Kudos to four Memphis startups for being selected among the companies that will tour the state as part of the Launch Tennessee initiative to shine a light on our best examples of home-grown entrepreneurship.
The Memphis-based startups that will be part of the tour are Mobilizer, Health & Bliss, and View Medical that graduated from the ZeroTo510 accelerator recently and participated in Demo Day last week, along with Screwpulp that graduated earlier this year from the Seed Hatchery program.
Here’s more from Launch Tennessee:
Launch Tennessee (LaunchTN) today announced the companies – all graduates from one of Tennessee’s nine startup accelerators – have been chosen to pitch at the first-ever statewide demo day on Tuesday, Aug. 27 at the Bridge Building in Nashville. During statewide demo day, 10 of these companies will be chosen to participate in The TENN, the state’s first master accelerator program, sponsored by the Blackstone Charitable Foundation.
“These 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.”
The panel of out-of-state investors who selected the teams chose representatives from each of the state’s grand divisions, and the teams include:
East Tennessee – HutGrip, FwdHealth, HATponics, Vendor Registry, Survature, Renewable Algal Energy
Middle Tennessee – eClinicHealthcare, InCrowd Capital, Gun.io, Got You In, NewsBreak, Ecoviate, Green Dot Charging, Mach Fuels, Graphenics
West Tennessee – ADVANCE Inventions, Mobilizer, Screwpulp, Health & Bliss, View Medical
Brock said: “LaunchTN is thankful to each accelerator’s teams of leaders and mentors who have worked endlessly to help these companies develop investible businesses. We are excited for the statewide demo day on Aug. 27 when a national panel of investors and entrepreneurs selects 10 of these companies to be part of the inaugural TENN program.”
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.
Shortly after demo day, The TENN companies will leave for a statewide bus tour, where they will meet with leaders of Tennessee’s top corporations as well as leading angel and venture capital investors from throughout the state. Additionally, during the master accelerator program, the members of The TENN will fly to California and the East Coast to network with venture capitalists and angel investors.
Other benefits of The TENN program include access to 40 master mentors from across Tennessee, including investors, entrepreneurs and corporate leaders; office space in the nearest regional accelerator or a subsidy for the company’s existing office space; and events that introduce the companies to high-level, industry-specific Tennessee connections.
Launch Tennessee (LaunchTN) is a public-private partnership focused on supporting the development of high-growth companies in the state of Tennessee with the ultimate goal of fostering job creation and economic growth. LaunchTN focuses on four key areas: entrepreneurship, commercialization, capital, and outreach. LaunchTN is in part funded by a grant from the State of Tennessee. Please friend LaunchTN on Facebook (www.Facebook.com/LaunchTN), Twitter (www.Twitter.com/LaunchTN), YouTube (www.YouTube.com/LaunchTN) and Flickr (www.Flickr.com/LaunchTN).