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Meeting Location:
Emerging Enterprise Center at
Foley Hoag the Bay Colony Corporate Center
1000 Winter Street, Suite 4000 (North Entrance)
Waltham, MA 

Meeting Time: 6:30 - 9:30 pm

Meeting Cost:
$25 public, $10 students
and active military, $15 Boston ENET members

Map and Directions


 









Tuesday, March 17, 2009

Register Online 

CLEANTECH - Power Wars - who wins in the end and where does venture investment and academia fit?

This meeting is co-sponsored with the IEEE Boston Entrepreneurs' Network (ENET)

Enormous amounts of financial, entrepreneurial and technological resources have been invested in clean technology enterprises in the past century, with mixed success. With $100/barrel oil, a greener future seemed at hand. At $40/barrel oil, how has the future changed for our panelists? To what extent is Cleantech a solution to a pressing problem, or a solution being applied to what no longer is a problem?

On March 17th, the EntreTech Forum presents a triple play of experts from coal, marine and wind cleantech companies across different categories of fundraising to date. Our panel involves three interwoven tracks of energy:

  • Hydromethanation, by which coal, petroleum coke and biomass are converted directly into low-cost, clean, pipeline quality natural gas, while allowing for the capture and sequestration of carbon dioxide (CO2).

  • "WaveWater," is investigating the feasibility of using wave energy to manufacture fresh water using seawater reverse-osmosis (SWRO) desalination units.

  • Advanced energy storage systems to transform wind and other intermittent energy sources into dispatchable, firm power sources suitable for peaking, intermittent and baseload generation.

As ever, the EntreTech forum asks these questions in the context of advanced research emerging from our leading universities and the entrepreneurs and visionaries who are developing the commercial potential of this research.


Moderator:
Larry Grumer, Technology Associates & Alliances

Panel:
Andrew Friendly, Principal, ATV
Avi Goldberg, VP & COO, GreatPoint Energy
Bill Staby, Co-Founder, Resolute Marine Energy
Julianne Zimmerman, VP of Communications, General Compression

Meeting Organizers:
Gary Patterson, FiscalDoctor
Andrew Fairbairn, Managing Principal, Fairbairn Ventures

Moderator:

Lawrence C. Grumer, Managing Director, Technology Associates & Alliances (TAA)

TAA is a management advisory and investment company Larry founded in 1994 that commercializes technology for corporate spin-outs and earlier-stage ventures. Larry has founded five companies. His last venture was Elecsci Corp. a high tech start-up company with 24 patents issued/pending developing MEMS-based power generator devices that “couples” motion from the environment and converts this to useful electrical energy. He recently served part-time Corporate Strategy & Business Development Officer for a business restart focusing on desktop virtualization. He has held P&L, technical, marketing and business management positions at Textron, Arthur D. Little, Marketing Dynamics, John Brown-Leesona, and Foster-Miller where he helped lead their business turn-around and introduced the SBIR program to them. He is a Phase 2 proposal Grant Reviewer for the National Science Foundation.  For nearly a decade, he led the IEEE Boston Entrepreneurs' Network, as its Chairman and Vice Chairman and is the Founder and Executive Director of the EntreTech Forum. Larry received a BS in Engineering and MBA from Northeastern University. He has held a Top Secret clearance.

Panel:


Andrew Friendly, Principal, ATV, www.atvcapital.com

Andrew joined ATV in 2007 and focuses on investments in clean technology companies in the firm's Waltham, MA office. He represents the firm on the boards of AltaRock Energy and Solar Junction, and is an observer on the boards of Rive Technology and Wakonda Technologies. Andrew co-leads the Renewable Energy Business Network (www.rebn.org), and also co-leads the New England Clean Energy Council's Clean Energy Fellowship Program (www.necec.org).

Previously, Andrew was a director at Idealab in Pasadena, CA, where he evaluated energy and clean technologies for possible investment and company creation. He focused on various areas including solar PV and thermal, fuel cells, hydrogen generation, flywheels, small-scale wind, advanced batteries, and new transportation concepts. He played an active role with Idealab companies, serving on Boards, assisting with strategy, developing partner and customer relationships, and securing venture capital. Prior to Idealab, Andrew was a Partner at Clean Edge, a strategic consulting practice for the cleantech sector and senior manager of Business Development & Strategy at Zambeel, Inc. Andrew also spent five years at The White House in a variety of positions including Personal Aide to President Clinton and Senior Advisor to the Special Envoy for the Americas where he worked with Congress to design trade legislation and assisted U.S. companies in gaining access to Latin American markets.

For 30 years, ATV has been helping to establish market leaders at the forefront of key technology trends. We focus on three core technology markets - IT, Healthcare and Cleantech. With more than $1.6 billion to fund new ideas and help create market leaders, we've established a legacy of partnering with entrepreneurial teams at the forefront of technology innovation.


Avi Goldberg, VP & COO, GreatPoint Energy, www.greatpointenergy.com

Avi Goldberg, Co-founder and Chief Operating Officer at GreatPoint Energy, is responsible for managing all business development, legal, financial, and operational planning functions for the Company.

In 2001, Mr. Goldberg co-founded Coatue Corporation, a microelectronics company developing novel polymer materials for use in the semiconductor industry. As the Chief Operating Officer and member of the Board of Directors, he was instrumental in assembling the executive team, securing venture and debt financing, and negotiating the purchase of the company in June 2003 by Advanced Micro Devices (NYSE: AMD).

From 1998 through 2000, Mr. Goldberg served as Director of Worldwide Sales and Profit Optimization for Cignal Global Communications, a pioneer in voice over data network communications, where he managed global sales and cost containment for Cignal’s core business units, generating over $50 million a year in revenue.

In addition to GreatPoint Energy, Mr. Goldberg is a Partner at GreatPoint Ventures, a specialized investment firm focused on early stage commercialization of new, cutting-edge technologies. Mr. Goldberg also sits on the Board of Zafgen, a biopharmaceutical company focused on developing obesity therapy.

GreatPoint Energy is a technology-driven natural resources company and the developer of a proprietary, highly-efficient catalytic process, known as hydromethanation, by which coal, petroleum coke and biomass are converted directly into low-cost, clean, pipeline quality natural gas, while allowing for the capture and sequestration of carbon dioxide (CO2).

The Company’s cost of production is expected to be significantly lower than current prices of new drilled natural gas and imported liquefied natural gas (LNG), and the natural gas it produces, called bluegas™ meets all high-grade natural gas quality specifications. It can be transported through the thousands of miles of pipelines already in place around the world and can be used interchangeably with drilled natural gas for all applications, including power generation, residential and commercial heating, and the production of chemicals.

The Company has raised $140 million to date and is backed by leading strategic investors including The Dow Chemical Company, Suncor Energy, AES Corporation, and Peabody Energy, as well as major financial institutions and venture capital firms, including Kleiner Perkins Caufield & Byers, Khosla Ventures, Draper Fisher Jurvetson, Advanced Technology Ventures, and Citi’s Sustainable Development Investments.


Bill Staby, Co-Founder, Resolute Marine Energy, www.resolute-marine-energy.com

Resolute Marine Energy is developing wave energy converters that transform the kinetic energy generated by ocean waves into electricity. The company says it is focusing on supplying stand-alone power solutions for offshore industries including aquaculture, oil services and ocean observation systems. Resolute Marine Energy is based in Watertown, MA and has research facilities at the UMASS Dartmouth ATMC in Fall River, MA.

Bill is an entrepreneur with leadership experience gained at global enterprises including Xerox and First Boston and, since 1999, he has been Co-Founder and CFO of four start-up technology companies one of which had a successful public exit. At First Boston, Bill was a member of the Utility Group where he focused on strategic and corporate finance advisory assignments for the electric utility industry. Bill is currently a member of the Ocean Renewable Energy Coalition in Washington, D.C. and he is a U.S. delegate to the IEC TC-114 international technical standards committee. Bill received his MBA from New York University in 1988.

Julianne Zimmerman, VP of Communications, General Compression, www.generalcompression.com

General Compression is an early stage company in the large scale energy storage space. As a member of the executive team, Julianne Zimmerman is active in both strategic and technical activities. Julianne has been engaged in the clean technology space since 2002, and in technology development since 1989. She was previously a member of the three-person startup team and Director of Business Development of GreenFuel Technologies Corporation, where she devised and executed the company’s communications program and managed the design and on-schedule deployment of the company’s first customer field trial. At the time of her departure, GreenFuel had raised $22M and received favorable coverage in press outlets around the world. She also previously served as VP of Engineering at Ovation Products, a water purification company. Prior to entering cleantech, Julianne was a senior staff member at Payload Systems Inc., a boutique engineering services firm where she and her award-winning team established several precedents in shepherding complex experimental payloads to successful launch, operation, and recovery through the US and Soviet, later Russian manned spaceflight programs. Julianne earned Bachelor’s degrees from MIT in Aeronautical / Astronautical Engineering and Literature / Humanities, and an MS from the University of Maryland in Aerospace Engineering. She has served as an emergency medical technician in Maryland and in Massachusetts, and has served on the Boston Museum of Science Council Steering Committee and the Board of Boston / Cambridge Ministry in Higher Education. She currently serves on the Visiting Committee for the MIT Department of Mechanical Engineering.

Meeting Organizers:

Gary W. Patterson, FiscalDoctor, Inc.,
www.fiscaldoctor.com

Gary has more than 30 years of top management experience with high growth technology, wireless, service and manufacturing companies from start-ups to Inc. 500 to Fortune 500. He has worked with more than 200 companies providing high level strategic guidance and expertise helping them to successfully navigate their pathway to growth and profitability. Several companies reached 10x compounded annual growth in revenue.

Gary has successfully negotiated more than 25 M&A transactions with a market value exceeding $390 million. He was the European coordinator for a global enterprise-wide leading-edge pilot software application for a Fortune 500 company.

Gary is the author of the forthcoming book, Stick Out Your Balance Sheet & Cough: Best Practices for Long Term Business Health.

Gary holds an MBA in Finance and Operations from the Stanford Graduate School of Business, a BA in Accounting from the University of Mississippi, and is a CPA.

Andrew Fairbairn, Managing Principal, Fairbairn Ventures,
www.fairbairnventures.com

As Managing Principal of Fairbairn Ventures, Andrew partners with driven entrepreneurs to rapidly prove out value propositions and to build solid businesses. Prior to establishing Fairbairn Ventures, Andrew was a founding partner of JVKellyGroup, Inc. (JVKG), a New York-based management consulting, performance management and software development firm. He has also served as Vice President of Deutsche Bank, focused on corporate venturing in financial technology companies and strategic planning roles in New York and London. Andrew began his career with UBS Securities in New York, where he worked on global telecommunications industry financings, across a range of geographies and investment banking product disciplines. Andrew earned his B.A. in Economics (1996) and M.A. in International Development Policy (1997) from Stanford University.



 

 






 

   















Lawrence C. Grumer | Tel: 617-325-9852 | lgrumer@taacorp.com