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November 16, 2012 - click headlines for quick navigation 

 

SVTC Luncheon: STEM education, workforce and economic development, and the link between K-12 education and job creation: December 6, 2012

SVTC Bits & Grits: November 20, 2012

Welcome New Member: SUNRNR of Virginia, Inc.

Hackfest: Nov. 17, 2012 ... Call for volunteer developers

SV-SBDC's Start Smart Sessions

JMU and Good Wealth Management Hold 'Investment Challenge' Competition for Business Students

SVTC Luncheon: STEM Education, Workforce and Economic Development, and the Link Between K-12 Education and Job Creation

December 6, 2012, 12:00noon-1:30pm

JMU's Festival Center, Highlands Room


The SVTC's December 6th luncheon combines technology, (workforce) education, and economic development. We will network with Secretary of Education, Laura Fornash and Secretary of Commerce and Trade, Jim Cheng, as well as Pat Lintner, Harrisonburg City Public Schools. Secretary Fornash and Cheng will introduce us to the ALL STUDENTS initiative.


Secretaries Fornash and Cheng will update us on the Governor's ALL STUDENTS initiative (aimed at raising awareness about the critical role K-12 education plays in the Commonwealth) and Pat Lintner, Director of Instruction, Harrisonburg City Public Schools will be our luncheon speaker and talk about the refocused and retooled STEM efforts in this local school system (it includes an integrative STEM curriculum in the elementary schools, and STEM Academies in the middle schools and the high school - and how this can be replicable).


ALL STUDENTS initiative:  Research proves there is a direct link between K-12 education and job creation. Quality education is an important factor in the decision making process for businesses and their employees when looking to relocate or expand. These companies have made it clear that an educated workforce is paramount when selecting a location; we must be able to demonstrate Virginia has a quality education system that will serve their employees and their families.


Speaker: Pat Lintner, Director of Instruction, Harrisonburg City Public Schools: Building on the strength of existing programs in mathematics, science and technology, Harrisonburg City Public Schools have refocused and retooled their STEM programming to include an integrative STEM curriculum in the elementary schools, and STEM Academies in the middle schools and the high school. In each setting, problem-based learning is an essential part of the curriculum where student learning occurs "on the job" and where STEM knowledge is used to design and engineer to solve problems.  At the SVTC's December luncheon, Patrick Lintner, Director of Instruction for Harrisonburg City Public Schools, will describe the progression of the new STEM programs in Harrisonburg and the key forces to creating the necessary structures that were essential to getting things started and moving forward.  


Cost $15.00


Pre-registration and pre-payment are required - we will be ordering a sandwich and salad and drink for each person who registers. After registration, we will send you an invoice link via email (you can  then pay by credit card or send a check). [Cancellation of a registration with reimbursement will be possible until Dec 3rd, 9 am]


PARKING: please park in  the designated lot only - across from  the Festival, in lot D3. Check the map:
http://www.jmu.edu/map/regions/skyline.shtml


REGISTER TO ATTEND THE DECEMBER 6 SVTC LUNCHEON


Upon arrival at the Festival's Highland Room (located downstairs): pick up your pre-printed nametag, load your lunch plate, and proceed into the room. Contrary to how we usually network at the beginning, we will get started almost immediately with lunch -- and do the Q&A and the networking AFTER the presentation.


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Bits & Grits

Tuesday, November 20, 2012, 8:00am

 

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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Welcome New Member: SUNRNR of Virginia, Inc.


Please join us in welcoming SUNRNR to our membership.


SUNRNR "Sun Runner" of Virginia locally manufactures and sells clean, silent, portable solar generator power systems which store renewable energy in a rechargeable battery for off grid electricity or emergency backup power.

For more information visit:  www.sunrnr.com or call (540) 271-3403.

 

Hackfest: November 17, 2012

This collaborative session will be held in Charlottesville at Open Source Connections, starting at 9 am.

 

Call for volunteer developers!  giv2giv.org, a local lean startup nonprofit with the goal of revolutionizing personal philanthropy needs your help. We have an open-source charitable giving & investment platform to develop. Find out more about giv2giv with a 15-second Prezi, a 5-minute explanation video, and hockey-stick graphs.

 

Got skills? Our small dedicated team works in Rails, PHP, iOS and Android.

Got shiny new skills? We're looking to branch into neo4j or another graphing database to solve the unique challenges and opportunities presented by making it social.

Got leadership? We need a technical lead - We all need more exposure to team leadership. Now's your chance!

 

Please contact Michael Blinn at info@giv2giv.org or (540) 245-0650 to RSVP and with any questions, and to reserve a lunch. If you're hacking we're buying! Thank you!

  

More about giv2giv:

 

giv2giv.org is a nonprofit organization that gives you your own personal foundation. Contribute $1/day into your giv2giv investment account. Your tax-deductible contribution is invested honestly and transparently into Socially Responsible Investment funds at your discretion. Then, giv2giv will make automatic donations from your investments to your favorite charities every 3 months. Your giving is tax-deductible and anonymous - no more junk mail! And, your fund can continue giving in perpetuity, supporting the causes you care about even after you're gone. This is the way all charitable giving should be. 

   

For those of us who are not quite sure what a Hackathon / Hackfest is, here's what wikipedia has to say: http://en.wikipedia.org/wiki/Hackathon 

 

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SV-SBDC's Start Smart

Dates & locations are below

  

Thinking about starting a small business? Have you already started and realize you may have missed a few things?  This workshop is for you.
We review the steps to a successful start, the registrations and regulations, and the components of sound business planning, including financial projections.


Follow-up appointments are then available with SBDC business advisors to focus on your business or marketing plan.


November 28, 10:00-11:30am, Harrisonburg
December 6, 6:30-8:00pm, Harrisonburg
December 17, 10:00-11:30am, Harrisonburg


Fee: $25


For more information & to register visit www.valleysbdc.org.

 

 

JMU and Good Wealth Management Hold 'Investment Challenge' Competition for Business Students


HARRISONBURG, Va., November 12, 2012 - To introduce students to the principles of client-centered financial advice, James Madison University's (JMU) College of Business and Good Wealth Management - Investment Consultants are sponsoring the "Financial Planning & Investment Challenge" for the second consecutive year.
 
Eight teams, each comprised of four JMU College of Business students, are designing, implementing, and monitoring an investment strategy for a fictitious client who represents a real-life scenario. This year, the client is defined as a healthy, 58-year-old widow who is concerned about her financial well-being following the death of her husband. She requires monthly income for life and has inherited $1 million in life insurance and has $300,000 in retirement savings.
 
"The fictitious client represents the profile of a growing segment of new clients seeking advice at Good Wealth Management," says Daniel Uribe, vice president of Good Wealth Management. "A widow needs to rediscover herself personally and financially. Naturally she has numerous concerns such as retirement planning, tax issues and a potential decline in her standard of living. Thus, the students we are mentoring must clearly understand the client's fears and dreams before they even talk about a traditional portfolio of stocks and bonds. It's not about pitching a product anymore; future advisors need to learn that the industry has changed and they must listen to their clients' anxieties." 
 
Uribe says the demand for young, talented financial advisors is likely to increase as baby-boomers retire. However, less than 5 percent of the estimated 316,000 financial advisors nationwide are under the age of 30, according to Forbes magazine and a recent study by Cerulli Associates. Very few colleges and universities offer a concentration in financial planning.
 
"As today's financial advisors retire, the need for trained financial planners is likely to grow exponentially," says Dr. Irvine Clarke, III, interim dean, JMU College of Business. "The Investment Challenge gives our students the opportunity to apply what they have learned in the classroom and exercise their judgment to manage a client's portfolio."
 
"The challenge," according to Pamela Peterson Drake, PhD, CFA, JMU finance department head, "is an opportunity for students to learn about selecting and managing a portfolio that is consistent with the client's investment objectives, risk tolerance, cash flow needs, and tax situation."
 
During the challenge, students are required to meet with a financial expert who portrays the client, submit a monthly "client update," write a report explaining the portfolio's risk and performance by March 22, 2013, and attend a final review with the client. Investment Challenge winners will be determined by the quality of the investment strategy as well as the portfolio's risk and performance.
 
The best three teams will receive awards during a spring ceremony, and team members will be considered for Good Wealth Management's internship program.
 
"During my 30-year career I have seen drastic changes in our industry. Much needed to be changed. Hopefully the era of cold-calling customers with stock ideas in the hope of a quick commission is receding," said Edwin Good, president of Good Wealth Management. "The best practitioners have migrated from transaction-based to client-centered, fee-based relationships. We started the Investment Challenge because we are committed to helping the future generation of financial advisors follow our lead and stand on our shoulders in moving our industry toward professional and ethical financial advice."

"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

  Center

 

 * * * * * 

 

"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.

   

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