Monday, December 29, 2008
Free Electronic Recycling Jan 2009
- TV
- Computers
- Computer Monitors
- Portable or Laptop computers
*Note: Printers, mice, and keyboards are NOT included in this program.
This is such great news! This is one more step in the right direction to keep harmful chemicals from leaching into our soil and water, such as lead, cadmium and mercury. The electronics will be taken apart and separated (ex: glass, plastic, metal, and toxic chemicals). All of the recycling will follow the standards setup by the Department of Ecology.
To find a location that is accepting electronics to recycle or donate, go to http://1800recycle.wa.gov/ or call 1-800-RECYCLE.
Check out http://www.ecy.wa.gov/programs/swfa/eproductrecycle/ for more information on e-cycling.
Tuesday, December 23, 2008
Facing Up to the Challenge
Meeting Notice
Wednesday, Jan. 7
7:30 – 9:00 a.m.
La Quinta Inn
1425 E. 27th St.
Tacoma 98421
AGENDA
Preview of the 2009 State Legislative Session
Sen. Derek Kilmer will give us an overview of the upcoming legislative session, with particular attention to military and veterans’ issues.
MorphoFace Investigate, Facial Recognition for Criminal Justice and Intelligence Communities
Eric Hess, Sr. Biometric's Product Manager’s presentation is covering the MorphoFace Investigate application, its recent successes at PCSD, and a little about Sagem's history in Tacoma.
Sagem Morpho is an integral part of Sagem Securite's global success in the development, manufacture and integration of biometric technologies including fingerprint, iris and facial recognition. Based in Tacoma WA, Sagem Morpho provides R&D support, engineering, technology and customer support services for systems throughout North America, including law enforcement, Federal Government, Homeland Security, civil identification, and applicant background check systems, and is the biometric algorithm provider for the FBI AFIS.
Sagem Morpho actively engages its customers in development of emerging technologies. Its recent work with the Pierce County Sheriff's Department lead to the arrest and conviction in a local identity theft case involving numerous local victims, showcasing the potential of facial recognition for investigative tasks within law enforcement and intelligence agencies.
Breakfast Buffet: $12.00 with RSVP. Non-reserved attendance: $15.00
RSVP: Rose Crist, 253-627-2175; DUE 12 noon, 01/05
(Non-RSVPs welcome, but PLEASE call to help with plans for meals and seating arrangements.) Those persons reserving and not attending or canceling before the RSVP deadline will be billed.
Tuesday, December 16, 2008
Bluest Skies You've Ever Seen Are in Tacoma
Photo courtesy KathyTomandl, Port of Tacoma
The "tractor" is equipped with a fifth wheel to haul trailers for drayage business at the Port of Tacoma. I had the privilege of a short excursion aboard the new Kenworth T370 with Carlile Transportation Systems CEO Harry McDonald as chauffeur. McDonald said they expect a 20+% increase in fuel mileage from the hybrid for local haul applications.
This hybrid is a welcome addition to the commercial center of the port-industrial area. It will demonstrate the viability of hybrid commercial vehicles for this purpose - and we wish both Carlile and Kenworth the best of luck. In addition to having far more immediate applications than the $100,000 Tesla, the port-industrial area has been recommended for non-attainment status for PM-2.5 even though continuing monitoring shows results below federal thresholds. That final designation is expected from EPA Thursday, Dec. 18.
Tuesday, December 9, 2008
Acting with Speed Matters
They note that last weekend in his weekly radio address, President-elect Obama announced that he would be including money for broadband deployment and adoption in his economic recovery plan. His proposals for universal high speed Internet access and his recognition of broadband's importance to the economic recovery reflect the work CWA members did during the campaign to focus attention on the issue. Read the Whole Story
Congratulations for the work CWA has done on this issue for an extended time.
Monday, December 8, 2008
New Administration Sets Up Tech Expectations
The colors on the "paint by the numbers" gradually begin to fill the picture.
This blog first addressed the interest in how the incoming Administration would address technology shortly after the election.
Well, here are two more links that continue in that same vein. First is a perspective on how Secretary of Commerce nominee Gov. (NM) Bill Richardson might treat Intellectual Property: The Richardson Record on IP.
A very brief overview of what might be at stake is address by the U.S. Chamber's blog in the Intellectual Property & Clean Technology.
Thursday, December 4, 2008
Washington’s Innovation Summit 2009
The Summit will focus on how we are developing innovative and sustainable approaches to realize our opportunities and overcome challenges.
You'll discover the companies, researchers and opportunities at the forefront of Washington's emerging economic sectors. Through plenary sessions and targeted industry tracks, you'll connect with the people, trends and ideas that are critical to strategically sustaining the future of your business or organization.
Keynote speakers will include Gifford Pinchot III, co-founder and president emeritus of the Bainbridge Graduate Institute, and Thomas E. Plimpton, vice chairman of PACCAR.
Thursday, April 9, 2009
7:30 a.m. – 6 p.m.
Full Registration (7:30 a.m. - 6 p.m.)
This registration includes all summit breakout and general sessions, breakfast, lunch and reception.
$150 Special rate until December 31, 2008
$190 Early-bird rate until March 6, 2009
$230 Regular rate after March 6, 2009
$45 Reception Only (4-6 p.m.)
For more information and to register.
Tuesday, December 2, 2008
Broad Band of Brothers
Blogged earlier on this page, Speed Matters (aka CWA/organized labor), were successful this summer in getting a bill (Broadband Data Improvement Act, (S. 1492)) through Congress and a Presidential signature for a broadband bill. Still needed, funding for implementation.
Recent activities have included their coalition with the Telecommunications Industry Association to get the National Governors' Association to send letters to both Democratic and Republican leaders to encourage development of high speed Internet infrastructure.
Similarly, the U.S. Chamber and Connected Nation are working to add infrastructure development as part of a "rebuilding America" stimulus package.
Saturday, November 29, 2008
Deal Done Due
Use this special code when registering yourself or others to get the special price: [promo code 6614], and pay only $115.
The first Doing the Deal Course this past November 19th at UWT’s new William W. Philips Hall, facilitated by noted Intellectual Property expert Bob Okabe, was raved about by the attendees—
- made it clear why investors need certain provisions,
- and why companies need theirs;
- and how to make the two come together
--a critical marriage that needs to be understood by all who are interested in Economic Development in the region.
And, that session, importantly, was attended by 40% angel investors, 30% companies wanting to learn how to best present their case for funding, and 30% from the planning and service community learning how to serve their communities and clients better. A similar mix is expected at this new Seminar.
This is your invitation to come, and bring your associates, to take the Doing the Deal course’s most critical Sequel: Doing the Deal—Due Diligence. This Course has been touted as “the one course to take IF you are taking only one! “ It will be led by Bill Payne, the nationally acclaimed facilitator, and a serial entrepreneur with over 40 angel deals under his belt, as well.
(And, for this new seminar—Due Diligence-- we will be combining the seminar with a Special Invitation for you to personally join us for TAN’s regular deal sharing meeting during the lunch break—see first hand, how three new high potential companies present to obtain funding).
In this Seminar, learn the steps to know if your or any other proposition makes sense or doesn’t: Know how to tell if a business plan is solid, the management can perform, and that the marketing, manufacturing, technology, patents, and capital plan don’t have fatal flaws.
And get it from the best. The Power of Angel Investing ™ By the Ewing Marion Kauffman Foundation, presented by the Angel Capital Education Foundation, hosted as a public service by the TacomaAngel Network (TAN) and supported by the Tacoma Pierce County Chamber.
AND, If you or one of your colleagues have already taken the first portion--Term sheet, Valuation and Building Portfolios, then Doing the Deal—Due Diligence is the “bookend” course required to complete that education.
PLUS you will, as a courtesy of the Tacoma Pierce County Chamber, you may receive the courtesy of the low TAN discount price. Pay about half what the first course costs, due to Due Diligence’s somewhat shorter length.
Remember: Due Diligence is critical to your making any proposition successful—perhaps the most important part of an investor committing investment funds; or someone committing their life’s work or betting their career on an endeavor, is to learn the way to tell if the proposition or deal is REAL or not.
In short, you, or someone from your organization, should take this course and find out how to know!
- What must be confirmed;
- the cost of confirming; and
- the risk of not knowing.
- What it takes to validate the plan,
- and contain the risks.
Friday, November 21, 2008
SST 2008 Fosters Innovation
This blog could resemble a short story if I were to report on all aspects of the SST 2008. But, you should have been there! The price was right - free, thanks to the UWT Institute of Technology. However, the final panel of the day focused on Tacoma area tech firms, and after an individual overview by the representatives, responded to a Q&A session. The answers to just one question - the first question, will be covered here.
That first question came from Andrew Fry, as a warm-up for the audience that mostly filled W. W. Philip Hall: Since our area gets no credit for a nexus of tech firms, most of which here are in cybersecurity and information assurance, why did you each locate here?
The answers:
- Gary Frank, Avue Technology: We lived here.
- Rod Rasmussen, Internet Identity: We lived here. He said he had to convince the co-founder, but that the existence of Click! Network and the UWT did that.
- Mike Brown, Prepared Response: The infrastructure here is the best. He specifically praised the power consistency and certainty as well as conductivity.
- Jennifer Leaf, NewTech: That's where our work is (Ft. Lewis). But, she noted this office has won accolades from the corporation as a recruitment base for the entire company.
- Mark Briggs, Serra Media: We lived here. We've established a joint presence in Tacoma and Seattle because of the regional nature of media. And, they intend to maintain a dual base. Besides, they are familiar with the local talent market and have a determined hiring base from the local community.
- Eric Hess, Sagem Morpho: Our first client in the U.S. (City of Tacoma) had the foresight to contract with us to locate our headquarters here.
Another quality event in Tacoma focusing on technology and entrepreneurship.
Thursday, November 20, 2008
Deal Done True
Working with the Kauffman Foundation, the ~50 attendees, mostly angels, but some from economic development departments, were treated to a straight forward presentation by Bob Okabe. If you've never seen a $25,000 chair, he can show you his. Liberty Chair designed by Niels Diffrient
The follow-up to all this will be a Due Diligence course February 11, again at UWT. This follow-up has an even more advantageous price, plus it will be meshed with the TAN regular monthly meeting.
If you're a qualified investor, or just taking the follow-up, I'll add my personal endorsement for a quality offering.
Tuesday, November 18, 2008
South Sound Technology Conference 2008
Please come to the 9th Annual South Sound Technology Conference this Friday November 21st at William W. Philip Hall on the University of Washington, Tacoma campus.
Registration begins at 8:30am and the conference kicks off at 9:00am with a welcome from Congressman Adam Smith. The conference is free, but an RSVP to zaidec@u.washington.edu is highly recommended.
South Sound Technology Conference 2008
Agenda:
8:30am to 9:00am Registration
9:00am Opening Address
Welcome by Andrew Fry, University of Washington, Tacoma.
Remarks by Chancellor Pat Spakes, University of Washington, Tacoma.
Remarks by Congressman Adam Smith.
Remarks on behalf of Congressman Norm Dicks.
Remarks by Dr. Orlando Baiocchi, Director of the Institute of Technology, University of Washington, Tacoma.
9:15 to 10:15 Panel -- “Fostering Innovation"
Moderated by Senator Jim Kastama
Panel Members:
John Dimmer - Tacoma Angel Network
Lee Cheatham - Washington Technology Center
Egils Milbergs – Exec. Dir. Economic Development Commission of Washington State
10:15 to 10:45 Focus Topic -- "Cloud Computing: The Next Technology Revolution"
Aaron Kimbell – Spinnaker
10:45 to 11:15 Dual Perspectives Panel -- "Cloud Computing in the South Sound"
Moderated by Aaron Kimbell
Panel Members:
Mike Marzano, Topia Technologies – Cloud Computing in Software
Dr. Ankur Teredesai –Institute of Technology, UWT – Cloud Computing in Education
11:15 to 11:25 Break
11:25 to 12:00 Focus Topic – “Facial Recognition Solutions”
Eric Hess – Biometric Product Manager, Sagem Morpho
12:00 to 1:00 Panel - "Technology Industry Sampler: Sound Sound Companies"
Moderated by Andrew Fry, Institute of Technology, UWT
Panel Members:
Mike Brown - Prepared Response
Mark Briggs – Serra Media
Dan Creamer - Avue Technology
Jennifer Leaf - NewTech
Chris Richardson – Internet Identity
Friday, November 14, 2008
Location, Location, Location
Wednesday, November 5, 2008
Our President-Elect on Tech
Friday, October 31, 2008
HI Tech
The contractor, the Center for Regional Economic Competitiveness (CREC) prepared an economic and workforce profile of Hawaii's science and technology industries. Overall, the report found that in 2007 the private technology sector contributed over $3 billion to the state's $61 billion economy (5% of the total).
Combining the public with the private sector, the technology sector accounted for more than 31,000 jobs, 3.6% of the state's total employment. Of particular relevance for our own potential growth, over 7,000 of these public sector jobs were attributed to the state's large military presence.
The report notes that many defense workers are involved in the commercial market segments as aerospace and ICT industries overlap significantly.
Sunday, October 19, 2008
U.S. Innovation Down?
Wednesday, October 15, 2008
Tech Chases Fantasy
USA Today's article about the Pentagon's interest in spaceship delivery of 13 (what a number!) soldiers to hot spots around the world immediately brought to mind that old book and its derivative film.
Of more intriguing interest is the idea that our ideas for the future are presaged in science fiction, the notion that is only sometimes explored in other media.
Tuesday, October 7, 2008
Congressman Smith Offers Bill Protecting Travelers from Suspicion-less Laptop Searches
“The chief responsibility of the United States Government is to protect its citizens, and while doing so it is critical that we do not overshadow the obligation to protect the privacy and rights of Americans,” said Adam. “This legislation will provide clear and commonsense legal avenues for the Department of Homeland Security to pursue those who commit crime and wish to do our country harm without infringing on the rights of American citizens. Importantly, it will provide travelers a level of privacy for their computers, digital cameras, cellular telephones and other electronic devices consistent with the Constitution and our nation’s values of liberty.”
The Travelers Privacy Protection Act was introduced in response to a Department of Homeland Security policy, released on July 16th that allows customs agents to “review and analyze” the contents and files of laptops and other electronic devices for an unspecified period of time “absent individualized suspicion.” This policy was issued following report of U.S. customs agents requiring citizens and legal residents to relinquish their laptops or cell phones to DHS authorities for lengthy periods of time while the devices were searched, and in some cases, contents of the devices copied. Reports have also surfaced that some devices had been confiscated and returned weeks or months later with no explanation.
The legislation requires reasonable suspicion of illegal activity for Department of Homeland Security agents to search the contents of laptop computers or other electronic devices carried by U.S. citizens or lawful residents, and it prohibits profiling travelers based on their race, ethnicity, religion, or national origin. Additionally, the bill requires probable cause and a warrant or court order to seize information uncovered during a search, and specifies that searches carried on for more than 24 hours become a seizure. This bill also ensures that information acquired during an electronic search is protected by strict disclosure limitations, with exceptions for sharing information about possible criminal violations or foreign intelligence information. The Travelers Privacy Protection Act also ensures that DHS provides information on its border search policies and practices to Congress and the public.
Congressman Adam Smith recently secured $24.6 million for military projects in the Puget Sound region. The funding was included in a spending package that included funds for the Department of Defense, Department of Veterans Affairs, and military construction projects for fiscal year 2009. “The package helps restore our military’s readiness and provides our troops and families with the support they need. I’m also pleased that we included funds for important science and technology projects at Ft. Lewis, McChord Air Force Base and around the region,” Adam said.
The spending package was signed into law by the President on September, 30th.
Funding for important regional projects, many involving local companies, include:
· $8.6 million for Washington State Air National Guard’s 262nd Information Warfare Aggressor Squadron to build a new cyber-warfare facility for use by the (IWAS) at McChord Air Force Base.
· $200,000 for the Madigan Army Medical Center Digital Pen project to acquire digital pens that capture and upload writing electronically while also recording care in ink on paper to improve the process of recording and transmitting patient care information; ADAPX of Seattle.
· $4.4 million for the University of Washington’s Institute of Surgical and Interventional Simulation (ISIS) to upgrade existing facilities, expand their existing partnerships with Madigan Army Medical Center and VA Puget Sound, and explore ways in which surgical simulation can enhance the treatment and rehabilitation of soldiers; University of Washington, Seattle.
· $3 million for the Oregon Biomedical Engineering Institute, for research on limb and tissue regeneration for battlefield injuries using bone marrow and stem cells; Oregon Biomedical Engineering Institute of Portland.
· $1.6 million for million for Optical Neural Techniques for Combat/Post-Trauma Health Care with the potential to provide full restoration of hearing for injured soldiers; Aculight Corporation of Bothell.
· $3.2 for Mobile Object Infrastructure Technology enabling the U.S. Army Intelligence Command (INSCOM) to continue research and development of solutions to network computing challenges, including bandwidth and information-sharing constraints; Topia Technology of Tacoma.
The bill also contained several initiatives to revitalize defense laboratories and enable them to better support critical research and development missions. Other important programs that received funding include:
·$40 million for Impact Aid, which compensates school districts with a significant population of students from military families. School districts surrounding Ft. Lewis and McChord rely heavily on the program.
·$1.5 million for the Technology and National Security Program (TNSP) at the National Defense University.
·$1.7 billion for Department of Defense basic research (President’s request) which represents a 16% increase in real terms over the FY2008 budget.
·Several initiatives to revitalize defense laboratories and enable them to better support critical research and development missions.
Monday, October 6, 2008
UW Technology gives away software LoJack for laptops
Obviously, you shouldn't get all Death Wish on someone if you track your stolen computer down, probably best to call the cops. There are other questions I have as well; such as how easily the client is fooled and how you get the actual information and how granular it is. But as far as a tool that is lightweight and secure (the data is only accessible to one user -- you) it looks pretty neat and I'll be installing it on some staff laptops here in the library to test it.
The software is free to all community members and private businesses. Install it and let me know what you think!
Thursday, October 2, 2008
No Fools for Entrepreneur Summit Lookout
They sought to address four questions:
- What are the core components of an effective entrepreneurship support program?
- What is the essential infrastructure of an entrepreneurship eco-system?
- What are new avenues for research?
- What steps should be taken next to facilitate high-growth entrepreneurs?
The results:
- They determined the programs should structure their services to address entrepreneurs core needs
- These needs are: a) relevant market knowledge; b) access to talent and capital; c) networks
- Research on the programs value would be useful
- Policymakers and stakeholders need greater awareness
Key components of an effective entrepreneurial support program should include:
- a recognition that limited resources forces concentration on particular segments
- structure to what the customer base needs
- function as brokers in the community, building bridges
The value of the entrepreneurial support program depends on three features:
- Ability to efficiently facilitate networks
- Management of peer-to-peer and mentoring programs
- Strength of program leadership
On the question of the entrepreneurial eco-system, the summit says that programs work best if they are part of a wider regional vision. The steps necessary to promote innovative entrepreneurship?
- Engage in partnerships with key community stakeholders
- Provide support in regulatory and business assistance
- Cultivate human capital for workforce development
- Facilitate access to capital
- Promote the commercialization of invention
- Create organizations as part of a wider regional vision
Location Confirmed for SST 2008
Things are moving forward with the South Sound Technology Conference to be held on November 21st, though many elements of the program still need to be solidified.
As of yesterday I received confirmation that we will be holding the conference for the first time in the new William W. Philip Hall, which will accommodate in the configuration requested up to 300 attendees. Now of course we have to fill it.
Current program notes.
Welcome:
Various community and educational leaders.
Presentation:
Right now this may cover "cloud computing" but may in fact be a local tech company presentation as well.
Panel: "Funding Innovation"
The intent is to have someone from the Tacoma Angel Network, the Washington Technology Center, A local financial institution and the small business association on the panel to talk about funding for projects.
break:
Presentation:
Sagem Morpho is lined up to showcase their new facial recognition solution.
Panel: "Fostering Innovation"
The afternoon panel will be on Fostering Technological Innovation and will be moderated by Senator Jim Kastama of Puyallup.
There is at least one birds of a feather discussion following to cover reestablishing connections between our South Puget Sound technology companies as part of the South Sound Chapter of the WTIA.
As this is a work in progress, everything is subject to tweaking from week to week. However, when word comes in on the location, the program will be firmed up and the communication to potential attendees will heat up.
If you are interested in driving your own particular birds of a feather discussion let me know and I will post.
Wednesday, October 1, 2008
Danish Delegation visits Tacoma Business Incubator
Tuesday, September 30, 2008
Another non-Google online ad firm dies out
Tuesday, September 23, 2008
Virtualization for the Small Business, Part III
Tuesday, September 16, 2008
Tacoma Technology Companies
Software Houses: Companies with dedicated programming units
Ambient ID, Inc.: RFID solutions for healthcare and food safety industries.
AppTech, Inc.: IT consulting and design.
Artifex: Custom software for a variety of business applications, as well as web and graphic design.
Ascentry Technologies: Wireless communications for Homeland Security applications. (Purchased by TechAlt Inc. of Seattle in Jan. 06. I have been unable to determine whether or not they still have operations in Tacoma.)
Avue Technologies: Software solutions for human resources department.
Cascadia Software: Training and integration of Sybase database systems, and development of DBA tools.
IDmicro: RFID tracking devices and associated software.
IdentityMine: Prototyping, proof of concept, and marketing demonstration services for emerging technologies.
Insynq: Develops and offers applications for remote management, business applications, and consulting.
Intel (Dupont): The world’s #1 chip maker, where I used to work—not a software company, but enough programmers for “critical mass”.
InVivo Health Partners: Hardware and software for information management in healthcare.
Konnects: Online social networking for the business and professional worlds.
Limelight Healthcare: Develops IT software for the healthcare industry.
LION Mortgage Technology Solutions (Gig Harbor): Software solutions for mortgage lenders.
NewTec (Fort Lewis): Defense contracting firm.
Nu Element: Fuel cell and associated technology.
Prepared Response: Software for emergency first-responders. Headquarters are in Seattle, but Tacoma has a large portion of the employees.
Sagem Morpho: U.S. headquarters of a European-owned biometric software systems vendor.
Topia Technology: Mobile object technology for a variety of applications, including integration of disparate systems, distributed computing, and in situ application evolution. Creator of Skoot large file transfer service.
Vadium Technology: Develops secure encryption solutions for enterprise, government, and military applications.
Web Development: Web dev firms get a category of their own, to distinguish them from software companies
Business Internet Services: Development of custom web sites and associated back-end applications.
Data-Imagery: Content management, CRM and e-commerce web development.
Gridwork Design: Web design for publications and non-profits.
HighPoint Solutions: Integrated strategy, branding, marketing company, including some web development.
SiteCrafting: Web design and web application development.
Information Technology: IT service providers
Internet Identity: Services to combat phishing and other forms of online fraud.
IS Techs (Puyallup): IT and help desk consulting services.
ITC (Midland): Computer and network design, procurement and support, web hosting and design, online databases, Flash/Actionscript, ASP, php development, kiosks, Drupal and Plone, and general problem solving.
Optic Fusion: Colocation and hosting.
Graphic Design: Tech-related design firms
Ainsworth Studio: Graphic and website design.
Rusty George Creative: Branding, graphic design, digital/interactive design and development.
Other Companies with Software Jobs: A few larger local companies that occasionally hire software engineers
City of Tacoma: Not a company, but didn’t want to make a new category…
Columbia Bank: No comment necessary.
DaVita: Kidney dialysis equipment.
Russell Investment Company: Tacoma’s most prominent local company (and Fortune’s 63rd top place to work for 2006).
Weyerhaeuser (Federal Way): Raper of the ecosystem, er, I mean responsible forest
management company…
Customer Service and other Support: Technology companies with support (non-techie) operations in Tacoma
Expedia.com: Customer service call center near the UWT.
Netflix: Distribution center near the mall.
Monday, September 15, 2008
Learn the Game
Friday, September 12, 2008
Tacoma: Best Performer in WA
Conducted by the Milken Institute and Greenstreet Real Estate Partners, Tacoma ranked 8th nationally (Olympia 9th, Seattle 17th). So why?
The Puget Sound Business Journal cited Tacoma's highest score in the category of growth in its high-tech sector. The report specifically states:
Data processing, hosting, and related services enjoyed average annual job growth of 17.2 percent over the past five years.
Olympia's growth has placed it up into the larger metros whereas in previous years it had been a stellar performer among smaller cities. The report cites Olympia for its Information Services as the fastest growing job sector, at 38% over five years (probably related to growth in state government) and Seattle was noted for adding 6,200 jobs in R&D services. For those who want to know, Spokane came in at a most respectable 35.
The study brags that its rankings are based on outcomes (i.e., jobs) rather than cost-based criteria (i.e., cost-of-living).
Best of the Best Coming to Tacoma
Larry says, "Bill Payne, the moderator for TAN’s Business Development and Deal Doing Seminar was quoted this week in an article in the New York Times…Giving Businesses their Wings.
'….Many states offer tax incentives for investing in small businesses in their own state ..[of up to 100% over 5 years] For a list, go to angelcapitalassociation.org, click on Resources and look for state policy issues. [Washington State is NOT one of those states].
Indeed, supporting local economic development is one reason that angels often cite for their interest in this type of investing. “When you are a venture capitalist, and you are investing other people’s money, return on investment had better be your only motivation,” said Bill Payne, a founding member of angel investor groups in Montana and Nevada. “But angel investors are often motivated by other considerations, such as mentoring young entrepreneurs and giving back to the community.'
Payne has been an angel investor since the early 1980s, when he sold his company, Solid State Dielectrics, to DuPont. His interest in fostering local economic development led him to start the Frontier Angel Fund three years ago in Kalispell, Mont. The fund’s 33 members each put in $50,000, and they vote on each proposed investment.
Many of the 300 or so angel investor groups in the United States function almost like social clubs. If enough members decide to invest in a particular company, they often form a limited liability corporation and appoint one member to become the principal contact with the entrepreneur. If only a few members are interested in a deal, they are free to invest on their own."
Thanks Larry, for catching this info.
Monday, September 8, 2008
Google Chrome, second impressions
a perpetual, irrevocable, worldwide, royalty-free, and non-exclusive license to reproduce, adapt, modify, translate, publish, publicly perform, publicly display and distribute any Content which you submit, post or display on or through, the Services.After talking to some of my more knowledgeable Copyright colleagues about the topic, they assured me that there was no way Google could enforce this clause. "Copyright just doesn't change hands this way" was the way one friend put it.
11. Content license from youGoogle responded, end of story. Now, if we wait long enough they might solve the security problems and take it out of Beta, of course, considering that Gmail is still in beta, I am doubtful.
11.1 You retain copyright and any other rights you already hold in Content which you submit, post or display on or through, the Services.
Wednesday, September 3, 2008
Google Chrome, first impressions
Virtualization for the Small Business, Part II: Benefits
In my last post, I provided a basic introduction to server virtualization, and suggested that it could have an impressive impact on the bottom line for small businesses. As was also alluded to in that piece, this post will cover the benefits which drive that bottom-line impact.
Let's have a quick review. Server virtualization allows multiple logical servers to exist on one powerful physical server. This allows much more efficient use of resources, as while multiple servers are often used to avoid compatibility issues or to host services on different operating systems, they rarely fully use physical server resources. Virtualization allows each server to act as if it were on a separate physical server, while being contained in a powerful virtualization server that can provide resources to each logical server as needed.
The benefits of this are:
- Cost savings
- Flexibility
- Fast, simple disaster recovery
Let’s go over these in a bit more detail...
Cost Savings
Typically, "server class" hardware is quite expensive to acquire. As I said before, that hardware is rarely fully used by the services running on top of it. Server virtualization allows multiple servers, with their own operating system and services, to share powerful "server class" hardware. Aside from simple hardware costs, virtualization saves a great deal of power and maintenance time costs. Server power supplies can easily range into the 500-1000 watt territory, so reducing that load can provide substantial energy savings. Additionally, while each logical server will still require software and OS administration, you only have to maintain hardware on your virtualization server.
Flexibility
As a consultant that advises small and medium size companies on new technologies that can improve their business, the flexibility that virtualization brings is a very exciting benefit personally. Want to trial that new collaboration system but don't want to modify a production server? While in a pre-virtualization world this would require purchasing or borrowing a test computer, a business with server virtualization can add a logical server to a virtualization host in seconds, and be testing soon after. This extends to modifications of existing logical servers, as they can be mirrored and test-upgraded before an upgrade is put into production. As I said before, this dynamic is a major boon for my customers, providing quick and inexpensive flexibility for trying new things.
Fast, Simple Disaster Recovery
For many business owners, this is the key benefit to server virtualization. Many of us have been through the nightmare of a server hardware crash. Often, especially in the small business environment, one of the major road blocks to restoring a production environment is the operating systems' dependence on specific hardware drivers. This leads to a complicated restore procedure: Bring the operating system back clean, then restoring data and applications, a lengthy process. In a virtualized environment, each logical server simply sees "standard" hardware that any virtualization server can provide. Thus, in the event of a virtualization server hardware malfunction, the logical servers can be moved to a new virtualization server without any special restore process. The result: A massive reduction in downtime.
I hope that's a useful breakdown of some of the primary benefits server virtualization can bring a small business. My next post, the final one of this series, will go over a few of the most popular server virtualization platforms which meet the budgetary and operational needs of the small business.
Until next time!
Michael O'Brien is a partner at Praece Strategic Technology Consulting, helping small and medium businesses align technology plans with business goals.
Tuesday, September 2, 2008
Exporting Global Communications
During their stay, the Team will be hosting a half day event, The Future of Global Communications - Opportunities and Challenges, on Wednesday, September 17th between 7:45am - 12:30pm.
Featured speakers will be from Qualcomm, the Department of Commerce's Office of Technology and E-Commerce, and seven sector specialists from Department of Commerce offices (Commercial Section, U.S. Embassy or Consulate) from Saudi Arabia, United Kingdom, Mexico, Korea, Greece, Vietnam, and Singapore.
The attendees will be given a vision of the future along with information related to export sales opportunities. More information about the event, and to register, can be obtained using this link.
Chrome re-released
Oh well, it's out now. Now, if you'll pardon me, I have to get on with the testing.
Google goes Chrome
For one, I was very excited by this news because we here at the UW Tacoma Library are always looking for improvements to our user's browsing experience. Especially when it comes to the safety of people's personal information which Chrome was expected to deliver. For another, I just wanted to play around with some new tech and Google's particular way of tying information gathering technologies together makes the prospect extra exciting.
When I came in to work today, I was hoping to get a copy of the browser to start testing but it turns out that Google did not really want to release it into the wild just yet. So, they have now completely scrubbed their search cache and moved the browser download link. Alas, no Chrome for me to test but rest assured, when Chrome hits the streets I'll be there to put it through its paces. Which means that you too will get an early look at Chrome.
Until then, I guess we'll all have to wait.
_Tim
Monday, September 1, 2008
Wi-Fi Laid to Rest
More than that it marks either the end of a failed experiment or the recognition of a more outstanding killer app than the experimenters' business model. Depends on your perspective.
The tendency is to lament the end of another hi-tech service. But I look at the "glass-half-full" perspective and see a greater adoption of technology and an increased capability of technology offering the user a better option. This is not to blame any of the wi-fi partners: WSDOT, Parsons Transportation or Road Connection, Inc. In the technology field, just as in other industries if not so prevalently, failure often leads to the greater success.
Economic developers celebrate the region's status as a place of many business starts. And, they lament the region's status as a place of higher business failures. But the two are linked. The marketplace will decide the winner if we let it. This is not to excuse the market manipulation that seeks to maintain all businesses regardless of their economic worth. And, it is not an excuse for the market interference from either monopolistic practices or regulatory constraints that stifle economic progress.
The Challenge for a marketplace is that those able to influence it keep it open, with an ease of entry that enables serial entrepreneurs.
Saturday, August 30, 2008
Plastics Tanks
This article is really about the USAF development of the demonstration project Advanced Composite Cargo Aircraft at the Lockheed Martin "Skunkworks." So, calling it plastic is a very liberal interpretation of composite materials. And, it's also a liberal use of "tanks" referring to military cargo aircraft carrying tanks. But, that also applies to the savings in the fuel tanks of cargo aircraft from the anticipated efficiencies of lighter weight.
And, why should any of this strained use of terminology about plastics and tanks even concern us. Because our community is the site of Toray Composites (America), Inc., even though the plant is not the materials supplier for the Skunkworks' ACCA.
Toray is involved with Boeing in production of the Dreamliner, which manufacturers aircraft parts in its adjacent plant. This all goes together to demonstrate the development and expansion of new technology and applications in two industries central to the economy of the region. Just as our region saw the development of aluminum plants because of the juxtaposition of plentiful power with the demand for aviation materials, so too may we experience the economic development (jobs) from the coming together of composites and aircraft.
Friday, August 29, 2008
TAN Portal for Venture Capitalists
Investor: I spent a year with xxx venture group before I saw even ONE deal as good as these all are.
Companies: I really love the inclusive nature of your forum…it's the best I've seen…you are well organized for both companies and investors… and, You folks are really refreshing—concentrating on business, coaching, and funding. Very Professional.
Venture Capitalists (Seattle): We've been looking forward to meeting TAN; everyone has been talking about your great group, screening process, fabulous website, and professionalism.
This new portal on the TAN Website is a keystone in TAN's efforts to streamline the deal sharing process to both enable and help expand regional co-investment. This is intended to bring more capital to bear for locally emerging businesses. It also is intended to bring TAN’s members access to both more and bigger deals.
All company information in this sharing process is very carefully guarded behind a password protected portal with the intent to be shared ONLY with the accredited investors of "Sharing Angel Groups", so designated because in most cases the relationship will be reciprocal, and protected legally by an entry agreement that this information will be:
- Kept confidential to the organization's internal purposes, and will not be shared with service providers or company competitors, but only their screening committees and accredited investor members.
- Used for the organizations' investment purposes, and not be shared with other organizations, investors or investment groups.
- Treated with the same or greater confidentiality as that applied in their own respective screening and member investment meetings.
- Kept confidential from the companies, if it contains any proprietary notes developed by TAN for its internal uses, but shared with the sharing Angel group for these investment purposes.
- Deal Process—simplify communications not only to improve the regionalization of overall investments, but to be able to fast track when investments are sponsored by another Angel organization whose screening process has been vetted so as to be able to deal with fast closing offerings.
- Deal Sharing—finding faster and legal-light methods, which offer automated rather than overbearing paper intensive legal processes.
- Cross Border Investment—A 4 way process for both companies and investors. US Companies going to Canada, Canadian companies here; US investors there; Canadian Investors here.
A portion of the site for each company generally contains the following documents a Sharing Angel Organization will find on TAN companies:
- A brief overall summary, including:
- Contacts, business description, years in business, number of employees;
- Source of prior financing and current bank balances, requested financing amount (including minimum investment);
- Type of financing and amount to first close, intended uses for the money raised, current pre-money and post money valuation;
- Cash flow break even status or time to break even, revenues today;
- Number of years to exit and anticipated type;
- Expected valuation at exit and how arrived at;
- Additional capital needed after current raise to get to exit point, including when and how that money is to be raised.
- PowerPoint Presentation
- Executive Summary
- Business Plan
- 5 year Financial Plan
- Capitalization Table (fully diluted)
- Term sheet and/or Subscription documents
Wednesday, August 27, 2008
IT Salaries Swoon
The new study of IT salaries is filled with bad news and IT salaries took a swoon for the first time in the 11 years the publication began studying salary trends. Editor Marianne Kolbasuk McGee took a positive outlook by noting that IT salaries have inched up recently. Maybe that's the reversal of the swoop's curve!
Salaries for business technology professionals have been falling. The good news is that the drop is a modest one for IT staff and managers.
From 2007 to 2008, median base pay for IT staff fell to $73,000 from $74,000, and for managers it dropped from $97,000 to $96,000. The stagnation in pay understandably seems to have caused a drop in levels of satisfaction with pay and jobs overall. But, many IT professionals are still feeling secure in their positions and optimistic about IT as a career path.
This InformationWeek Analytics report provides an unparalleled view into trends in IT salaries and compensation plans. With more than 9,000 respondents, the research explores IT compensation and benefits trends across 20 IT job functions and management positions. Findings are segmented according to the job functions of managers and staff for the most comprehensive analysis possible.
Use this report to understand what IT professionals are facing regarding salaries, compensation, benefits, and job satisfaction, as well as how emerging trends like outsourcing impact IT professionals. Buy Now: Just $299
Tuesday, August 26, 2008
It never works out the way you want
I guess I'll have to write about Amazon's announcement today that they are targeting the Kindle to the college crowd. I have previously written about the Kindle for my work blog and if you scroll through those articles you'll see that I'm not overly enamored with the device. Basically, my complaint is that it's a uni-tasker and in a world where people have hand held, touch based , multi tasking computing like the iPod Touch I can't see anything beyond a niche market for these devices. But I will admit that this new idea of selling e-textbooks on the Kindle seems like it holds a lot of promise.
Imagine, you're doing a group project and you show up to the meeting with a single device that has not only all the textbooks for this class, but all the textbooks you have used throughout your program. They are searchable, you can write notes in the margins, and they are the ultimate in a portable library. That's pretty heady stuff.
But stuff like that is probably 10 years away.
In the mean time, they will have to overcome an academic culture that is generally slow to adopt new technology. Already it's difficult to get many faculty to assign e-books to their students (though that's already happening at a faster and faster rate) in order for it to be a "mobile library" a majority of the faculty will need to assign e-books. Otherwise the Kindle is just another thing a student has to carry around in their already overloaded bookbag.
Students too might be wan to adopt the new technology. I can't see faculty assigning students to read e-books as the only option and so, unless the e-book is significantly cheaper, many people will opt for the handy old paper version. A paper book has some cache still; it can be resold, lent, borrowed, bent, marked, and is a generally sturdy storage device.
At $350, the Kindle unit is too is costly and since it's a uni-tasker students will again need to see a significant savings on their textbooks if there's any hope on Amazon's part that they will adopt them. In a day and age when a eeepc is a mere $500, why on earth would a poor college student want to buy a Kindle?
Which brings me to the last hurdle; technology is changing rapidly. Just look at the next generation OLPC; there's a folding screen, it's touch activated, and it already looks and acts just like a book. Not only that, but it's also a computer. A student can use that to read an e-book, write up their paper, chat with their group, email their professor, and play a video game.
As good an idea as selling e-textbooks to students might seem at first glance, it's devices like the next generation OLPC that are going to be in every college student's hands in 10 years.
If you ask me.