MDN: The Case for Ground Floor Innovation

MDN: The Case for Ground Floor Innovation ServiceMaster wanted to open an innovation center partly for “self-serving” reasons, the company’s chief information officer said during a panel discussion Thursday, June 15, that marked the inaugural event in ServiceMaster’s new innovation space the “Ground Floor.” The company, CIO Jamie Smith said, had actually looked at launching such a space even before the company knew it would be bringing its corporate headquarters Downtown. Ground Floor will serve as a startup accelerator, co-working space and small events center. “We know we need to innovate, as ServiceMaster, to really stay relevant – we don’t … Continue reading MDN: The Case for Ground Floor Innovation

LocalMemphis: Teenager With Down Syndrome Starts Her Own Business

LocalMemphis: Teenager With Down Syndrome Starts Her Own Business A DeSoto County teenager’s bath bomb business is booming with success. Lewisburg High School student Morgan Tibbens has Down syndrome, but she’s determined to be successful. She started making bath bombs last year and selling them to friends and family. Today, “Da Bombs by Morgan Tibbens” are being sold in stores all across the country. Morgan Tibbens is a teen entrepreneur. “Make bath bombs. It’s fabulous.” 18-year-old Morgan Tibbens shows us how it’s done. “Baking soda. Epson salt. Lemon grass,” she said. Her business “Da Bombs by Morgan Tibbens” has exploded … Continue reading LocalMemphis: Teenager With Down Syndrome Starts Her Own Business

Techco: 30 Best Startup Accelerators in the US [Infographic]

Techco: 30 Best Startup Accelerators in the US [Infographic] … If you need to evaluate your startup accelerator needs, the Seed Accelerator Rankings Project (SARP) has released their fifth annual rankings of startup accelerators around the country. In hopes of encouraging discourse about accelerators as a whole, the project ranks the top 30 startup accelerators into five categories: Platinum Plus, Platinum, Gold, Silver, and Bronze. While the exact metrics used for the study remained relatively under wraps for privacy sake, the authors did specify that things like fundraising and valuations played a big role in ranking the accelerators. The aim of … Continue reading Techco: 30 Best Startup Accelerators in the US [Infographic]

MDN: Soulful Sounds Made in Memphis Again

MDN: Soulful Sounds Made in Memphis Again An original Stax Records sign hangs in the stairwell of the new Made in Memphis Entertainment facility as inspiration for artists and guests entering as they head up to the new company’s main offices. For founding partners David Porter, Rev. Tony Alexander and Hamilton Hardin, the transfer of knowledge gained from years of working inside the “Memphis Sound” in the 1960s, 1970s and 1980s is central to the company’s philosophy. “When we walk down those steps and see that sign that says ‘Stax’ on the wall, the reason it’s important to me is … Continue reading MDN: Soulful Sounds Made in Memphis Again

MDN: Eighteen Startup Teams Set to Begin ‘Summer of Acceleration’ in Memphis

MDN: Eighteen Startup Teams Set to Begin ‘Summer of Acceleration’ in Memphis Eighteen startup teams this week have kicked off the “Summer of Acceleration,” the season of joint accelerator programming across six startup accelerators overseen by the EPIcenter, Memphis Bioworks and Start Co. The startups – whose founders come from Memphis, Los Angeles and many other markets – are participating in a boot-camp style of programming that culminates on Aug. 10 with Demo Day, at which the teams will make pitches to potential investors. The startups over the course of the summer will get hands-on training and mentorship, as well … Continue reading MDN: Eighteen Startup Teams Set to Begin ‘Summer of Acceleration’ in Memphis

MBJ: Local group breaks ground on world’s largest gas fermentation plant

MBJ: Local group breaks ground on world’s largest gas fermentation plant What does the future of livestock feed look like? A new, 37-acre production facility planned for Presidents Island. Cargill and Calysta Inc. unveiled renderings of the project Wednesday, in conjunction with a groundbreaking event for the new plant. Along with the renderings, the companies also revealed a new name for their joint venture — NouriTech. … Twenty fermenters, each similar in size to a football field end zone. Two fermenters are expected to be installed in the first phase of construction and up to an additional 18 will be … Continue reading MBJ: Local group breaks ground on world’s largest gas fermentation plant

MDN: Cargill, Calysta Break Ground on Presidents Island Facility

MDN: Cargill, Calysta Break Ground on Presidents Island Facility NouriTech, a joint venture between Cargill and Calysta, broke ground on its new 37-acre Presidents Island gas fermentation facility, which will be the world’s largest upon completion. At the facility, NouriTech will produce FeedKind, a sustainable commercial source of protein to be used for fish, livestock and pets. “Fermentation technology has been used for years, but what’s going to happen here is truly groundbreaking technology,” Calysta president and CEO Alan Shaw said. “And that is a huge achievement for Memphis.” Once the plant is up and running, NouriTech expects to initially … Continue reading MDN: Cargill, Calysta Break Ground on Presidents Island Facility

CA: NouriTech aims to curb world hunger, create Memphis jobs

CA: NouriTech aims to curb world hunger, create Memphis jobs Investors broke ground in Memphis on Wednesday on a $660 million animal food ingredient plant they say will create up to 160 jobs and possibly help feed the world. The NouriTech plant will repurpose a 37-acre swath of Presidents Island, formerly part of Cargill’s corn sweetener operation that closed in 2015. On the site will rise what’s billed as the world’s largest gas fermentation plant, built to convert methane into a feed ingredient for fish, livestock and pets through a process similar to brewing. Announced last fall by agribusiness giant Cargill and California company Calysta, the plant … Continue reading CA: NouriTech aims to curb world hunger, create Memphis jobs

MDN: Start Co. Teams Hit Key Business Milestones

MDN: Start Co. Teams Hit Key Business Milestones Six of Start Co.’s alumni teams have hit major business milestones recently. The teams participated in the summer accelerator programs in 2013, 2014 and 2015 as well as participating in post-acceleration activities to continue to build their businesses. • Graph Story, which provides graph databases, applications and solutions as a service, has raised more than $1 million to date and reached break-even. It’s currently working toward its next major round of investment capital. • Cabsolutely, which connects taxi fleets with passengers via a mobile app and digital dispatching, has raised $600,000 to … Continue reading MDN: Start Co. Teams Hit Key Business Milestones

MDN: Busy Season for Start Co. Ramps Up

MDN: Busy Season for Start Co. Ramps Up The Start Co. organization is continuing its busy start to 2017 by playing host to a group of military entrepreneurs later this month, as part of a tour designed to introduce veterans to entrepreneurship resources. The veterans will be stopping at Start Co.’s Downtown office at 88 Union Ave. on March 25 for, among other things, a workshop that covers how to create a one-page business model and the how-to’s of customer development and messaging. Meanwhile, Start Co.’s 2017 program kicks off on May 1. As part of that accelerator programming, participants … Continue reading MDN: Busy Season for Start Co. Ramps Up