Both entities believe that entrepreneurial thinking is the foundation of the community’s future, and they gave seven startups an opportunity to pitch their business ideas to hundreds of investors.
“Since Chattanooga became America’s first Gig City, we have emerged as a place for entrepreneurs and next-generation businesses to thrive,” says Andy Berke, Mayor of Chattanooga.
GIGTANK connected the entrepreneurs involved with tools, capital, and contacts needed to get their ideas to market. Throughout the summer, the affiliated startups were given access to a support network of mentors, speakers, and specialists leading them down the path to demo day.
The focus of their work this summer centered on developing ultra-broadband applications and the launch of businesses based on those technologies. After pitching to investors, potential customers, and strategic partners, the successful startups will be invited to attend a national roadshow to showcase their products.
The seven GIGTANK startups that pitched include:
- AirCart (France): A retail technology focused on boosting revenue while delighting customers.
- FwdHealth (Chattanooga): A goal-centric user interface for your health and wellness apps and devices.
- HutGrip (Bulgaria): For manufacturing automation, this platform collects data about temperature, humidity, speed, pressure, flow, vibration levels, and energy consumption.
- Mira (New Jersey): Software for interactive digital signage that allows retailers to improve the in-store shopping experience.
- Sisasa (Michigan): Sisasa bridges the gap between financial institutions and young people.
- TidBit (Cayman Islands): Publish training content for employees, customers, and partners easily via mobile devices.
- WeCounsel (Chattanooga): A HIPAA-compliant cloud-based platform that connects mental health providers to their clients online.