The president of STS Ventures, a firm that incubates start-up companies in Nashville, Tennessee, Scott Sohr earned an MBA from the Vanderbilt University Owen School of Management and now sits on the school’s real estate advisory board. Away from his work, Scott Sohr supports Gilda’s Club Nashville, named after Gilda Radner, which provides resources to people with cancer.
Gilda’s Club Noogieland™, named after a Saturday Night Live skit, aims to help children between the ages of 5 and 17 whose lives have been impacted by cancer. Free of charge, Noogieland™ provides two support group programs that offer children a safe environment to express their feelings.
Kid Support™ is a day-long program that offers information relating to communication, socialization, and relaxation for children who live with a loved one who has cancer or have received a cancer diagnosis themselves. Grief Relief™ groups focus on children who have lost someone to cancer. The groups strive to help children process the emotions related to grief and celebrate the lives of those they have lost.
Scott Sohr is the chairman of Built Technologies, a Nashville, Tennessee-based company that focuses on providing construction lenders with a platform that allows them to borrow funding easily online. In addition to his work with Built Technologies, Scott Sohr is the president of STS Ventures, a company that serves as an incubator for successful startups in areas like fintech, healthcare, renewables, and finance.
A startup incubator is a company that provides a collective physical workplace for multiple startups in the same location. The goal of an incubator is to provide these early-stage companies with the resources they need to fuel growth. A company typically can stay within an incubator’s space until it has grown in scale to a size big enough to merit its own location.
In addition to a physical place to work, startups that work with incubators are also usually mentored by experienced investors and entrepreneurs involved with the organization, and may also secure funding from these investors. New entrepreneurs in these business relationships also may gain access to a wider and more accomplished range of business partners, as more established technology and media companies may feel more comfortable working with a newly-created startup backed by an incubator than with a small firm working to find success on its own.