The team at the Nashville Entrepreneur Center will on Friday unveil IdeaFrame, an application that promises to tell budding entrepreneurs in less than 10 minutes if their idea is worth pursuing. The software, which was created and designed by EC boss Michael Burcham and entrepreneur-in-residence Scott Rouse, has been used by EC mentors and advisors to vet the ideas that land on their desks. Check out more here.
From Frazier & Deeter, the regional CPA firm that last year acquired Work & Greer, comes an interesting concept that could find a place in the buzzing Music City entrepreneurial scene. The firm has launched FD Venture Farm, a monitoring service that will track a number of financial metrics of (mostly young) companies looking for growth capital and help them prepare for institutional investment. Check out more info here.
“Our investment criteria are such that we often must pass on companies with interesting and exciting businesses but have not yet reached the milestones necessary for us to move forward,” said Frank X. Dalton, Partner of Atlanta-based Fulcrum Equity Partners. “Assisting companies to be investment ready is a valued service. If they can successfully address a few issues, the chances of getting funded can be greatly enhanced. The FD Venture Farm service will help us keep in touch with these companies as they gain traction and become more suited to our investment profile.”
Now this looks like it could get interesting.
An impressive group of universities, manufacturing industry associations and others are partnering to set up AutoXLR8R, a 13-week boot camp that will look to develop ideas to improve automotive technology into viable businesses. The effort will take place this summer in Spring Hill and is being run by Tullahoma-based entrepreneur and investor Dan Marcum, who also helps run the NEST-TN TNInvestco fund and Relevance Capital. Interested in applying? You have another month and change to get your info to Marcum and his team.
SEE ALSO: The incubation program's website