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Author Archives: Tom Ballard

PART 3: Bryan Hall “excited and humbled to step into (Hammontree’s) shoes.”

(EDITOR’S NOTE: This is the final article in a three-part series discussing a transition underway at the Tellico Reservoir Development Agency.) By Tom Ballard, Chief Alliance Officer, PYA “Ron’s been a mentor to me,” Bryan Hall says of the long-time Executive Director of the Tellico Reservoir Development Agency (TRDA) whom he is succeeding. “We’ve worked on many projects together, and...

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Great year thus far for healthcare venture investments

U.S. healthcare companies collected $23.4 billion in venture capital funding this year, surpassing the amount the sector obtained in all of 2017, according to a recent report from Pitchbook. For the healthcare sector, pharmaceuticals and biotechnology amassed the most cash, raking in more than $14 billion in 548 deals through the third quarter of 2018. Read more here....

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BioCrossroads launches third fund at $9 million

BioCrossroads, the Indianapolis-based entity that has raised nearly $25 million in seed funding since 2005, just announced the formation of its $9 million Indiana Seed Fund III. The first two funds invested in 24 start-up companies in Indiana. Read more here....

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PART 2: Hammontree has always been interested in education, workforce development

(EDITOR’S NOTE: This is the second article in a three-part series discussing a transition underway at the Tellico Reservoir Development Agency.) By Tom Ballard, Chief Alliance Officer, PYA Education, particularly preparation of individuals for the workforce, is something that is near and dear to Ron Hammontree’s heart. He’s a former top administrator with the then Tennessee Department of Labor who...

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John Havaner featured speaker at this month’s TN Inventors Association meeting

John Havaner, a consulting Chemical Engineer, a freelance writer, and holder of 25 issued patents, is the featured speaker at the next monthly meeting of the Tennessee Inventors Association. The meeting is set for 10 a.m. to 12 noon October 27 at the Lincoln Memorial University campus, 421 Park 40 North Boulevard, Knoxville. Pre-registration is not required....

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Extended reality “sticking around and shaking things up”

As this post from the Atlanta Tech Village notes, “like it or not, this tech trend  (extended reality) is sticking around and shaking things up.” The term applies to augmented reality (AR), virtual reality (VR), and mixed reality (MR)....

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Target launches fourth accelerator focused on Gen Z entrepreneurs

Retail giant Target is launching a fourth start-up accelerator. Named simply the “Target Incubator,” the initiative is focused on Gen Z entrepreneurs who may not have even publicly launched. Target is asking is that the companies have taken some steps to try to get traction. It just needs to be more than “an idea,” and it needs to be established as...

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CORRECTION: Just a few zeros missing!

Thanks to Jim Biggs of the Knoxville Entrepreneur Center for alerting us that the headline on this post from yesterday – now corrected – should have read as it now does – “billion” rather than “million.” That’s what happens when you are at the beach and not as attentive as you should be! Surf’s up....

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PART 1: Ron Hammontree retires “sort of” from TRDA

(EDITOR’S NOTE: This is the first article in a three-part series discussing a transition underway at the Tellico Reservoir Development Agency.) By Tom Ballard, Chief Alliance Officer, PYA Twenty-two years might seem like a long time to many, but the tenure has been a passion that has kept Ron Hammontree youthful and will continue to do so even after he...

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Atlanta-based GCMI announces second medtech accelerator

Atlanta’s Global Center for Medical Innovation (GCMI) announced plans to open a second start-up accelerator for medtech companies in conjunction with Israel’s Rambam Health Care Campus. The second accelerator builds on the efforts of GCMI, a Georgia Tech affiliate, to accelerate medtech start-ups which began last year with its A1 Accelerator. Learn more about the latest initiative here....

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Venture capital on track to top $100 billion in investments in 2018

The third quarter edition of the “PitchBook – NVCA Venture Monitor” has just been released, and it shows that the industry is poised to make more than $100 million in investments by the end of 2018. Click here to read a summary that also has a link to download the report....

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Kraft Heinz creates $100 million food tech-focused venture fund

Foot giant Kraft Heinz is launching a $100 million venture fund called Evolv Ventures that will invest in emerging tech companies transforming the food industry. The fund’s top executive said it would target start-ups focused on supply chains, logistics, e-commerce and direct-to-consumer projects. Read more about the new initiative here....

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