining two days of the conference, but not only that she wouldn’t have to take time off, AutoZone was paying her to work for us.

Marston-1But this story isn’t about a great conference volunteer or a great company in Memphis. The story continues.

Jones was so intrigued by what she witnessed at the Startup Conference that she started spending her free time with Start Co, the Memphis organization that serves as an umbrella for many of Memphis’ startup efforts. Jones stayed in touch with many of the people she met at the conference from across the country and started to work on an idea.

What intrigued Jones most about Start Co and their various startup initiatives was Upstart Memphis, a women’s startup initiative that included a women’s only 48 Hour Launch and a women’s only startup accelerator.

Jones’ preliminary idea revolved around the way that parents, loved ones, family members, and caregivers communicate. There’s so much technology out there now that phone trees are pretty much dead wood.

“It’s a platform that allows parents to list their children’s emergency contact information electronically. It’s the alternative to the cluttered file cabinet in emergency situations. Parents can grant access to whomever needs access, like sittrs, tutors, daycare and childcare providers,” Jones told us.

Jones had no idea she was an entrepreneur or a startup founder in January of this year.  By spring she was talking to people about this idea. Then Start Co put a call out to women led startups to apply for their inaugural summer cohort for their women’s accelerator. Jones admitted she felt like she didn’t think she would get in, but went forward with the application process, even citing Nibletz as a reference after her work with the conference.

Kids360 was one of the four startups selected for the women’s only cohort that puts the women founded startups through a bootcamp-style, intense business and entrepreneurial accelerator. The hope for Start Co co-presidents Andre Fowlkes and Eric Mathews is that founders will be launch ready at the end of the accelerator, which is really just the beginning.

For Jones it’s been non stop since the accelerator kicked off at the beginning of the summer. She continues to work full time for AutoZone and spends another 40-50 hours a week on Kids360.

“Audrey is a great example of the type of entrepreneur we find here in Memphis. She is constantly grinding whether it’s her own startup, helping others or on her job. She’s putting the resources of StartCo to work for her every chance she gets,” Mathews told us by email.

It helps that Audrey works for AutoZone, a company founded by serial entrepreneur Pitt Hyde. The company was very supportive during those few days of the conference and continues to support Jones with a little extra flexibility in her schedule while she is going through the accelerator program. This isn’t the first time that AutoZone has supported one of their employees going through one of Start Co’s accelerator programs. In fact it’s their third go round and they would continue to do it over and over again, Jones tells us.

Why?

“Because entrepreneurs make the best employees,” Jones told us. She is very open about her startup and what she is doing in the program. Everyone on her team all the way up to Pitt Hyde knows that she’s in the program. “Whenever I see Mr. Hyde in the halls I smile with my AutoZone uniform on and re-pitch him again,” Jones said.

“We’ve seen quite a few entrepreneurs come through the ranks at Autozone, which is very supportive of our young entrepreneurs and Start Co.  Audrey markes the third time that we’ve been able to help an Autozone employee hone in their inner entrepreneur,” Mathews said.

Hyde is also very supportive of entrepreneurial efforts in Memphis. He is a major supporter and director for Memphis Bioworks and their Zeroto510 accelerator, which is run in partnership with Bioworks and Start Co.

So now with just weeks to go before demo day at the UpStart accelerator, Jones is gearing up to have a booth at Everywhere Else Cincinnati’s Startup Avenue. She’s looking forward to real life pitch practice, talking to investors, and of course helping out the Everywhere Else team.

You can find out more about Kids360 at kids360now.com

It’s not too late to get your own booth or attendee ticket for Everywhere Else Cincinnati.

Memphis Startup Restore Medical Becomes First To 510 (K) Out Of Zero To 510 Accelerator

Restore Medical Solutions, Memphis startup, 510KThe ZeroTo510 startup accelerator in Memphis Tennessee is the first cohort-based medical device startup accelerator in the country. The joint venture between Start Co and Memphis Bioworks puts medical device companies through an accelerator program and helps shape scientists and engineers into startup founders.

The other, important goal for ZeroTo510 is getting these medical device startups to the 510(k) approval from the FDA. This approval is a quicker path to market roughly based on the idea that your product is expanding on an idea or improving an idea previously approved by the FDA. In short a typical FDA approval for a new device can take anywhere from 3-10 years while a 510 (k) approval can shorten that time down to 1-3 years.

All of the companies selected for the first two completed cohorts at ZeroTo510 (summer 2012 and summer 2013) werelooking to get that approval and get their product to market.

Marston-1We’ve covered Restore Medical almost from the point when founders Shawn Flynn and Ryan Ramkhelawan made the move from Atlanta to Memphis for the accelerator at the beginning of summer 2012. At that time both founders told Nibletz that they liked Bioworks and the cohesiveness of the Memphis startup community, despite the fact that Atlanta is a much larger city.

Restore Medical has developed a system that more thoroughly, cleanly, cheaply and greenly sterilizes surgical instruments. The way surgical instruments are currently sterilized is time consuming. Not only that, but if one instrument is found to be unsterile the entire batch of instruments for a particular surgery needs to go through the process again. This can take hours at a time, so the OR teams must make a decision on whether to wake up the patient or to keep the patient under anesthesia which can be costly for the doctors and the patients not to mention dangerous.

“Our product allows hospitals to clean and re-sterilize surgical instruments more efficiently, saving time and money,”  Flynn, the company President said in a statement. “More importantly, it improves the sterilization process, reducing the chances that a patient will be infected by contaminated instruments.

Restore Medical Solutions announced on Thursday that they had received their FDA 510(k) clearance. The company is also pleased to announced that it has successfully completed the certification process for internationally recognized medical device specific quality management standards ISO 13485:2003 and the Canadian Medical Device Conformity Assessment System (CMDCAS). Certification was conducted by BSI Group, one of the world′s leading certification bodies.

“These clearances allow us to market our products domestically and internationally, and they show that our product is safe, effective and meets regulatory requirements in both the United States and Canada,” said Ramkhelawan.

Restore Medical Solutions is moving into a larger 2500 square foot space  in the Memphis Bioworks complex which will allow them space for assembly and distribution.

You can find out more about Restore Medical Solutions here.

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2 Memphis Startups, Mobilizer And Boosterville Get Attention From Major Press

Boosterville, Mobilizer, Memphis startups, TechCrunch, GigaOMWhile nibletz has a pretty large following and people love us because we’re the voice of startups everywhere else, getting attention from the major tech and startup players is a big deal for all startups. This week two Memphis startups were fortunate enough to catch the eyes of TechCrunch and GigaOm.

Mobilizer, a recent graduate of the Memphis based ZeroTo510 accelerator, and recently named to the Tennessee TENN, was featured in TechCrunch on Saturday evening.The company has found a way to make ambulatory patients in hospitals more mobile.

As company co-founder and CEO James Bell told me a few months ago, after major surgery getting up and walking around is a very important part of recovery. That’s why as soon as you are able, doctors like for patients to walk to other parts of the hospital for testing and therapy. The problem in the past was that all of the equipment tied to a patient recovering from surgery often requires more than one technician to accompany the patients on these walks. Often taking technicians away from other duties.

Marston-1With the Mobilizer product, one technician can accompany the patient as the walk through the hospital allowing the other technicians to tend to other patients and even saving hospitals money on over-staffing.

Boosterville, a spring 2013 graduate of the Memphis based Seed Hatchery accelerator was featured in GigaOM earlier this week.  The company, founded by Pam Cooper and her husband, and founding CTO of Cha-Cha, Tom Cooper, has a better way of school fundraising. Pam Cooper had previously built up a large cleaning business in Indiana. When she met her husband Tom six years ago they knew they would eventually collaborate on a startup.

Boosterville is that startup. The company offers a mobile wallet app that is tied in to local merchants that are automagically kicking back money for fundraising. The user selects the participating merchant that they want to patronize and checkout using Boosterville. The merchant is paid and a portion of the payment is forwarded onto the school or charity.

GigaOm featured Boosterville as part of a story about startups that are changing the way schools can do fundraising, trading in wrapping paper, pizza kits and World’s Finest Chocolate bars, for an easy to use mobile app.

Find out more about Boosterville here Mobilizer is on the web here.

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Tennessee’s Governor Bill Haslam Announces The TENN Top Startups In Statewide Program

TENN, Launch Tennessee, Startups, startup accelerator, Tennessee startupTuesday saw the final pitch off for Launch Tennessee’s TENN program. Launch Tennessee is a public/private partnership that helps organize, administer and provide resources to nine accelerator regions across the state of Tennessee.

With so many accelerators in one single state, Launch Tennessee teamed up with the Blackstone Foundation to hold a “super accelerator” of sorts simply called The TENN.  Startups that went through one of the accelerator programs in Tennessee within the last 12 months were eligible to compete in a statewide competition to name the best of the best.

Earlier this month Launch Tennessee announced 20 finalists from across east, middle and western Tennessee.  The 20 startups chosen as finalists represented a variety of technological and entrepreneurial fields including general tech, social, medical, medical device, life sciences and even publishing.

On Tuesday the startups in the top 20 pitched off in front of a panel of outside investors that included: Sabeer Bhatia, chairman and CEO of Sabse/Jaxtr and founder and former CEO of Hotmail; John McIlwraith, managing partner at Cincinnati, Ohio-based Allos Ventures; John Greathouse, general partner at Santa Barbara, Calif.-based Rincon Venture Partners; Sig Mosley, managing partner at Atlanta, Ga.-based Mosley Ventures; Bob Crutchfield, partner at Birmingham, Ala.-based Harbert Ventures; and Mike Tatum, serial entrepreneur and CEO of Workbus.

At the end of the day Governor Bill Haslam called up the top 10 startups who were named to the TENN;

  • eClinic (Nashville)
  • Got You In (Nashville)
  • Gun.io (Nashville)
  • Hatponics (Knoxville)
  • Health & Bliss (Memphis)
  • Mobilizer (Memphis)
  • Screwpulp (Memphis)
  • Survature (Knoxville)
  • Vendor Registry (East Tennessee”
  • View Medical  (Memphis)

These 10 startups will participate in the TENN program which includes a statewide bus trip to meet some of the biggest companies, entrepreneurs and business leaders across the state, trips to New York and Silicon Valley and office space at their local accelerator or incubator. They will also have access to mentors and other resources to continue taking their post accelerator companies to the next level.

Congratulations to all the startups that made the list.

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archer>malmo Submits Two Great Startup Branding Panels For SXSW

archer malmo, am ventures, sxsw, panel picker, startupsThis week we will preview some of the best startup panels that are up for consideration at SXSW Interactive in March.  SXSW gets thousands of possible panel, speakers, book reading and other content submissions for their “panel picker”. If you’re a startup founder, entrepreneur or influencer with a startup related panel please email us with a link to the panel information at startups@nibletz.com.

archer>malmo is a Memphis based PR and marketing firm that’s been around for 60 years. They have huge clients like Pfizer, Verizon and RJ Reynolds. But they also work with startups. Not only do they do work for startups but they have a a venture firm called a>m ventures that invests creative capital into new startups, for equity (*disclosure Nibletz Media Inc is an a>m ventures portfolio company).

With their vast experience in startups and working with all kinds of new and young companies, they’ve seen and learned some great (and not so great) things that are definitely worth sharing with other startup founders.

Last year, they held a well attended panel called “When Bad Names Happen To Good Startups”.  The panel discussed the importance of naming and how sometimes that name that goes with that cleve URL may not be the best decision ever. They also discussed the ins and out and why’s of choosing a name. For most companies you’re stuck on it, or some version of it for life.

This year they are hoping to expand on that theme with an equally as important topic, branding. “When Bad Brands Happen To Good Startups” ”  Gary Backaus, Chief Creative Officer/Director and Justin Dobbs Creative Director at archer>malmo, were the speakers for last years panel and will also be speaking on this panel as well (if selected).

We get it. Whether it’s an investor intro, an online listing, or your elevator pitch, there are times when capturing your startup concept in a few words is critical.
But talking to customers? It ain’t one of those times.
Yet for some reason many startups continue to court customers with the same robotic sound bites used in their pitch.
And while a digestible “My Unique Feature” formula is fine for accelerator applications, in the real world, you aren’t pitching a business model or market niche. You’re pitching a product. And even the simplest, fastest, shiniest, funnest product needs more than a value prop and a clever name.
It needs a personality.
We’ll examine brand personality types, marvel at great ones, laugh at bad ones, and share some tips for uncovering your brand voice—one that’s genuine, true, and that offers your customers something no positioning statement can.  (they said on their panel picker page)
am>ventures Director and Everywhere Else Cincinnati speaker, Patrick Woods, has also submitted a panel for this years SXSWi panelpicker. Woods just got back from being one of the “mentors” for the new SXSW V2V festival in Las Vegas earlier this month.
Woods has a long background in PR and marketing with the past few years spent exclusively with startups. As the director of am>ventures he’s tasked with finding the startups that the firm wants to invest it’s creative capital in.
Woods also mentors through local accelerators, does office hours via Skype and Google hangouts and both writes and speaks on startup branding and marketing.
“Branding From Day Zero: Startup Brand Strategy” is the discussion Woods has submitted.
Branding. All startups have to do it, but no one really knows how. Punch “startup branding” into google and you’ll find checklists and 10-step plans that’ll tell you to “have a logo” and “be consistent.”
Thanks.
Startups don’t need tips and tricks. They need an understanding of brand strategy—what it means and why it matters. And ultimately, how to do it from the beginning.
Name, logo, t-shirts, stickers—these are all parts of brand, but what undergirds the whole system? Brand strategy. Startups usually skip this crucial phase. And it shows. I’m a hybrid ad man/startup guy who’s built brands for everything from an event discovery app to an AI system. I’ve seen tons of branding tools, but none specifically those starting from scratch.
This talk will explore a way forward specifically for startups. We’ll move past the tips & tricks and focus on a few actually helpful questions for building a great brand that resonates with your audience and build long-term loyalty.” Woods wrote on his panelpicker page.

You can vote here for “When bad brands happen to good startups”

and here for “Branding from day zero: Startup Brand Strategy”

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The 20 Best Accelerated Startups In Tennessee Make The TENN Finals

TENN, Launch Tennessee, Startup, AcceleratorLaunch Tennessee, the private/public partnership that oversees 9 accelerators across the state, is running a “super accelerator” of sorts, appropriately called the TENN. The TENN starts off with a statewide demo day on August 27th in Nashville. At that event, 20 startups, announced on Thursday, will pitch their business.

A group of  national investors and entrepreneurs will narrow that field from 20 to 10 at the statewide event.  The demo day investor panel includes Sabeer Bhatia, chairman and CEO of Sabse/Jaxtr and founder and former CEO of Hotmail; John McIlwraith, managing partner at Cincinnati, Ohio-based Allos Ventures; John Greathouse, general partner at Santa Barbara, Calif.-based Rincon Venture Partners; Sig Mosley, managing partner at Atlanta, Ga.-based Mosley Ventures; Bob Crutchfield, partner at Birmingham, Ala.-based Harbert Ventures; and Mike Tatum, serial entrepreneur and CEO of Workbus. Governor Bill Haslam will announce the 10 companies that will comprise The TENN.

After the TENN is announced they will embark on a statewide bus tour, parading the startups in front of the state’s biggest companies and innovators. The TENN group will also have access to a master mentor network pulling from all nine accelerators. The TENN startups will also receive free office space, either at one of the regional accelerator headquarters or receive a subsidy for office space.

Launch Tennessee partnered with the Blackstone Foundation to hold the TENN program.

Here are the 20 finalists for the TENN program:

East Tennessee (6):

Hutgrip
FwdHealth
HATponics
Vendor Registry
Survature
Renewable Algal Energy

Middle Tennessee (9) :

eClinicHealthCare
InCrowd Capital
Gun.io
Got You In
Newsbreak
Ecoviate
Green Dot Charging
March Fuels
Graphenics

West Tennessee (5):

ADVANCE Inventions
Mobilizer
ScrewPulp
Health & Bliss
View Medical

“These 20 startups are an exceptional representation of the innovative and promising ideas emerging from Tennessee’s accelerator programs,” said Launch Tennessee CEO Charlie Brock. “From the quality and diversity of applications submitted across the state, it is apparent that Tennessee’s network of accelerators, which is unique in the nation and Launch Tennessee helps fund, is working well.”

You can find out more about Launch Tennessee at LaunchTn.org

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JumpStart Inc Announces Its Next Partnership, Heads to the Mid-South

Jumpstart Inc, Memphis startups, startco, partnershipsEECincyBannerJumpStart Inc. has an impressive record. Founded in 2004, they have grown an ecosystem in northeastern Ohio basically from scratch. The numbers look something like this:

  • $29 million in funding to pre-seed stage companies
  • 1000s of hours of human capital to more than 400 companies
  • 3,000 new jobs

In 2010 JumpStart received funding from outside sources to take the lessons learned in Ohio to other parts of the country. Since then they have partnered with 15 other regions to grow local startup ecosystems and create jobs. JumpStart’s approach involves working with local leaders to identify a region’s strengths and build from there.

They have a presence in regions like upstate New York, Baton Rouge, Detroit, and central Georgia.

And, now they’re coming to Memphis.

“After two years of discussions, we’re excited to kick off this collaboration with JumpStart,” co-president of Start Co Andre Fowlkes said in a press release. “Working with start co logoJumpStart further supports our mission of relentlessly building companies and founders for the advancement of Memphis’ entrepreneurial ecosystem.”

We write a lot about Memphis here at Nibletz. Part of that is because we’re based here, but it’s also because we believe in the possibilities in this city. Currently the city has a 9.5% unemployment rate, the highest of all metro areas of more than 1 million people. That number is pretty bleak, but entrepreneurs like ones that Start Co helps launch are a bright spot in the city.

Memphis also has a history of racial tension, which probably comes as no surprise. Yet the Fowlkes and co-president Eric Mathews know that to really pull Memphis employment up, everyone needs to engage. With their history in Cleveland, the folks at JumpStart have experience in reaching out to diverse groups of people and encouraging entrepreneurialism.

“2/3 to 3/4 of our talent isn’t even in the game,” said Mike Mozenter, President of JumpStart’s regional consulting arm, at a press luncheon yesterday. “How can that be good for any of us?”

So, how do JumpStart and Start Co plan to grow jobs in Memphis?

Like any good startup, they are still in the customer discovery phase of the project. Over the next few months, they will be talking to local leaders, universities, and entrepreneurs to begin to figure out what Memphis needs. At the end of the discovery phase, they hope to have a 5-year plan that will accelerate Memphis’ growth as a leading startup ecosystem.

The Accelerate Memphis Project hopes to secure at least $50 million in investment capital and another $15 million for technical assistance, support, and pre-seed investment money in the next 5 years.

Memphis and JumpStart are a natural partnership, and both expect great things for Memphis in the coming years.

Mozenter said in a statement: “We chose to work with Start Co because of their track record in supporting high growth technology startups in the Memphis market. Our organizations have complementary missions, and I have been impressed with the resources and support that Start Co offers startups.”

Check out the JumpStart Inc and Start Co websites to learn more about those organizations.

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Tennessee Prepares For Accelerator Week

Tennessee startups, Gigtank, Zeroto510,autoXLR8R, demo day, startups, accleratorsLast year August was Demo Day month in Tennessee. During the month of August (on consecutive Thursdays no less), Chattanooga’s GigTank, Memphis’ Zeroto510, and Nashville’s Jumpstart Foundry all held their demo days. The month of August was a true testament to the strong commitment to startups and entrepreneurship that exists across Tennessee.

We were fortunate enough to attend all 3 accelerator demo days and a variety of startup events that went along with those programs.

This year, Tennessee has condensed it all into one week, sans the Jumpstart Foundry demo day which is on August 22nd.

The week kicks off in Chattanooga, Tennessee today with some pre-events surrounding GigTank’s demo day on Tuesday. On Demo Day, the current class of startups who spent their summer in the GigTank will show off their work. The startup accelerator, now in it’s second year, gets it’s name from being the first accelerator on citywide gigabit ethernet.

The gigabit ethernet, and big entrepreneurial ideas, are why Bob Metcalfe, the creator of ethernet, is the keynote speaker for the GigTank’s big day.

Wednesday the festivities move about 150 miles northwest to tiny Spring Hill, TN. Spring Hill is home to a major GM plant and, this year, the Southern Middle Tennessee Entrepreneur Center’s autoXLR8R. autoXLR8R focused on technologies applicable to the automotive industry, and as per usual the companies will graduate with a demo day.

Finally we head to Memphis where ZeroTo510 will hold their second demo day on Thursday. ZeroTo510 is the first cohort-based medical device accelerator.

Stay tuned to Nibletz all week long for coverage of demo day week in Tennessee and then again August 22 for Jumpstart Foundry’s demo day.

Don’t forget everywhereelse.co The Startup Conference is also in Tennessee, in February!

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Memphis Woman Led Startup MentorMe Headed West for A NewMe

MentorMe, Brittany Fitzpatrick, NewMe Accelerator, Memphis startup

Last year, just before Christmas we got a chance to help with the Upstart 48 Hour Launch event in Memphis, Tennessee. This event, like Startup Weekend events, was a weekend-long startup building hackathon with a twist. The twist? It was for women-led startup projects only.

We saw several great startups. Some are still going strong, and we even met our employee #1 at that event.  Danielle Inez’ Pink Robin Avenue ended up winning the weekend competition and a free booth at Everywhereelse.co The Startup Conference. Another great startup we saw was Mentor.Me, or just MentorMe now.

While the startup, led by Memphis woman Brittany Fitzpatrick, didn’t win the competition, Fitzpatrick immediately turned on her entrepreneurial prowess and before the end of the evening she had crowdfunded, in person, her own booth for the conference.  That showed what kind of passionate, hardworking entrepreneur Fitzpatrick really is.

MentorMe is a matching service for mentors and mentee’s, kind of like “match.com for mentors.” Fitzpatrick has a strong background in mentorship and quickly discovered that mentor/mentee mismatch was a huge problem nationwide.

Fitzpatrick ended up quitting her job at Ronald McDonald House Children’s Charities and going all in with her startup. She went through the spring session at the Memphis-based Seed Hatchery accelerator and continued to grind.

Marston-1Last month Fitzpatrick participated in the NewMe Pop-Up accelerator in Memphis, where her startup MentorMe came in 3rd place.   That win also got her a spot in the NewMe accelerator program in Silicon Valley, which starts next week.

NewMe is an invite-only 12-week accelerator for technology startups led by underrepresented minorities. Private investment firm CB Insights reported in 2010 that African Americans represented just 1 percent of Internet company founders nationally. Furthermore, although women represent more than 50% of the U.S. population, they represent only 35 percent of those launching their own ventures.

“As an African-American woman and a tech startup founder, I am always happy to align myself with efforts to change the ratio so that we can create a startup community that is more reflective of the diversity we see in the community-at-large,” Fitzpatrick said in a statement.

“From upstart 48 hour launch last winter, through Seed Hatchery I’ve had the privilege of seeing both Mentor.me and Brittany grow from idea to full fledged startup. Brittany quit her day job, dug in, and made this opportunity happen for her. We’ll miss her for the few months while she’s out west for the NewMe Accelerator, but we’re looking forward to her coming back home to Memphis and being another success story for the Memphis startup ecosystem,” Seed Hatchery Managing Director Eric Mathews told Nibletz.

Find out more about MentorMe here at getmentorme.com

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Startup Culture: Offering Your Courageous, Daring Employees Something Intangible

ProdigiArts, Startup Culture, Startup Tips, Memphis startup

(cultureclub photo: alanpringle.com)

 

Who would choose to work for some entrepreneur they met at a coffee shop, for little pay, unconventional hours, and without promise of Google-like fortunes? They may have a fantastic idea that will solve some great problem in modern society, but right now their eyes are bleary from too much caffeine and a scalding Macbook. It’s hard to believe in them.

Startups not only face difficulty in convincing prospective investors and clients, but also potential employees whose talents would make a valuable contribution to the ever-growing company. Capital might not be the greatest resource at your disposal, but your people are.

As entrepreneurs, it’s easy to fantasize about the kind of company culture you’d like to foster in the future: throngs of employees working diligently and creatively, in between collective games of Call of Duty. In reality, culture building happens the moment one other person says ‘yes’ to joining your crazy idea for a company.

The famed animation studio Pixar faced the same struggle to build culture. The production house that totes 27 Academy Awards on its mantle started out with sleep-deprived, passionate people who took a chance on an idea they believed in. Since its inception in 1979, Pixar has taken many directions, from producing special effects for Star Trek to working on a commercial for Listerine. Despite the change in vision, structure, or ownership, the individuals who were so passionate about their craft and creating a company notable for what it offered the world made Pixar great. By no means did this happen without investment and capital, but it started with the right people.

In James Collins’ celebrated book Good to Great, he emphasizes recruiting the right people, who are flexible and put in their time and energy day after day, even when the vision or direction of a company might take a detour. He says that while vision is essential when starting a business and gaining employees, “If you begin with ‘who’ rather than ‘what,’ you can more easily adapt to a changing world.”

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One of the really important features of our company culture is a strong emphasis on trust and validation. In our industry most young, ambitious animators want to go work for the larger, more legendary studios in New York or Los Angeles, where they will probably be made to work longer hours and receive little credit.

While this is the reality of many recent graduates and young professionals in their career development journey, we try to value and recognize each accomplishment made, whether that’s with bonuses for especially noteworthy projects or getting taken out to lunch because someone forgot to bring theirs for the day. Every person, no matter how old or how young, desires a place in a community and to feel like their work is valued and contributes to something greater than themselves. We may not have the notoriety of a large studio, but what defines our culture is how satisfied and ambitious those brave souls are who have joined our growing studio.

Investing in human capital proves to be just as important as your real capital. Find those select few who invest their time, talents, and future in your company, because those are the ones who will be there at the end of the day, even when financial backers may not be.

Joshua Colfer is with ProdigiArts a Memphis animation, design and development firm. See what they can do for your startup visit them on the web at prodigiarts.com

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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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