By Tom Ballard, Director of Innovation and Entrepreneurial Initiatives, Pershing Yoakley & Associates, P.C.
Doug Speight, President and Chief Executive Officer of Oak Ridge-based Cathedral Leasing, was ecstatic yesterday when we caught-up with him shortly after the announcement that his start-up had been accepted into the QueenCity FinTech and RevTech Labs 12-week accelerator.
The combined program is led by Dan Roselli, Founder and Owner of Packard Place that is billed as the city’s Innovation Hub. QC FinTech’s focus is on financial technologies, while RevTech Labs concentrates on revolutionary and disruptive technologies across a broader range of industries.
“We are extraordinarily excited by our selection, being one of only 10 start-ups from an initial group of 115 applicants from 23 states and 22 countries,” Speight said. “For Cathedral, this gives us greater connectivity to financial mentors in the markets where the major sponsors reside.”
Those sponsors include two financial giants – Wells Fargo and Bank of America.
“The selection also extends our reach in Charlotte to private equity funds, family offices, and other leasing companies,” Speight noted. The accelerator kicks-off on March 2.
Cathedral is the only company from Tennessee and one of only three from the South selected to participate.
We first wrote about Speight’s journey a year ago in this teknovation.biz post. Since that February 2014 article, the former Oak Ridge National Laboratory team member has become well-recognized in the 3D printing space. He was Entrepreneur-in-Residence at Chattanooga’s CO.LAB and ran the additive manufacturing track for last year’s “GIGTANK.”
To read the full announcement made yesterday, click here.