2015 VTKW Sponsor Showcase: New River Valley Intellectual Property Law, PC

NRV IP LAW_Michele L  Mayberry EsqMichele L. Mayberry, Esq.

nrviplawlogoIntellectual Property (IP) Law is All We Do.

New River Valley IP Law, PC provides intellectual property procurement services for clients seeking to protect their innovations, minimize risk associated with using those innovations, and maximize revenue generated from commercial embodiments of their patent-pending or patented processes and products.

Legal and industry experience as well as quality credentials are important, and we have both, but our internal collegiality and teamwork makes us unique.

Our legal team capitalizes on our individual strengths to provide each of our clients the highest level of service in an individualized and dependable manner.

New River Valley Intellectual Property Law, PC is located at 1750 Kraft Drive, Suite 2200, Blacksburg, VA 24060.

Contact them at (540)605-8070 or visit their website at http://nrviplaw.com/.

Thank you, New River Valley Intellectual Property Law, PC, for sponsoring VT KnowledgeWorks including the 2015 Global Partnership Week!

The VT KnowledgeWorks Global Partnership Week offers university students and faculty from all over the world a chance to collaborate, form partnerships, build their global networks, and congregate in Blacksburg and Roanoke, Virginia, USA. The Global Partnership is an ongoing cooperative association of regions building permanent social and academic relationships with each other, for mutual long-term advantage. Members of the partnership gather annually during a week-long Global Partnership event hosted by VT KnowledgeWorks, Virginia Tech Corporate Research Center, Virginia Tech, and citizens and businesses of the Roanoke-Blacksburg region.

2014 Winners: The grand prize went to Team feelSpace of the University of Trento. Read more about the winning teams! Watch the 2014 Global Partnership Week video and read about the event publicity.

For more information about getting involved in the Global Partnership Week, please contact Lindsey Eversole, Outreach Manager, leversole@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, CIT GAP Funds, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Interactive Achievement, Inc., Meridium, Montgomery County, Virginia Economic Development Department, National Bank, New River Valley Intellectual Property Law, Plastics One Inc., Rackspace, Shentel, SimulTV, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, UXB International, Inc., Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc, Wordsprint

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VTKW Global Entrepreneurship Challenge Semifinals Finalists Announced

VT KnowledgeWorks is pleased to announce the finalist teams chosen to present their business concepts at this year’s Global Entrepreneurship Challenge Semifinals, taking place on Wednesday, April 8, at 1:00 p.m. at The Inn at Virginia Tech and Skelton Conference Center, Blacksburg, Virginia.

VTKW Global Challenge Semifinals

The eight Virginia Tech student teams competing for the grand prize include:

  • Advanc3D Materials
    Nicholas A. Chartrain, Alison R. Schultz, and Justin M. Sirrine

    The development of new materials for Additive Manufacturing is required for the successful fabrication of customized orthotic inserts. Advanc3D Materials offers new photo-curable polyurethanes in order to comfortably balance strength and flexibility for each individual’s orthotic need.

  • Beyond Reality
    Ojas Mhetar and Jordan White

    A cloud based platform to host and deliver lag free, high quality virtual reality content via the Internet to the end user.

  • Calbico
    Ben Newman and Jeremy Boone

    The Calbico Channel Cleaning Tool is designed for cleaning hard to reach areas in semi-automatic rifles and pistols. Our cleaning tool cuts down on waste, provides a more thorough clean, and decreases the average cleaning time by forty percent.

  • Flow
    Kelvin Aviles, Joaquin Bur, Gabriella Jacobsen, Megan Lorey, Joselyn Martinez, and Ryan Klavan

    Flow, the modern sanitary product dispenser aimed at alleviating stress from needing emergency sanitary products. Designed with the consumer in mind, Flow will contain a higher quality product to make the dispensers profitable, and offer a better customer service.

  • Formy Interfaces
    Sky Van Iderstine, Bruce Ayliff, Walker Sensabaugh, Jared Deane, Giancarlo Di Biase, and Tyler Campbell

    Formy Interfaces is using additive manufacturing to create custom grips for hand-operated products that enable customers to personalize their most prized possessions in a way that was impossible until now.

  • Orb
    Cody Short

    Orb integrates water flavor enhancers into the lid of a reusable water bottle helping its users develop a healthier life by altering their drinking habits.

  • Ryde
    Blake Duncan and Neil Hartman

    Ryde is a mobile application that facilitates college fraternities in delivering their designated driver service.

  • XSprintCT
    Hao Gong

    A carbon-nanotube (CNT) based multi-source micro-focus computed tomography (micro-CT) is proposed for low-radiation-dose and high-quality preclinical imaging. This next-generation micro-CT technology will enable longitudinal, non-invasive, and three-dimensional small animal studies for preclinical researchers.

This year’s prizes include:

  • $10,000 – Plastics One Advanced Manufacturing Award for the outstanding tangible product
  • $10,000 – VT KnowledgeWorks Information Technology Award for the outstanding intangible product or service
  • $5,000 – An additional grand prize for one of the two teams that receive the Advanced Manufacturing Award or the Information Technology Award
  • $5,000 – People’s Choice Award sponsored by Virginia Tech Pamplin College of Business

For more details about this event, visit our website at www.vtknowledgeworks.com or contact Christine Spalding at 540-443-9100 ext. 3 or via email at christine.spalding@vtknowledgeworks.com.

VT KnowledgeWorks wants to thank our generous sponsors of the Global Entrepreneurship Challenge Semifinals including Plastics One Inc., Virginia Tech Corporate Research Center, and Virginia Tech Pamplin College of Business.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, CIT GAP Funds, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Interactive Achievement, Inc., Meridium, Montgomery County, Virginia Economic Development Department, National Bank, New River Valley Intellectual Property Law, Plastics One Inc., Rackspace, Shentel, SimulTV, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, UXB International, Inc., Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc, Wordsprint

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Jim Flowers Interviewed by DCInno

jim_flowersThis interview, by Ethan Bukoweic, originally appeared in DCInno on March 9, 2015.

So, you want to launch a startup?

Of course you’ve got a disruptive idea and a solid business plan that’s going to lead to success — and hopefully some money. But have you thought about what type of people you want to build a team with, where you’re going to base your operations, or how to pursue outside investment?

Where do you go to find all of these answers? You go to the experts.

Virginia Tech has displayed a dedication to startup success over the years, and VT KnowledgeWorks, a subsidiary of the Virginia Tech Corporate Research Center, is one of the many initiatives the university has put in place to promote entrepreneurship.

The incubator/accelerator combines innovative curriculum, local business resource centers, a global network of cooperating regions and expert business minds to help navigate ventures from a startup launch to ongoing growth.

With 40 years of experience as a senior executive and consultant for tech companies, Jim Flowers currently screens new companies for admission to the VT KnowledgeWorks program and is the principal counselor for member companies as they plan and execute their launch.

It’s safe to say he is a good authority on what it takes to build a company from the ground up.

DC Inno was able to catch up with Flowers and pick his brain regarding what it takes to launch a successful startup. The advice is so good we thought about keeping it to ourselves, but that wouldn’t be fair.

Here’s Flowers’ take on the importance of alignment, the benefits of becoming a member at an incubator/accelerator, and the pitfalls of putting on your “moxie goggles.”

Ethan Bukowiec: How does a potential startup recognize its market value and what can it do to capitalize on a business opportunity?

Jim Flowers: You need to start by asking, “What is a market?” A market is a population with a situation. And if you want something that is high value and easy to exploit, it’s really handy if the population is bounded (you know who’s in and who’s out), addressable (once you know who’s in you can talk to them somehow), and growing. Now on the other side of that, the situation that applies to a population is a big deal because you have been handed the “easy button” if the situation is compelling.

If you have to convince the population that they have a situation, then you have two sales to make. First, you have to convince them that they have a problem and then you have to solve it for them.

What you really want to do is find a place in the market where you can put your fist through the drywall. You can put your fist through the drywall and then rip away at it until you can fit through.

Once you have got a population, the next thing you need to do is come up with a magical way to make them choose you and make a profit out of it. You have to have a sustainable, profitable competitive advantage that you can then exploit.

EB: What should be taken into consideration when building your team in preparation for a launch?

JF: There are some really important things to consider here. One is you have to decide whether you are going to have partners or employees — or some combination — because they are radically different relationships. A partner is yours forever unless you pay them a whole lot of money to go away. You have to make that decision as part of the question, “Why am I doing this and what are my own personal aspirations?”

Once you’ve decided that, then the second thing is that you assemble a team of people with complementary skillsets and points of view. Having complementary skillsets and points of view are necessary to avoid silly mistakes, and you can leverage each person’s strengths.

The next thing you have got to do is look at your team’s alignment with your overall objectives. Everyone needs to be reasonably aligned as to your image of success so that anything done on an individual level benefits the whole team. Team chemistry is obviously also a big deal, but nonetheless people hire resumes instead of people and then they have to fire the person.

The idea is generally accepted that the odds of success go up as you add people to the startup team, up to about 5 people. After that they don’t go up because you really don’t have a small team anymore – you’ve got an organization. This brings organizational challenges right at the beginning, which is tough.

EB: What advice can you give to early-stage company executives as they pursue outside investment?

JF: As soon as you take one dollar of someone else’s money, your job is to sell the company. When you take out an investment, you are selling a part of the company at that moment and you need to understand that you are now positioning yourself and your shareholders for an exit. People who put any serious money in do not love you; they see you as a path to profits.

If your purposes for starting a company are not aligned with your investors’ desires, then you’re going to have big problems with each other along the way. A lot of startup execs think of investment as a donation to their own personal aspirations, rather than realizing their goal is to make the investors rich. It’s not necessarily a bad thing, but it’s something you need to be aware of.

EB: What are the key factors to consider when deciding where to base your company’s operations?

JF: The most interesting thing about this goes back to the founders’ aspirations for starting the company. You need to be able to answer the question, “Why are you doing this?” For example, if you’ve got a dream of living at the seashore and you think you will be involved with a venture for a long time; you better locate your company at the seashore. That may cause you some other problems. There may not be labor force at the seashore. Does your labor force need to be near you? From a pure geographic standpoint, if part of your personal aspiration is geographically constrained, that’s OK, but it means that some other constraints will be in place as a consequence, and you have to take that into consideration.

If you are not geographically constrained, you obviously want to locate yourself where it’s easiest to get the resources you need to build the company or to get to the clients you are trying to sell to. We all need accessibility and strategic resources. If you need a whole bunch of programmers and you want to talk to them every day, then you better locate yourself somewhere you can hire programmers.

Make sure that you are not out of line with your personal aspirations. The largest single risk factor in small-scale startups is the startup team. If you don’t acknowledge what you want, you will do a lot of confusing things, and the same is true of your team. I like to say that self-awareness is a very big deal for startup teams. What are you really trying to do?

EB: How should startups approach an exit or acquisition?

JF: When you are trying to exit, the other guy has to see a value that he can extract downstream or he won’t pay you for it. You are probably going to get more money from someone who sees your company as a strategic building block to something larger than from somebody who just wants to milk it as a cash cow. Understanding why somebody would want to buy your product has a great deal to do with your valuation expectations and your ability to negotiate. It’s also really good to have more than one suitor.

Remember, there are also different things that happen to you when you exit. Some exits will lock you up for a while. Some exits want you to go away and never come by again. Some exits have to do with the acquirer just shutting down your company because you are a pain to his ventures.

It helps to broaden your network to include people with acquisition experience who can tell you their war stories. Smart people do smart stuff if they have the right information.

EB: What are the mistakes you see companies make as they expand after early success?

JF: The classic one is that the startup management team doesn’t know how to behave as a growth management team — they just don’t have the skillset. There’s really a difference between entrepreneurship and management. A whole lot of entrepreneurs get in trouble when they try to behave the same way they’ve been behaving even though the company is 10 times bigger. Some companies do a really good job of transitioning to growth, but most of them should really handoff management duties to somebody else. What often happens is that when you dilute the core team you end up with a quality drop-off. And you can only lose your reputation once.

EB: What are the benefits of becoming involved with a startup incubator/accelerator?

JF: There’s the old saying that, “It’s not what you know, it’s who you know.” But I read a blog one time that said, “Who you know IS what you know.” Your network gives you access to information that you would not otherwise have, and it’s filtered by a human and not by Google.

Google is a perfectly good way of getting a lot of information, but Google never had to perform in that market space the way a human did. And so you get filtered stories.

It’s not networking to find people to tell you what to do or not do; it’s networking to find people who have information that will permit you to make a better decision. You get perspective out of that network. The networks allow you to make better decisions and, particularly accelerators, often have access to a network that will help you sell your product. The ability to get beyond yourself with a well-structured network is a big, big deal.

Incubators in the classic sense were started out of economic development — a community incubator to help promote businesses in a town. Accelerators are specifically profit based. It’s different from an incubator trying to create jobs for XYZ, Va. There’s a different motivation. There’s a different mindset. There’s a different team on board. An incubator usually has a manager and they’ve got some local mentors around, but those people could be running tire stores. Some of the things that incubators used to cluster together in terms of logistics just don’t matter anymore.

EB: What is the one piece of advice all startups/early-stage businesses should live by?

JF: The market is always right. And the competition is not stupid. There are people who are so in love with what they’ve invented that they cannot be convinced that not everyone is going to want it. There are still people that think the market is stupid but will come around to their idea, and they think the competition won’t respond when they show up in the marketplace. They think, “We can beat these guys on price, so we’ll do that.” But when the competitor cuts the price, what are you going to do?

A common mistake is what I call “moxie goggles” — it’s kind of like tunnel vision. You’re so excited about your stuff that you refuse to see information that does not conform to your preferred view of the universe. The simple one is the market is always right. Never forget that.

Image via Jim Flowers

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, CIT GAP Funds, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Interactive Achievement, Inc., Meridium, Montgomery County, Virginia Economic Development Department, National Bank, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Plastics One Inc., Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, UXB International, Inc., Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc, Wordsprint

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Announcing the 2015 Big Launch Challenge

The Launch Place, an established entrepreneurial development organization headquartered in Danville, Virginia, and First Flight Venture Center, the largest technology incubator in the Research Triangle, North Carolina, have come together once again to host a contest with two awards totaling up to $20,000 for first place and up to $10,000 for second.

The Big Launch Challenge is open to early-stage Virginia-based and North Carolina-based companies

This year’s challenge will feature a total of two elimination rounds with the live final pitch event to be held on May 19, 2015, starting at 1p.m., at the Institute for Advanced Learning and Research in Danville, Virginia.

The Big Launch Challenge is open to these industries:

  • Nano Technology
  • Green Technology
  • Alternative Energy
  • Advanced Manufacturing
  • Advanced Materials
  • Medical Devices
  • Information Technology

Participants must also:

  • Have fewer than 10 employees
  • Have a physical product to develop
  • A willigness to locate a part of the operations/manufacturing for this business in Danville, VA
  • A willingness to receive mentorship and guidance from The Launch Place and First Flight Venture Center teams

In its second year, The Big Launch Challenge provides entrepreneurs with the best possible resources – including education, networking, team creation, mentorship, early-stage prototyping, and potential follow-on seed financing – to help turn innovative ideas into real business.

“This competition promotes creative technology-related ideas and helps entrepreneurs gain both experience and exposure for taking their business ideas forward,” said Larry Dickinson, 3F LLC, the winner of the first Big Launch Challenge.

The registration deadline is March 31, 2015.

Register now for The Big Launch

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, CIT GAP Funds, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Interactive Achievement, Inc., Meridium, Montgomery County, Virginia Economic Development Department, National Bank, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Plastics One Inc., Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, UXB International, Inc., Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc, Wordsprint

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2015 Global Entrepreneurship Challenge Semifinals Sponsor: Plastics One Inc.

2015 VTKW Sponsor: Plastics One Inc.

Plastics One has been partnering directly with OEMs worldwide since 1949 by working together to provide solutions to industry needs.

As an ISO 13485 and 9001 certified full-service medical component manufacturer the focus is on designing and building custom cable and connector assemblies with unique design requirements. The engineers and R&D teams are hands on, and ready to help bring ideas to life – we make things happen.

The facility encompasses over 85,000 square feet and offers in-house design engineering, research and development, a state of the art toolroom, diverse plastic injection molding, assembly and packaging services. The quality management system subjects products to rigorous inspection before they are shipped to the customer. Plastics One also has nine ISO Class 8, 100,000 Cleanrooms with two ISO Class 7, 10,000 Cleanrooms which are utilized for molding, assembly and packaging parts for the medical device industry.

Thank you, Plastics One Inc., for sponsoring the 2015 Global Entrepreneurship Challenge Semifinals!

Virginia Tech student teams will compete at the VT KnowledgeWorks Global Entrepreneurship Challenge Semifinals for the chance to win one of three scholarship prizes, including the Plastics One Advanced Manufacturing Award for $10,000, the $10,000 VT KnowledgeWorks Information Technology Award for the most outstanding intangible product or service, and the $5,000 People’s Choice Award, sponsored by the Virginia Tech Pamplin College of Business. One of the two teams that receive the Advanced Manufacturing and the Information Technology prizes will earn the grand prize and receive an additional $5,000 in scholarship assistance, as well as the opportunity to compete on a world stage in the $25,000 VT KnowledgeWorks Global Challenge this August.

Register to attend the Global Entrepreneurship Challenge Semifinals on Wednesday, April 8, 12:30 PM – 6:00 PM. Registration is free and all attendees will be entered a raffle contest to win a Kindle Fire donated by Holiday Inn University Blacksburg.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, CIT GAP Funds, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Interactive Achievement, Inc., Meridium, Montgomery County, Virginia Economic Development Department, National Bank, New River Valley Intellectual Property Law, PC, Phoenix Packaging Operations, Plastics One Inc., Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, UXB International, Inc., Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc, Wordsprint

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2015 Global Entrepreneurship Challenge Semifinals Sponsor: VTCRC

Established in 1985, the 230-acre Virginia Tech Corporate Research Center (VTCRC) boasts more than 31 buildings with over 2,700 employees and is home to more than 160 private companies and research centers. The VTCRC is owned and managed by the Virginia Tech Foundation, a 501 (c)(3) nonprofit non-stock corporation established in 1948. The VTCRC strives to develop a growing, prestigious research park for high-technology companies and in collaboration with the university, advance the research, educational and technology transfer missions of Virginia Tech.

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At the VT KnowledgeWorks Building in the Virginia Tech Corporate Research Center, student teams from all over the world, who previously attended the VT KnowledgeWorks Global Partnership Week, have the opportunity to obtain free summer work space to pursue their business concepts.

Thank you, Virginia Tech Corporate Research Center, for sponsoring the 2015 Global Entrepreneurship Challenge Semifinals!

Virginia Tech student teams will compete at the VT KnowledgeWorks Global Entrepreneurship Challenge Semifinals for the chance to win one of three scholarship prizes, including the Plastics One Advanced Manufacturing Award for $10,000, the $10,000 VT KnowledgeWorks Information Technology Award for the most outstanding intangible product or service, and the $5,000 People’s Choice Award, sponsored by the Virginia Tech Pamplin College of Business. One of the two teams that receive the Advanced Manufacturing and the Information Technology prizes will earn the grand prize and receive an additional $5,000 in scholarship assistance, as well as the opportunity to compete on a world stage in the $25,000 VT KnowledgeWorks Global Challenge this August.

Register to attend the Global Entrepreneurship Challenge Semifinals on Wednesday, April 8, 12:30 PM – 6:00 PM. Registration is free and all attendees will be entered a raffle contest to win a Kindle Fire donated by Holiday Inn University Blacksburg.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, CIT GAP Funds, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Interactive Achievement, Inc., Meridium, Montgomery County, Virginia Economic Development Department, National Bank, New River Valley Intellectual Property Law, PC, Phoenix Packaging Operations, Plastics One Inc., Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, UXB International, Inc., Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc, Wordsprint

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2015 Global Entrepreneurship Challenge Semifinals Sponsor: Pamplin College of Business

Virginia Tech’s nationally ranked Pamplin College of Business offers undergraduate and graduate programs in accounting and information systems, business information technology, economics, finance, hospitality and tourism management, management, and marketing. Pamplin emphasizes technology and analysis that improve business, entrepreneurship that leads to innovation and innovative companies, international opportunities for learning and research, and an inclusive, collaborative community. It is named in honor of two alumni: the late Robert B. Pamplin, retired chairman of Georgia-Pacific, and businessman, author, and philanthropist Robert B. Pamplin Jr.

Pamplin photoPictured left to right: Ted Hanson, Brian Callaghan, Edwin Sheridan, and Jeffrey Veatch

Virginia Tech renamed the Center for Innovation and Entrepreneurship in the Pamplin College of Business In November 2014 in recognition of a joint commitment of $5 million by university alumni Brian Callaghan, Ted Hanson, Edwin “Win” Sheridan, and Jeffrey Veatch. The Apex Systems Center for Innovation and Entrepreneurship is named after the information technology staffing and services company that Callaghan, Sheridan, and Veatch founded in 1995, which Hanson joined as chief financial officer in 1998.

Thank you, Virginia Tech Pamplin College of Business, for sponsoring the 2015 Global Entrepreneurship Challenge Semifinals!

Virginia Tech student teams will compete at the VT KnowledgeWorks Global Entrepreneurship Challenge Semifinals for the chance to win one of three scholarship prizes, including the Plastics One Advanced Manufacturing Award for $10,000, the $10,000 VT KnowledgeWorks Information Technology Award for the most outstanding intangible product or service, and the $5,000 People’s Choice Award, sponsored by the Virginia Tech Pamplin College of Business. One of the two teams that receive the Advanced Manufacturing and the Information Technology prizes will earn the grand prize and receive an additional $5,000 in scholarship assistance, as well as the opportunity to compete on a world stage in the $25,000 VT KnowledgeWorks Global Challenge this August.

Register to attend the Global Entrepreneurship Challenge Semifinals on Wednesday, April 8, 12:30 PM – 6:00 PM. Registration is free and all attendees will be entered a raffle contest to win a Kindle Fire donated by Holiday Inn University Blacksburg.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, CIT GAP Funds, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Interactive Achievement, Inc., Meridium, Montgomery County, Virginia Economic Development Department, National Bank, New River Valley Intellectual Property Law, PC, Phoenix Packaging Operations, Plastics One Inc., Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, UXB International, Inc., Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc, Wordsprint

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2015 VTKW Sponsor Showcase: Automation Creations, Inc.

Automation Creations, Inc. (ACI) develops guaranteed custom software solutions for technology driven companies worldwide. The ACI team of agile developers and designers works with clients to build web and mobile software that improves productivity and the bottom line. The company has extensive experience with clients in commercial, educational and government sectors.

Recently, ACI developed the Blacksburg Transit website backend powering the BT4U mobile app. They continue to provide programming support to MatWeb.com, and a major pharmaceutical logistics company. ACI also takes on very short projects, like Excel macros and training course development. Volunteers from ACI help run the New River Robotics Association, a non-profit to promote STEM, located in the KnowledgeWorks building.

ACI all-electric vehicle in front of VTKW

The ACI all-electric vehicle in front of VT KnowledgeWorks.

Thank you, Automation Creations, Inc., for sponsoring VT KnowledgeWorks including the 2015 Global Partnership Week!

The VT KnowledgeWorks Global Partnership Week offers university students and faculty from all over the world a chance to collaborate, form partnerships, build their global networks, and congregate in Blacksburg and Roanoke, Virginia, USA. The Global Partnership is an ongoing cooperative association of regions building permanent social and academic relationships with each other, for mutual long-term advantage. Members of the partnership gather annually during a week-long Global Partnership event hosted by VT KnowledgeWorks, Virginia Tech Corporate Research Center, Virginia Tech, and citizens and businesses of the Roanoke-Blacksburg region.

2014 Winners: The grand prize went to Team feelSpace of the University of Trento. Read more about the winning teams! Watch the 2014 Global Partnership Week video and read about the event publicity.

For more information about getting involved in the Global Partnership Week, please contact Lindsey Eversole, Outreach Manager, leversole@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, CIT GAP Funds, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Interactive Achievement, Inc., Meridium, Montgomery County, Virginia Economic Development Department, National Bank, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Plastics One Inc., Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, UXB International, Inc., Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc, Wordsprint

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Free Attendance for the Global Entrepreneurship Challenge Semifinals

GlobalChallengeLogo2014 VTKW E-Challenge Step Up To The ChallengeRegister to attend the VT KnowledgeWorks Global Entrepreneurship Challenge Semifinals taking place at The Inn at Virginia Tech & Skelton Conference Center in Blacksburg on Wednesday, April 8, 2015.

Watch as Virginia Tech student teams present their business concepts before a judging panel and live audience and are awarded these amazing prizes:

  • $10,000 – Plastics One Advanced Manufacturing Award for the outstanding tangible product
  • $10,000 – VT KnowledgeWorks Information Technology Award for the outstanding intangible product or service
  • $5,000 – An additional grand prize for one of the two teams that receive the Advanced Manufacturing Award or the Information Technology Award
  • $5,000 – People’s Choice Award sponsored by Virginia Tech Pamplin College of Business

All attendees will be entered to win a brand new Kindle Fire!  Must be present to win.  Raffle prize donated by Holiday Inn University Blacksburg.

Many thanks to our Global Entrepreneurship Challenge Semifinals Sponsors: Plastics One Inc., Virginia Tech Corporate Research Center, and Virginia Tech Pamplin College of Business.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, CIT GAP Funds, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Interactive Achievement, Inc., Meridium, Montgomery County, Virginia Economic Development Department, National Bank, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Plastics One Inc., Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, UXB International, Inc., Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc,

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2015 VTKW Sponsor Showcase: Plastics One Inc

2015 VTKW Sponsor: Plastics One Inc.

Plastics One has been partnering directly with OEMs worldwide since 1949 by working together to provide solutions to industry needs.

As an ISO 13485 and 9001 certified full-service medical component manufacturer the focus is on designing and building custom cable and connector assemblies with unique design requirements. The engineers and R&D teams are hands on, and ready to help bring ideas to life – we make things happen.

The facility encompasses over 85,000 square feet and offers in-house design engineering, research and development, a state of the art toolroom, diverse plastic injection molding, assembly and packaging services. The quality management system subjects products to rigorous inspection before they are shipped to the customer. Plastics One also has nine ISO Class 8, 100,000 Cleanrooms with two ISO Class 7, 10,000 Cleanrooms which are utilized for molding, assembly and packaging parts for the medical device industry.

Thank you, Plastics One Inc., for sponsoring VT KnowledgeWorks including the 2015 Global Partnership Week!

The VT KnowledgeWorks Global Partnership Week offers university students and faculty from all over the world a chance to collaborate, form partnerships, build their global networks, and congregate in Blacksburg and Roanoke, Virginia, USA. The Global Partnership is an ongoing cooperative association of regions building permanent social and academic relationships with each other, for mutual long-term advantage. Members of the partnership gather annually during a week-long Global Partnership event hosted by VT KnowledgeWorks, Virginia Tech Corporate Research Center, Virginia Tech, and citizens and businesses of the Roanoke-Blacksburg region.

2014 Winners: The grand prize went to Team feelSpace of the University of Trento. Read more about the winning teams! Watch the 2014 Global Partnership Week video and read about the event publicity.

For more information about getting involved in the Global Partnership Week, please contact Lindsey Eversole, Outreach Manager, leversole@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Automation Creations, Inc., BAE Systems, BB&T, The Branch Group, Inc., Brown, Edwards & Company, LLP, CIT GAP Funds, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Interactive Achievement, Inc., Meridium, Montgomery County, Virginia Economic Development Department, National Bank, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Plastics One Inc., Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, UXB International, Inc., Virginia Tech Corporate Research Center, Virginia Tech’s Outreach and International Affairs, VPT, Inc, Wordsprint

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