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Category: Innovation

100Knoxville | Laura Faye is the next big luxury handbag brand

By Shannon Smith, Teknovation Assistant Editor, PYA Jessica Robinson loves all things fashion. “I actually fell in love with fashion in high school,” she said. “In 11th grade, I was nominated for best dressed.” She got a degree in fashion merchandising, went back for a master’s, and ended up at an internship with…

LaunchTN announces two key hires, new role for another staffer

Launch Tennessee (LaunchTN) has announced two new hires and the move of another key team member to a new position. Emily Masters joined the organization in September as Development Director. A lifelong resident of the Volunteer State, Masters has more than 20 years of experience in both the nonprofit and…

Weekly “News & Notes” includes a recognition and several celebrations

Not as many items for this week’s “News & Notes” feature due to the holidays, but they range from a recognition for retiring Oak Ridge National Laboratory Director Thomas Zacharia to celebrations for the graduates of Cohort 2 of the CO.STARTERS program in Maryville and two Nashville area companies celebrating…

David Cummings suggests swallowing hard and reset the unrealistic valuation

David Cummings, Founder of the Atlanta Tech Village and also Founder and Chief Executive Officer of Atlanta Ventures, writes about unrealistic valuations in his latest column. Noting that one of the big challenges he’s been discussing with entrepreneurs is the massive reset in valuations, Cummings declares, “The huge ARR (annual rate of return)…

Schneider Electric commits $520 million to SE Ventures Fund II

SE Ventures, a venture-investing firm backed by French energy and automation giant Schneider Electric SE, has announced a roughly $520 million new fund which will target start-ups building digital tools in areas like climate technology, predictive maintenance and the internet-of-things. Combined with its inaugural fund, launched in 2018, Fund II will…

Tennessee started 837 transportation projects this year

Tennessee leveraged $1.1 billion in federal highway and bridge formula funds in fiscal year 2022 to help jumpstart 837 new improvement projects in communities across the state. This all occurred during the first year of the “Infrastructure Investment and Jobs Act” (IIJA), a review of U.S. Treasury Department data through…

Happy Thanksgiving to our readers

We extend our best wishes for a very Happy Thanksgiving. Like many of you, the team at teknovation.biz will be enjoying the holidays with family and friends, so we will not publish again until Monday, November 28. Please enjoy you holiday and stay safe.…

Nick Sokol is all about algae

By Tom Ballard, Chief Alliance Officer, PYA Nick Sokol says he has always had the “entrepreneurial bug,” driven in part by his interest in atmospheric sciences, and today he’s scratching that start-up itch with a company focused on algae. Born in Charleston, SC and raised in the Baltimore, MD area,…

“Startup Mountain Summit” planned for next October in Johnson City

The Appalachian Highlands’ first and only conference for entrepreneurs will make its debut next fall 2023, specifically October 25-27 at East Tennessee State University’s (ETSU) Martin Center in Johnson City. Organized by local non-profit FoundersForge and ETSU’s College of Business and Technology, the “Startup Mountain Summit” will focus on combining…

Eight ORNL scientists, seven UTK faculty members among world’s most highly cited researchers

Eight Oak Ridge National Laboratory (ORNL) scientists and seven faculty members at the University of Tennessee, Knoxville (UTK), including three who have appointments at both institutions, are among the world’s most highly cited researchers, according to a bibliometric analysis conducted by the scientific publication analytics firm Clarivate. The annual “Highly…