Telecom giant AT&T is looking to hire about 100 people in Tennessee, where it also employs more than 5,300. The new hires are split roughly evenly between retail employees and technicians and are part of a national push to bring on more than 3,000 retail workers. In the Nashville area, AT&T has openings for 15 technician positions.
Marketing agency The A Group, which specializes in working with churches and nonprofits, has launched a sister company to help those groups improve their fundraising efforts via text messages. To launch Textify Mobile, 13 A Group employees contributed their time working on product development, branding and social media strategies, and graphic and web design in exchange for a share in Textify's profits.
“We saw an incredible need in the market as businesses and organizations were realizing how critical it was to have a text strategy, but weren’t finding solutions to meet their needs,” said A Group founder and CEO Maurilio Amorim. “Rather than try to fit our them into existing solutions we weren’t happy with, we decided to dream up our own.”
Launch Tennessee officials announced today the company will move its office space to downtown’s historic David G. Stone Building, located at 211 Seventh Ave. N.
A public-private partnership focused on supporting the development of high-growth companies in the state, Launch Tennessee will operate on the building’s second floor, above the Innovation Center.
“The energy and business diversity in this area makes the David G. Stone Building a perfect fit for Launch Tennessee,” Charlie Brock (pictured), Launch Tennessee CEO, said in a release. “With the Innovation Center in the same building, we will have a great environment to work directly with the entrepreneurs we support.”
The Innovation Center, which opened on the first floor of the Michael Shmerling-owned building (seen below) last November, contains about 10,000 square feet of meeting and collaborative workspace that assists small businesses, startups and early-stage companies as they develop. Flo Thinkery currently occupies the space as the company prepares for customization of its own facility later this year.
Henry Menge, managing director and principal broker at XMi Commercial Real Estate, represented the building owner in the lease negotiations. Tom Santi with Cassidy Turley represented Launch Tennessee.
"Adding Charlie Brock and his team to such a collaborative environment is a rare opportunity,” Menge said. “We feel that having them in the same building with other, unique entrepreneurs is a rare combination in the Nashville market.”
Launch Tennessee — which focuses on entrepreneurship, commercialization, capital and outreach — is funded, in part, by a state grant.
Hospital leader HCA has signed on as sponsor of the Entrepreneur Center. Beginning this quarter, the two organizations will look to beef up the four-year-old EC's health care programming. HCA last summer also backed the local launch of the Healthbox incubator based inside the EC.
"We are incredibly happy to have the opportunity to work with HCA as we help the startups of this city grow," said EC CEO Michael Burcham. "HCA is an incredible organization that epitomizes the potential successes of entrepreneurial growth in this city, and we appreciate their generous support."
Here is the press release from the organizations.
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.
For every buyer, a seller. And for every bull, a bear.
Earlier this week, Noble Financial analyst Vince Colicchio recommended investors jump back into HealthStream after shares of the health care education services company retreated some 30 percent since the fall. That move was quickly followed by the opposite recommendation Northland Capital's Scott Berg. His main reason was the pushing back of the deadline for health care providers to switch to ICD-10, a new coding system. The move will bring with it some financial fog about this year and next, said Berg, who cut his rating to 'market perform' from 'outperform' and his price target to $30 from $43.
Although we believe this delay could ultimately result in higher cumulative ICD-10 revenues, we are reducing estimates and downgrading from OP to MP, even though current share price might reflect the uncertainty, until we have better clarity.
Shares of HealthStream (Ticker: HSTM) are down about 2 percent since Berg's call Wednesday morning. They closed Thursday at $26.50 and are down about 19 percent so far in 2014.
The developers of InvisionHeart, a software application that lets cardiologists access electrocardiogram information through their smartphones or tablets, have received $100,000 from AOL founder Steve Case. The investment came at the end of Google For Entrepeneurs demo day in Silicon Valley and gets the InvisionHeart team several steps closer to its Series A goal of $1.25 million.