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January 27, 2012 - click headlines for quick navigation 


SVTC Luncheon, Holistic Solutions: Green Technology...February 16, 2012

SVTC Bits & Grits: February 21, 2012

Tech Nite 12.....May 2, 2012.....Awards Sponsors Announced

Tech Nite 12.....Sponsorship Opportunities

Seeking Keynote Speaker Suggestions for Tech Nite 12

StartupVirginia - Entrepreneurs from across VA working together to establish a new support network

Startup Virginia Launch: January 31, 2012

Increase your Sales through Exporting: February 14, 2012 (Free)

Second Annual NVTC University Technology Exhibition: March 23, 2012

Member News: CIT GAP Funds Invests in RecargaX, LLC


SVTC Luncheon-- Holistic Solutions: Green Technology

Thursday, February 16, 2012, 11:45am-1:15pm

The Wood Grill Buffet, Harrisonburg 

(Networking begins at 11:45am)


Speaker: Charles Hendricks, The Gaines Group, PLC 


This session will focus on proven technologies that save money and resources for building owners, and emerging technologies that are changing how we think about buildings.


Networking begins at 11:45am.  Lunch is Dutch treat.  All are welcome....membership not required. Reservations encouraged.


Click Here to Register for February 16, 2012 Luncheon


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Bits & Grits

Tuesday, February 21, 2012, 8:00am

Mrs. Rowe's, Staunton


Our regularly scheduled breakfast event is held on the third Tuesday of every month. See you there! Reservations or membership not required.


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Tech Nite 12

May 2, 2012, 5:30pm

JMU, Festival Conference & Student Center

Mark your calendar for this year's gala event on
May 2, 2012!  Tech Nite is the biggest event the council hosts during the year, and you won't want to miss it.  This is when we take the time to recognize and highlight the successes of technology firms, organizations and programs in the region and the entrepreneurs and innovators behind those successes.


Prestigious awards in 7 categories will be presented. More information on how to make a nomination or a reservation for the event will be forthcoming so stay tuned.  In the meantime our sincere thanks go to all our returning award sponsors:


High Tech Entrepreneur Award

presented by

JMU's College of Business
JMU's College of Integrated Science & Technology


High Tech Company Award

presented by

Wharton Aldhizer & Weaver


Dr. John Noftsinger High Tech Leadership Award

presented by



Innovation in High Education Award

presented by

Lumos Networks

Innovation in K-12 Education

presented by


Innovative Technology Application Award

presented by the 

Center for Innovative Technology


The Green Award

 presented by

JMU's Institute for Infrastructure & Information Assurance



Tech Nite 12: Sponsorship Opportunities AVAILABLE


*** Sponsorships Are Available for Tech Nite 12 ***


The corner stones for Tech Nite 12 (May 2, 2012) have been set and all the previous award sponsors have signed on again. Sponsoring and naming an award however is not the only option if you're looking to get your name in front of the premier tech crowd!  In 2011 over 250 guests attended the banquet and we expect that many or more this year.  If you're interested in bringing a table full of folks, getting your logo included on our Tech Nite pages, and also mentioned in print, give us a shout. 


Sponsorship opportunities include:


Table Sponsor  

Media Sponsor 

Reception Sponsor

Dessert Bar Sponsor 


All the details:
Tech Nite 2012 Sponsorship Opportunities (pdf)

SVTC Tech Nite 2012 pages 

Questions? Send us an email:



Seeking Keynote Speaker Suggestions for Tech Nite 12


We're wondering who our membership would like to hear speak at the gala this year? We welcome your suggestions for a keynote speaker that would excite the technology community.  Let Nicky know your ideas





Entrepreneurs from across Virginia are working together to establish a new support network called StartupVirginia.  We hope you will choose to participate and help spread the word. This effort is a public/private partnership bringing together serial entrepreneurs and key supporters of entrepreneurship in the Commonwealth. Preliminary discussions have focused on the following identified areas of interest:


  • Providing better access to capital.
  • Linking entrepreneurial activity around the Commonwealth and promote and accelerate economic development.
  • Linking existing businesses with potential business partners, talent and acceleration opportunities.
  • Adopting a "go to market" strategy to launch StartupVirginia on January 31st.

Additional information will be available at the end of the month. Those details will include information that we gather from you and other entrepreneurs representing a wide spectrum of industries, regions and interests in Virginia. Please take two minutes (literally) to participate in the five-question StartupVirginia survey that will help establish the priorities for this initiative.


Thank you for your help and for the invaluable contributions that you add to Virginia's entrepreneurial ecosystem and culture.  Please feel free to contact me if you have any questions.




Robert J. Stolle

VP, Regional Growth Programs

Center For Innovative Technology

(804) 240-0273 /


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Startup Virginia Launch

January 31, 2012, 7:30am-10:00pm

George Mason University Arlington Campus

Entrepreneur-led Effort to Promote Startup Business Formation and Success in Virginia to Kick-off at Event Featuring Steve Case, Aneesh Chopra and Regional Entrepreneurs

Presented by Startup Virginia
Sponsored by Arlington Economic Development
Hosted by George Mason University Arlington Campus

Featured speakers include Steve Case, Chairman of the Founding Board of Startup America Partnership and Aneesh Chopra, White House Chief Technology Officer and Mason President, Alan Merten.

The event is the formal launch of Startup Virginia's statewide effort to support entrepreneurs and help startups drive job creation.

In addition to the speakers, the event will also feature a panel discussion with Jonathan Aberman, Co-Chair of Startup Virginia, President of FounderCorps and Managing Partner of Amplifier Venture Partners, Dendy Young, Co-Chair of Startup Virginia and President at Virginia Personalized Medicine Clinic, Evan Burfield, Co-Chair of Startup DC and Chairman and Founder at Synteractive, and Mark Walsh, Co-Chair of Startup Maryland and CEO of GeniusRocket.


The panel will discuss some of the specific action steps that Startup Virginia and its affiliated efforts in DC and Maryland are planning to execute their respective and collective missions.



Increase your Sales through Exporting

February 14 2012, 9:00-11:00am

SV SBDC Offices, Harrisonburg

Do you know that more than 90% of the world's customers live outside the United States?

Look beyond the border for opportunities that will keep your business growing!

Topics to be presented:

  • The benefits of exporting
  • Assessing your company's export readiness
  • Developing an export strategy and marketing plan
  • Evaluating target markets
  • Free online resources available to exporters

Join Jeff Geiger, International Trade Specialist for the Virginia SBDC Network, to learn all about your possibilities.
Jeff will remain available throughout the day for confidential conversations about your specific business; first-come first-serve, so request your appointment when you register for the workshop.

The workshop and appointments are free, but you must attend the workshop to benefit from your one-on-one meeting.

Visit for full information & to register



Second Annual NVTC University Technology Exhibition

March 23, 2012, 7:30am-2:00pm

Hilton, McLean, VA

Join Northern Virginia Technology Council and the region's top universities on March 23 at the second annual NVTC University Technology Exhibition for a sneak peek at the hot technologies currently being developed in academic labs. With exhibits from the region's top universities and breakout presentations on topics such as cybersecurity, health IT and energy, this event will explore how research and development, commercialization and licensing can generate new businesses, create industries and open unexplored markets.

Participating Universities/Labs:
George Mason University
The George Washington University
James Madison University
Naval Research Laboratory
University of Maryland
University of Virginia
Virginia Commonwealth University
Virginia Tech

Take advantage of this opportunity to learn about cutting-edge inventions and innovations ready for commercial applications.

Cost: $100.00

Visit for full information & to register.


"As a technology user and training coordinator, I find the SVTC luncheons a great source of information and networking.  I have developed contracts with businesses and trainers as a result of conversations at the meetings.  SVTC helps me to serve the needs of my customers and clients."

- Mary Sullivan, Training 

  Coordinator, Blue Ridge

  Community College, SV 

  Small Business Development



 * * * * * 


"SVTC membership has been an invaluable asset to Cadence over the years.  As a growing company in this area, our ability to leverage the many available networking activities continues to be an integral part of our on-going success.  Cadence has also benefited from recognition by the SVTC as the High Tech Company at the annual Tech Nite awards event." 


 - Chip Harvill, VP Marketing
   Cadence, Inc.


>> Ready to become a member, too?  

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Member News: CIT GAP Funds Invests in RecargaX, LLC

Payment network allowing for money service businesses (MSBs) to transmit funds to wireless carriers

January 26, 2012 (HERNDON, Va.) - The Center for Innovative Technology (CIT) announced today a $200,000 investment in Leesburg, Va.-based RecargaX, LLC, a company that allows money service businesses (MSBs) to expand their service offerings to large unbanked and under-banked sectors of the economy. 

Through its integration with MSBs and a growing number of service providers, RecargaX gives over 100 million Americans that primarily conduct cash transactions the ability to pay their bills and top-up prepaid accounts at over 120,000 brick and mortar retail locations across the U.S. This product allows those who do not have access to a bank account a convenient and easy way to bring cash into and out of the digital economy. RecargaX's secure connection presents a new revenue opportunity for businesses offering check cashing, money orders, and travelers checks, by deriving transaction fees from millions of unbanked and under-banked consumers. 

CIT President and CEO Pete Jobse said, "RecargaX has signed and implemented relationships with major MSBs and wireless carriers, while also in advance negotiations with others. With CIT's investment, these relationships will continue to develop as RecargaX's innovative technology advances."

"Our network gives consumers the ability to replenish their prepaid mobile device, put cash into their mobile wallet, and add or remove cash from their online account," said Mark Smith, RecargaX President and CEO. "These services are available everywhere a MSB is located: grocery stores, drug stores, and mass merchandisers."

Tom Weithman, CIT Vice President and GAP Funds Managing Director, said, "The RecargaX network was conceived, designed, and built by a founding team that has an intimate understanding of the payment clearinghouse business. This gives us great confidence that our investment with RecargaX will provide product technology enhancements, business development, and economic growth within the Commonwealth."

Since its 2005 launch, CIT GAP Funds has placed over 50 investments across the Commonwealth, deploying more than $5M of public funds and attracting $16 dollars of private funding for every $1 of public money invested. (For a list of portfolio companies, please visit the GAP Funds website.)

Learn more about RecargaX, LLC by visiting their website.


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800 S. Main Street MSC 4901
Harrisonburg, Virginia 22807