NVTC

Entrepreneur Spotlight Event

November 3, 2010

Presenting companies:

Ancile Biomedical

Currently, more than 2.8 million patients in the United States suffer from complex and chronic wounds. With the rates of diabetes and obesity increasing in the U.S., this number is expected to climb. Ancile Biomedical is focused on improving the management of complex wounds through market-directed technology development. Ancile's novel dressing technology enables accelerated healing of complex wounds, such as those suffered by diabetics and the elderly.



Giv.to

Giv.to is a social media engagement platform and social CRM that manages online branding and outreach campaigns for organizations of all kinds. The platform helps organizations develop a social media presence, identify and recruit evangelists for their brand, directly target user segments with offers and reward team members for their help. Giv.to transforms the disorganized, ad hoc approach to social media employed by even the world's largest brands into a managed process that even inexperienced users can use to develop sophisticated social media campaigns.



Global Climate Change Coalition

The Global Climate Change Coalition applies consumer and economic research to transportation demand to reduce Greenhouse Gas (GHG) emissions. Nielsen reported in 2009 that 80 percent of households surveyed said their primary motivation for conserving energy is to "cut energy costs and save money," while only 9 percent said they wanted to "save the Earth" and another 9 percent said they wanted to "fight global warming." Our efforts are focused on developing sustainable services that appeal to consumers' personal interests - reducing costs, saving money, saving time and greater convenience. Toward those ends, we are currently focused on two key efforts. First, we are working on a Transit Accessibility IndexTM (TAI) that measures the relative accessibility of individual venues by public transit versus private vehicle. Second, we are working on an initiative called "Green Your Meeting" that is designed to increase use of transit-accessible venues.



Renomics Corporation

Renomics' knowledge-discovery software lowers the total cost of ownership for critical facilities and infrastructure. Licensed as a service, Renomics' software optimizes financial, environmental and social concerns by effectively visualizing masses of conflicting, complex data, establishing powerful decision support with a best practices model. Stakeholders collaborate and develop solutions over the complete project lifecycle. Domain expertise is automated, thus lowering its cost and making it available at all times. Applications are in development for (i) lowering data centers' energy and water costs, (ii) sitting renewable energy facilities, (iii) evaluating sustainability and Zero Waste processes in large real estate developments and municipalities.



Ringio

Ringio is a CRM-friendly phone solution for small businesses that helps them improve the quality of their customer interactions. As the founders' second venture in the space, Ringio benefits from deep learning in the areas of customer demand, product definition, system architecture and operations. The solution is available today at www.ringio.com.



Panelist:

Don Rainey
General Partner
Grotech Ventures


Don Rainey is a Virginia-based venture capitalist, with particular experience and interest assisting with technology transfer from public and academic institutions to the commercial sector. Rainey's area of investing expertise is based in Internet- related technology startups, and in the booming area of social media. As an industry expert, Rainey frequently contributes guest columns and appears regularly on Fox Business Channel. Rainey has a well-regarded blog and is frequently interviewed by national and local media. Whether nurturing employees and young companies or advising government organizations and educational institutions, Rainey relishes every opportunity to help others achieve their goals. He is accessible and approachable and offers expert guidance based upon his personal experiences.

Rainey currently serves on the Executive Advisory Council for the JMU College of Business and on the Board of Directors of James Madison Innovations, Inc. (JMI), a non-profit corporation established in 2009 to transfer intellectual property produced at James Madison University (JMU) into the commercial sector. He previously sat on the board of Virginia Tech Intellectual Properties Inc., a similar organization.

Rainey currently teaches courses titled, "New Venture Finance" and "Venture Capital and Private Equity," at American University's Kogod School of Business and served as an adjunct professor for a George Mason University graduate course titled, "Private Equity and Venture Capital Investment."

Read more



April L. Young
Senior Vice President and Managing Director, U.S.
MMVFinancial, Inc.


April L. Young is senior vice president and managing director, U.S., for MMVFinancial, Inc., a Toronto-based venture debt fund. Based in Reston, Va., Young is responsible for developing and implementing MMV's expansion strategy in the United States.

Prior to joining MMV, Young was with Comerica Bank for 10 years as senior vice president and managing director of the Mid-Atlantic Technology and Life Sciences Division. Earlier in her career, Young was executive director of the Potomac KnowledgeWay Project and senior fellow for Regional Economic Development at George Mason University's Institute for Public Policy. Prior to that, Young was the director of the Virginia Department of Economic Development and also served as executive director of the Fairfax County Economic Development Authority and as senior vice president of NVRDevelopment, the land development subsidiary of NVR.

Young holds a bachelor's and master's degree from George Washington University and a Ph.D. from Saint Louis University. She serves as director of many professional organizations including the Mid-Atlantic Venture Association, the Florida Venture Forum and Greater Philadelphia's PACT.



John Becker
CEO
Approva Corporation


John Becker is a seasoned technology professional who brings an extensive track record of success and more than 25 years of industry expertise to Approva. Prior to Approva, Becker was the chief executive officer of Cybertrust. Under his leadership, Cybertrust grew to become the leading global provider of managed security services and was named by the Washington Business Journal as the fastest-growing company in the Washington, D.C. region in 2006. Cybertrust was acquired by Verizon Business in July, 2007. Prior to Cybertrust, Becker was chairman and chief executive officer of AXENT Technologies, Inc. (AXENT), a publicly traded information security software and services company. Becker was instrumental in leading AXENT from a startup in 1994 through an initial public offering in 1996, and its ultimate sale to Symantec Corporation in 2000 for approximately $1 billion. Under Becker's leadership, AXENT achieved a five-year growth rate of more than 1,000 percent reaching $150 million in revenue with 750 employees across 24 offices around the world. AXENT was consistently recognized for achieving operational and financial excellence as a Deloitte & Touche Technology Fast 50 and a Fast 500 award winner. Becker is currently a member of the board of Sourcefire (Nasdaq:FIRE).