Bunker Brews – Knoxville

The next Bunker Brews – Knoxville meet-up is set for 4:30 to 6:30p.m. Thursday, February 22 at Maple Hall, 414 South Gay Street, Knoxville.

This is the latest event in the overall effort to organize a Knoxville Chapter of the non-profit organization that is focused on helping veterans interested in being entrepreneurs.

You can read Teknovation.biz’s most recent article about the effort here that also includes a registration link.

ORNL unveils five entrepreneurs, four companies in inaugural “Innovation Crossroads” cohort

(NOTE: This article was originally published on Teknovation.biz)

By Tom Ballard, Chief Alliance Officer, PYA

Oak Ridge National Laboratory (ORNL) set a goal of finding up to five of the nation’s top young energy innovators and, by all accounts, it appears the recruiting team has achieved its goal with the inaugural cohort for the “Innovation Crossroads.”

ORNL leaders publicly unveiled the four start-ups at an event yesterday in Oak Ridge attended by the innovators, researchers with whom they will be working, and two top administrators from the U.S. Department of Energy (DOE).

“If you look five, 10, 15 or 20 years ahead, where is the innovation going to come from to continue our nation’s economic growth,” Mark Johnson, Director of DOE’s Advanced Manufacturing Office, asked. His answer was “programs like this.” Joining Johnson from DOE headquarters was Johanna Wolfson, Director of the Technology-to-Market Program.

In a conversation ahead of the event, Johnson described “Innovation Crossroads” and two similar programs at other DOE labs as a post-doc program. After all, the five innovators have either earned their Ph.Ds. or are in the process of completing them.

For ORNL, yesterday’s announcement was the culmination of a process that began more than six months ago with a solicitation of applications. Day-to-day responsibility for “Innovation Crossroads” is being handled by Tom Rogers, ORNL’s Director of Industrial Partnerships and Economic Development, and Beth Conerty, Program Lead for Entrepreneurial Support and Development.

As described in this September 20 article from teknovation.biz, the program is part of a DOE effort to help accelerate clean energy technologies in an era of substantially limited venture capital. The ORNL initiative is the third in DOE’s Lab-Embedded Entrepreneurship Program (LEEP). The pilot, named “Cyclotron Road,” was tested at Lawrence Berkeley National Laboratory, and a second program, named “Chain Reaction Innovations,” started last year at Argonne National Laboratory.

A quick review of the resumes of the five entrepreneurs shows impressive pedigrees. Two either have or will soon earn their doctorates from the Massachusetts Institute of Technology (MIT) where one was Co-Director of the prestigious “MIT Clean Energy Prize,” the largest such student-led competition in the country. Another student is working on her Ph.D. at Vanderbilt University while also serving as a National Science Foundation Graduate Student Fellow. Yet another, ironically from Knoxville, just finished his doctorate at Cornell University. The final selectee is a local entrepreneur – Ming Qi – who has his own start-up named Peroxygen Systems and has already achieved significant recognition, winning a seed grant under DOE’s ARPA-E program and being selected to work with DOE’s National Renewable Energy Laboratory in the Departments’ “Small Business Vouchers” program.

Those credentials remind me of a frequent ad on the Golf Channel with a tagline of “These guys are really good.”

ORNL began accepting applications in mid-November and culled the initial round of more than 50 applicants to 16 semi-finalists who were brought to Oak Ridge for interviews. Nine finalists were selected for more interviews before yesterday’s announcement of the four start-ups that were eventually chosen.

The five Entrepreneurs – one team has two Co-Founders – arrived a few weeks ago to start the two-year experience. It includes a stipend that will help cover living expenses and healthcare, collaboration space at ORNL, up to $350,000 in R&D support from ORNL through a Cooperative Research and Development Agreement (CRADA), business model development assistance, help with marketing strategies, mentorship, and introductions to other successful energy entrepreneurs as well as potential industry partners.

Local organizations are supporting the effort including PYA, the power behind teknovation.biz. In PYA’s case, the firm will be helping these bright engineers with business structure and accounting advice. Also, through the relatively new Launch Tennessee Networks initiative, “Innovation Crossroads” participants will be able to access the Energy Mentor Network operated by the Tennessee Advanced Energy Business Council.

Click here to read the official ORNL news release.

Local Motors’ Olli to make its debut in September during Innov865 Week

April’s Innov865 Happy Hour sponsored by Three Roots Capital welcomed a special announcement from Knoxville Mayor Madeline Rogero, telling a hefty crowd at Scruffy City Hall that Local Motors’ self-driving electric vehicle Olli will soon be making its debut this September during Innov865 Week.

Olli was created at Local Motors’s micro factory in Hardin Valley using 3D printing technology.

Add that to the many reasons you should attend the Innov865 Alliance’s Signature Week celebrating entrepreneurship and the Knoxville startup community.

This comes after a series of technology announcements in East Tennessee. In Market Square earlier Thursday, Olli was unveiled for the public to get an up-close look at the innovation happening in Knoxville.

Knoxville Mayor Rogero announcing self-driving vehicle Olli will soon be taking over City streets.

It’s important to mention, Visit Knoxville is going to roll an Olli out on a test basis this fall at some events in places like World’s Fair Park and Chilhowee Park and Exposition Center.

The longer-term goal is to have Olli running on city streets, by the end of next year, for Visit Knoxville events and giving tours of the city following pre-programmed maps.

There was also a separate announcement on Tuesday from Knoxville entrepreneur Bill Malkes, founder of GRIDSMART.

The company has donated some of its new STREETSMART Wi-Fi data cameras for the City of Knoxville to pilot at some of the busiest intersections along Kingston Pike, specifically the intersection of Kingston Pike and Northshore Drive.

These cameras collect real-time traffic information on traffic flow and congestion, which City engineers can use to get better information about how and when traffic backs up on that corridor.

This will help the City make better adjustments to signal timing and eventually to respond immediately to changing conditions so that they can reduce congestion, reduce vehicle emissions, and get everybody where they’re going faster.

These two technologies combined could eventually become a fully connected smart transportation system, where you have vehicles like Local Motors’ Olli sending and receiving information to infrastructure like GRIDSMART’s cameras, allowing everything to move much more efficiently.

With both of these announcements and the work going on at Oak Ridge National Laboratory and across the Innovation Valley, Knoxville is well positioned to be on the forefront of smart transportation technology.

(L to R) Grady Vanderhoofven of Three Roots Capital, Bill Malkes of GRIDSMART, and Tom Ballard of PYA & Teknovation.biz

During the April Innov865 Happy Hour sponsored by Three Roots Capital, there was also a featured fireside chat with GRIDSMART Founder Bill Malkes and Three Roots Capital CEO & Meritus Capital Management Managing Partner Grady Vanderhoofven. The two, along with moderator Tom Ballard of PYA and Teknovation.biz, discussed the founding and growth of GRIDSMART and the role the company is playing in the intelligent transportation industry.

Bill and Grady talked about how the company was founded, raised capital, staffed the business, developed its product, established and expanded production in East Tennessee, and what the future holds for GRIDSMART.