Applications Open For Eighth Annual ‘Will This Float?’ Competition

Tuesday, September 19, 2017

The Company Lab is seeking applications for its eighth annual ‘Will This Float?’ competition, which showcases up-and-coming startup ideas in southeast Tennessee. Prospective participants must submit their business concepts by Oct. 3 to enter into consideration.
 
The competition will take place Oct. 16 from 6-9 p.m. at River Place. Tickets cost $5 in advance or $7 at the door.
 
The 2017 edition of ‘Will This Float?’ will highlight new, high growth potential business concepts in a variety of industries.

Entrepreneurs working in all fields and focus areas are encouraged to apply. Preference will be given to novel, early-stage ideas that have the potential to grow into highly-successful companies. Submissions will be narrowed to a maximum of eight finalists that best meet a set of five assessment criteria. Cash prizes of $1,000 and $500 and $250 will be awarded to three winners at the culmination of the competition.
 
“Over the years, some of Chattanooga’s most promising entrepreneurs have debuted their companies at Will This Float,” said Marcus Shaw, chief executive of CO.LAB. “Startups like Variable, Inc., Bellhops and RootsRated pitched their early-stage ideas at this competition, so we’re looking forward to seeing which up-and-coming companies step out into the spotlight this time around."
 
Established in 2010, ‘Will This Float?’ is an annual business pitch competition that celebrates the spirit of entrepreneurship in southeast Tennessee. Participants each get three minutes to pitch their startup idea before a panel of judges and an audience of local startup leaders, general attendees and potential mentors and business partners. Once all the presentations are complete, the judges will deliberate backstage. At the end of the evening, CO.LAB will announce first and second place winners. The top honoree will receive a cash prize of $1,000 and an Interactive Pass to SXSW, the first runner up will receive $500 and the recipient of the most audience votes will receive $250. The first and second place winners will also receive a package of free business services to continue developing their ideas. Those packages include:
10 hours of legal services from Chambliss Startup Group or Miller & Martin;
10 hours of accounting services from Henderson, Hutcherson & McCullough;
Three months of access to co-working space at Society of Work; and
A spot in the CO.LAB Accelerator, GIGTANK Accelerator, CO.STARTERS program or Roadmap program 

"Over the last seven years, ‘Will This Float?’ has showcased approximately 67 entrepreneurs who have raised more than $42 million in combined capital. The event attracts an average of 250 attendees annually, making it one of the most prominent business pitch competitions in the region. A number of notable entrepreneurial successes have grown out of Will This Float?, including SupplyHog, NODE (Variable, Inc.), RootsRated, Chattanooga Sports Leagues, Granola and Innovasan,' officials said.

Click here to learn more about ‘Will This Float?’ or to submit an application. To register as a general attendee, click here. A recap of last year’s event is available here.



Nominations Open For Chattanooga Chamber Of Commerce Spirit Of Innovation Award

Nominations are now open for the Chamber’s 2018 Spirit of Innovation Award, recognizing innovative businesses with more than $50,000 of revenue to date. Nominate a business for Spirit of Innovation  here.  The award honors businesses that originated in our region and have potential to impact many people and inspire change either within one industry or across ... (click for more)

ALDI Brings New Jobs To Chattanooga With Hiring Event On Friday

ALDI will host a hiring event for its Chattanooga-area stores on  Friday . Known for offering market-leading wages and health insurance, ALDI is one of the fastest growing retailers in the U.S., creating new opportunities for people locally and nationwide. The event will be held from 7:30 a.m.-2 p.m. at Holiday Inn Express, 440 West Martin Luther King Boulevard. ALDI ... (click for more)

Firefighters Battle 2-Alarm Fire On Workman Road Tuesday Morning

Chattanooga firefighters were dispatched at 6:03 a.m. on Tuesday, to a commercial fire at 400 Workman Road. When the first firefighters arrived on the scene, flames were shooting through the roof and the request was immediately made for a second alarm response. The flames could be seen for miles as a total of 13 fire companies rushed to the scene. The large, two-story ... (click for more)

Senator Watson And Rep. Hazlewood Ask TDOT To Move Swiftly On Highway 127 Road Project Up Signal Mountain

State Senator Bo Watson (R-Hixson) and Rep. Patsy Hazlewood (R-Signal Mountain) have asked the Tennessee Department of Transportation (TDOT) to move swiftly on the Highway 127 project leading up Signal Mountain. In a sternly-worded letter, the lawmakers asked TDOT Commissioner John Schroer to prioritize the road project due to further deterioration of the road. ... (click for more)

Here We Go Again With The Same Cummings Highway, 12th Street Flooding - And Response

Here we go again with the same pitiful news reports about the Cummings Highway Interstate interchange with I-24 - Flooding yet again after a heavy rain.  TDOT is derelict in not having repaired this years ago.  How hard is it to get some excavators out there to dig up the collapsed drainage pipes which TDOT says are the cause of the flooding and replace them with ... (click for more)

Deal With The Graffiti Vandals

I travel to other neat old cities and don't see nearly the graffiti vandalism as in Chattanooga. Why do we allow one or two or three repeat vandals to mar our venerable Walnut Street Bridge, the pillars to the Holmberg Bridge, the remodeled Chief John Ross Market Street Bridge, the walls along our multi-million-dollar Riverwalk, our sidewalks, street signs and our old limestone ... (click for more)