490 BioTech wins PYA’s inaugural Tom Ballard Innovation Award

TAEBC Energy Mentor Network graduates Eonix and Ascend Manufacturing secure second and third places

Last week, Knoxville-based PYA awarded 490 BioTech the inaugural Tom Ballard Innovation Award. Eonix, LLC and Ascend Manufacturing, Innovation Crossroads Cohort 2 alumni and TAEBC Energy Mentor Network graduates, came in second and third places respectively.

In securing first place, 490 BioTech, a biotechnology startup, will receive $50,000 in in-kind and capital services from PYA. Second place includes $10,000 worth of in-kind strategy support and third place involves $5,000 worth of in-kind strategy support from PYA.

“Today we’re celebrating their accomplishments,” said Tom Ballard, PYA’s Chief Alliance Officer and the award’s namesake, as he recognized the three startups during the award ceremony. Ballard has spent decades working on creating relationships and supporting the area’s entrepreneurial ecosystem. He is also the publisher of Teknovation.biz.

According to PYA’s announcement, the Tom Ballard Innovation Award is the largest combination of cash and in-kind services available to startups in the East Tennessee region. Held annually moving forward, the award will support early-stage companies that demonstrate “great promise and an innovative focus.”

“In short, we want entrepreneurs and business owners that start here to stay here. And we want innovation and business that move here to love and thrive here,” said PYA President and Chief Executive Officer Marty Brown. “So, a full support system by long-time East Tennessee businesses is critical to accomplish this. And this award, along with the cash and in-kind services, is just another commitment on behalf of the PYA owners to this entrepreneurial community.”

Ballard is a valued TAEBC member and the inspiration for TAEBC’s annual Thomas B. Ballard Advanced Energy Leadership Award. In 2019, TAEBC bestowed the first-ever award to Ballard himself during TAEBC’s Annual Meeting.

Learn more about PYA’s Tom Ballard Innovation Award here.

Thanks for submitting nominations for the 2021 Thomas B. Ballard Advanced Energy Leadership Award!

The Tennessee Advanced Energy Business Council wants to thank everyone who submitted nominations for the 2021 Thomas B. Ballard Advanced Energy Leadership Award! Nominations closed on Monday, March 8 at 5:00 p.m. ET.

TAEBC received numerous nominations from an impressive and wide-reaching array of individuals, including local business leaders, government officials, company executives and more. We will contact the winner soon.

The Thomas B. Ballard Advanced Energy Leadership Award honors exemplary leadership and success in championing, connecting, and strengthening Tennessee’s advanced energy economy.

TAEBC champions the state’s advanced energy economy as an economic development and job creation strategy through sharing information, connecting stakeholders, and strengthening the industry. These pillars are personally exemplified by the tireless work of Tom Ballard, an unparalleled leader, educator, mentor, and advocate of Tennessee’s advanced energy economy.

Ballard was TAEBC’s first president upon its launch in 2014 and served on the board of directors until 2019. The Thomas B. Ballard Advanced Energy Leadership Award is an annual award, with winners named at TAEBC’s annual meeting.

In 2019, TAEBC bestowed the first-ever award to Ballard himself, during TAEBC’s Annual Meeting at Schneider Electric’s Nashville Hub. The next year, TAEBC awarded Dan Hurst, CEO and Founder of Knoxville-based Strata-G, with the 2020 Thomas B. Ballard Advanced Energy Leadership Award during TAEBC’s Annual Meeting.

TAEBC will announce this year’s winner at the 2021 Annual Meeting, held virtually on March 25, 2021, from 12:00 p.m. to 2:00 p.m. ET. If you would like to attend to see who receives the award, please register by following this link.

Submit nominations for the 2021 Thomas B. Ballard Advanced Energy Leadership Award!

The Tennessee Advanced Energy Business Council is now accepting nominations for the Thomas B. Ballard Advanced Energy Leadership Award. The annual award honors exemplary leadership and success in championing, connecting, and strengthening Tennessee’s advanced energy economy.

TAEBC champions the state’s advanced energy economy as an economic development and job creation strategy through sharing information, connecting stakeholders, and strengthening the industry. These pillars are personally exemplified by the tireless work of Tom Ballard, an unparalleled leader, educator, mentor, and advocate of Tennessee’s advanced energy economy.

Ballard was TAEBC’s first president upon its launch in 2014 and served on the board of directors until 2019. The Thomas B. Ballard Advanced Energy Leadership Award is an annual award, accepting nominations every year and presenting the winner with the honor at future annual meetings. This year’s winner will be announced at TAEBC’s 2021 Annual Meeting, held virtually on March 25, 2021.

In 2019, TAEBC bestowed the first-ever Thomas B. Ballard Advanced Energy Leadership Award to Ballard himself, during TAEBC’s Annual Meeting on Tuesday, February 12, 2019 at Schneider Electric’s Nashville Hub. Read more here. Last year, TAEBC awarded Dan Hurst, CEO and Founder of Knoxville-based Strata-G, with the annual Thomas B. Ballard Advanced Energy Leadership Award during TAEBC’s Annual Meeting on Thursday, March 5, 2020, at Schneider Electric’s Nashville Hub. Read more here.

Please fill out the information here, and we’ll contact you if your nomination has been selected as the winner.

The extended deadline to submit your nominations is Monday, March 8, 2021.

PYA launches Ballard Innovation Award

Knoxville-based PYA recently launched a $50,000 Ballard Innovation Award in honor of Tom Ballard, PYA’s Chief Alliance Officer and long-term ally of the East Tennessee entrepreneurial community. In a video announcing the award, PYA Director of Business Alliances referred to Ballard as “the king of entrepreneurship.” 

According to PYA’s announcement, the Ballard Innovation Award competition is open to any early-stage company in the East Tennessee region that has established a “proof of concept” with accompanying revenue. Applications will open in January 2021 and an award presentation for the top three finalists will take place in March. Here are applicant qualifications for the award:

  • Is located in the geographic East Tennessee area (33 counties as defined by the state of TN) – metro areas include Chattanooga, Knoxville, and Tri-Cities;
  • Has established a “proof of concept” with accompanying revenue (as outlined);
  • Has achieved between $5,000 and $50,000 in monthly recurring revenues (annualized revenues of between $60,000 – $600,000 and must be “non-grant” revenue from independent customers);
  • Has a business plan to optimize existing business operations by reducing costs, increasing revenues, and/or gaining new efficiencies;
  • Can demonstrate clear innovations that will improve the business;
  • Has a focus on empowering the consumer to become more informed and engaged.

“To say that the ‘PYA Ballard Innovation Award’ was totally unexpected when I was told about it in early November would be a gross understatement,” wrote Ballard in Teknovation.biz about the award. He continued, writing, “More businesses need to get off the sidelines and in the game, helping innovative companies succeed in their communities, and I am so honored to be associated with PYA which is doing its part to help grow the technology, innovation and entrepreneurial assets of this region,.”

In 2019, TAEBC awarded Ballard the first-ever Thomas B. Ballard Advanced Energy Leadership Award. The Thomas B. Ballard Advanced Energy Leadership Award honors exemplary leadership and success in championing, connecting, and strengthening Tennessee’s advanced energy economy. 

“Without Tom Ballard, the Tennessee Advanced Energy Business Council would have never grown to the level of success it experiences today,” said Cortney Piper, Executive Director of TAEBC. “It’s impossible to measure Tom’s impact on Tennessee’s advanced energy economy with words alone, and for that reason he is most deserving of having an award being named in his honor.”

Learn more about PYA’s Ballard Innovation Award competition here and watch the announcement video below.

Thank you for submitting your Tom Ballard Award nominations!

The Tennessee Advanced Energy Business Council (TAEBC) wants to thank everyone who submitted nominations for this year’s Tom Ballard Award. Nominations closed on Monday, February 3 at noon.

TAEBC received multiple nominations from an impressive array of individuals, including local business leaders, academia, and company executives. The winner will be contacted soon. 

The Thomas B. Ballard Advanced Energy Leadership Award honors exemplary leadership and success in championing, connecting, and strengthening Tennessee’s advanced energy economy.

TAEBC promotes the state’s advanced energy economy as an economic development and job creation strategy through sharing information, connecting stakeholders, and strengthening the industry. These pillars are personally exemplified by the tireless work of Tom Ballard, an unparalleled leader, educator, mentor, and advocate of Tennessee’s advanced energy economy.

Ballard was TAEBC’s first president upon its launch in 2014 and served on the board of directors until 2019. He is currently the Chief Alliance Officer of Pershing Yoakley & Associates and serves as editor of Teknovation.biz, an online service launched in 2011 to spotlight and celebrate all things related to technology, innovation and entrepreneurship in Tennessee.

The first-ever award went to Ballard himself, during TAEBC’s 2019 Annual Meeting in Franklin, Tennessee.

“Without Tom Ballard, the Tennessee Advanced Energy Business Council would have never grown to the level of success it experiences today,” said Cortney Piper, vice president and executive director of TAEBC. “It’s impossible to measure Tom’s impact on Tennessee’s advanced energy economy with words alone, and for that reason he is most deserving of having an award being named in his honor.”

This year’s recipient will receive the award during TAEBC’s Annual Meeting on Thursday, March 5, 2020 at Schneider Electric’s Nashville Hub. If you would like to attend, please RSVP by following this link.