UVM spinoffs have strong presence at national innovation summit

first_imgUniversity of Vermont,Vermont Business Magazine Four start-up companies that grew out of the research of University of Vermont faculty and graduate students, two technologies developed by UVM faculty that have commercial potential, and a start-up launched by staff at the UVM Medical Center will be on display at the invitation-only National Innovation Summit & Showcase, the world’s largest showcase of industry-vetted emerging-technologies ready for commercialization.The event will be held May 14 through 17 at the Gaylord Hotel and Conference Center in Washington, DC.The seven invitees place UVM and the UVM Medical Center in the top 10 percent of all universities, federal labs, government research centers and companies submitting applications for the event.Ryan McDermott of GreenScale Technologies (l) and UVM mechanical engineering professor Darren Hitt. GreenScale Technologies, one of the UVM startup companies invited to attend the National Innovation Summit, builds propulsion systems for small “cube” satellites like the one pictured. Displaying the satellite is UVM mechanical engineering professor Darren Hitt. Ryan McDevitt (left), his former doctoral student, is the company’s co-founder and lead R&D engineer.“The large number of technologies making the cut is an impressive accomplishment,” said Derek Mayer, who coordinates partnerships at TechConnect, the global outreach organization behind the National Summit. “Having multiple submissions reach our innovation community through IP showcase presentations and corporate matchmaking is a great opportunity and accomplishment. Hats off to the UVM innovation network for putting together a strong delegation.”“We’re proud to be representing Vermont with such a strong team of start-ups and start-ups to be,” said Corine Farewell, director of UVM’s Office of Technology Commercialization. “We’re grateful to the Vermont Agency of Commerce and Community Development, the Vermont Technology Council and the Vermont Center for Emerging Technologies both for supporting our presence at the summit and for providing funding, expertise and work space over the years to help nurture and grow innovation and entrepreneurship in our state.”The companies selected to attend the summit will benefit from federal and corporate matchmaking invitations and networking opportunities. They will also receive a pass to a sister conference devoted to promoting two grant programs that foster creative research with commercial application in higher education, the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants.Three UVM spinoffs were invited in the category of presentation awardees, who benefit most from matchmaking and networking opportunities:– WISER Systems has developed a suite of services that improve the efficiency, accuracy, and availability of evidence-based prediction tools around high risk human behaviors. — GreenScale Technologies develops miniaturized propulsion systems for small satellites.– Packetized Energy Technologies deploys human-friendly systems to enable distributed energy resources such as water heaters, electric vehicle chargers, battery storage systems and pool pumps to balance supply and demand in the power grid.The fourth UVM venture, THINKMD, which develops solutions that expand access to quality healthcare, was selected in the showcase category. Two technologies with strong commercial potential, one for producing environmentally responsive fibers for concrete and the other a ground-penetrating radar system for mapping underground infrastructure, were also included in the showcase category. VitalVR, which provides tools that help doctors and universities view and record surgeries in an immersive virtual reality environment, was developed at the UVM Medical Center and was also invited in the showcase category. Source: UVM 3.27.2017last_img read more

CU loans, membership, net worth up in 2013

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Credit unions’ lending was up 8 percent in 2013, and membership grew by more than 2.4 million, according to year-end call report data released Monday by NCUA.NAFCU Senior Vice President of Government Affairs and General Counsel Carrie Hunt said the data show the credit union industry’s strength and integral role in the nation’s economy. “Credit unions’ proven value is underscored by the industry’s continued membership growth, fueled by credit unions’ Main Street appeal,” said Hunt. “Credit unions offer their members unquestionable value, with outstanding service, low fees and competitive rates.”The year-end data show:Credit union membership was up 2.6 percent from 2012.Lending was up 8 percent to $645.2 billion, up from $597.5 billion in 2012; and member business lending rose 10.1 percent over the previous year to $45.9 billion.Deposits (shares) grew 3.7 percent to $910.1 billion, up from $877.9 billion in 2012.The industry’s loan-to-share ratio increased 2.8 percentage points from the previous year.Assets increased 3.9 percent to $1.06 trillion, up from $1.02 trillion in 2012.Credit union net income totaled $8.1 billion, slowing 3.8 percent from 2012.Net worth was up 7.4 percent to $114.5 billion, up from $106.7 billion in 2012. continue reading »last_img read more

Use collective strength to push SIDS priorities, CARICOM SG urges

first_img Important Issues for CARICOM SIDS Highlighted at… You may be interested in… Nov 26, 2019 Sep 2, 2020 Today is World Environment Day May 22, 2020 Share this:PrintTwitterFacebookLinkedInLike this:Like Loading… CARICOM Secretary-General Ambassador Irwin LaRocque is urging close collaboration between Caribbean Small Island and Low-lying Developing States (SIDS) and those in the Indian Ocean and Pacific States to achieve greater results when SIDS development priorities   come before a global forum next year  . The Secretary-General made the point during the Opening Ceremony for a meeting of Caribbean SIDS preparing  for a mid-term review of the Samoa Pathway (SIDS Accelerated Modalities  of Action Pathway).  The Samoa Pathway which represents SIDS priorities for sustainable development and poverty eradication, was adopted at the Third International Conference of SIDS in Apia, Samoa in September 2014.  A High Level Review of the  progress made in addressing the SIDS priorities has been scheduled for September next year at UN Headquarters in New York. Jun 5, 2020 Promoting Investment in Sustainable Development Goals for… Ahead of next year’s Review, preparatory meetings are being held to examine the progress made at national and regional levels. Belize is hosting the Caribbean Preparatory Meeting and Regional Partnership Dialogue from 6 – 9 August. There is a further interregional meeting to be held in Samoa in October. Ambassador LaRocque urged participants at the Belize meeting to hone their strategy to collaborate with the other Regions so that the unified strengths of the SIDS can go forward to the 2019 High Level Meeting. “I therefore give my assurance as Secretary-General of this Community, that I will endeavor to reach out to my counterparts in the Indian Ocean and Pacific Regions to ensure that our collective influence is used to give us the best chance of a positive response to our needs as we seek to fulfill the objectives of the Pathway and attain the SDGs,” he said. Participants at the meeting in Belize Op-Ed: Caribbean island states need differentiated treatment… Reviewing the Region’s Development and Poverty Eradication prioritiesPrime Minister of Belize Mr Dean Barrow and CARICOM Secretary-General Ambassador Irwin LaRocque will address the Regional Preparatory Meeting for the mid-term review of the Samoa Pathway, Monday 6 August 2018, in Belize. The Ceremony begins at 3:00 pm, Belize Time  (4:00 pm Jamaica time, 5:00 pm Eastern Caribbean Time)…August 6, 2018In “Belize”UN Summit on Small Island Developing States (SIDS)By Elizabeth Morgan “SIDS are a special case for sustainable development. They require concerted long-term attention and investment of the entire international community.” UN SG The United Nations General Assembly (UNGA) ended its week of summits at the start of its 74th Session with one dedicated to the specific sustainable…October 4, 2019In “Jamaica”CARICOM records concerns about pace of SIDS’ development in Samoa meeting(Caribbean Community Secretariat) – As the global community prepares for a Midterm Review of the progress in addressing the priorities of Small Island Developing States (SIDS), the Caribbean Community (CARICOM) is concerned about the pace of implementing the modalities for SIDS’ sustainable development. CARICOM articulated the concern that SIDS faced…November 14, 2018In “CARICOM”Share this on WhatsApplast_img read more

Bridgestone Names Joe Venezia President For Retail Operations

first_imgBridgestone Americas has announced that Joe Venezia has been named president of Bridgestone Retail Operations (BSRO), effective June 19. BSRO, a subsidiary of Nashville-based Bridgestone, operates one of the world’s largest company-owned networks of tire and automotive service centers nationwide under the Firestone Complete Auto Care, Tires Plus, Hibdon Tires Plus and Wheel Works brands. AdvertisementClick Here to Read MoreAdvertisement“In recent years, BSRO has developed and executed a singular focus on driving operational excellence and delivering a consistent, world-class customer experience across our retail store network,” said TJ Higgins, president, North America, integrated consumer tire group, Bridgestone Americas Tire Operations. “Joe’s diverse retail and operational background will help us build upon our progress in those critical areas.” Venezia brings more than 20 years of consumer goods and retail experience to Bridgestone. He most recently served as executive vice president of global store operations at Toys”R”Us Inc. In that role, Venezia was responsible for delivering an exceptional shopping experience across a retail network of more than 850 Toys”R”Us and Babies”R”Us stores in the United States; he also provided strategic direction and support for store operations worldwide, including sharing operational best practices. Venezia joined Toys”R”Us in 2014 as senior vice president of store operations.Prior to Toys”R”Us, Venezia was senior vice president of operations and head of stores for The Pantry, an independently operated convenience store chain in the southeastern U.S. He also has held leadership positions with Walmart and Wells Fargo Merchant Services, and began his career as a brand manager at Procter & Gamble. AdvertisementVenezia earned a bachelor’s degree in civil engineering from the United States Military Academy at West Point. He served as an Airborne Ranger Officer in the U.S. Army Infantry for nine years. To learn more about Bridgestone, visit bridgestoneamericas.com.last_img read more

Fjellstrand puts pen to paper for Johan Sverdrup deal

first_imgFjellstrand, a Norwegian company, has signed a contract with offshore living quarters modules supplier, Apply Leirvik for panel production which will be fitted to the Johan Sverdrup project residential module.Apply Leirvik will deliver one of the largest residential modules for the Johan Sverdrup platform. The module is being built in Kvaerner’s shipyard in Stord, Norway. The platform will be operated by Statoil once installed in the Johan Sverdrup field in the North Sea.According to Fjellstrand, the contract value for the panels is approximately NOK 10 million but could be increased with options. It further said that the contract provides an important contribution to aluminum production in the company’s Oma shipyard.Fjellstrand said that production starts immediately and will employ up to twenty workers until November.In addition to this order, 6 elevator shafts are being produced by Fjellstrand, to be installed on several platforms on the Johan Sverdrup field. When combined, these two orders will, according to Fjellstrand, employ between 40-50 workers.last_img read more

Nick Raynsford

first_imgNick Raynsford has been the member of parliament for Greenwich since 1992 and Greenwich and Woolwich since 1997. He joined the government in 1997 and held responsibility for housing, planning and construction as well as being minister for London. He was minister for local and regional government in the office of the deputy prime minister from 2001 to 2005. He was made a privy councillor in the 2001 New Year’s Honours. He left the government in 2005.Nick was shadow minister for housing and construction from 1994 and front bench spokesperson for London from 1993. He was a member of the environment select committee from 1992 to 1993.He was member of parliament for Fulham from 1986 to1987 and was a councillor for the London borough of Hammersmith and Fulham from 1971 to 1975.He was director of SHAC, the London Housing Aid Centre from 1976 to 1986, and director of Raynsford & Morris Housing Consultants from 1987 to 1992.Nick Raynsford is honorary vice chairman of the Construction Industry Council. He is an honorary fellow of the Institution of Civil Engineers, the Institute of Structural Engineers, the Royal Institute of British Architects, and the Royal Town Planning Institute, and an honorary member of the Royal Institute of Chartered Surveyors and the Chartered Institute of Housing.  He is president of the Labour Housing Group, the National Home Improvement Council, Youthbuild and the Constructionarium, and a vice president of the Town and Country Planning Association. He is chairman of Triathlon Homes, the NHBC Foundation, the Fire Protection Association Council, the Centre for Public Scrutiny and a Trustee of Open City. He is a non-executive Director of Hometrack.last_img read more

Holistic reform of the PI system

first_img A 25% cap on success fees, regardless of the case type, is a prime example of the lack of foresight which has marred reform. The government believes that it will force lawyers to consider the merits of a claim more stringently, reducing spurious claims dramatically. What has not been considered, however, is that the introduction of such a cap will, on many occasions, make complicated injury cases commercially unviable. As the most complex cases tend to involve those with the most serious injuries, there is a significant risk that the most vulnerable will be denied access to justice. A lack of coherent thinking can also been seen in the ban of referral fees in PI cases – which was itself a hard-fought amendment to LASPO. My initial satisfaction at the ban soon dissipated when it became apparent that the wording and scope of it would not be adequate. The language used is ambiguous and, astonishingly, no attention has been paid to how the use of alternative business structures (ABSs) could potentially be used to circumvent the ban. Once again, an idea that was supposed to combat amoral profiteering and improve the legal experience for those involved in PI cases has been undermined. In reality, holistic reform of the PI system was highly unlikely to have emerged from the brief and narrow consultation process that followed the Jackson report. Whilst no one holds all of the answers to the numerous questions brought about by this process, addressing two key areas would have meant that many involved in the PI system would be celebrating a victory rather than mourning a litany of missed opportunities. First, while I would not have advocated the creation of a new quango or ombudsman to regulate the sector, reform would have greatly benefited from the appointment of a PI reform tsar to manage the process. The creation of such a role would have ensured that a single civil servant was responsible, helping to create a less politically or commercially motivated approach, which would potentially combat some of the contradictions and oversights previously mentioned. It is unsurprising that muddled views have emerged from a reform process that has involved a plethora of government departments including the Ministry of Justice, the Office of Fair Trading and the Department of Business, Innovation and Skills. The pervasive presence of the insurance lobby throughout this process should also not be forgotten. Second, the reforms would have benefited from a close examination of what impact they will have on different cases. Yes, spurious and fraudulent claims do a great deal of damage to the PI system and combating them will go a long way to improving the reputation of the entire system. However, the lack of wide consultation has left us in a situation in which we are in great danger of the baby being thrown out with the bathwater. For clarity, I am not proposing that each claim should be dealt with on a case-by-case basis to judge, for example, the appropriate success-fee cap. Such a system would buckle under the weight of administration, delay and extra costs. However, it is completely feasible that cases are grouped by severity – clearly road accidents resulting in severe brain injury should require a different approach to those resulting in whiplash. Inadvertently, the proposals will make complicated injury claims an unviable financial risk for lawyers and, as the proposals stand, many will lose out. Broad policy brushstrokes have not left us with a masterpiece but rather a muddled, missed opportunity. Saving holism In less than six months the Legal Aid Sentencing and Punishment of Offenders Act (LASPO) will come into force. A look back at the process which led to this makes me feel wholeheartedly that successful reform of the personal injury (PI) system has been scuppered by a hurried approach, a lack of joined-up thinking and a government so desperate to attack a perceived ‘compensation culture’ that they have embarked upon a way forward that will potentially harm among the most vulnerable in our society. There is no denying that the PI system in the UK is in need of reform. Our current system has resulted in high costs for the consumer, wealthy opportunistic insurers and has damaged the reputation of PI lawyers. The LASPO Bill was an opportunity for the government to give birth to a reformed personal injury system free from its previous ills. Therefore, it was with more than mild irritation that I watched the haphazard consultation process result in a piecemeal approach which snatched defeat from the jaws of victory. While it may be true that spurious and fraudulent claims should be reduced by the current proposals, it should also be recognised that the hurried, ‘one-size-fits-all’ approach will cause significant collateral damage. Most worryingly, those involved in serious cases, such as catastrophic injury, will suffer dramatically from an overzealous desire to stamp out all the claims targeted by such reform. A number of misstepscenter_img John Spencer is director of Spencers Solicitors I fear that unless the ABS circumvention issue is resolved and a much clearer definition of what constitutes a referral fee emerges, holistic reform of the PI system will remain as nothing more than a fantasy. Going back to basics, holism is defined in the Oxford dictionary as ‘parts of a whole that are in intimate interconnection, in such that they cannot exist independently of the whole, or cannot be understood without reference to the whole, which is thus regarded as greater than the sum of its parts’. This is a far cry from the fragmented LASPO. A lack of joined-up thinking is not confined to ABSs and referral fees, but extends throughout the government’s approach to PI reform. The government has prioritised cost-cutting without a view to the wider implications of the changes they propose. For example, the decisions to extend the upper claim limit of the RTA PI Portal from £10,000 to £25,000, ignores the results of research commissioned by the MoJ which found that there is little justification for such an extension and will force the portal to consider more complicated cases for which it was not designed. The idea to channel more cases to the small claims court, risks further undermining access to justice by limiting legal representation for lower ‘value’ cases. While both changes will undoubtedly save money, the true cost will be to justice for injured parties. After all, the core goal of the PI system is to ensure justice is done for those who have been wronged. I fear the incoherent reforms which are taking place are indicative of the fact that the government and the main players in the PI system have lost perspective and I therefore urge the industry to adopt a mentality of holism, to put aside vested interests and ensure that a system emerges that benefits the public.last_img read more

Airline ordered to pay delayed-flight compensation

first_imgA county court has refused to let an airline put compensation for a late flight on hold pending the outcome of a case in the Netherlands.District Judge Lee Jenkinson, sitting in Liverpool, said Jet2.com should pay €400 compensation to passenger Kim Allen after a ‘spontaneous’ fault with an aircraft caused her flight to be delayed, rather than wait for the outcome of the Dutch case Van der Lans v KLM.The judge added that passengers feel they are on an ‘airline-driven merry-go-round that shows no signs of stopping’.Other airlines had delayed paying compensation to passengers until the outcome of the Allen case, but they are likely to accept it as a test case and will now start to reimburse claimants.North-west firm Bott & Co, which is representing Allen, says it had 8,000 similar cases waiting on the decision, although it expects another legal challenge from the airline.Kevin Clarke, flight delay lawyer, said: ‘We’ve seen continual legal challenges to the finer details of flight delay regulation by the airlines since it was first introduced and it’s pleasing the court is now taking a firm line against them.‘We would hope that the airlines will now finally face up to their obligations to passengers and to settle the hundreds of thousands of legitimate claims outstanding.’A European Union regulation entitles passengers to claim flight compensation of up to €600 per person if they reach their final destination three hours or more after the scheduled arrival time. The flight in question must be leaving an EU country or landing in an EU country on an EU airline. Consumers have up to six years from the date of the flight to make a claim.The Allen case was a continuation of a long battle between claimant firms and airlines over compensation payments.Allen’s case was originally stayed pending last year’s Huzar v Jet2.com case in which Court of Appeal judges ruled that technical problems were not an extraordinary circumstance and should be subject to compensation. The stay on her case was initially lifted after Ron Huzar’s victory but Jet2 made an application to stay Allen’s claim again. This time it wanted to put the case on hold pending the outcome of the Dutch hearing Van der Lans, which has been referred to the European Court of Justice.A spokesman for Jet2.com said the company is considering its response.last_img read more

Solicitor-turned-salesman must pay £14k bill despite pleading poverty

first_imgA former solicitor who claimed to be so poor he had to take the bus to his disciplinary hearing has nevertheless been ordered to pay a four-year-old costs bill.John James was told to pay almost £14,000 to cover the costs incurred by the Solicitors Regulation Authority prosecuting him in 2013 after it was found he was now earning a £45,000 annual salary as a salesman.James, a former director of Birmingham firm James Pearce & Co, was struck off for dishonesty but was spared paying the costs order without leave of the tribunal, as it was heard his livelihood had been removed and he was the sole earner for his family.But fresh enquiries from the SRA found that James had an interest in a jointly owned property which was now worth £600,000, with a mortgage outstanding since 2002. James’ interest was around £231,000. In a hearing at the Solicitors Disciplinary Tribunal last month, James submitted that he owed Lloyds Bank £800,000 which related to a personal guarantee he had given to it in 2006/07. He said the bank debt should take precedence to his outstanding costs order.James said he was no better off than he had been in 2013: he owed around £15,000 in tax arrears and owed more than £30,000 to his daughter’s school for fees. He had not bought any new clothes for years and had taken the 5.30am bus to London, at a cost of £8, to attend the hearing.But the tribunal said it was clear James had a valuable asset as a result of his property interest, with equity in six figures, even though his income was not sufficient to cover his expenses and liabilities. The tribunal ruled that the SRA should not be disadvantaged as a creditor just because it was not first to be owed money.The judgment, published this week, added: ‘It was only fair that [the SRA] should be in the same position as other creditors.’ In addition to paying the 2013 costs order, James was also ordered to pay £1,225 to cover the costs of the latest hearing.last_img read more

Conspirator Charged with Murder

first_img Share Share LocalNews Conspirator Charged with Murder by: – April 4, 2013 Share Omari PhillipAntigua St. John’s – Over a year after the tragic shooting of service station attendant Dorothy Prince on February 17 2012, one of the accomplices in the incident, 27-year-old Omari Phillip has been charged with causing her death.According to the police, the accused, previously charged with aggravated robbery, is now charged jointly with Timorie Elliotte (a former Antigua & Barbuda Defence Force soldier), Gideon Jackson (a Police Constable) and Dion “Ticks” Thomas with murder.Reports indicated that Phillip, who was on bail, had somehow managed to travel out of the court’s jurisdiction to Canada.According to police spokesman Senior Sergeant William Holder, the accused was refused entry, and returned to Antigua last Saturday, March 30, where he was taken into police custody and charged.Dorothy PrinceThe incident occured at about 9:15 pm, when Phillip, along with three other accomplices, allegedly entered the gas station and shot the 40-year-old attendant, then escaped with more than $5,000.The other three men were charged with murder and aggravated assault.The men were remanded to Her Majesty’s Prison when they first appeared before Chief Magistrate Joanne Walsh in February.caribarena.comcenter_img Sharing is caring! 38 Views   no discussions Tweetlast_img read more