Harrington: Startup winners announced

Carly Harrington

Eric Bernstein provides businesses with mailing, shipping and receiving solutions through his new company, Streamline Group LLC.

But as a re-seller of a new electronic billing technology, the 38-year-old also is able to help customers eventually "turn off the paper."

"We are able to satisfy a client's electronic and physical needs," Bernstein said.

Streamline (www.SGLLC.net) was selected this week as the winner of the second annual Start-up Business Plan Competition, sponsored by the Fairview Technology Center, a small business incubator owned by Knox County and managed by The Development Corporation of Knox County and Technology 2020.

It took top honors for its market potential and comprehensive business plan.

E-billing can be cost effective as the average company spends $1.21 per bill for ink, postage, paper, equipment and other processing costs.

Bernstein said he can do it for 10 to 20 cents per bill.

"If you've got a half million bills going out the door every month, that's a pretty big cost savings," he said.

Streamline Group also helps companies get paid on average 11 days faster and allows them to track consumer behavior for targeted marketing.

Bernstein said he plans to launch a major campaign "to let the market know my company exists."

Second place in the competition went to Boulder Booties (www.boulderbooties.com), a product that protects specialized rock-climbing shoes.

Started by 24-year-old rock-climbing enthusiasts, University of Tennessee engineering graduates Danny Smith and David Teeters saw an opportunity to provide an easy solution to a common problem.

The concern lies in the sole of the shoes, which can become damaged by dirt and other types of debris.

The soles are made of a sticky rubber that can affect performance and the shoe's overall durability.

Currently, rock climbers have to either take their tight-fitting shoes on and off when walking between routes or just get them dirty.

Boulder Booties is a canvas and elastic cover that slips over the shoe.

Production is expected to begin next month and can be purchased through the budding company's website.

The pair also hopes to sell the product at outdoor recreational retailers.

"It's a rare opportunity when you can come up with a new product," Smith said. "I think it's creative, and I think people will buy it."

First and second place winners will receive complimentary business consulting services from local providers, cash for beginning costs, and free rent during their start at Fairview Technology Center, a small business incubator that is located in the Solway community in West Knox County.

Business writer and The Bottom Line columnist Carly Harrington may be reached at 865-342-6317 or harrington@knoxvillebiz.com. Follow her on Twitter at www.twitter.com/knoxgirl75.

Get Copyright Permissions © 2010, Knoxville News Sentinel Co.
Want to use this article? Click here for options!

© 2010 Knoxville News Sentinel. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Discuss
  • Print

Related Links

Comments » 0

Be the first to post a comment!

Want to participate in the conversation? Become a subscriber today. Subscribers can read and comment on any story, anytime. Non-subscribers will only be able to view comments on select stories.

Business Profiles

Best Lawyers

Contact Us