(front to back) Chad Paul, Dr. Jamie Link, Peter Roberts, Joe Cresko, Bob Thomson (Ben Franklin), and John Barkanic and Ben Franklin TechVentures, Bethlehem.

Cresko worked with Connie Faylor and Bob Thomson of the Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) to schedule two days of tours in the region, including meetings with companies that have received technical and financial assistance through ETAC/BFTP projects. Dr. Link met with several BFTP/NEP clients that are receiving investments through its allocation from the Alternative Energy Development Program (AEDP). Pennsylvania’s AEDP was created in July 2008 to incent collaboration to save energy costs, reduce dependence on foreign fuels, expand clean energy production, and create energy-related jobs in the state.

Chad Paul, President and Chief Executive Officer of BFTP/NEP, conducted a tour of the award-winning Ben Franklin TechVentures, and highlighted several client companies located within the incubator/post-incubator facility. Ben Franklin received a $6 million construction grant toward the facility’s $18 million expansion, TechVentures2, from the U.S. Commerce Department last year. Ben Franklin TechVentures2 is slated for completion by the end of 2011.

On Tuesday, March 22nd, Dr. Link visited Lehigh University’s Center for Advanced Materials and Nanotechnology to hear about research happening in the materials areas  as well as a presentation on industrial energy efficiency projects performed by Lehigh’s Industrial Assessment Center (IAC), where students get real-world experience helping manufacturers identify energy savings opportunities. The IAC is funded by DOE, and this past year Lehigh’s IAC was able to double the number of companies that were helped through additional Recovery Act funding.
 
Dr. Link also met with principals of CEWA Technologies, located in TechVentures and working with Lehigh University, which designs and manufactures point concentrator solar dishes. The solar dishes provide thermal energy at prices that are less than existing concentrating solar technologies, and are anticipated to be competitive with fossil fuels without relying on government subsidies. Link visited Whitehall-based Dynalene, Inc., which is developing two new heat-transfer fluids, one for concentrated solar power plants that is stable at higher temperatures and the other for use in fuel cells.

(front to back) Peter Roberts, Dr. Jamie Link, John Barkanic (NCC ETAC), Joe Cresko, and Chady Zablit (United Corrstack-Evergreen Community Power) at United Corrstack-Evergreen Community Power, Reading

On Wednesday, March 23rd, Dr. Link met leaders of Reading-based Custom Processing Services, which is working with BFTP/NEP and ETAC to identify a Combined Heat and Power (CHP) system for a co-generation plant. The plant will provide for Custom Processing Services’ extensive electricity needs plus meet their thermal demand by utilizing non-polluting waste products that are typically sent to landfills.  Pete Roberts of ETAC has experience in these types of projects. Pete spent several years helping Reading-based United Corrstack Inc. (UCI) evaluate the potential of CHP to power its paper recycling mill. UCI is now receiving all of its steam and power from Evergreen Community Power – the newest company affiliate operating a state-of-the-art CHP facility fueled by biomass. Dr. Link toured both the paper mill and the co-generation plant. 

Dr. Link also met with Carpenter Technology, a world-leader in the development, manufacture, and distribution of cast/wrought and powder metal stainless steels and specialty alloys.
She concluded her regional visit at East Penn Manufacturing, the largest manufacturing employer in Berks County, which is developing process optimization that supports the company’s new advanced battery products. East Penn is the recipient of $32.5 million in DOE funding to expand production capacities of advanced lead-acid batteries and its UltraBattery, which combines the advantages of a carbon-enhanced, valve-regulated lead-acid battery with the advantages of an asymmetric supercapacitor. These products are used in hybrid electric vehicles, uninterruptible power supplies, and renewable energy.

The i xchange combined the presentation of Ben Franklin’s fifteenth annual Innovation Awards and executive networking sessions with a keynote address by Jeff DeGraff, who is known as the “guru to the innovation guru” at Fortune 500 companies. Awards were presented in eight categories, to companies, organizations, or individuals who have achieved business success through Ben Franklin, have helped others to achieve success, or who have improved their business through innovation.

Click each picture below for a larger view.

Entrepreneurial Achievement Award, Solid Cactus

Past Innovation Award Winners

Academic Partner Award, Dale Falcinelli

i xchange 2009: What exactly is "innovation"?

Incubator Graduate Award, Right Reason Technologies

Keynote Speaker Jeff DeGraff, the "innovation guru"

Product Innovation Award, Saladax Biomedical

The lobby of Zoellner Arts Center during i xchange 2009

Innovative Application of Technology Award, Diversified Information Technologies

Keynote speaker Jeff DeGraff

Manufacturing Achievement Award, United Corrstack

Event host R. Chadwick Paul, President & CEO, BFTP/NEP

Entrepreneurial Advocate Award, CEO & Stuff

Ben Franklin, American Innovator

Special Achievement Award, Ellen Horan

The i xchange combined the presentation of Ben Franklin’s fifteenth annual Innovation Awards and executive networking sessions with a keynote address by Jeff DeGraff.  DeGraff is known as the “guru to the innovation guru” at Fortune 500 companies, having created a broad array of widely used tools and methodologies for implementing innovation. DeGraff is a professor at the University of Michigan’s Ross School of Business. He is also the managing partner of Competing Values Company, a consulting firm that assists leaders in facilitating change, and the executive director of the Innovatrium Institute for Technology.

3M, Apple Computer, American Express, GE, Johnson & Johnson, LG, Pfizer, Toyota, and Yahoo are a few of DeGraff’s representative clients. Besides being a charismatic and in-demand speaker, DeGraff is a thought leader at top innovation incubators and think tanks such as the Aspen Institute. His advice is frequently sought by the investment community on how to choose, manage, and harvest winning ideas and successful business enterprises.

The event included the presentation of Ben Franklin’s Northeastern Pennsylvania Innovation Awards. Awards were presented in eight categories, to companies, organizations, or individuals who have achieved business success through Ben Franklin, have helped others to achieve success, or who have improved their business through innovation.

The 2009 Northeastern Pennsylvania Innovation Awards winners are:

Entrepreneurial Achievement

The individuals who best exemplify the quintessential entrepreneurial spirit: a combination of ingenuity, hard work, and innovation that has resulted in the creation of a successful and growing business venture.

Scott Sanfilippo and Joseph Palko, Co-Founders, Solid Cactus, Shavertown
Solid Cactus is the largest developer of e-commerce stores using the Yahoo! Store platform. It is a total solutions e-commerce company, providing a range of products including search engine optimization, affiliate program management, e-commerce store development, print and website design, call-center services and back-end order management. Company principals leveraged their Internet expertise to start Solid Cactus in 2001 after growing and selling one of the first e-commerce stores, which they launched in 1994. Ben Franklin helped Solid Cactus to refine its strategic business plan, and invested in new product development for its flagship software product, FeedPerfect. In 2007 and 2008,Solid Cactus was listed among the Inc. Magazine top 500/top 5,000 fastest-growing private companies in the U.S. and was named one of the “Best Places to Work in Pennsylvania” in 2006, 2007, and 2008. Solid Cactus’ staff grew 40% last year to 150 employees, and the company was just successfully sold to web.com.

Academic Partner

An individual affiliated with an institute of higher learning that has contributed his time and expertise to supporting the Ben Franklin program. This person’s contribution has clearly surpassed “normal” expectations for involvement with and support of the Ben Franklin Technology Partners.

Dale F. Falcinelli, Professor of Practice, Lehigh University, Bethlehem, PA
A long-standing and eminently qualified resource to Ben Franklin clients and consultant to hundreds of firms for over three decades, Dale Falcinelli is a key source of strategic-level guidance and direction to early-stage companies. His skills are a rare combination of marketing expertise and financial acumen in approaching solutions from an enterprise-wide perspective. Falcinelli has served on more than twenty corporate boards, often assuming leadership roles including chairman.

He pioneered an innovative model in entrepreneurship education through VENTURESeries, a highly popular track in Lehigh’s MBA program that builds on every aspect of new venture creation. For this loyal Lehigh alumnus, VENTURESeries represents his legacy. Falcinelli holds the position of Professor of Practice, a title which recognizes his vast experience and mastery of entrepreneurship. He was twice named the Swartley Visiting Professor of Entrepreneurship, and won the Lehigh MBA Teaching Excellence Award three times. Dale Falcinelli brings an unsurpassed passion and enthusiasm to his work that is energizing, motivating, and infectious to his clients and students.

Incubator Graduate

The company that has best demonstrated successful Ben Franklin business incubation. The business has been operated skillfully and confidently, meeting all challenges from the development of the product concept, execution of the business and technical plan, successful start-up and operation, to graduation from the incubator.

Right Reason Technologies, East Stroudsburg, Thomas C. Schmitt, Co-Founder
Right Reasons Technologies is an eLearning provider that offers comprehensive software solutions, web-based training courses, and a variety of content and software services. The company’s product line includes two proprietary learning management systems. CyberExtension^TM is targeted to secondary education, and blends the advantages of distance education and conventional classrooms to educate non-traditional learners while containing costs.

RightTrack^TM provides organizations with the ability to deliver and track web-based training among employees. Right Reason Technologies is a 2008 graduate of the East Stroudsburg University (ESU) Accelerator and will be an anchor tenant in ESU’s expanded incubator, both of which are in the Pocono Mountains Keystone Innovation Zone. The company was awarded a Wall Street West grant for its “Bridging the Gap” initiative, developed in partnership with ESU. The company has grown to 15 employees, and revenue increased more than 25% in 2008.

Product Innovation

The company that best demonstrates the commercialization of a unique, innovative product that creatively and effectively meets a market need.

Saladax Biomedical Inc., Bethlehem, Salvatore J. Salamone, Ph.D., CEO and CSO, and Adrienne Choma, Esq., President and COO
Saladax Biomedical is pioneering the development of simple blood tests to enable oncologists to adjust and personalize chemotherapy drug dosing by measuring its concentration in the blood of cancer patients. Individual absorption rates of chemotherapy drugs vary widely, and the optimum level of medication is critical to effectively treat the cancer while minimizing debilitating and potentially life-threatening side effects.

Saladax began in the Ben Franklin Business Incubator, is currently located in Ben Franklin TechVentures, and has received three Ben Franklin investments in addition to comprehensive start-up support services in the incubator. Since joining the Ben Franklin portfolio in 2004, Saladax has received 7 patents with an additional 7 patents pending, raised $12.2 million in follow-on funding including investments from the Life Sciences Greenhouse, Delaware Crossing, and other angels and venture capitalists, and increased employment from the two original founders to 16 people.

Innovative Application of Technology

The company that best demonstrates a “break the mold” approach to integrating new or existing technology into a manufacturing environment.

Diversified Information Technologies, Scranton, Scott Byers, Esq., President & CEO
Diversified Information Technologies provides automated information management solutions to clients in the insurance, financial services, healthcare, and government sectors to perfect their business processes and secure compliance. Diversified began as a records storage company 26 years ago as a lower-cost alternative to companies in New York City. In 1987, Diversified recognized an opportunity to prepare to meet changing market needs, and worked with Ben Franklin and Wilkes University to re-engineer its service offerings.

Diversified developed a communication center for electronic vaulting, a technologically sophisticated application that utilizes satellite transfer communications and Internet capabilities. Today, Diversified’s core competencies in data capture, processing, and preservation result in reduced cost, shorter cycle time, and risk mitigation for clients’ critical information management needs. Diversified now employs 375 Pennsylvanians, and credits 264 of those jobs to its work with Ben Franklin.

Manufacturing Achievement

The company that best exemplifies achievement in the manufacturing arena, showing a proven track record of success and an unbending commitment to achieving and maintaining excellence in manufacturing.

United Corrstack, LLC, Reading, David F. Stauffer, General Manager
At a time when recycling, renewable fuel, and energy independence are at the forefront of national consciousness, United Corrstack (UCI) is a model of green efforts. The company produces recycled corrugated fluting paper which is a component of cardboard boxes, and is in the process of developing its own power plant that burns biomass organic waste. UCI worked with Ben Franklin and Northampton Community College’s Electrotechnology Applications Center (ETAC), first to evaluate options to allow higher throughput at the facility, and later to assess boiler fuel alternatives for UCI.

Because of rising energy costs, UCI is creating its own cogeneration plant, generated by materials such as wood and agricultural waste, to provide steam and electricity. UCI currently employs 80, and through the energy plant has created 25 new positions. UCI’s work with Ben Franklin and ETAC helped the company to significantly improve its competitive position, and will increase employment and reduce landfill waste in the region.

Entrepreneurial Advocate

Individuals from the community who have contributed their leadership, time, and expertise to helping entrepreneurs and the Ben Franklin Technology Partners accomplish their goals. These people demonstrate a sincere and selfless desire to see the region thrive, and back up their commitment with appropriate action.

Yvette and William Palmer, Principals, CFO & Stuff, LLC, Emmaus
Yvette Palmer has worked with Ben Franklin clients for more than a decade, providing pro bono reviews and critiques to a number of business plans, and feedback to companies on the financial and operational aspects of starting and operating a business. Bill Palmer, Yvette’s husband and business partner, complements her expertise with deep operational and management experience as former president of two manufacturing enterprises. These diversified skill sets allow CFO & Stuff to understand clients from a multi-faceted perspective, providing companies with comprehensive and coordinated input.

CFO & Stuff has worked with Ben Franklin clients including Acurlite, American Holtzkraft, Blazing Technologies, Effort Foundry, Fragrance Manufacturing, the Halide Group, and Spectrum Diving, among others. The Palmers help early-stage clients with pro forma budgets, including pricing and costing assistance, provide cash management and operational budgeting assistance to manufacturers, and share expertise on financial management and analysis, and financing options with all clients.

Special Achievement

An individual whose strong vision, dedication and commitment to the program have helped to bring about a better business environment for Ben Franklin clients.

Ellen T. Horan, President and CEO, Greater Reading Chamber of Commerce and Industry
Ellen Horan has been a valued partner with Ben Franklin since 1995, to the tremendous benefit of the business community in Greater Reading. Years ago, Horan worked with Ben Franklin and the Berks Business-Education Coalition to develop a dislocated worker training program to address the local need for manufacturing workers. On an ongoing basis, she links Ben Franklin with prospective clients, and is a source of referrals for the Ben Franklin-led Medical Devices Consortium.

In 2005, Horan was named President of the combined Berks Chamber of Commerce and Manufacturers’ Association of Berks County because of her comprehensive understanding of and ability to advance both the manufacturing and business communities in the region. Horan was selected as a Fellow in the Ford Foundation Regional Sustainable Development Program in 2008, and was named the Girl Scouts of America Women of Distinction recipient in March 2009. In January of 2009 the Greater Reading Chamber that she leads was awarded the highest rating possible, five-star accreditation, by the U.S. Chamber of Commerce.

United Corrstack has been building a planned energy solution called Evergreen Community Power, an energy-efficient boiler and steam generator that is fueled from biomass materials like wood waste to provide steam and electricity to the manufacturing facility.

United Corrstack has been building a planned energy solution called Evergreen Community Power, an energy-efficient boiler and steam generator that is fueled from biomass materials like wood waste to provide steam and electricity to the manufacturing facility.

The award is presented annually to the company that best exemplifies achievement in the manufacturing arena. United Corrstack (UCI) won for its planned energy solution called Evergreen Community Power, an energy-efficient boiler and steam generator that is fueled from biomass materials like wood waste to provide steam and electricity to the manufacturing facility.

“When we started getting approvals for the boiler, we were nervous because we were planning to put this huge power plant in the middle of the city,” says David Stauffer, vice president and general manager at UCI. “But our plans were very well-received. This award is a nice recognition of our efforts. Ben Franklin Technology Partners is one of those groups that everyone has a positive image of, so when you get recognition from someone like that, it means a lot more.”

Evergreen Community Power, a $135 million project, is the result of collaboration between UCI, BFTP and the Electrotechnology Applications Center (ETAC) at Northampton Community College. UCI worked with BFTP and ETAC to evaluate options to allow higher output at their facility and then to assess boiler fuel alternatives.

“One of the biggest questions we had in developing Evergreen Community Power was what the fuel would be,” says Stauffer. “The research we conducted with BFTP and ETAC assured us that there was plenty of biomass fuel for us to combust.”

Improving the Air—and the Economy—in Reading

UCI’s Evergreen Community Power plant will benefit the Reading area and beyond for a number of reasons. First, the technology used for combustion of the biomass material is a unique process called a “circulating fluidized bed.” The energy produced through this process is highly efficient from both a thermal and emissions standpoint, Stauffer explains. “We are about twice as efficient as a typical coal-burning power generation unit would be,” he says.

Thanks to reduced emissions, the new plant will improve air quality. “For every megawatt of electricity we make, that electricity will be displacing a fossil fuel unit somewhere,” Stauffer says. “When we fire up our 25 megawatts, 25 megawatts of coal fire goes down, which helps clean up the air.”

The plant will benefit the city of Reading economically as well. In addition to the 80 jobs United Corrstack is preserving on-site, they are adding 25 jobs on the plant site, and 50 additional jobs for the people who provide and ship the fuel. “Plus, most of our spending will take place in Berks County, which will help stimulate local economic development,” Stauffer adds.

The Right Technical Resources

United Corrstack first partnered with BFTP in 2004; since then, UCI has worked together twice with BFTP and ETAC. The first project, in which BFTP invested $5,000, involved evaluating options for a more efficient way to dry paper. The second project successfully resulted in the study of boiler fuel alternatives for Evergreen Community Power. “Ben Franklin paid for half of the study ($7,500), and we paid for the other half,” Stauffer says.

Stauffer credits BFTP regional manager Connie Faylor as a critical partner in getting Evergreen Community Power off the ground by introducing United Corrstack to Northampton Community College’s ETAC.

“When Connie first approached us, she tried to find every possible connection, and thank goodness she was persistent,” Stauffer says. “We are a mature company, so sometimes it’s difficult to find the right technical resources. As you can see, we obviously benefited tremendously.”

Ben Franklin Award

Winners to be Honored at May 12th i xchange Event

The Ben Franklin Technology Partners of Northeastern Pennsylvania has announced the winners of the Northeastern Pennsylvania Innovation Awards. Winners will be honored at the Ben Franklin i xchange event, scheduled for 5:30 PM on Tuesday, May 12th at the Zoellner Arts Center at Lehigh University.

Awards will be presented in eight categories, to companies or individuals who have achieved business success through Ben Franklin funding and assistance, have helped others to achieve success, or have improved their business through innovation. Each award recipient represents a person or company that exemplifies achievement in that particular category.

The purposes of the innovation awards are to congratulate winners on their success and achievement, to highlight the effectiveness of the Ben Franklin program, and to inform entrepreneurs and established manufacturers about the resources that are available to them in northeast Pennsylvania.

The 2009 Northeastern Pennsylvania Innovation Awards winners are:

Entrepreneurial Achievement

The individuals who best exemplify the quintessential entrepreneurial spirit: a combination of ingenuity, hard work, and innovation that has resulted in the creation of a successful and growing business venture.

Scott Sanfilippo and Joseph Palko, Co-Founders, Solid Cactus, Inc., Shavertown

Solid Cactus is the largest developer of e-commerce stores using the Yahoo! Store platform. It is a total solutions e-commerce company, providing a range of products including search engine optimization, affiliate program management, e-commerce store development, print and website design, call-center services and back-end order management. Company principals leveraged their Internet expertise by founding Solid Cactus in 2001 after growing and selling one of the first e-commerce stores, which they launched in 1994. Ben Franklin helped Solid Cactus to refine its strategic business plan, and invested in new product development for its flagship software product, FeedPerfect. In 2007 and 2008,Solid Cactus was listed among the Inc. Magazine top 500/top 5,000 fastest-growing private companies in the U.S. and was named one of the “Best Places to Work in Pennsylvania” in 2006, 2007, and 2008. Solid Cactus’ staff grew 40% last year to 140 employees.

Academic Partner

An individual affiliated with an institute of higher learning that has contributed his time and expertise to supporting the Ben Franklin program. This person’s contribution has clearly surpassed “normal” expectations for involvement with and support of the Ben Franklin Technology Partners.

Dale F. Falcinelli, Professor of Practice, Lehigh University, Bethlehem, PA

A long-standing and eminently qualified resource to Ben Franklin clients and consultant to hundreds of firms for over three decades, Dale Falcinelli is a key source of strategic-level guidance and direction to early-stage companies. His skills are a rare combination of marketing expertise and financial acumen in approaching solutions from an enterprise-wide perspective. Falcinelli has served on more than twenty corporate boards, often assuming leadership roles including chairman.

He pioneered an innovative model in entrepreneurship education through VENTURESeries, a highly popular track in Lehigh’s MBA program that builds on every aspect of new venture creation. For this loyal Lehigh alumnus, VENTURESeries represents his legacy. Falcinelli holds the position of Professor of Practice, a title which recognizes his vast experience and mastery of entrepreneurship. He was twice named the Swartley Visiting Professor of Entrepreneurship, and won the Lehigh MBA Teaching Excellence Award three times. Dale Falcinelli brings an unsurpassed passion and enthusiasm to his work that is energizing, motivating, and infectious to his clients and students.

Incubator Graduate

The company that has best demonstrated successful Ben Franklin business incubation. The business has been operated skillfully and confidently, meeting all challenges from the development of the product concept, execution of the business and technical plan, successful start-up and operation, to graduation from the incubator.

Right Reason Technologies, East Stroudsburg, Thomas C. Schmitt, Co-Founder

Right Reasons Technologies is an eLearning provider that offers comprehensive software solutions, web-based training courses, and a variety of content and software services. The company’s product line includes two proprietary learning management systems. CyberExtension^TM is targeted to secondary education, and blends the advantages of distance education and conventional classrooms to educate non-traditional learners while containing costs. RightTrack^TM provides organizations with the ability to deliver and track web-based training among employees.

Right Reason Technologies is a 2008 graduate of the East Stroudsburg University (ESU) Accelerator and will be an anchor tenant in ESU’s expanded incubator, both of which are in the Pocono Mountains Keystone Innovation Zone. The company was awarded a Wall Street West grant for its “Bridging the Gap” initiative, developed in partnership with ESU. The company has grown to 15 employees, and revenue increased more than 25% in 2008.

Product Innovation

The company that best demonstrates the commercialization of a unique, innovative product that creatively and effectively meets a market need.

Saladax Biomedical Inc., Bethlehem, Salvatore J. Salamone, Ph.D., CEO and CSO, and Adrienne Choma, Esq., President and COO.

Saladax Biomedical is pioneering the development of simple blood tests to enable oncologists to adjust and personalize chemotherapy drug dosing by measuring its concentration in the blood of cancer patients. Individual absorption rates of chemotherapy drugs vary widely, and the optimum level of medication is critical to effectively treat the cancer while minimizing debilitating and potentially life-threatening side effects.

Saladax began in the Ben Franklin Business Incubator, is currently located in Ben Franklin TechVentures, and has received three Ben Franklin investments in addition to comprehensive start-up support services in the incubator. Since joining the Ben Franklin portfolio in 2004, Saladax has received 7 patents with an additional 7 patents pending, raised $12.2 million in follow-on funding including investments from the Life Sciences Greenhouse, Delaware Crossing, and other angels and venture capitalists, and increased employment from the two original founders to 16 people.

Innovative Application of Technology

The company that best demonstrates a “break the mold” approach to integrating new or existing technology into a manufacturing environment.

Diversified Information Technologies, Scranton, Scott Byers, Esq., President & CEO

Diversified Information Technologies provides automated information management solutions to clients in the insurance, financial services, healthcare, and government sectors to perfect their business processes and secure compliance. Diversified began as a records storage company 26 years ago as a lower-cost alternative to companies in New York City. In 1987, Diversified recognized an opportunity to prepare to meet changing market needs, and worked with Ben Franklin and Wilkes University to re-engineer its service offerings.

Diversified developed a communication center for electronic vaulting, a technologically sophisticated application that utilizes satellite transfer communications and Internet capabilities. Today, Diversified’s core competencies in data capture, processing, and preservation results in reduced cost, shorter cycle time, and risk mitigation for clients’ critical information management needs. Diversified now employs 375 Pennsylvanians, and credits 264 of those jobs to its work with Ben Franklin.

Manufacturing Achievement

The company that best exemplifies achievement in the manufacturing arena, showing a proven track record of success and an unbending commitment to achieving and maintaining excellence in manufacturing.

United Corrstack, LLC, Reading, David F. Stauffer, General Manager

At a time when recycling, renewable fuel, and energy independence are at the forefront of national consciousness, United Corrstack (UCI) is a model of green efforts. The company produces recycled corrugated fluting paper which is a component of cardboard boxes, and is in the process of developing its own power plant that burns biomass organic waste. UCI worked with Ben Franklin and Northampton Community College’s Electrotechnology Applications Center (ETAC), first to evaluate options to allow higher throughput at the facility, and later to assess boiler fuel alternatives for UCI.

Because of rising energy costs, UCI is creating its own cogeneration plant, generated by materials such as wood and agricultural waste, to provide steam and electricity. UCI currently employs 80, and through the energy plant has created 25 new positions. UCI’s work with Ben Franklin and ETAC helped the company to significantly improve its competitive position, and will increase employment and reduce landfill waste in the region.

Entrepreneurial Advocate

Individuals from the community who have contributed their leadership, time, and expertise to helping entrepreneurs and the Ben Franklin Technology Partners accomplish their goals. These people demonstrate a sincere and selfless desire to see the region thrive, and back up their commitment with appropriate action.

Yvette and William Palmer, Principals, CFO & Stuff, LLC, Emmaus

Yvette Palmer has worked with Ben Franklin clients for more than a decade, providing pro bono reviews and critiques to a number of business plans, and feedback to companies on the financial and operational aspects of starting and operating a business. Bill Palmer, Yvette’s husband and business partner, complements her expertise with deep operational and management experience as former president of two manufacturing enterprises. These diversified skill sets allow CFO & Stuff to understand clients from a multi-faceted perspective, providing companies with comprehensive and coordinated input.

CFO & Stuff has worked with Ben Franklin clients including Acurlite, American Holtzkraft, Blazing Technologies, Effort Foundry, Fragrance Manufacturing, the Halide Group, and Spectrum Diving, among others. The Palmers help early-stage clients with pro forma budgets, including pricing and costing assistance, provide cash management and operational budgeting assistance to manufacturers, and share expertise on financial management and analysis, and financing options with all clients.

Special Achievement

An individual whose strong vision, dedication and commitment to the program have helped to bring about a better business environment for Ben Franklin clients.

Ellen T. Horan, President and CEO, Greater Reading Chamber of Commerce and Industry

Ellen Horan has been a valued partner with Ben Franklin since 1995, to the tremendous benefit of the business community in Greater Reading. Years ago, Horan worked with Ben Franklin and the Berks Business-Education Coalition to develop a dislocated worker training program to address the local need for manufacturing workers. On an ongoing basis, she links Ben Franklin with prospective clients, and is a source of referrals for the Ben Franklin-led Medical Devices Consortium. In 2005, Horan was named President of the combined Berks Chamber of Commerce and Manufacturers’ Association of Berks County because of her comprehensive understanding of and ability to advance both the manufacturing and business communities in the region.

Horan was selected as a Fellow in the Ford Foundation Regional Sustainable Development Program in 2008, and was named the Girl Scouts of America Women of Distinction recipient in March 2009. In January of 2009 the Greater Reading Chamber that she leads was awarded the highest rating possible, five-star accreditation, by the U.S. Chamber of Commerce.

The i xchange is the premier business technology networking event in northeastern Pennsylvania. Last year, more than 600 technology entrepreneurs, business people, economic developers, venture capitalists, political leaders, educators, students, bankers, lawyers, and accountants from Ben Franklin’s 21-county service area attended, and even more are expected this year.

The i xchange will combine the presentation of Ben Franklin’s fifteenth annual Innovation Awards with a keynote address by Jeff DeGraff. Known as the “guru to the innovation guru” at Fortune 500 companies, Jeff DeGraff has created a broad array of widely used tools and methodologies for implementing innovation. DeGraff is a professor at the University of Michigan’s Ross School of Business. He is also the managing partner of Competing Values Company, a consulting firm that assists leaders in facilitating change, and the executive director of the Innovatrium Institute for Technology.

3M, Apple Computer, American Express, GE, Johnson & Johnson, LG, Pfizer, Toyota, and Yahoo are a few of DeGraff’s representative clients. Besides being a charismatic and in-demand speaker, DeGraff is a thought leader at top innovation incubators and think tanks such as the Aspen Institute. His advice is frequently sought by the investment community on how to choose, manage, and harvest winning ideas and successful business enterprises.

The entrance fee for the i xchange is $50 in advance or $55 the day of the event. Click here to register now.

About the Ben Franklin Technology Partners of Northeastern Pennsylvania:

The Ben Franklin Technology Partners of Northeastern Pennsylvania links companies with experts, universities, funding, and other resources to help them prosper through innovation. The Center strategy encompasses three key areas: developing early-stage, technology-based companies; helping established manufacturers creatively apply new technologies and business practices; and promoting an innovative community-wide infrastructure that fosters a favorable business environment for high-growth companies. The northeastern center, headquartered on the campus of Lehigh University with regional offices in Lewisburg, Reading, and Wilkes-Barre, is part of a four-center, state-funded economic development initiative.

We work collaboratively with other economic developers, educational institutions and community leaders to accelerate the expansion of northeastern Pennsylvania’s high-tech economy.

We target promising companies in technology-driven fields such as information technology, biotechnology, nanotechnology, electronics, communications, advanced manufacturing, advanced materials and alternative energy and green technology, among others. At every step along the way, we work collaboratively with other economic developers, educational institutions and community leaders to accelerate the expansion of northeastern Pennsylvania’s high-tech economy.

BFTP/NEP clients:

• Employ thousands of people in the Commonwealth
• Hold market leadership positions
• Realize multimillion-dollar market capitalizations
• Provide millions of dollars in tax revenues to the Commonwealth

Since 1983 we have worked with hundreds of early-stage companies and established manufacturers in Northeastern PA, including:

Early-Stage Firms

• CICLON Semiconductor Device Corporation, now Texas Instruments Lehigh Valley
• Custom Processing Services
• Discovery Machine
• Infinera
• IQE
• Saladax Biomedical

Established Manufacturers

• American Polarizers
• B. Braun
• Clark Technology Systems
• Innovative Control Systems
• Noble Biomaterials
• Tobyhanna Army Depot
• United Corrstack