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Business Stories That Connect

Welcome to Teknovation Weekend. This special section brings you stories on established businesses here in Knoxville, as well as economic news and ongoing trends. If you have news items you would like to share with us, please email news@teknovation.biz.

Tennessee makes top 10 for tax environment for business and other regional news

(EDITOR’S NOTE: This is a roundup of business news from throughout the Knoxville region. If you have some business news that you would like to be included in Teknovation Weekend, please email us at news@teknovation.biz.) Tennessee ranks as the eighth-best state in tax environment for businesses The Tax Foundation, a…

Legacy Parks Director says thoughtful planning needed as region continues to grow

By Kailyn Lamb, Marketing Content Writer and Editor, PYA The beauty of Eastern Tennessee is almost always cited as one reason for population growth in the region in recent years. One organization responsible for maintaining green space in Knoxville and the surrounding area is the Legacy Parks Foundation. Carol Evans,…

Ministry Brands and Clayton’s milestone anniversary headline this week’s news roundup

(EDITOR’S NOTE: This is a roundup of business news from throughout the Knoxville region. If you have some business news that you would like to be included in Teknovation Weekend, please email us at news@teknovation.biz.) Ministry Brands receives majority investment from Reverence Capital Partners Reverence Capital Partners recently made a majority…

Longtime employee takes the reins of beloved music store

By Tom Ballard, Chief Alliance Officer, PYA A small Knoxville business with a reputation for supporting school bands and orchestras in the region changed hands at the end of September when a longtime employee acquired the iconic retailer. Rush’s Music, located on Chapman Highway just across the Henley Street Bridge…

November “ECO” report continues to look at business impacts of COVID-19

By Kailyn Lamb, Marketing Content Writer and Editor, PYA In the November edition of the Knoxville Chamber’s “Economic Conditions Outlook” (ECO) report, the organization continues to survey companies on the impacts of COVID-19 on local businesses. The report is powered by First Horizon Bank. Due to a technical issue, November…

Tennessee named state of the year and airport updates in this week’s roundup

(EDITOR’S NOTE: This is a roundup of business news from throughout the Knoxville region. If you have some business news that you would like to be included in Teknovation Weekend, please email us at news@teknovation.biz.) Tennessee Named State of the Year as Best Dealmaker Tennessee has been named 2021 State…

UT Boyd Center report shows consumer spending has pushed GDP to pre-pandemic levels

A new report revealed a surge in consumer spending this year helped boost the state’s inflation-adjusted gross domestic product (GDP). The “Economic Report to the Governor of the State of Tennessee” was released by the Boyd Center for Business and Economic Research at the University of Tennessee, Knoxville (UTK), and…