In the next yet2.com webinar, we introduce three of the finalists in the Clean 15 Clean Tech Competition for ecologically sound, sustainable, and “green” technologies.
The Clean 15 Clean Tech Competition connects sophisticated large company clients, joint ventures, and licensing opportunities to Canadian clean tech providers and companies; stimulates job creation, and motivates researchers and developers to commercialize their clean technology ideas while increasing the supply of compelling venture proposals.
During this webinar, yet2.com will provide an overview of the licensing opportunities as well as specific technologies in the following areas:
Advanced lightweight nano-binder material. Mike Mabey from ATI presents a lightweight fire-resistant thermal barrier mineral foam composite for automotive, aerospace, and construction applications. The material can make use of industrial and agricultural waste products.
Solar thermal power generation. Tom Beck from SHEC presents a solar receiver with an emissivity loss of only 2% at 850C, compared to other receivers with losses as high as 40%. The technology is applicable to steam turbines, stirling engines, and thermo acoustic engines.
Next-generation lighting technology. Joseph Dableh of Fifthlight Technology presents a unique patented controller system that allows magnetic-ballasted fluorescent lighting systems to be dimmed, allowing for individual automated control of each lighting fixture in a building.
Join yet2.com and these finalists from Clean 15 for our FREE Webinar:
18 November 2010 at 11:00 a.m.-12:30 p.m. EST US. (8:00 a.m. PST. 16:00 UK.)
yet2.com is excited to announce its participation in the 10th Annual PDMA/MRT Congress on Open Innovation and Co-Development,CoDev 2011: Accessing Networks and Knowledge to Create Business Value (http://www.codevpd.org/) to be held January 24 – 26, 2011 in Scottsdale, Arizona. CoDev2011 is considered the leading (and longest-running) forum on open innovation and co-development; sharing cutting-edge insights on current practices, lessons learned, and future trends. This year the discussions and case presentations will focus on tools, methods, and processes to:
Determine what the optimal organizational structure is to support and grow your company’s open innovation capabilities
Evolve your company culture to embrace innovation
Implement the types of rewards and incentives that are necessary to drive open innovation performance
Advance open innovation efforts through early supplier involvement
Expand your open innovation processes across multiple business functions and levels
Manage multiple open innovation partners on a single open innovation initiative
yet2.com will be instructing a half-day workshop on the topic of Deal Making 101: Tools, Methods and Approaches for Win/Win Negotiations at the CoDev conference and will be joining a stellar faculty of innovation leaders from Colgate-Palmolive, Heinz, HP Labs, Siemens, Clorox, LG Electronics, Kellogg, Microsoft, Kraft Foods, Shell International, GlaxoSmithKline, Campbell Soup Company, Pepisco, ConocoPhilips, Intuit, Merck, Tesco and more.
CoDev 2011 will offer multiple opportunities within the conference to connect with faculty and other participants to expand your innovation network and connect with possible new partners of choice. Friends of yet2.com will receive a special $200 discount by listing Y2 as your priority code when registering online.
For more information and to reserve your seat, call 1.800.338.2223/781.891.8080 or reserve online at: http://www.codevpd.org/
A commonly held belief is that passion is highly influential in receiving funding. Is this true? Sort of.
In a scientifically conducted study, a VC was no more likely to invest in a company with a passionate pitcher, then one with out. In other words passion alone has no statistical impact on investment in a new venture.
How could this be true? Well the study suggest that passion is typically paired with preparation. Preparation in a business plan and pitch is positively related to VC funding.
Big Picture: If you’re pitching VCs be as prepared for the conversation as possible. The more prepared you are, the better your chances of getting funding are. Passion of course, never hurts.
Source: ENTREPRENEUR PASSION AND PREPAREDNESS IN BUSINESS PLAN PRESENTATIONS: A PERSUASION ANALYSIS OF VENTURE CAPITALISTS’ FUNDING DECISIONS. XIAO-PING CHEN- University of Washington, XIN YAO- Wichita State University, SURESH KOTHA- University of Washington
I asked a friend, who’s an expert in turning companies around, how he does it.
He said, the first day he gets everyone in a room and says he requires absolute candor. He wants honest opinions and ideas. He said, inherent in that is conflict. You can’t have a group of honest people with out conflict. Conflict is good. He said, only through that conflict do the great ideas surface. These great ideas provide the synergy that turns the company around.
One of the largest problems facing startups is access to enough capital and resources to stay afloat. Many entrepreneurs lay awake at night, thinking about how they are going to pay their employees, or land the next big contract. Academic research has shown that a new venture’s legitimacy impacts the amount of resources it can obtain, and thus the amount of growth it can achieve.
“Legitimacy helps motivate the investor by signaling that the organization is properly constituted; committed to the proper scripts, rules, norms, values, and models; able to use appropriate means; and pursuing acceptable ends—all of which signal that it is appropriate to invest in the new venture.” So what is a new venture’s legitimacy?
A new venture is legitimate if:
The management team can be independently verified, and is transparent and open about their failures.
The plan and underlying technology can be verified similarly
The team is open about their shortcomings. If they are as quick to share bad news as good news they are legitimate.
So what does of all of this mean? New ventures need to make strategic choices to increase their legitimacy. Ventures that do not actively increase their legitimacy, risk not reaching the Legitimacy Threshold and have a greater chance of failure.
For more in-depth info on this read the article (which this is based off of)- BEYOND SURVIVAL: ACHIEVING NEW VENTURE GROWTH BY BUILDING LEGITIMACY by MONICA A. ZIMMERMAN & GERALD I. ZEITZ
ATI Composites is the top winner of the Clean 15 Clean Tech Competition for 2010.
The competition connects large companies, with Canadian cleantech opportunities, for the purpose of simulating the countries cleantech economy. Yet2.com is a major sponsor of the competition, and helps facilitate relationships between the large companies and the Canadian cleantech opportunities.
ATI Composites focuses on the development of light weight concrete or mineral foam which has the potential to impact the Structural Insulated Panels (SIP) market, the pre-cast industry as well as the Autoclaved Aerated Concrete (AAC) market.
In many large cities around the world, standard public transportation
is no longer sufficient. Enter some innovative chinese designers. They
have developed a new mode of transportation that is a bus and a tunnel
in one.
This ingenious design allows the bus to carry up to 1,200 passengers
while standard traffic continues to flow underneath it. The bus is
designed to straddle two lanes of traffic. Passengers will enter from
raised stations on the side of the road. The engineers of the new bus
sought to reduce traffic congestion while improving public
transportation. Hopefully we’ll be seeing these in DC and LA soon.
Leave some comments.
One of the reasons I love my job is that I get to see so many interesting new technologies and meet so many entrepreneurs.
Here is an example:
Wescorp Energy Inc. has developed a proprietary technology that
separates oil from water. The system dubbed H2O MAXX, uses inert gas
to create micro and nano bubbles to literally lift the oil and
hydrocarbons out of the water.
The beauty of this new system is that it is a continuous process
opposed to a batch process. Compared to conventional technologies
that require large reservoirs to separate a mixture of oil and water,
this technology can clean water directly and continuously from a
source. After going through the system the mixture is split into
clean water and oil, which can be reused or sold
The potential impact of this technology is large. Think of the gulf
oil spill where millions of barrels of oil were spill into the ocean.
The technology also has uses at oil refineries and municipal
wastewater treatment centers.
For the past few years I’ve co-hosted an interesting dinner, where I ask each guest to speak for less than 2 minutes on a way they think the world will change in the next 5 years – that is not obvious.
In December I hosted 70 leaders in a wide variety of disciplines – from horticulture to economics. The guest list included; 2 Governors, 7 CEO’s of companies of more than $2 billion in revenue, Chief Investment Officers of more than $38 Billion, 11 venture capitalists, etc….so you get the idea.
Here is the thoughts of one guest that I thought was relevant as the economy seems to be in the news as of recent.
Nearly all federal stimulus funding has been for financial or academic institutions, auto companies or construction projects – yesterday’s economy. Other countries are more focused on building economies more fit for the time and future based on entrepreneurs and innovation. The missing link in the U.S. is seed funding and affordable space for start-ups to move beyond proof of concept to scale up.
Department of Commerce or a new Department of Innovation should offer loan guarantees for both seed funding of innovative companies and to further the infrastructure growth of innovation hubs/research parks to build a sustainable economy.
The Clean 15 Clean Tech Competition connects sophisticated large company clients, joint ventures, and licensing opportunities to Canadian clean tech providers and companies; stimulates job creation, and motivates researchers and developers to commercialize their clean technology ideas while increasing the supply of compelling venture proposals.
Posted by bendupont 
An Environmentally Friendly Way To Separate Oil and Water
July 29, 2010One of the reasons I love my job is that I get to see so many interesting new technologies and meet so many entrepreneurs.
Here is an example:
Wescorp Energy Inc. has developed a proprietary technology that
separates oil from water. The system dubbed H2O MAXX, uses inert gas
to create micro and nano bubbles to literally lift the oil and
hydrocarbons out of the water.
The beauty of this new system is that it is a continuous process
opposed to a batch process. Compared to conventional technologies
that require large reservoirs to separate a mixture of oil and water,
this technology can clean water directly and continuously from a
source. After going through the system the mixture is split into
clean water and oil, which can be reused or sold
The potential impact of this technology is large. Think of the gulf
oil spill where millions of barrels of oil were spill into the ocean.
The technology also has uses at oil refineries and municipal
wastewater treatment centers.