By Sarah Grace Battles, Chattanooga, Tenn.–In a news release released March 27, UTC said they have partnered with The Company Lab in order to launch a GIGTANK fellowship that will involve a minimum of one UTC professor as well as qualified and interested entrepreneurship students.
According to the news release, GIGTANK is an “entrepreneurial accelerator that attracts national talent to Chattanooga each year for 10-12 weeks of intensive startup development.”
The GIGTANK team receives $15,000 as “initial seed funding” with the opportunity to receive investors with additional support, monetary and otherwise.
The recipients of this year’s fellowship are Robin Moldenhauer, Kevin Ringstaff as well as Rupinder Kaur. Dr. Anish Gupta is the associate professor of Analytics and is in the UTC College of Business.
Gupta said the team “expect[s] to develop a start-of-art technological solution, based on big data concepts, for better management of patients suffering mental health conditions,” and the seed funds will be used for “student support, equipment, software and other project related miscellaneous expenses.”
Jerald Ainsworth, provost and senior vice chancellor for academic affairs, said UTC is proud to partner with The Company Lab and “we fully embrace the opportunities of being Chattanooga’s GIG UNIVERSITY and the spirit of entrepreneurship that makes our community strong.
Our College of Business instills this idea in its students. I have no doubt this year’s students will benefit greatly from this experience as will students from across the campus in the future.”
Gupta said that the project’s timeline will be based on resource availability and progress in multiple phases also stating that the project is a “high priority” to them.
Students can learn more information about the GIGTANK fellowship and the new partnership with UTC by visiting their website.