A Capital of Culture, Country and Cuisine
Thinking about Nashville, most people envision Tennessee barbecue, live country music, or any number of cultural activities in the state’s capital city. The richness of talent that exists in Nashville goes beyond those with musical or culinary aptitudes. Recently, Nashville has developed a reputation as a growing tech hub with creatives of all shapes and sizes influencing tech in areas like healthcare and digital marketing. This year, Nashville was ranked number one for job growth in the tech sector over the past five years by real estate firm CBRE. Last year, MoneyGeek ranked Nashville at the top of cities for job seekers while the Wall Street Journal ranked Nashville second for hottest job market in the country.
Nashville’s also home to over 21 colleges and universities, making the city a valuable pipeline for talent desperately needed by growing companies. More talent can be found from those transitioning from other careers and relocating from around the country.
In addition to talent networks, many Nashville tech companies are making a big splash as they leverage the growing entrepreneurial drive in their city ecosystem. These startups are harnessing the potential of the intersections of technology and other industries like healthcare. Recently, many medtech companies have made innovative strides like Bridge Connector and EvidenceCare that supported more efficient workflows to manage patient and provider data. Perception Health tracked and reported the spread of the virus daily while Relatient, a patient-facing communication tool, helped eliminate the need for physical waiting rooms. Several others have contributed largely to a successful healthcare tech hub in Nashville.
Read more about Nashville’s strengths and successes in this edition of The Mid-Point.
Inside this issue
- 2022 Best Tech Startups
- 17 Things to Know About Living in Nashville
- MedTech Finds a Home in Tennessee
- Nashville Health Care Grows by Over 70 Percent
- Resources for Your Next Trip to Music City
The Tech Tribune staff has compiled the best tech startups in Nashville, Tennessee. They considered several factors including revenue potential, leadership team, brand/product traction, and competitive landscape. All companies must be independent, privately owned, at most 10 years old, and have received at least one round of funding in order to qualify. Read more.
Nashville is frequently recognized as one of the best places to live in the U.S., especially for young professionals. Residents between the ages of 25 and 34 make up the largest demographic in Nashville. And with a cost of living that’s 4% lower than the national average and a growing job market, it’s easy to see why Music City is a hot spot for young adults looking for affordable housing and employment opportunities. Read more.
As a whole, the tech sector has attracted some of the best innovators to create solutions for some of society’s most pressing challenges – things like communication, transportation, sales and product management. At the same time, tech disrupted an often-overlooked industry: healthcare. And interestingly enough, the future of healthcare technologies is not concentrated in Silicon Valley, but rather, in Nashville, Tennessee. Read More.
Health care positions made up one in every 11 jobs in Nashville in 2019, according to a report issued this week by the Nashville Healthcare Council. By 2028, one in every eight jobs in Tennessee is predicted to be in health care.
The Nashville health care industry cluster in 2019 made up more than one-third of the Nashville Metropolitan area’s total personal income. While the health care cluster lost around 14,000 jobs due to the pandemic, it is recovering faster than other nonfarm jobs in Nashville. Five thousand jobs were added in health care between April 2020 and June 2020. Read more.
Resources for Your Next Trip to Music City
Upcoming OAW Events
On October 19, investors, founders and economic development leaders will convene in Columbus, Ohio for the “Connecting the Coasts to the Heartland Conference." This full-day event will feature expert panelists in the tech space and a competitive pitch opportunity for founders to connect with investors.
In addition to the 100+ confirmed investor attendees, the conference will feature over 100 tech founders from a variety of states, including Illinois, Iowa, Kentucky, Michigan, Missouri, Nebraska, New York, Ohio, Pennsylvania, and South Carolina.
Join us at this exciting event to see for yourself how and why the Silicon Heartland is emerging as a Midwest tech center. RSVP Here
a non-profit building a vision of the future where high-growth technology companies find the talent they need to grow and succeed in cities across America. Want to know more? Reach out to us at firstname.lastname@example.org.