ChemCeption incubator to launch April 2014

140303-Chemception-LaunchThe Fourth Economy team has been assisting the Chemical Alliance Zone with re-establishing a chemistry-focused business incubator in the West Virginia Regional Technology Park in South Charleston, WV. The incubator will be a key part of the West Virginia, regional, and national innovation economy. It will assist local and national chemistry-related entrepreneurs by facilitating access to strategic lab facilities, specialized commercialization expertise, and other regional resources. Continue reading “ChemCeption incubator to launch April 2014”

The TechBelt Initiative Receives Excellence in Economic Development Award from the International Economic Development Council (IEDC)

131016-IEDC-TechBelt-AwardA multi-state, economic growth accelerator, the TechBelt initiative has been recognized with a Bronze Excellence in Economic Development Award from the International Economic Development Council (IEDC).  Presented on Oct. 8 at the 2013 IEDC Annual Conference in Philadelphia, the award honors this virtual organization in category of “Regionalism & Cross-Border Collaboration” in communities with populations of greater than 500,000.

The TechBelt initiative is a network of technology and innovation stakeholders collaborating to accelerate economic growth in northeast Ohio, western Pennsylvania and northern West Virginia – states with contiguous borders and complementary industrial and academic assets.  TechBelt members are broad-based, representing the economic development organizations, foundations, researchers and chambers of commerce within the “mega region.” Continue reading “The TechBelt Initiative Receives Excellence in Economic Development Award from the International Economic Development Council (IEDC)”

Hitting the Panic Button

I participated in a forum hosted by West Virginia University President Jim Clements. The topic was on Innovation and American Competitiveness. Fellow participants came from a variety of backgrounds – Provosts, Deans, Students, Alumni which included investment managers, bankers and venture capitalists and more.

The conversation was motivating and really got me thinking more about the work we are doing and how the role we are playing in connecting innovation market participants is so critical.

What really got folks attention was Ray Lane from Kleiner Perkins and an alumni, basically saying that it is time for us to hit the Panic Button. There is so much going wrong right now that small fixes aren’t going to get us out of the economic mess we are in.

Many of us took note of Ray’s observations and the conversation should live on in various forums that we are all participating in. For my part I believe that Ray and other speakers were articulating the values of a fourth economy. Expecting value, showing true leadership and not political stupidity, taking a team approach to economic growth, inclusiveness and respect are all values that we must appreciate in order to move beyond this economic mess.

I pledge to do my part and hope that my friends will join us. Oh and by the way, Ray mentioned the need for a third political party as a way to get our elected leaders back to action and not just rhetoric. Fourth Economy Party anyone?