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November 13, 2012 | Tom Ballard

Innovative Vision Solutions, LineShark win “ThrottleUp!” pitch competition

Two local start-ups – Innovative Vision Solutions and LineShark – won the “ThrottleUp!” pitch competition on Tuesday afternoon that concluded this year’s “Entrepreneurial Imperative” conference.

Each company won a $15,000 convertible equity investment from Tech 20/20. In addition, Innovative Vision Solutions won a $7,000 prize based on voting of those who attended the pitch competition.

“ThrottleUp!” was presented by the East Tennessee Regional Accelerator Coalition as part of the Tech 20/20-coordinated two-day conference that drew close to 200 people and featured a mix of local, regional and national speakers.

Tuesday’s keynote speaker was Eric Donsky, Managing Partner of Laguna Ventures.

Five companies presented during the “ThrottleUp!” competition. Judges were David Belitz of the Chattanooga Renaissance Fund; Charlie Crawford of Chrysalis Ventures in Louisville, KY; Vic Gatto of Solidus Capital in Nashville; Cameron Newton of NEST-TN in Tullahoma; and Betty Reed, an Atlanta-based merger and acquisitions consultant.

The two winners are in very different markets.

The other companies presenting were Credit Virgin, focused on helping college students manage their credit ratings before graduating; SummerSett Foods, developing a buffalo chicken food product; and Vendor Registry, providing a more seamless way for vendors and government agencies to connect on procurements.


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