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October 21, 2011 - click headlines for quick navigation 

 

Member News: CIT Invests in Front Royal-based CavitroniX™

Member News: Cadence, Inc. Appoints New VP of Manufacturing

FIRST Lego League & Teams Looking for T-Shirt Sponsors

Valley SBDC Event - Keeping the Books: November 1, 2011

SVTC Bits & Grits: Tuesday, November 15, 2011

 

Member News: CIT Invests in Front Royal-based CavitroniX™


>>CavitroniX is a SVTC member - congratulations!<<

 

Using innovative emulsion systems to cut energy costs and pollution


October 20, 2011 (HERNDON, Va.) - The Center for Innovative Technology (CIT) announced today that its Commonwealth Energy Fund (CEF) has invested $200,000 in CavitroniX™, based in Front Royal, Va., a leader in point-of-use emulsion systems that cuts energy costs and pollution.


The CavitroniX E2C units are designed as "plug and play" add-on upgrades to existing fuel oil-fired boilers or furnaces, a $6 billion industry. The units can also be used for diesel-powered marine applications, including ferries, commercial fishing boats, tug boats, pilot boats, and oil-crew service boats, a $1.5 billion industry.


The E2C converts standard fuel oil - ranging from diesel and home heating oil to less refined heavy oil - into a water-fuel emulsion (typically 85 percent fuel oil and 15 percent water) just prior to being injected into the burner. No modification of existing systems is required. The unit is compact, requires minimal assembly, is low maintenance, and is designed to be easily installed by HVAC contractors. 


Pete Jobse, CIT President and CEO, said, "Not only do these investments in emerging companies like CavitroniX help solve global problems, they also validate the contributions of these innovative technology companies in creating new economic development and job creation opportunities." 


Thomas G. David, CavitroniX CEO and President, said, "CIT's assistance and investment helped bring other investors along, which is especially helpful during these challenging times. We will use this investment to expand our sales and marketing efforts into this growing marketplace." 


The CIT GAP Funds make seed-stage equity investments in Virginia-based technology and life sciences companies with high potential for achieving rapid growth and generating significant economic return. Drawing on the CIT GAP Funds model, CIT developed the CEF in partnership with the Virginia Department of Mines, Minerals and Energy (DMME) to identify and fund commercially ready, innovative green technology companies located in Virginia. The CEF is capitalized by American Recovery and Reinvestment Act (ARRA) funding provided by the Department of Energy (DOE). 


Tom Weithman, CIT Vice President and GAP Funds Managing Director, said of the GAP Funds, "CavitroniX is precisely the type of company in which the Commonwealth Energy Fund seeks to invest.  We believe that CavitroniX generates extraordinary economic returns for the Commonwealth, while contributing to Virginia's long-term energy conservation goals." 


For a list of portfolio companies, please visit the GAP Funds
website.


To learn more about CavitroniX, please visit their website.

 

For Information on the Center for Innovative Technology, please visit www.cit.org

 

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Member News: Cadence, Inc. Appoints New VP of Manufacturing


[Staunton, VA] - Cadence, Inc. is pleased to announce that Scott Norris has joined the company as Vice President of Manufacturing at its Staunton, VA facility. In this position, Scott will serve as a key member of the executive team and will be responsible for providing day-to-day leadership and management to the manufacturing facility at Cadence.


Scott brings over 20 years experience in leadership roles in manufacturing operations.

Prior to joining Cadence, Scott has served as Director of Operations at both Integra Life Sciences in Cincinnati, Ohio and Sandvik Medical Solutions in Arab, Alabama and as Director of Special Projects at Ethicon Endo-Surgery.

"With the hiring of Scott, we bring in another accomplished executive with a proven track record to continue to improve and expand our medical device manufacturing abilities," said Alan Connor, President.  "I am confident that under Scott's leadership, we will continue to enhance our processes and capabilities in support of our growth strategy." 

Scott is certified Six Sigma Black Belt and LEAN/TPS trained by Shingijutsu. He holds a BS in Industrial Engineering from Kent State University and an MBA in Finance from Xavier University.

For more information visit Cadence.com

 

 

FIRST Lego League (FLL) -  the "season" has started: local team update 

(eg a t-shirt sponsor is needed) 

 

  

FIRST Lego League Season is Underway...can you feel the excitement?  We certainly can and it's contagious!

  

In the the state of Virginia there are now over 500 registered FLL teams (comprised of 9 - 14 year olds with a coach/mentor). This means that we have the largest concentration of FLL teams anywhere (more than any other US state or country). 

 

Teams have formed and have gotten started: each September, a new challenge is unveiled to FLL teams across the world. Over the ensuing 8 weeks, the teams strategize, design, build, program, test and refine a fully autonomous robot using LEGO MINDSTORMS(TM) technology. The robots are capable of completing various challenge missions in a "Robot Game". The teams also search the Web, talk to scientists, visit the library and develop compelling presentations based on the FLL "Research Assignment", which relates to the problem identified in the Challenge. In addition to the challenge, the teams are evaluated in two other areas; Teamwork and Robot Design.

 

Our regionally-qualifying tournament will be held here in Harrisonburg (at JMU) on November 5, 2011. The winners from the regional tournaments then compete against each other in the state competition, which will also be held in Harrisonburg (December 3rd & 4th at JMU Memorial Hall / Harrisonburg High School.). BOTH of these competitions, regional and state, are OPEN TO THE PUBLIC. Please join us! For more info, incl. parking at JMU, please visit the website for the SV regional FLL competition and the VA/DC FLL state competition.

 

The SVTC supports FIRST Lego League and again this year we are sponsoring 3 teams (we're reimbursing half of their start-up cost). In addition, we (our board of directors,  our staff, and our members) VOLUNTEER for both tournaments!  STEM education is what this is about of course (STEM = Science, Technology, Engineering, Math) so it's right up our alley :) 

 

Volunteers are always needed, so if you have half a day to give on Nov. 5th or Dec. 3rd or 4th, please send us a note (info@svtc-va.org). Previous experience is NOT needed.  

 

However, if you are unable to volunteer on the day(s), here is another way to help:

Harrisonburg City Public Schools has 3 newly formed FLL teams this year (Thomas Harrison Middle School, Skyline Middle School and Stone Springs Elementary).  They could use your support in providing a sponsorship for team shirts. Each sponsor will be featured on the back of the shirt. If you are willing to donate to one or more of the schools please contact Amy Sabarre at asabarre@harrisonburg.k12.va.us or 276-340-1335. Please visit www.i-stem-harrisonburg.com to learn more about FLL in Harrisonburg City Public Schools. 

 

mindstorm marauders fll team regionals November 2009

Mindstorm Marauders FLL Team 2009

 

What is FLL? The FIRST LEGO League (FLL), considered the "little league" of the FIRST Robotics Competition, is the result of a partnership between FIRST and the LEGO Company. FLL extends the FIRST concept of inspiring and celebrating science and technology to children aged 9 through 14, using real-world context and hands-on experimentation.

With the help of LEGO MINDSTORMS Robotics Invention System technology, young participants can build a robot and compete in a friendly, FIRST-style robotics event specially designed for their age group. Using LEGO bricks and other elements such as sensors, motors, and gears, teams gain hands-on experience in engineering and computer programming principles as they construct and program their unique robot inventions.

Visit the SVTC's FIRST Lego League Page to learn more. 

 

PS: the national non-profit organization that is instrumental in all of  this (plus 2 other robotics programs) is called FIRST (For Inspiration and Recognition of Science and Technology). Yes, Dean Kamen is involved!  http://www.usfirst.org/ 

 

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Valley SBDC Event - Keeping the Books

November 1, 2011, 1:00-5:00pm

PBGH, LLP, 558 South Main, Harrisonburg, VA 


The SV-SBDC is partnering with PBGH, LLP to offer this class.

 

Do you know what your financial records tell about your business? As a responsible owner or manager, you need to learn the "language of business."


Your business records allow you to monitor cash flow, track deductible expenses, prepare financial statements, and support your tax returns.


In this workshop, you'll learn the fundamentals of basic bookkeeping tasks and how to use your chart of accounts.
You'll learn to record and match revenues & expenses, record receipts & disbursements, handle end-of-period closings, and read financial reports.


This seminar is not software-specific and will apply to any manual or computerized accounting system. It is an excellent foundation course for QuickBooks training.

Fee:  $35

Register here or call 540-568-3227.

 

"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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Bits & Grits

Tuesday, November 15, 2011, 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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