I’m very fortunate that I get to go to a lot of conferences around the country, but the chief complaint I always hear is being stuck in a hotel and not getting an opportunity to experience the city. The Energy Storage Building Efficiency Conference could be held in a hotel but we wanted you to have some adventure and show off a city that you might have never thought of coming to before. We believe that place is important. We’ve had companies relocate to Warren from across the country because the value the city offered them, not just our incubator. Our conference is going to be held on Courthouse Square in Downtown Warren, our breakouts will be at cool local venues and you will get to walk, navigate, and adventure through our cool little city. We’re inviting you to learn and be a part of and share our city for two days and we believe this will make the conversations, and the connections even more powerful. Also, if that wasn’t cool enough, the closing reception will be at the National Packard Museum, so you’ll close out your experience listening to gangster era jazz music surrounded by one of the most innovative cars to ever hit the market. The first Packard rolled off the line in Warren, Ohio in 1899. Innovation isn’t just about the people you surround yourself with, it’s about the inspiration a place can have on the experience. If you’re a startup in the energy sector, you must be here. Did you want to meet first customers like AEP, Dominion, First Energy, Rockwell and Others? Join us. I promise your company will be better for it. Manufacturer’s send your plant managers and Chief Technology Officers. Do you want to learn about cutting edge technology that can lower your bottom line significantly, and make your buildings run cheaper and more efficiently? This conference will give you more than something to think about it, it’ll give you the connections to act on those projects you’ve been dreaming about. Investor’s, do you want to learn about Opportunity Zone investing? We have John Lettieri from the Economic Innovation Group, the guy who partnered with Sean Parker of Facebook fame, here to tell you how to make good deals better and how to invest in companies and projects in places that your money can not only earn a return for you, but make a real impact in communities you care about. Beyond that, meet a plethora of investable startups and learn what they are doing to get your attention. Listen to early stage investors on how they make decisions, and what opportunities are out there. We consistently talk about how important it is to get our companies more access to capital, we need to talk more about how important it is for you to make sound investments into companies and projects that have a real impact. We’re excited to have you.
One of the exciting pieces of TBEIC’s Energy Integration Lab is the IoT lab. The lab is filled with useful Keysight equipment that we’re fortunate enough to be provided with. Here are details on just a few of the unique pieces that makeup a portion of our lab. The Keysight N6705C DC Power Analyzer can become a DMM, oscilloscope, arbitrary waveform generator, and datalogger. The interface has been revised to make it even easier to use. It outputs a beautiful dashboard to our desktop with data in units of seconds, minutes, hours, and days to see current consumption of the device under test. A test you can create on the power analyzer! Keysight 34460A 6.5-digit Truevolt Multimeter with 1000V max voltage input and 3A max current input. This device is perfect to test low power devices with low DC current [100 µA to 3 A]. The machine has color, graphical display with built in bar chart, histogram, and math stats to show results. The accuracy of the device allows for calibration of some of our equipment without the use of shunts. The 34460A gives a serious productivity boost! Keysight InfiniiVision MSOX4034A Mixed Signal Oscilloscope is the best on the market! Beginning with the massive 12.1” capacitive touch display screen to the Touch Zone Trigger feature. The unit has a built-in help feature that displays information on any button you press and hold down. The scope has an 8-bit digitizer or 256 discrete voltage levels on the screen for maximum signal resolution. The machine also has a consistent and quick update rate. When attached to a frequency counter, it sees 613kHz (waveforms) per second. The best thing is when enabling digital channels and serial decode, the update rate is not affected. This is accredited to the Megazoom IV ASIC Technology which does digital acquisition and serial decode in hardware. This machine handles memory depth automatically, hence the high update rate. The scope uses Segmented Memory feature to capture data you want and ignore the rest to maximize storage. Interesting in seeing the equipment in action? Contact TBEIC by visiting HERE.
What is Economic Development? Because no single definition of economic development exists, it is typically described in terms of achievable objectives that contribute to the community’s wellbeing in the long run. Common objectives of economic development are the creation of jobs and wealth, and the improvement of quality of life. To meet these and other objectives, economic development is comprised of three overarching areas of action: policies undertaken by the government to meet economic objectives, policies and programs to provide services such as infrastructure and medical, and policies and programs to improve the business climate. Why is Economic Development Important? Whatever the combination of these areas undertaken, economic development always aims to improve the economic wellbeing of a community through a variety of efforts entailing job creation, job retention, tax base enhancements and improving quality of life. Without implementation of policies and programs to aid economic development, growth within communities would slow – potentially even falling off, and quality of life would decrease for community stakeholders. This being said, it is important to have a strong balance of the three areas of action within any community to provide the greatest opportunity for the economy to grow and develop. How do Incubators Support Economic Development? In short, business incubators operate within the third area of action; they create programs that improve the business climate. They do this by aiding startup businesses by enabling them to secure financing, helping with their marketing, offering them mentorship and sometimes a space to operate, and in general supporting their operations in a way that allows them to develop their idea and expand their business. When startups experience the growth that an incubator may facilitate, they may bring in more revenue, hire more employees and operate more sustainably long-term. More revenue means they could potentially pay more taxes, hiring more people means job creation for the community in which they operate, and sustainable operations means doing more of both things for a longer period of time. How Does TBEIC Impact the Community? TBEIC, as the only energy incubator in Ohio, has made significant contributions to economic development in our community. TBEIC rents space to 19 companies in downtown Warren, Ohio. It has also assisted 192 energy startups since 2012. These clients have employed over 300 people in Northeast Ohio and have secured more than $60 million in funding. Aside from giving access to resources and supporting others to create successful ventures, TBEIC has contributed to economic development by the new jobs these startups have been able to create and the capital they have infused back into the economy. More Reading: The evolution of startup incubators – an insider’s view Do Tech Incubators Work? References: https://www.iedconline.org/clientuploads/Downloads/IEDC_ED_Reference_Guide.pdf http://ftp.iza.org/dp11856.pdf
Over 130 people attended the Mahoning Valley Engineer of the Year Awards on April 3rd in the Energy Integration Lab. Congrats to this year’s winners! – Young Professional: Ashley Totin, Project Engineer at America Makes – Distinguished Female: Rachel Lindesmith, General Supervisor for Engineering at Ohio Edison & Penn Power – Community Impact: Randy Partika, Program Manager & Development Engineer at the Western Reserve Port Authority – Engineer of the Year: Mark Peters, General Manager & Director of Engineering at Fireline, Inc.
Mahoning Valley Engineer of the Year awards are in their second year and we are so humbled and honored by the amazing nominee’s and the amount of effort that the nominator’s put into the process this year. We are fortunate to have an unbelievable community of Engineers in the Mahoning Valley and we are excited to take some time away from innovating and celebrate them! The Community Impact Engineer of the Year Award was broken down into 4 unique judging criteria which we believe the finest engineers in the world embody. Leadership: Activity in associations, holding offices for groups, showing leadership in work Awards and Honors: published work, research grants, patents, SBIRs, and other work Community Service & Philanthropic Activity: names of organizations and examples of contributions Engineering or Technical Projects: list and discuss any major engineering programs or projects that the nominee has been involved in, including how the project benefitted a company, profession, or community The Finalists for the Community Impact Engineer of the Year are: Randy Partika – Western Reserve Port Authority Joe Verostko – J.M Verostko Congratulations to our finalists! We cannot wait to see you on April 3rd! Tickets available until April 1st. Get Tickets Here
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