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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, MAMeeting Time: 6:30 - 9:30 pm
Meeting Cost:
$25 public, $10 students
and active military; Promotional Registrations
Tuesday, March 16, 2010
6:30 - 9:30 PM
Location: Emerging Center at Foley Hoag the Bay Colony Corporate Center, Waltham, MACleanTech: Green-based Energy and Sustainability with Big Bucks $$$ Already Raised
What a roller coaster ride the last few years have been. We were looking at five dollars a gallon for gasoline and clean energy economic looked incredible. With $100 for a barrel oil the numbers really worked. With $40 for a barrel oil, things were bleak. And here we are back to $79 a barrel. Surely numbers are looking better. Or is it the fact that ‘not in my back yard’ still rules in terms of sites, the grid, access, and credit is scarce.
The panel can comment on both great upsides and rough milestones still to meet. On the positive side, they will discuss the great opportunities they see, talk about the significant financing they have already raised, and great technology accomplishments. On the challenges, they will tell us what remains on the horizon.
On March 16th, the EntreTech Forum presents a triple play of experts. Our panel involves three interwoven tracks of energy:
Reducing energy consumption and emissions
Wind energy
Solar
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:
Gary Patterson, FiscalDoctor, Inc.
Panel:
Jeff Andrews, Senior Vice President, Strategy and Business Development, Advanced Electron Beams
Jonathan Ricker, CEO, Mass Megawatts
Les Fritzemeier, President & CEO Wakonda Technologies
Matthew L. Lazarewicz, VP and Chief Technical Officer, Beacon Power
Meeting Organizer:
Larry Grumer, Technology Associates & Alliances
MODERATOR:
Gary W. Patterson, FiscalDoctor, Inc.
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 newly released 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 Big 4 CPA.
PANEL:
Jeff Andrews, Senior Vice President, Strategy and Business Development, Advanced Electron Beams
Jeff Andrews joined Advanced Electron Beams in January 2010 as Senior Vice President of Strategy and Business Development. Jeff is responsible for establishing strategic partnerships, developing business for emerging electron beam applications, and strategic planning.
Prior to AEB, Jeff was a partner at Atlas Venture, where he invested in hardware and software companies serving markets including clean energy, mobile electronics and media. Prior to Atlas, he held a range of strategy and operating roles at Intel Corporation, Lockheed Martin, and Becton Dickinson Corporation. Jeff holds six patents, four in fiber optics and two in medical systems, and was twice named Inventor of the Year at Lockheed Martin Aero and Naval Systems. He has also authored numerous publications in technical journals.
Jeff is Chairman of the Advisory Board for NIST's Technology Innovation Program. He also serves on the advisory board of the MIT Deshpande Center and has served as an advisor to Secretary of State Condoleeza Rice in the area of clean energy policy. Jeff co-chairs the innovation task force for the New England Clean Energy Council and sits on the Board of Directors of Lilliputian Systems and Pixtronix, both New England based technology companies.
Jeff has a BS in Physics from Binghamton University, an MS in Electrical Engineering from Virginia Tech and an MBA from Johns Hopkins University.
Jonathan Ricker, CEO, Mass Megawatts
For the past 20 years, Mr. Ricker has been involved in Product development, Strategic Planning, and Market Evaluations in growing businesses. He founded and operated a business consulting service for over 6 years. He also served as Senior Registered Options Principal in the Investment Banking industry for five years, which provided insight into the significant long-term opportunities provided by wind energy.
Mr. Ricker has been active in the wind energy research community since 1991. His involvement includes lobbying for the federal renewable energy tax credit in Washington, DC that was passed in 1998. He holds a BS in Business and AD in Accounting from Bentley College.
Mass Megawatts Wind Power, Inc. (OTCBB: MMGW) is a leader in the development of low-cost, wind energy production systems. The patented Multi-Axis Turbosystem (MAT) is capable of generating electricity at 40% less cost than traditional wind power technologies and directly competitive with fossil fuel power plants such as coal and natural gas.
Dr. Les Fritzemeier, Founder and CEO, Wakonda Technologies, Inc.
Les has focused his career on the development and commercialization of materials-intensive technologies for markets including aerospace power systems, the hydrogen economy, electric power transmission and renewable energy.
He started his career in product development at Rockwell International, where he conceived of and commercialized three groundbreaking power products, for which he was honored as Rockwell International Engineer of the Year and received the Rockwell Chairman’s award. He later directed the development and commercial scale up of second-generation electric power products at American Superconductor Corporation. Immediately prior to founding Wakonda, Les was director of business development and technology transfer for the Infotonics Technology Center, helping to spin out three micro-energy technology companies. Les was honored as the National Renewable Energy Laboratory clean technology entrepreneur of the year in 2007.
Les holds a PhD in Metallurgy from Columbia University and an MBA from California Lutheran University. He is a named inventor on over two dozen patents.
Wakonda Technologies, Inc. Dr. Fritzemeier, along with Professor Ryne Raffaelle of the Rochester Institute of Technology, founded Wakonda in 2005 (Ryne is now Director of the National Center for Photovoltaics at NREL). In 2008 the company closed its first venture investment round and moved to Woburn, Massachusetts to accelerate product development and early commercialization.
Wakonda has developed a breakthrough technology platform that combines efficient photovoltaic materials with a flexible substrate to enable high volume manufacturing using commercial processes. The resulting high efficiency, flexible modules can be directly integrated into roofing materials or other support structures for mobile power applications.Matthew L. Lazarewicz, VP and Chief Technical Officer, Beacon Power
Mr. Lazarewicz and has been with Beacon Power Corp. for 11 years where he serves as Vice President & Chief Technical Officer. Prior to joining Beacon Power, Mr. Lazarewicz worked for 25 years in the General Electric in various engineering and managerial capacities in Power Systems and Aircraft Engines. He is a Mechanical Engineer and holds BS, MS, and MBA degrees from MIT. He is also a Registered Professional Engineer in Massachusetts, He serves on the Board of Directors of the Electricity Storage Association and is a member the IEEE Power Engineering Society, ASME , CIGRE, and NEMA’s Energy Storage Council.
Beacon Power is a global leader in the development and commercialization of flywheel-based energy storage solutions for grid-scale frequency regulation services and other utility-scale and unitary energy storage applications. Our goal is to use our environmentally sound flywheel technology to deliver superior performance at lower cost, and generate long-term value for our Company, our stakeholders, and society. With today's urgent need for clean energy solutions that do not burn fossil fuel, Beacon Power is well positioned to provide sustainable solutions for a broad range of energy-balancing applications in multiple global markets.
MEETING ORGANIZER:
Lawrence C. Grumer, Managing Director, Technology Associates & Alliances (TAA)
Larry is an expert in the commercialization of technology. He has launched seven companies, across mobile power sources, propulsion systems, wireless internet, web 3.0, software defined test and measurement, corporate marketing, and a 30-person engineering consultancy. He is a Phase 2 proposal Grant Reviewer for the National Science Foundation. Larry was 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, and Foster-Miller where he helped lead their business turn-around and introduced the SBIR program there.
TAA is the management advisory and investment firm Larry formed in 1994 that commercializes and capitalizes technology for corporate spin-outs and earlier-stage ventures. He is Managing Partner of iVEST Partners LLC providing corporate development services, corporate finance advisory and investment banking affiliation. Larry is Chairman Emeritus of the Boston Entrepreneur’s Network and Forum Chairman of the EntreTech Forum (http://www.entretechforum.org). Larry received a BS in Engineering and an MBA with high distinction from Northeastern University. He has held a Top Secret clearance. Contact him at lgrumer@taacorp.com, 617-325-9852.
