INGATE

From The Sip Trunking Experts

TMCNet:  GigTank 2014: Eleven startups picked, talent level higher than ever [Chattanooga Times Free Press, Tenn. :: ]

[April 11, 2014]

GigTank 2014: Eleven startups picked, talent level higher than ever [Chattanooga Times Free Press, Tenn. :: ]

(Chattanooga Times Free Press (TN) Via Acquire Media NewsEdge) April 11--From a company that 3D prints custom shoes to a software analytics provider that helps power utilities harness the data generated by smart grids, 11 startup companies will converge on Chattanooga this summer for GigTank 2014.


The 12-week accelerator by Co.Lab aims to launch viable, tech-oriented companies out of the annual program, which culminates in a day-long pitch to investors in July. The 11 teams receive $15,000 in seed money, free housing at UTC and free workspace, as well as mentoring throughout the accelerator.

And at the end of the program, each team has a chance to land more money from a variety of investors in early-stage businesses.

This year's crop of startups was weeded from an applicant pool of about 65 companies, Co.Lab executive director Mike Bradshaw said. And the quality of the selected teams gets better every year as GigTank, which started in 2012, builds its reputation as an accelerator, he added. This year, many teams already have proven concepts and customers.

The Co.Lab staff has upped their game to meet the level of this year's startups, he said.

"It's raised the bar for us," he said. "To deliver anything useful to these teams, we've got to gather all the weight we can out of the community and put it in front of those folks. So far it's working. The high quality teams attract the interest of some pretty accomplished mentors." The 2014 program is focused on three tracks: 3D printing and manufacturing, healthcare and the smart grid. Tanner Carden, co-founder of Nestegg Bio, said his company spans both the healthcare and 3D printing arenas to make drug development easier and cheaper.

"We're using 3D printing to make a scaffold that can be used to create tissue samples, that can then be used to test drugs," he said. "The idea is that these products would come in before pre-clinical trials and be used to weed out possible failures outside of the FDA testing regimen, just to make better selections on what drugs would even be taken through to development." Nestegg Bio is based in Huntsville, Ala., but Carden said he's excited to connect with investors and advisers in Chattanooga during GigTank.

"It's been really astounding the type of network they've put together," he said. "They've got an incredible network of not just investors, but mentors and people that I'd really like to talk to." GigTank 2014 kicks off May 12, and will wrap up with Demo Day on July 29.

Contact staff writer Shelly Bradbury at 423-757-6525 or sbradbury@timesfreepress.com with tips and story ideas.

___ (c)2014 the Chattanooga Times/Free Press (Chattanooga, Tenn.) Visit the Chattanooga Times/Free Press (Chattanooga, Tenn.) at www.timesfreepress.com Distributed by MCT Information Services

[ Back To SIP Trunking Home's Homepage ]

Loading
Subscribe here for your FREE
SIP TRUNKING enewslettter.

Featured Partner


Featured Whitepapers

SIP Security for the Enterprise
Voice over IP (VoIP) is incorporated into a variety of computer networks, both public and private, and used for everyday transactions and communications among carriers, businesses, government agencies...

Making A Broadband Purchase Decision
Businesses today have many options for broadband connectivity. Clarifying your particular business needs prior to selecting a broadband provider will ensure an optimal match of broadband service to your requirements.

Voice-Optimized Network Delivers Premier Call Experience
Customers equate call quality with business quality. Real-time communication, interpersonal interaction, and the cordial tone of a call center representative can create a positive impression of your business that no email can match.

Featured Case Studies

Business Telecom Expenses Reduced 50%
A small to medium sized company in the midwest was interested in migrating to IP Communications, but in today's economy, they were hesitant to upgrade their communication system due to their perception that the cost would outweigh the benefits.

Multi-State Company Cuts Telecom Costs 50%
A multi-site, multi-state company with extensive monthly long distance fees and toll-free charges did not have adequate broadband for Broadvox SIP Trunking requirements, nor did they have a SIP enabled telephone system.

Discover Leisure Connects Remote Users to its IP-PBX
Discover Leisure is one of the largest resellers of caravans and motor homes in the UK. With 15 branch of?ces all over the country, the company spent a great deal of money every month just on internal phone calls.

Featured eBOOKS

Internet+: The Way Toward Global Unified Communication
Connecting the telephony of the enterprise PBX or Unified Communications (UC) system using SIP trunks instead of conventional telephone lines has been very successful in recent years.

What is SIP Trunking? Edition 2
SIP trunking is becoming more of a focus for service providers. One key issue many service providers face when deploying SIP trunks is NAT, or Network Address Translation, traversal.

What is SIP Trunking? Edition 1
A vast resource for information about all things SIP - including SIP, security, VoIP, SIP trunking and Unified Communications.

Featured Videos

Broadvox VAR Testimonial VAR 1:
Part 1 of the VAR (Value Added Reseller) Partner Program Testimonials for Broadvox...

E-SBCs AS The Demarcation Point:
Ingate's Steve Johnson talks to Erik Linask about the role session border controller plays as the demarcation point at...

Demystifying DPI
How can deep packet inspection protect your SIP traffic as well as your entire network?

Featured Resources

Partner Program Overview:
Over 4,000 VARs, Master Agents, Solution Providers, and Independent IT Professionals trust Broadvox. We offer customized services and solutions to fit seamlessly into any company's business model. And when you partner with Broadvox, every member of our team stands behind you and your customers 100%...

SIP Trunk UC Summit

What's New

Presenting the New Ingate/Intertex Website:
Internet+ is an extended Internet access allowing high quality SIP (Session Initiation Protocol) based real-time person-to-person communication, everywhere and for any application. It applies to both fixed and mobile networks ...

Featured Blogs

Featured Webinars

Secure SIP Trunking:
What You Need to Know

Successfully Deploying Enterprise SIP Trunking:
Tools and Techniques for Overcoming Common Roadblocks

Featured Podcasts

Getting the Most Out of Your SIP Trunks:
Ingate's Steve Johnson and TMC's Erik Linask discuss how best practices forgetting the most out of SIP Trunking services and common pitfalls to avoid.

Featured Datasheets

Ingate SIParator E-SBCs
Adopting SIP is a simple process with the Ingate SIParator, the secure enterprise session border controller (E-SBC). The SIParator makes secure SIP communications - including VoIP,SIP trunking and more - possible while working seamlessly with your existing network firewall.

Ingate Firewalls
Everyone is talking about enterprise usage of VoIP, instant messaging and other types of realtime communications including presence and conferencing.

SIP Trunk Solutions for Service Providers
The award-winning Ingate Firewall and Ingate SIParator deliver a high quality, reliable SIP trunk connection between the customer's IP-PBX and the service provider network, and solve interoperability issues to simplify deployments and support for remote diagnosis of reported issues.