Rise of the Rest Bus Tour makes a stop in Chattanooga
The Rise of the Rest Bus tour made a stop in Chattanooga on Thursday.
In the United States most of the investment money given to start-up businesses goes to companies in Silicon Valley and New York City.
The tour travels across the country and visits cities to talk about entrepreneurship. They meet local business and city leaders. At the end of the day there is a pitch competition where one local company is awarded $100,000.
Revolution is the company behind Rise of the Rest. Revolution's CEO is Steve Case. He's the former CEO of America Online. He made the trip to Chattanooga.
"We're just trying to level the playing field so everybody everywhere who has an idea has a shot at the American Dream," Steve Case said. "In the process cities like Chattanooga can rise again with job growth and economic growth fueled by the industries of the future."
J.D. Vance is the best selling author of the book Hillbilly Elegy. He's also a part of the Rise of the Rest team.
"We've seen a lot of cool entrepreneurs building some good companies," J.D. Vance said. "We've seen a lot of civic leaders and community leaders who are engaged with what the entrepreneurs are doing. It just gives me a sense that this is a community that's really proud of itself that really cares about the future, and it's trying to build something that I think is really unique."
The winner of tonight's pitch competition was Freight Waves. The company bills itself as the number one Source for navigating the Freight Markets.
This week the bus tour is visiting five cities Dallas, Texas, Memphis, Tennessee, Birmingham, Alabama, Chattanooga, and Louisville, Kentucky.
We'll have more of what Steve Case and J.D. Vance had to say about Chattanooga next week on Making History.