Innovation Crossroads Showcase

Join TAEBC and LaunchTN for the Innovation Crossroads Showcase! RSVP here

About this Event

Innovation Crossroads, located at Oak Ridge National Laboratory (ORNL), is the Southeast’s only entrepreneurial research and development program based at a U.S. Department of Energy national laboratory. The program, supported by the U.S. Department of Energy’s Advanced Manufacturing Office and Tennessee Valley Authority, leverages ORNL’s unique scientific resources and capabilities and connects the nation’s top innovators with experts, mentors, and networks in technology-related fields to take world-changing ideas from research and development to the marketplace.

Presented by the Tennessee Advanced Energy Business Council and LaunchTN, this virtual event will feature a fireside chat with Cortney Piper, TAEBC Executive Director, and Van Tucker, LaunchTN Interim Chief Executive Officer.

During this event, you’ll hear pitches from Innovation Crossroads’ Cohort Four startups!

The event will showcase a panel discussion with Dan Miller, Director of Innovation Crossroads, and Cohort Two alumni as they give us updates on their businesses and what their experience was like in Innovation Crossroads.

There will also be discussions on the resources available for energy startups, including the TAEBC’s Energy Mentor Network!

This event will take place via Zoom Webinar.

LaunchTN’s 36|86 Entrepreneurship Festival panel sessions with TAEBC Executive Director, Innovation Crossroads Cohort Three, highlight value of Energy Mentor Network

LaunchTN’s 36|86 Entrepreneurship Festival celebrates visionaries and innovators who are actively shaping their entrepreneurial ecosystems through their expertise, research and forward-thinking ideas. 

During the 10-day, virtual festival, Tennessee Advanced Energy Business Council Executive Director, Cortney Piper, spoke in a panel session about innovation partnerships, while the Innovation Crossroads Cohort Three startups held a live Q&A session with alumni Megan O’Connor of Nth Cycle. O’Connor and the Cohort Three startups are enrolled in TAEBC’s Energy Mentor Network program.  

The “Startup, Inc.: Advancing Strategy with Innovation Partnerships” panel session featured Piper; Reed Hayes, AVP of Digital Strategy & Innovation at Unum; and Anthony Oni, Co-founder and CEO of Cloverly, and Vice President Corporate Communications at Southern Company Gas. The panel was moderated by Daley Ervin, the Managing Director of Engage. 

Participants discussed how investing in innovation partnerships can be lucrative for small or large businesses, and can help rapidly increase scale for emerging companies or advance existing strategies for market incumbents. They explained how and why companies and organizations invest in establishing these partnerships, along with how other businesses can benefit from doing the same.

Piper spoke about the mission of TAEBC to champion advanced energy as an “economic development and job creation strategy,” along with the Energy Mentor Network, which is run by TAEBC in partnership with LaunchTN. One of the main goals of the Energy Mentor Network, said Piper, is to “foster the growth of advanced energy companies and technologies in the state of Tennessee.” 

In the final segment of the panel, Piper explained that the Energy Mentor Network helps startups learn how to “concisely and compellingly” tell their story, understand that “just because a company can partner with you, doesn’t mean they will,” and to be persistent when reaching out to potential partners or sources of funding.

Meanwhile, the “Live AMA with ORNL’s Innovation Crossroads” showcased O’Connor sitting down with seven members of Cohort Three to discuss what is next on the frontiers of cleantech and energy. Cohort Three includes Williams Fitzhugh of American Nanotechnologies Inc., Hicham Ghossein of Endeavor Composites Inc., Jesse Claypoole of MantaPoole Technologies, Leila Safavi of Purist Inc., Trevor McQueen of Neptune Fluid Flow Systems, Alex Lewis of Electro-Active Technologies Inc., and Jesse Thornburg of Grid Fruit

During the session, Cohort Three startups answered questions ranging from what advice they would give to burgeoning entrepreneurs to how the Tennessee ecosystem has helped their companies over the past year.

“This area has so much to offer. It’s so accessible,” explained McQueen. “It has helped every facet of our business grow. We couldn’t be happier.” 

Safavi remarked that the best piece of advice she would give to new entrepreneurs or researchers is to have a “great support group.”

“Without them pushing me forward at times when I had doubt, without their support, it wouldn’t be possible,” she continued. “Having a good group of supporters that can advise you and help you move forward is key.”

O’Connor echoed Safavi’s advice about the importance of support systems, saying, “I think that’s one of the great benefits of Innovation Crossroads, having that really early stage support behind you.”

To learn more about the Energy Mentor Network program or become a mentor, click here.

TAEBC Annual Meeting 2020 highlights transportation electrification initiatives, advanced energy leadership

The Tennessee Advanced Energy Business Council (TAEBC) held another successful Annual Meeting at Schneider Electric’s Nashville Hub earlier this month.

TNECD Commissioner and TDEC Commissioner Featured speakers included Commissioner Bob Rolfe of the Tennessee Department of Economic and Community Development (TNECD) and Commissioner David Salyers of the Tennessee Department of Environment and Conservation (TDEC), who spoke about electric vehicles (EV) and their role in Tennessee’s advanced energy economy.

The event kicked off with TAEBC awarding Dan Hurst, CEO and founder of Strata-G, with the second-ever Thomas B. Ballard Advanced Energy Leadership Award, which honors exemplary leadership and success in championing, connecting, and strengthening Tennessee’s advanced energy economy. Last year, the inaugural award went to Ballard himself.  

“As a founding board member of the Tennessee Advanced Energy Business Council, Dan Hurst embodies the qualities of a servant leader,” said Cortney Piper, Executive Director and Vice President of TAEBC. “His dedication and commitment to building a new organization that represents an entire industry that makes Tennessee a better state in which to live, work and play is truly admirable. That same vision and devotion have enabled Dan to lead and grow a successful business in East Tennessee that embraces energy innovation, environmental stewardship and sustainability.”

Schneider Electric’s Vice President of Power Products, Emily Heitman, welcomed TAEBC to Schneider Electric’s Nashville Hub and reinforced the company’s commitment to doing business in Tennessee. Her presentation was followed by Piper, who outlined TAEBC’S top achievements in 2019 and emphasized the organization’s goals and priorities moving into 2020. 

Next, Silicon Ranch Corporation’s Director of Regenerative Energy and Land Management, Michael Baute, spoke about the company’s holistic approach to solar power plant design, construction, and operations. Since launching Regenerative Energy with one 52-acre project in 2018, the program has grown exponentially with 31 projects on 5,923 acres throughout five states this year.

On TAEBC’s Energy Mentor Network Panel, Helge Nestler, Founder and President of Ginko Technologies, pitched his startup and mission to accelerate the use of sustainable waste treatment methods to reduce landfills and recover energy from waste. Afterwards, he was joined by Ira Weiss, Energy Mentor Network Entrepreneur-in-Residence and principal of Weiss Associates, for a panel discussion about Nestler’s entrepreneurial journey and value of the Energy Mentor Network program for startups like Ginko Technologies.

Later, Drew Frye, Senior Power Utilization Engineer at TVA, spoke about EV trends and the utility’s EV strategy for the state. In addition to providing a 10-year snapshot of the role of EVs from 2010 until now, Frye highlighted TVA’s role with Drive Electric Tennessee and what is next on the horizon for TVA, including improving charging infrastructure, enhancing consumer awareness, promoting supportive EV policies, and ensuring EV availability. 

Commissioner Salyers also spoke about Drive Electric Tennessee and the continued development of a statewide EV charging network. He reinforced TDEC’s commitment to providing a cleaner, safer environment and support for technologies that reduce emissions and improve air quality. Through its electrification efforts, “TDEC seeks to improve transportation efficiency, reduce vehicle emissions, and strengthen the resiliency of the transportation sector.”  

“Our vision for Tennessee is to become a leader in the electric transportation space,” remarked Salyers. “Electric vehicles have the potential to make our transportation system both more efficient and more resilient. We are excited to continue working alongside our fantastic partners to achieve these benefits.”

During Commissioner Rolfe’s TNECD update, he emphasized how the agency’s “first job” is to create high-quality jobs for Tennesseans. His second job, explained Rolfe, is to make sure the companies that call Tennessee home “are happy,” such as Volkswagen, Nissan, and others who are focused on EV efforts. 

“We’re going to focus on recruiting companies to Tennessee that are focused on the electric vehicle business because we think it’s here to stay,” said Rolfe. “For Tennessee to remain number one in the southeast, we’re going to be doubling down on those efforts.”

After their presentations, Saylers and Rolfe held a joint Q&A session, where they answered a range of audience questions. For example, when asked what TAEBC can do to support the state’s efforts in propelling electrification efforts further, Saylers emphasized the importance of workforce development programs that promote technical training for jobs that support the state’s advanced energy economy.

Rolfe echoed Sayler’s statements, adding, “a lot of good things are happening in Tennessee, but what we can continue to do is to make it the most inviting, business friendly state to come do business in.”

Launch Tennessee adopts updated strategic plan, emphasizes capital formation, market building, and resource deployment

Launch Tennessee’s (LaunchTN) Board of Directors recently adopted an updated version of its strategic plan at its latest quarterly meeting. The updated plan emphasizes three key strategies: capital formation, market building, and systemic resource deployment. 

Capital Formation
According to the plan, one of LaunchTN’s strategies is to “expand capital resources and expedite their availability to TN businesses so that they can grow, be sustainable, create jobs, and build accessible economic prosperity for our state.” To achieve this strategy, LaunchTN’s objectives are to increase access to available LaunchTN capital and proactively engage with investors across the state, country, and world to improve access to non-LaunchTN capital. The organization will also develop outbound marketing initiatives to target other investors. 

Market Building
Building upon capital formation, LaunchTN intends to “identify and recruit recognized leaders in relevant markets to drive a systemic solution for stakeholders to engage, connect, and achieve mutually beneficial results by working together.” To adhere to this strategy, LaunchTN has three main objectives: build an accountable environment of systemic teamwork, collaboration, and communication with market and ecosystem builders; optimize corporate/big company engagement with startups; and develop outbound marketing initiatives targeting market and ecosystem builders. 

Systemic Resource Deployment
LaunchTN wrote that it aims to “streamline the connection of our statewide Network Partners and other stakeholders to resources that enable a high-functioning ecosystem in Tennessee for entrepreneurship.” LaunchTN has outlined four objectives in order to work toward this strategy: enhance and drive connectivity and convening; establish competitive policy influence; implement and optimize information systems; and develop and execute an outbound marketing strategy. 

In addition to other changes, CEO Margaret Dolan highlighted the organization’s new mission and vision statement to include the words “empowering a network of resources.” 

One of TAEBC’s commitments to our members and stakeholders is to foster the growth of Tennessee’s advanced energy technologies and startups. TAEBC works to fulfill this goal through our Energy Mentor Network that serves as one of LaunchTN’s Statewide Network Partners and pairs knowledgeable mentors with promising new companies and entrepreneurs in the region. 

Currently, the Energy Mentor Network has six participating startups who are working through the structured program, which involves panel presentations and mentoring sessions. The purpose of the program is to help develop and support quality advanced energy startups. Four startups have graduated from the program to date. To learn more about Energy Mentor Network startups or become a mentor, click here.

Remembering TAEBC’s 2019 accomplishments, what to expect in the new year

As the new year looms upon us and we welcome a new decade, the Tennessee Advanced Energy Business Council (TAEBC) is celebrating its 2019 achievements.

By championing advanced energy as an economic development and job creation strategy, TAEBC is positioning the state and its members to increase our leadership role in the $1.4 trillion global advanced energy market.

TAEBC wants to reinforce our commitment to our members and stakeholders:

  • Inform the national energy agenda.
  • Help Tennessee become the #1 location in the Southeast for high-quality jobs.
  • Foster the growth of Tennessee advanced energy technologies and startups.
  • Support TVA and our local power companies’ efforts to become the energy companies of the future.

We look forward to our annual membership meeting in Franklin, but until then let’s reflect on our top accomplishments from 2019.

  1. SkyNano and Active Energy Systems became the third and fourth graduates from the Energy Mentor Network. The companies were part of Oak Ridge National Laboratory’s Innovation Crossroads cohort one, where they are now recognized as honored alumni.
  2. TAEBC held its Annual Membership Meeting in Franklin, Tennessee at Schneider Electrics headquarters. TAEBC members, stakeholders and supporters heard from Schneider Electric’s Vice President of Utility & Microgrid Solutions Don Wingate, who touched on the new energy landscape emerging with more microgrid implementation happening across the United States. Attendees also heard from Chris Hansen, TVA’s Director of Pricing Strategy & Origination, who spotlighted the energy company’s efforts to meet renewable energy expectations of Google and Facebook for new data centers the companies were constructing in the Valley. Both global giants are known for their commitments to sustainability and clean energy.
  3. During the annual meeting, renowned Tennessee collaborator and partnerships builder Tom Ballard received the Thomas B. Ballard Advanced Energy Leadership Award named in his honor. The Thomas B. Ballard Advanced Energy Leadership Award honors exemplary leadership and success in championing, connecting, and strengthening Tennessee’s advanced energy economy. TAEBC announced the Thomas B. Ballard Advanced Energy Leadership Award will be an annual award, accepting nominations every year and presenting the winner with the honor at future annual meetings.
  4. TAEBC had a full calendar year filled with events that engaged both members and stakeholders alike including:
    1. TAEBC Executive Director & Vice President Cortney Piper, Michael Garrabrant with Stone Mountain Technologies and Launch Tennessee executives were at Tennessee’s Capitol Hill earlier this year for Innovation Week on the Hill, connecting entrepreneurs and innovators with legislators to discuss key challenges facing small businesses.
    2. The Tennessee Advanced Energy Business Council hosted a new “Ask Me Anything” event that gave attendees the opportunity to “ask anything” from some of the most well-known energy CEOs in the state, including Matt Kisber of Silicon Ranch Corporation. The “Ask Me Anything” session provided intimate, candid discussions between attendees and energy CEOS where attendees could “ask anything” related to business, strategy, work-life balance and everything in between.
    3. TAEBC held a Lunch & Learn with TVA board member Jeff Smith and new TVA CEO Jeff Lyash to discuss what they envisioned in the future for the energy company and giving members the opportunity to have an open dialogue with TVA leadership.
    4. The Energy Mentor Network’s mentors had an opportunity to meet the Innovation Crossroads recently inducted third cohort, where they heard pitches from the energy startups. The event also featured a panel discussion with the Innovation Crossroads’ cohort one alumni as they gave updates on their businesses and what their experience was like in Innovation Crossroads.
    5. Launch Tennessee, in partnership with Life Science Tennessee and the Tennessee Advanced Energy Business Council, invited our Energy Mentor Network mentors and companies to an evening of networking in appreciation for the mentors’ generous service to the Mentor Networks.
  5. TAEBC’s Utility Relations Committee met with TVPPA, TVIC, & AVI to present Tennessee’s advanced energy asset inventory.
  6. TAEBC Executive Director & Vice President Cortney Piper met with U.S. Senator Lamar Alexander’s office staff in Washington, DC to present a briefing on Tennessee’s robust advanced energy economy which employs more than 358,000 Tennesseans, contributes $39.7B to the state’s GDP, and includes more than 18,000 businesses.
  7. TAEBC Executive Director & Vice President Cortney Piper also met with the Tennessee Department of Economic and Community Development deputy commissioners and senior staff, new Tennessee Governor Bill Lee’s staff, various TVA leaders, and Tennessee Department of Environment and Conservation staff to educate them on Tennessee’s advanced energy economy and present an asset inventory briefing.
  8. Opportunities in Energy 2019, presented by Verizon, featured a presentation from Majid Khan, Managing Director of Strategy & Business Development from Verizon to talk about 5G and the future of energy in our region and the nation as a whole. A panel discussion moderated by Dr. Greg Peterson, Professor & Department Head at the University of Tennessee in the Department of Electrical Engineering and Computer Science, with Khan, Greg Thompson, Senior Manager of Smart Grid Services and Digital Engagements at Schneider Electric, as well as with Gary Brinkworth, Director of Enterprise Research and Technology Innovation at TVA focused primarily on the opportunities and challenges of how 5G can impact the energy landscape here in Tennessee.
  9. Welcome New Members: AVI, East Tennessee Economic Council, Giridhar Iyer, Johnson Energy Solutions, Piper Communications, Smart Trips, Stone Mountain Technologies, Verizon and XMI.
  10. TAEBC submitted comments to TVA in April regarding, at the time, its draft 2019 IRP. TVA’s Board of Directors approved the 2019 Final Integrated Resource Plan (IRP) later in the year. TVA updated its previous IRP to allow for a more dependable and flexible power-generation system that effectively leverages more renewable energy sources and distributed energy resources. According to the 2019 IRP’s Executive Summary, TVA found:
    • There is a need for new capacity in all scenarios to replace expiring or retiring capacity.
    • Solar expansion plays a substantial role in all futures.
    • Gas, storage and demand response additions provide reliability and/or flexibility.
    • No baseload resources (designed to operate around the clock) are added, highlighting the need for operational flexibility in the resource portfolio.
    • Additional coal retirements occur in certain futures.
    • Energy efficiency (EE) levels depend on market depth and cost-competitiveness.
    • Wind could play a role if it becomes cost-competitive.
    • In all cases, TVA will continue to provide for economic growth in the Tennessee Valley

As an added bonus two TAEBC board members, Steve Seifried and Mary Beth Hudson, wrote op-eds on Tennessee’s thriving advanced energy economy.

Happy Holidays from the Tennessee Advanced Energy Business Council!