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What Chattanooga's 'Rise of the Rest' Winner Plans to do with $100K Investment

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The Rise of the Rest seed fund team stopped in Chattanooga and invited eight local startups to compete for a $100,000 investment. Led by AOL co-founder Steve Case, Rise of the Rest seeks to help businesses rise up in areas outside of Silicon Valley. The winner, FrieghtWaves, will use the money to hire more employees, and the losing businesses could still get a boost from the attention the competition generated. Listen to the story above to find out more.