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349_ Job Creation and CU Tech Transfer Success and Challenges
David Allen Associate VP for Technology Transfer, University of Colorado, shared the stats that pleasantly surprised many. "We filed 140 patent applications – a healthy number. Last year we were able to close 75 options and licenses. That’s a high number for us, previously about 60 and 35 of those are exclusive options or licenses. A good year financially $24 million in total revenues, and we maintained a solid clip of 10 start up companies created from CU Technology Transfer." There were other firsts that David referred to as he talked about the future. Last year started the research that was funded by SB-1360 passed in June 06, then last spring passed 1060 which adds bio fuels or liquid fuels into the eligible categories for the ‘proof of concept’ funding. CUTTO works closely with the Colorado Bioscience Association and others. David also lays out some real challenges and compares them to the past four years.

Related Links: CUTTO Performance Metrics || CUTTO Award Winners ||
CU Tech Transfer Office || CUTTO Channel || Keywords: Technology Transfer, CU, University of Colorado, David Allen, UCDHSC, CUTTO, Proof of Concept Funding,SB1360, SB1060> Channels:CUTTO> Bytes: 19911474 > LISTEN 7/30/07

348_ Converting a Problem into a New Career Path
Terry Morreale, Senior Engineer, Applied Trust and producer of the Women in IT Channel reveals in this interview, the other side of Sue Wyman that few people are aware of. Sue is the founder of the Jivaro Group and Chairman of the Communications Technology Professionals, CTP. When ats Westinghouse Sue reached out to the “Data processing Guy” and they developed a system somewhat like googling today. What Sue learned was that IT made her job easier and made her look good. She went to work for Savin, Minolta and ultimately US West and has been involved in technology ever since, but on the business side of technology.

Related Links: Jivaro Group|| Women in IT Channel || Applied Trust Engineerng ||
Jivaro CXO || CTP Channel || Keywords: Sue Wyman, Jivaro Group, Communications Technology Professionals, CTP, DTP, Women in IT, Terry Morreale, Applied Trust> Bytes: 16699035> LISTEN 7/30/07

347_ The Real Deal - From Theoretical Mathematics to CEO
Elizabeth Charnock founded Cataphora and has led it from concept to successful profitability funded entirely by revenues from clients and without any outside investment. To do this, she has drawn on her prior experience as a CEO and on her extensive knowledge of information retrieval technology and business. She was CEO and founder of Troba, an industry leading Customer Relationship Management software company which she sold in 2001. Lucy Sanders, CEO and Founder of the National Center for Women & Information Technology and NCWIT board member, Lee Kennedy explore the the challenges, choices and successes of this NCWIT Hero.

Related Links:  NCWIT Heroes || NCWIT Blog || CO Coalition for Gender and IT || NCWIT Practice|| Cataphora || NCWIT Channel || Keywords:  Elizabeth Charnock, Cataphora, Lucy Sanders, Lee Kennedy, Women in IT, National Center for Women & Information Technology, NCWIT Heroes > Bytes: 8439330> LISTEN 7/30/07

CB-31 Most small businesses fail, but don't have to:
The E-Myth revisted By Michael Gerber
A million new businesses will be started in the United States this year. Only one out of five will still be open after five years. And only four out of 100 will be open 10 years from now. Many of these businesses will simply fail. But at least a third will be "successful" when they close -- many abandoned by owners who walk away from successful businesses that take control of their lives, requiring too much work for too little return.  Chances are you’ve heard those numbers, or ones like them. We just accept as inevitable that most small businesses fail. That’s too bad because it’s not inevitable. 
Related Links:  Colorado BIZ Today || w3w3.com Blog || PodCast Directory || Channel: COBIZ || Keywords: Colorado Business Magazine, COBIZ, The E-Myth revisited, Michael Gerber, Cobizmag.com > Read More

Solar Mapping: San Francisco Takes the Lead, for Now
345_ For the first time ever a resident of a city or a business owner, can get an estimate of the benefits of installing solar, in minutes. They are given info, case studies to read, and info about city rebates. Solar mapping can help reduce Co2 gas emissions, which is the largest in the family of greenhouse gasses. Nigel Nugent leads the charge for CHM2 HILL in its Enterprise Spatial Solutions group and points out how timely their proprietary SAFE Method (Solar Automated Feature Extraction) is and what it will mean to cities and states pushing for 'Clean Tech" for their communities. Nigel also feels we are seeing kind of city wide or state wide goals that are being put in place, but very quickly we’re going to see a kind of “Green Sarbanes Oxley” setting out specific requirements around use of green energy.

Related Links:  Enterprise Management Solutions || Enterprise Spatial Solutions || PodCast Directory || Denver Post || Keywords:Solar Mapping, Nigel Nugent, SAFE Method (Solar Automated Feature Extraction), CH2M HILL, Enterprise Spatial Solutions >> Channels: CEC > Bytes: 11865759> LISTEN 7/23/07

Start-Up Challenges: Colorado BioScience Entrepreneurs Have a Source for Solutions

346_ Colorado is fortunate to have a number of researchers and scientists in the Bioscience arena. Like many entrepreneurs they are the best in their field, but lack some of the other skills needed to commercialize their idea and build a successful company. Chris Shapard, Deputy Director of the Colorado BioScience Association and Vicki Jennings, from the Fitzsimons Redevelopment Authority talk about the Biobootcamp where attendees learn valuable information from experienced practitioners about how to build a company designed to commercialize bioscience technologies while avoiding dangerous pitfalls that are typically encountered along the way.

At 578 acres, the Fitzsimons Life Science District is currently the nation's largest scientific and medical development project. By mid-2008, the District will offer more than 6 million square feet of clinical and lab space, and be home to more than 16,000 life science professionals. LEARN MORE

Related Links:  Bio Bootcamp || Fitzsimons || Colorado BioScience Assoc || BioSciences Channel || Keywords:Bioscience, Biobootcamp, CBSA, Chris Shapard, Vicki Jennings, Fitzsimons, Entrepreneurs> Bytes: 8004234 > LISTEN 7/2307

Converting Corporate Experience into the Entrepreneurial Dream
 

344_ Kim Karin Polese is the CEO of SpikeSource, Inc., a software company based in Silicon Valley. The company is backed by venture firm Kleiner Perkins Caufield & Byers. Prior to that, Kim was president and CEO of Marimba, Inc. and was one of the most prominent Silicon Valley executives during the dot-com era. Polese spent more than seven years with Sun Microsystems working as a Java product manager, before embarking on Marimba's Java-based business. Lucy Sanders, CEO and Founder of the National Center for Women & Information Technology along with NCWIT board member, Lee Kennedy and our own Larry Nelson, probe Kim for the reasons for her move from big corporate to the entrepreneurial world.

Related Links:  NCWIT Heroes || NCWIT Blog || CO Coalition for Gender and IT || NCWIT Practice|| Spike Source || NCWIT Channel || Keywords:  Kim Polese, SpikeSource, Open Source, Lucy Sanders, Lee Kennedy, Women and IT, National Center for Women & Information Technology, NCWIT Heroes >> Bytes 12001805  7/23/07 LISTEN

Venture Capitalist, Stephanie Smeltzer McCoy Looks at the Future - Part 2
343_ In part 1 of 2 Stephanie addresses "The three deadly sins (most common mistakes) made by entrepreneurs seeking venture capital". It relates to introductions, timing, and the ability to change on a dime along with some hard-hitting advice for entrepreneurs seeking venture capital. I

Today, in part 2 Stephanie makes some predictions, as she looks at the coming year. Some later stage deals can get in the way, but she feels it is a healthy market and the solid firms will get funding.  Stephaie identifies some hot markets, some of the trends as well as some exit strategies.
Part 2 of 2: Bytes: 7919807 > LISTEN 7/23/07

Stephanie McCoy, Venture Capitalist Addresses Entrepreneur’s Capital Challenges with Answers  - Part 1 of 2
341_The three deadly sins (most common mistakes) made by entrepreneurs seeking venture capital relate to introductions, timing, and the ability to change on a dime. Stephanie Smeltzer McCoy, managing partner at Meritage Funds lays it on the line when giving advice to entrepreneurs seeking money. Some of her ideas sound like common sense, however others are hard-hitting and can seem hard to gulp…but she is right on track. The “rules” have changed post 2004 and today 2-way due diligence will often make the difference. Stephanie has an interesting take on ‘commitment to your idea’. Listen carefully; this can help make the difference how a VC looks at the possibility of investing in your company.
Related Links:  Meritage Funds || Venture Capital Channel || CTP Channel || Podcast Directory || Keywords:Stephanie Smeltzer McCoy, Meritage Funds, Venture Capital, Entrepreneurs, VC
Channels: Venture Capital > Part 1 of 2: Bytes: 11493358 > LISTEN 7/16/07

CB-30_ Tech Startup of the Month - From Colorado to Denmark
"There are lots of new technologies being developed in renewables and the distributed-power areas, but when it comes to actually putting that together as a comprehensive solution, there’s a big gap in the market," said Sunil Cherian, the CEO of Spirae Inc. "There aren’t very many people who can take these new technologies and do the right things with it. That’s a key problem in the market, as well as an opportunity." The company’s largest project is developing new tools for Denmark’s natural gas and electrical system operator, Energinet.dk, one of the most progressive utilities on the planet. By Eric Peterson  READ More || Related Links:  Colorado BIZ Today || Spierae || w3w3.com Blog || PodCast Directory || Channel: COBIZ || Keywords: Colorado Business Magazine, COBIZ, Eric Peterson, Sunil Cherian, Spirae, Cobizmag.com > READ MORE