A new pipeline for tech talent

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In Memphis, IT directors are struggling to find tech talent, with over 1,000 openings going unfilled. At the same time, many people are desperately seeking to change to high-paying careers. Start Co, the leading entrepreneurship development organization, founded Capital C as a bridge between the two situations. Capital C is a code school for adults who are serious about landing jobs as entry-level software and web developers.

Read the full article at High Ground News

Memphis Poised to Become Regional Anchor for Entrepreneurs

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A federal agency’s attention to Memphis’ entrepreneurial ecosystem could bring stronger investment and resources for startups.

Of the 16 startups that presented, SweetBio, LendMed, MyCollegeSTREAM and FrontDeskConnect were selected to be fellows in the DRA’s Delta Entrepreneurship Network. The DRA was so impressed with the field that it selected four businesses instead the original plan of three, according to Christopher Masingill, DRA’s federal co-chairman.

SweetBio is a graduate of Memphis Bioworks’ ZeroTo510 accelerator, and LendMed and MyCollegeSTREAM are graduates of Start Co.’s accelerators. Musistic, also a Start Co. graduate, was selected as an alternate.

Read the full article at The Daily News

Memphis-Based Cabsolutely Expands Into Nashville

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Cabsolutely, a 2014 graduate of Start Co.’s Upstart accelerator, has reached its first regional market. Now a partner with Nashville-area Kwik Cab, the service platform provides cloud-based dispatch software and an app for cab drivers to better compete with tech-savvy ridesharing platforms. Cabsolutely currently is accepting beta testers for its upcoming passenger app, which will allow smartphone users to hail, pay for and rate a cab experience. It also has partnered in Memphis with Premier Transportation.

Read the full article at The Daily News

Local company offers new lending system for the medical industry

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To address the ever-increasing costs of heathcare, startup company LendMed may be just what the doctor ordered.
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“Hospitals can’t always anticipate the specific needs of every patient or afford to keep every medication or surgical device in their inventory,” explained Ryan Freiden, Founder of LendMed. “As a result, hospitals in the United States borrow from one another nearly 50,000 items per week.”
Read the full article at High Ground News

Memphis startup simplifies home sales

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Homebuyers and real estate agents have a new sales tool at their disposal. In contrast to the traditional real estate model, MLS My Nestintroduces cost-sensitive home sellers to agents in their area who will list their home for a flat fee of $1,500 instead of a percentage commission fee. Co-founded in Memphis by Jessica Buffington and Dustie Zvolanek, in just 60 days their team has expanded to 23 cities, 35 network Realtors(R), 87 listings, with two homes already sold.
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In high-demand markets, homes are practically selling themselves, so it is often hard for homeowners to justify paying a three percent commission fee to a listing agent. On the other hand, sellers often prefer the benefit of full representation by an agent, which includes the value of an MLS listing that better ensures buyer traffic.
Read the full article at High Ground News