Knoxville’s 2014 Startup Day emphasizes startup-friendly culture, assets in East Tennessee

Knoxville’s second annual Startup Day kicked off Thursday, Nov. 20 at 2:30 p.m. at The Standard in downtown Knoxville. The event celebrated the success of Knoxville’s growing startup community and raised awareness about resources that support East Tennessee entrepreneurs.

“When most Americans think ‘startup community,’ they think Silicon Valley in California, New York City or Seattle,” said Knoxville Mayor Madeline Rogero. “It’s significant that East Tennessee is nurturing its startup culture, making resources available to startups and generally creating a welcoming environment for entrepreneurs. Creating a startup-friendly city will keep and attract talent, capital and more resources.”

Startup Day featured fireside chats with eight of Knoxville’s seasoned entrepreneurs and investors, including Ben Brown, CEO of SwiftWing. SwiftWing invested $686,000 in Survature, a local startup at the University of Tennessee Business Incubator.

Ten local startups presented PechaKucha style, quick-fire pitches, including Vuture, an app that allows users to send personalized video messages to a recipient’s email or cell phone at a specified date and time.

“With Oak Ridge National Lab and the University of Tennessee, we see plenty of highly advanced technological ideas particularly in the energy, agriculture, healthcare, big data and big media fields,” said Ken Woody, president of Innova, an early stage venture fund located in Knoxville and Memphis. “There are some very bright and capable mentors in the Knoxville area, and a strong passion amongst many businesses to support these early-stage companies.”

Vig Sherrill pitched his seventh company, General Graphene, at Startup Day 2014. Sherrill attributes the region’s big science assets and world class manufacturing to the success of his first six companies that brought more than $100 million to the region.

More than 400 people registered to attend Startup Day 2014. Attendees included businesses, entrepreneurs and investors looking for the next big idea, businesses, regional accelerators and research institutions that provide support to startups and East Tennesseans interested in learning more about the region’s entrepreneurial community.

About Startup Day 2014

Startup Day 2014 is presented by Oak Ridge National Laboratory, University of Tennessee Research Foundation, Launch Tennessee, Pershing Yoakley & Associates, Knoxville Entrepreneur Center and Tech 2020, who organized the event.

Startup Day Power Pitchers featured in Knoxville News Sentinel “elevator pitch” videos

The Knoxville News Sentinel and the Knoxville Entrepreneur Center teamed up to produce “The Elevator Sessions,” videos of each entrepreneur pitching at Startup Day 2014 giving their elevator pitch – you guessed it – in a real elevator. Below are links to each of the 10 Power Pitch videos.

To read the Knoxville News Sentinel’s preview story from this weekend, click here.

Source: Knoxville News Sentinel

Audiohand launching private beta test later this week

Audiohand, a Knoxville startup that will deliver a Power Pitch at this year’s Startup Day, provides an innovative, economical way for artists to be able to record their music. In just days, all of the planning and preparations will be unveiled when Audiohand will launch a private beta test with up to 100 bands trying the app. The official date is November 1.

“The beta version is going to look pretty close to the actual product,” said Co-Founder Haseeb Qureshi.

Audiohand’s secret sauce is its ability to use multiple mobile phones to capture a musical performance and then integrate the multiple inputs properly to create one high-quality, band-sourced, stereo track.

Helping bands find an economical way to record their performances is just the first in a line of applications for the technology.

“Once we get the band sourcing down, we’re going to focus on fans,” Qureshi says.

Audiohand was a participant in the Knoxville Entrepreneur Center’s (KEC’s) inaugural “MediaWorks Accelerator.” Since July, the company has added two seasoned players – Mark Montgomery and Jonathan Sexton – as Co-Founders.

Read the full story here.

Source: Tom Ballard, Teknovation.biz

Two Knoxville companies selected for LaunchTN’s The Tenn program

Carly Harrington’s recent piece in the Knoxville News Sentinel highlights two early-stage Knoxville companies who have been selected to be part of this year’s LaunchTN master accelerator program, The Tenn. Fiveworx (who participated in last year’s Startup Day) and Closeup.fm (scheduled to deliver a Power Pitch at Startup Day 2014) are among 10 companies chosen across the state to participate in the cohort.

The Tenn program, which starts October 23, matches entrepreneurs with master mentors and includes training in The Rockefeller Habits, a business management system, and guidance in such business topics as marketing, financial management and operations.

Read the full story here.

Source: Carly Harrington, Knoxville News Sentinel

Beth Papanek hopes to earn PhD, exit her first startup in 2016

Tom Ballard, Pershing Yoakley & Associates, P.C.’s Director of Innovation and Entrepreneurial Initiatives, published an article on Teknovation.biz about Beth Papanek, who is scheduled to deliver a Power Pitch at Startup Day 2014.

By the middle of 2016, Papanek hopes to achieve two major milestones – earn her doctorate from the University of Tennessee and exit her first start-up.

The Illinois native is one of the 80 students who are part of the Bredesen Center for Interdisciplinary Research and Graduate Education, a joint initiative of UT and Oak Ridge National Laboratory (ORNL) focused on attracting the nation’s brightest doctoral students in energy science and engineering.

Papanek is in the second class admitted, having earned both her Bachelor’s and Master’s Degrees at the University of Illinois in Urbana/Champaign. A strong interest in UT’s work in biofuels led her to apply for and be accepted into the new program.

Papanek says she’s “so privileged” to be able to work as a graduate student with some of the world’s leading scientists at ORNL. “I’m so connected,” she says, adding that her experiences are “amazing for career development.”

When the concept was still on the drawing board, the planners hoped that some fraction of the Bredesen Center students would pursue entrepreneurship, working with scientists at either UT or ORNL to commercialize the technologies on which they did their research.

“The Bredesen Center encourages us to pursue interests in either entrepreneurship or policy,” Papanek explained. The entrepreneurial track was a natural for her, having been part of a student team at Illinois working on two technologies from the Mayo Clinic.

“That started it (the entrepreneurial bug),” Papanek says. Since arriving here 18 months ago, the interest has only grown, thanks to involvement with many of the region’s entrepreneurial support organizations and ORNL’s Partnerships Directorate.

Papanek is focused on her research interest in bioenergy and a process called sonoporation that uses ultrasonic sound frequencies to modify the permeability of cells. The result of the process is the creation of genetically-mutated microorganisms that help optimize the process of making ethanol.

Those who attended last year’s “Start-up Day” in Knoxville saw Papanek present a concept for a company that she was exploring. It is named SonOPore for the ORNL technology on which it is built. This year, Papanek will present a Power Pitch for a new company she is exploring, Nanofermentation.

Source: Tom Ballard, Teknovation.biz