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The Shenandoah Valley Connectiontop 
August 1, 2014  
Quick Links to each article
Snapshots of the July Tech On The Square
Mid-Atlantic Sustainability Conference at JMU Sept.4-6
Mach37 reports on Investment in IT Security Start Ups
Cadence announces record revenue
OpenSouce Staunton Aug. 6
ValleySBDC "Growing Together" Series for Fall 2014
Free Webinars about Employing Veterans
Highlighting Member: grep Innovation
Highlighting Member: Friendship Industries
Highlighting Member: City of Staunton, IT Department
Tech On The Square July 2014
Nice to see folks last night at Three Notch'd and catch up on many summer activities!



 

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Member News:  JMU to host Mid-Atlantic Sustainability Conference
September 4-6, 2014, Festival Conference & Student Center
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The Mid-Atlantic Sustainability Conference brings together thoughtful leaders in the residential and commercial building industry. This conference aims to inspire building for the future through education in quality green-building practices, products, and projects.  

 

Speakers include; Allison Bailes, Energy Vanguard, Sam Rashkin, Chief Architect U.S. Department of Energy, Ross Spiegel, Fletcher-Thompson, Inc, and Peter Yost, BuildingGreen, Lauren Darden, Wharton Aldhizer & Weaver, Elise Barella, JMU CISE just to name a few.   

 

Conference tracks include; Alternative Energy, Sustainable Sites, Design Solutions, Zero Energy Home, and Sustainable Evaluation, among others.  There is also a NAHB (National Association of Home Builders) 2-day Advanced Building Science Course track offered.

    

Most courses and seminars are on Thursday and Friday with Saturday being Grassroots Day with public exhibits, demos and seminars.  

 

Sponsored by SVTC members JMU Research & Scholarship and JMU Outreach and Engagement, among others. 


 

For more information, schedule, pricing and registration use http://www.sustainconf.com/.  Space is limited, so register early to get the seminars that most interest you.  No registration needed for Saturday Grassroots day attendance.  

 

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Member News:  Mach37 reports on Investment in IT Security Start Ups
 
Click logo for website

The MACH37 Accelerator released an eleven-page white paper report on July 15 discussing the rapidly expanding market for IT security innovation, its attractiveness for early stage investment, and the benefits offered by vertical market-focused venture accelerators to angel investors who want to participate in the sector.

 

"While the worldwide IT security market has grown to over $72B annually with a CAGR of nearly 8.4% percent per year, many angel and early-stage investors remain on the sidelines largely because of the perceived complexity of the industry" said Rick Gordon, Managing Partner at MACH37.

 

"Many angel investors have not yet grown comfortable investing in cybersecurity startups.  In general, seed stage investment in the sector is concentrated to relatively few investors in a few geographic regions." He added, "However, by aligning with a cybersecurity-focused accelerator, angels will enjoy the benefits of the accelerator's network of domain experts.  These experts help address the perceived technical complexity and open up a pipeline of attractive and fully-vetted investment opportunities in the sector."  

   

MACH37 is the Herndon Virginia based accelerator for information security entrepreneurs and startups launched in 2013 by the Center for Innovative Technology (CIT). 


Link to white paper report
Link to full press release

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 Member News:  Cadence announces record revenue for the first half of 2014
Click logo for Cadence website

Cadence, Inc. announced unaudited results for the first six months of 2014 including a 26% increase in revenue compared to 2013 to $33.6 million.  Cadence is a contract manufacturing company based in Staunton that specializes in minimally invasive medical devices.  Their net income and earnings per share increased 48% over prior year to $1.49 per share.  Earnings before interest, taxes, depreciation and amortization (EBITDA) were up 22% to $6.8 million.

 

"We have had three record revenue quarters in a row" said Ken Cleveland, CFO.  "All of our primary markets - medical device, diagnostics, and industrial are showing good growth so far this year.

Link to press release  

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Open Source Staunton
Wednesday, August 6, 2014 at LightCastle 21 Middlebrook Ave., Staunton

 

About Open Source Staunton-- "We dig open source. From the Linux operating system to arduino electronics and all the points in between. We meet monthly in at LightCastle Consulting in downtown Staunton for scheduled talks, hack sessions, demos, and anything else that might be connected with the free (as in speech) software"  There is also networking, pizza and beverages. 

This month's focus is on "Lightning Talks" or quick five minute presentations on the tech topic of your choice.  Pre-register and mention your topic to drum up interest.   

 

Use this link for information and registration (free).  

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Member News:  ValleySBDC's "Growing Together" Series for Fall 2014

Third Wednesdays Aug.-Nov. 8:15 am - 11:30 am, Augusta County Government Center  


The Valley Small Business Development Center is partnering with economic and business development organizations and with public and private firms in the Central Shenandoah Valley to present the 2nd Annual Growing Together series.  Designed to strengthen the region's economic vitality through informational and technical assistance, these seminars are free to all attendees thanks to the generous support of sponsoring organizations. Seminars will run from 8:15-11:30am, and will include keynote presentations + panels of practitioners + Q&A.  You may attend one or all four sessions; pre-registration will ensure a seat.
  • Wednesday, August 20:  Marketing for Growth "Effectively managing your company's marketing strategy directly translates to higher returns on investment. Customer preferences are always changing, and so should your outreach. Join us as we explore a wide variety of strategies to reach your customer base while adding value to your business."
  • Wednesday, September 17: Check-Up for your Business's Financial Well-Being
  • Wednesday, October 15: Managing Human Resources in Growth Companies
  • Wednesday, November 19: Business Growth Through Innovation

Use valleysbdc.org for more information or register here

Sponsored by SVTC members ValleySBDC, Shenandoah Valley Partnership Augusta County, among others 

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NVTC Hosts Series of Free Webinars about Veteran Employment
Upcoming dates are 8/12, 9/9 & 10/14

The Northern Virginia Technology Council (NVTC) Veterans Employment initiative is launching a new series of FREE webinars designed to educate Human Resources professionals, recruiters, hiring managers, CEOs and COOs on best practices in veteran hiring. During these live monthly webinars, experts from NVTC member companies as well as federal and state government agencies will provide tips and tools on specific topics related to veteran hiring, concluding with a Q&A session.
  • August 12 (11:30 a.m.): Interviewing Veterans - Understanding Diversity, Presented by: VetAdvisor
  • September 9 (11:30 a.m.): Understanding a Veteran Resume: A Case Study on Transferable Skills, Presented by: CACI
  • October 14 (11:30 a.m.): Retention and Maximizing the Value of Military Veterans in Your Organization, Presented by: VetAdvisor
Register using online.nvtc.org
Approximately a week before a scheduled webinar, registered attendees will receive an email with login instructions for the program. In the meantime, if you have any questions, please contact NVTC Manager of Veterans Employment and Strategic Initiatives Rick Ferry at rferry@nvtc.org or 703-268-5145.
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Highlighting Renewing Level 1 Member: grep Innovation  

grep Innovation LLC provides a variety of technology services including interactive media and software development, information security and forensics, UNIX wrangling, data telecommunications consulting and photography. A valley native, James Madison University alumnus and confessed serial entrepreneur, principal Ron Perry has a broad background in the research, development and implementation of technology, in the realms of engineering, media production, robotics, education, telecommunications, and entrepreneurship. He serves as a volunteer and advisor for a variety of organizations including Blue Ridge Community College, the Wildlife Center of Virginia and Woodrow Wilson Rehabilitation Center and is a founding board member of SVTC. 

or via email at info@grepinnovation.com 

 

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Highlighting Renewing Level 1 Member:  Friendship Industries

Friendship Industries is a business with a social mission focusing on Contract Packaging and Contract Manufacturing. Our other enterprises include Secure Document Destruction, Government Contracting, Refrigerated Packaging, and Mail Management. With 50 years experience and our flexible workforce, Friendship Industries sources, assembles, and re-packs products for many companies-from nationally known manufacturers with large production demands to emerging entrepreneurs with start-up projects.

Website:  http://www.friendship-industries.com/
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Highlighting Renewing Level 1 Member:  the City of Staunton, IT Department

Kurt Plowman is the Chief Technology Officer for the city of Staunton, Virginia. As CTO, Kurt is responsible for setting strategic direction, overseeing security, and managing the IT team. He maintains servers, local area network (LAN) and wide area networks (WAN), telecommunications systems and software applications that connect departments in over thirty locations around the City.  Kurt is an SVTC board member and also hosts monthly "Bits & Grits" breakfasts for area technology users.

More about the City of Staunton
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