New leader for JumpStart

The backers of Jumpstart Foundry have shuffled the incubator's leadership by bringing in recently named Solidus Principal Chris Poole to be managing director and having COO David Ledgerwood move into an entrepreneur-in-residence role. Poole joined Solidus in 2012 after working at The Work Institute for more than three years.

The moves are intended to sharpen cohort companies' financial focus and get more of them to a revenue-producing stage more quickly. Ben McIntyre at SouthernAlpha writes that Ledgerwood, who joined Jumpstart early last year, also will build a faculty residence team.