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Happy New Year!

Another year is upon us and our staff and partners are ready to make 2013 the most dynamic and progressive year yet.

Although the year has just begun, we have made great progress in spurring our economies.  For instance, our CVBI-SBDC clients in Fresno, Madera, Tulare and Kings Counties have already generated more than $6-million in capital infusion!  This is a great indicator of strengthening businesses and job growth across our region, and we’re only in January!

The Water, Energy and Technology Center is full – with five new, high-potential technology-based companies that are preparing to enter and grow their products into our local markets.  And, as they develop, they will create jobs and continue to support the development of new technologies – especially relative to food and water use – supporting and growing our proud ag-heritage and helping our region feed the world!

And, speaking of feeding the world … FOOD is a major focus of CVBI programs this year.  There are so many initiatives growing (pun intended), from the Public Market to Commercial Kitchens to a Kitchen Incubator, and CVBI is supporting these efforts to ensure that the entrepreneurial and innovation opportunities are fully leveraged – keeping dollars and talent here in our region.  An excellent example is CVBI-SBDC client Rosa Brothers Milk Co. a Hanford Dairy that opened a processing and distribution plant in Tulare and is now processing their own milk and ice cream and distributing it through the Central Valley under their own brand.

Especially exciting is the growth of the BlueTechValley initiative. It’s hitting full-throttle, creating awareness across the nation and world of the many unique assets, resources and opportunities our valley provides to develop and advance solutions to the world’s water crisis and protecting this valuable resource in support of our Ag-economy.

2013 is a year of innovation, technology and job development.  Through our programs and partners, CVBI will work at full capacity to drive business launch, job development and awareness of the tremendous opportunity and contributions if our Valley.

We gratefully acknowledge our key funders, The Fresno Regional Workforce Investment Board, the University of California, Merced Regional Small Business Development Network, and the City of Clovis.  And the many contributions by our local foundations and institutions, including Wells Fargo, Bank of America, Central Valley Community Bank, Small Business Administration, Comerica Bank, PG&E, AT&T, Sebastian Enterprises, Grundfos and all the members of the BlueTechValley Committee.

Here’s to a great 2013!

 

 

 

 

 

CVBI-SBDC RECEIVES $10,000 FOR BUSINESS CONSULTATIONS!

Central Valley Business Incubator- Small Business Development Center (CVBI-SBDC) is excited to

announce that starting and growing a business just got easier thanks to a $10,000 grant from Bank of
America to support small business.

This $10,000 Bank of America grant will fund high-quality; one-on-one consultations for those who want
to start or strengthen a small business in the four counties of Fresno, Madera, Tulare and Kings. The
grant funds will also further the development and commercialization of technology based businesses
across our region.

Business support is provided through CVBI-SBDC via consultations with industry experts, workshops and
training, research and online learning services.

“Bank of America’s commitment enables our organization to provide much needed support to grow our
local small businesses and to strengthen our communities,” says Kirk Nagamine, President and CEO of
Central Valley Business Incubator- SBDC in Fresno.

“Fresno’s economic growth is intrinsically tied to the success and vitality of our small business
community,” said Randy Dhindsa, Fresno market president of Bank of America. “Bank of America is fully
committed to supporting small business owners by working with them directly and through important
partners like CVBI-SBDC who provide critical technical support to help new start-ups make their business
dreams a reality.”

In addition to working with business incubators such as CVBI-SBDC to support new start-ups, Bank
of America also works with experienced small businesses ready for traditional bank capital through
its Small Business Banker network of local experts who meet with small business owners to provide
expertise and guidance how to grow. Bank of America has four Small Business Bankers across the four-
county market locally. Across California in 2012, Bank of America provided $1.84 billion in new lending
and credit to small businesses, a 41% increase over 2011.

For more information on the business support offered through CVBI-SBDC or to get connected to an
CVBI-SBDC Consultant to assist with your business, please contact Barbara Rodiek at (559) 292-9033 or
email Barbara@cvbi.org.

Job Creation Hits 146,000

CNN reports 146,000 Jobs Created & a Drop in Unemployment Rate to 7.7%.

http://www.cnbc.com/id/100289321- Reported  Friday, December 7 by CNN regarding U.S. Economy.

Locally- CVBI-SBDC continues to support small business owners and entrepreneurs in their efforts to help keep these jobs growing.  In 2012, CVBI-SBDC services helped generate 53 new businesses launched in Fresno, 338 jobs created & over $11.3 million in capital infusion.

Are you ready to think about how YOU can create jobs with a new or stronger small business?

Connect to CVBI-SBDC for a business readiness consultation.  CVBI-SBDC services are provided at no charge to entrepreneurs and business owners.   In Fresno and Madera counties, email: rich@cvbi.org. In Tulare and Kings counties, email: Gil@cvbi.org, and for assistance commercializing your technology, email Helle@cvbi.org.

CVBI Congratulates WET Center Member ClimateMinder for a very successful 2012!

Customers of Rain Bird’s Agriculture Division will now have access to the most innovative wireless monitoring and control technology available. It’s all thanks to Rain Bird’s acquisition of ClimateMinder, a Glendale, Calif.-based company that creates products that growers can use to improve yields and reduce labor while reducing water and nutrient costs.

“We’re very focused on supporting our customers with products and resources that will help them increase profits and improve sustainability,” said Mark Ensworth, Director of Rain Bird’s Agriculture Division. “The ClimateMinder organization embodies that same spirit, making it and its products an excellent fit with Rain Bird. This acquisition allows us to continue offering the most advanced technology in the agriculture industry.”

The ClimateMinder system can automate the collection of data from a wide variety of sensors as well as control the operation of irrigation equipment.  The system uses battery/solar powered stations that are connected wirelessly to the internet.  From any internet enabled device, including cell phones, users can perform a wide variety of tasks including viewing sensor information, defining irrigation schedules, and setting e-mail or text alerts based on real-time sensor readings.

Rain Bird and ClimateMinder executives finalized the acquisition on Friday, December 14, 2012. Following the acquisition, Bulut Ersavas, CEO and founder of ClimateMinder, joined Rain Bird as the Business Development Manager for the Agriculture Division.

“This acquisition is the culmination of many years of hard work and effort by the entire ClimateMinder team,” Ersavas said. “I’m extremely proud that our company and its products have evolved over the years to the point where an organization like Rain Bird recognizes their value to the agriculture market. It’s an exciting time, and I look forward to working with Rain Bird to bring technology like this to more growers worldwide.

For more information about the ClimateMinder system, visitwww.climateminder.com. To learn more about Rain Bird’s products for the agriculture, golf, and landscape markets, visit www.rainbird.com.

Imagine H2O Names Finalists in 2012 Prize for Water Startups

Imagine H2O, a nonprofit organization dedicated to inspiring and empowering people to turn water challenges into opportunities, announced the finalist companies in its fourth annual business plan competition. The nine finalists advance to a second round where they will compete for over $200,000 in cash and in-kind services. The overall results will be announced during events leading up to International World Water Day 2013 in March.

Over 70 startup companies from 12 countries submitted entries related to this year’s competition theme: Consumer Innovations. The global field represented a diverse range of personalized solutions to water challenges related to quality, efficiency and access in both developed and developing economies.

“Regardless of location or economics, people require solutions to ensure water efficiency, safety and accessibility,” explained Scott Bryan, Imagine H2O’s Chief Operating Officer. “This year’s Imagine H2O finalists represent a broad selection of innovative solutions to personal water challenges around the world.”

Imagine H2O’s judging panel, which includes some of the water sector’s leading experts, based their selection of the finalists on market opportunity, customer value proposition, go-to market strategy, financial plan, and general quality of presentation and pitch. The finalists (alphabetical) are:

Pre-Revenue Track

  • Dlo Haiti 

(Haiti) www.dlohaiti.com
Led by a team of Haitian and Silicon Valley entrepreneurs and investors, Dlo Haiti offers a market-based solution providing safe drinking water in Haiti at a price average Haitians can afford. Dlo Haiti seeks to replace the expensive and inefficient model of centralized water purification and delivery by truck with a decentralized approach that will lower costs and improve water quality for Haitian consumers.

  • Flush-Master

(Corona,CA) www.flush-master.com
This stainless steel retrofit toilet flapper is designed to address a very basic, yet large, source of lost water. According to the American Water Association, one out of five toilets are leaking today because of faulty toilet flappers.

  • Innogation Inc.

(Eagle,ID) www.smartrotor.com
By matching the flow of water to lawn outlines, Innogation’s SMARTRotor™ dramatically reduces water used for outdoor irrigation while providing up to 98% distribution uniformity.

  • NBD Nanotechnologies, Inc.

(Danvers,MA) www.nbdwater.com
A biomimicry and nanotechnology company that harvests water from the air, NBD Technologies employs materials science and chemical engineering innovations to create water from the air.

  • ReFresh

(Boston,MA) nowebsite
A provider of water on the go, ReFresh’s water distribution machines provide bottled water and accept used bottles for a partial refund making drinking water cheaper, more convenient, and more environmentally friendly.

  • Sentinel Hydrosolutions, LLC                                                       

(Escondido,CA) www.leakdefensesystem.com
Sentinel’s Leak Detections System combines an easy-to-install fixture and control panel that automatically identifies home leaks and shuts off supplies to prevent water damage and loss.

Early Revenue Track

  • Celsius Global Solutions

(Trune,Scotland) www.jompy.co.uk
The Jompy water boiler is a simple, easy to use device that allows the user to cook food and boil water simultaneously, so saving on fuel and time spent over an open fire. The Jompy will pasteurize contaminated water reducing the chance of water borne diseases such as diarrhea and cholera.

  • HighSierra Showerheads, LLC

(Coarsegold,CA) www.highsierrashowerheads.com
The HighSierra Showerhead combines a low-profile design that uses 40% less water and a flow control that maintain the feel and experience of a conventional showerhead even at varying pressures.

  • PaveDrain, LLC

(Greenfield,WI) www.pavedrain.com
Mitigating storm water through arched paving bricks, PaveDrain incorporates an arch design in the middle of an articulating concrete block to create an internal storage chamber that can be filled with storm-water runoff while simultaneously providing strength for heavy vehicular loads.

 

Grundfos President Presents American Water Award to City of Fresno

At the American Water Summit held Nov. 14 and 15 in Chicago, Jes Munk Hansen, president of Grundfos North America, assisted the event’s hosts in presenting the inaugural American Water Awards to companies, utilities and projects that implemented smarter models for doing business in the water sector.

Most notably, Hansen honored the City of Fresno, Calif., with an award of distinction for Utility Performer of the Year. Martin Querin, assistant director of the Department of Public Utilities’ Water Division, accepted the award on behalf of the city.

The exchange was especially meaningful because of Grundfos’ history with Fresno, the birthplace of its North American presence. Indeed, ever since Grundfos opened its first U.S. offices there in 1973, the company has been building its relationship with the local public water and wastewater utility.

Never has that partnership been more vital than it is today. Population growth has forced Fresno to triple the amount of water it pumps. Meanwhile, the aquifer beneath California’s central valley is not expected to last another 50 years. So in 2012, the city of Fresno made the bold decision to wean itself off groundwater by switching to surface water for its future supply.

Plans include an expansion of 30 million gallons per day (MGD) to the city’s surface water treatment plant, a new 80 MGD surface water treatment facility, and a $76 million project to install 110,000 automatic meter readers. At the same time the city’s wastewater department has begun a treatment upgrade to the city’s water reclamation plant that will create 25,000 acre feet of reclaimed water by 2025 to offset potable water demand.

While the city took advantage of forward thinking and creativity to confront a growing reality of water scarcity, Grundfos leapt at the opportunity to contribute at its own facility.

A global leader in high-efficiency water technology, the company broke ground on a three-part project to recover and reduce irrigation water at its Fresno facility last summer. The construction of a water-conscious landscape, a natural filtration system and two water detention basins were all part of an effort to boost the city’s groundwater supply by completely eliminating the use of potable water for campus irrigation.

The project is Fresno’s largest scale replacement of traditional landscaping, as well as the first combination of rainwater recovery and groundwater recharge by a private company in cooperation with the City of Fresno.

“Grundfos’ water conservation efforts have provided a mutual benefit in terms of sustainable and economic management of our water resources,” said Querin. “This is a partnership that every city needs.”

When the project is completed in January 2013, Grundfos Fresno will feature a water-wise landscape design that replaces existing plants with species that consume less water and are more appropriate to the area’s demanding climate. The campus originally consumed nearly 6 million gallons of potable water each year. The new design will reduce water demand by more than 83 percent.

“Our work in Fresno demonstrates Grundfos’ commitment to practice what we preach with respect to sustainability and the appropriate use of potable water,” Hansen said.

The water conservation initiative will also include a recovery system to reclaim, treat and reuse rainwater to irrigate the new water-wise landscape. A four-acre water detention basin is planned to collect enough recycled water to support the external water needs of the entire campus – about the size of 21 football fields – without the use of any potable water. Another basin will allow rainwater to seep into the earth and recharge the area’s groundwater supply. To help purify the water prior to entering the detention basins, the architects have designed a natural filtration system called a bio-swale. The plan also includes installing a smart irrigation system that ties into existing Grundfos technology for monitoring and operation.

The aggressive plan bolsters existing sustainability programs already in place at the 180,000 square-foot manufacturing facility, which has already achieved a 30 percent reduction in energy use per unit of output since 2000. Other energy-saving initiatives include the addition of a 1 Megawatt solar array spanning seven acres, use of energy-efficient lighting, air compressors, pumps, fans and low-flow plumbing fixtures. The effort is part of a corporate-wide sustainability initiative that seeks to reduce CO2 emissions, energy consumption and hazardous waste levels.

For more information, visit the website at www.grundfos.us

ABOUT GRUNDFOS:

With an annual production of more than 16 million pumps, Grundfos is a global leader in advanced pump solutions and a trendsetter in water technology. The company specializes in circulator pumps for heating and air conditioning as well as centrifugal pumps for industrial applications, water supply, sewage and dosing. Grundfos also manufactures standard and submersible motors and state-of-the-art electronics for monitoring and controlling pumps.

High on the company’s corporate agenda is an active commitment to improving the environment. Grundfos contributes to global sustainability by pioneering technologies that improve quality of life for people and care for the planet. For more information, visit www.grundfos.us

Fresno County’s WET Center – Part of the World’s Best Technologies Showcase

Fresno’s Water, Energy and Technology (WET) Center joined the best of the best technology, innovation and business development entities at this year’s WBT (World’s Best Technology) Innovation Marketplace, held October 24 – 26 at the San Diego Convention Center.

The event showcases vetted and mentored companies and technologies emanating from top universities, labs, research institutions and the private sector from across the country and around the globe.  Participating technologies, each supported by private funding and/or federal R&D grants are selected by – and presented to – over 100 seasoned venture investors and Fortune 500 licensing scouts representing a variety of industries.

CVBI CEO Kirk Nagamine attended the 3 day event, partnering with WET Center stakeholder, A. Wigs Mendoza, Program Manager, Business and Technology Group, Metropolitan Water District (MWD) of Southern California, District.  So Cal MWD is one of the largest water districts in the nation, and like the WET Center, it aggressively pursues innovative methods to increase efficiencies.

“It’s a great opportunity to stand side-by-side with entities like the MWD So Cal who see and understand the necessity and benefits of developing innovative ways to think about and use one of our most precious resources: water,” says Kirk Nagamine.

For the first time in the history of WBT, the event featured the “iHub Pavilion” showcasing the 12 California State innovation hubs.  The WET Center is the cornerstone of the CalValleyTech iHub – the only iHub in the Central Valley and the only iHub to focus on Water, Energy and Ag Technology.

While at WBT, Nagamine spent quality time promoting WET Center companies and engaging entities from across the state and nation in the Blue Tech Valley, an initiative designed to establish the Central Valley of California as a hub of water and energy.

According to Henrik Laursen, Director of Grundfos Innovation Center and Chair of the BlueTechValley initiative, The BlueTechValley, much like Napa Valley or the Silicon Valley, represents the entire ecosystem that can support a particular industry, in our case, Blue Technology.  This ecosystem of assets and resources makes the Central Valley the perfect place for water, energy and Ag technologist to nest.

“We have size of the regional market as well as the perfect set of circumstances to help accelerate bringing cutting edge technologies to market,” says Laursen.

The iHub Pavilion showcased all 12 California State designated Innovation Hubs (iHub’s) and represented the State’s strength in innovation.

For more information on the iHub initiative, click here.

For information on the BlueTechValley, click here.

 

CVBI-SBDC RECEIVES $15,000 TO ASSIST ENTREPRENEURS!

Central Valley Business Incubator – Small Business Development Center is excited to announce the addition of ten (10) new CVBIOnline “Champion Communities,” thanks to the generous support of PG&E.

This $15,000 PG&E grant supports the launch of CVBIOnline, an innovative and effective online resource for entrepreneurs and small business owners in rural and outlying communities across the Central Valley.  As a “virtual business incubator,” CVBIOnline provides small communities with the tools, resources and benefits of a business incubator without staff and facility costs.

“PG&E just launched CVBIOnline in our service area and are very excited to provide constituents with professional and expert business guidance,” Cam Maloy, Economic Development Specialist with PG&E.  “With each new business launched through the Virtual Incubator Program, PG&E is doing its part to assist the local community grow stronger.

Programs and support available online include a business-readiness assessment, an idea feasibility analysis and a step-by-step business plan development tool.

CVBIOnline in Orosi, through the CSET Program, and the Academy for Civic and Entrepreneurial Leadership (ACEL) in Fresno will be the first CVBIOnline Champions to benefit from the PG&E Grant with more to follow.

A long-time leader in the Central Valley, PG&E continues to demonstrate its commitment to the well-being and sustainability of the community.  Through this grant in support of CVBIOnline, PG&E is supporting businesses and job creation – enhancing the quality of life and retention of knowledge in the San Joaquin Valley.

For more information on this PG&E Grant, or CVBIOnline, contact Chelsi Silva at (559)-278-4538 or email: chelsi@cvbi.org.  A demo of the program can be seen at www.cvbionline.org, Username: beta1, Password: webuser.

Small Business University – A Big Success For Small Business Across the Valley!

Running and growing a business is an all-consuming endeavor.  Most business owners and entrepreneurs consider every minute spent away from the store (or computer, or shop or lab …) as time lost in achieving their next goal.  In a demonstration of their commitment to building and growing their businesses, nearly 200 business owners, entrepreneurs, innovators and students invested a full day at CVBI Small Business University, seeking information, tools, resources and guidance on topics ranging from Patents and Trademarks to HR Issues and Social Media to Leveraging Technology.

“We’ve been told that it’s as hard to get away for a couple of hours as it is for a full day,” says Kirk Nagamine, President/CEO of the Central Valley Business Incubator-SBDC“So we created Small Business University to give our business and innovation community the opportunity to wisely invest in their future.  We designed one full day, where business professionals from across a spectrum of industries could pick and choose multiple presentations on topics particularly relevant to their individual needs. CVBI-SBU provides valley business owners the chance to leverage their time: learning, networking, and getting the highest possible return for their business.”

The event, co-hosted by CVBI, UCMerced Regional SBDC Network and the Kern County Community College District Business Enterprise Center, pulled attendees from Bakersfield to Merced.

“I really enjoyed the presentations I went to,” says Karen Askins, owner of You Financial Investments & Insurance Services in Fresno. In just a few hours of time, I was able to get specific information on a couple of topics that I needed help with for my business.  Plus – the opportunity to meet with so many other business owners really created an energy that you rarely find at business presentations.  Plus, I really enjoyed the Keynote!”

From 8:30am until 3:30pm, concurrent presentations filled nearly every room at the Clovis Veterans Memorial District, sponsored by the City of Clovis.

“Clovis is business and technology focused,” says Tina Sumner, Director of Community and Economic Development for the City of Clovis.  “Having the opportunity to host a great small business-boosting event like this here is great not only for Clovis, but for our entire Valley.”

Providing tools, resources and consultation for business and innovation development are key tenants of Central Valley Business Incubator, UC Merced Regional SBDC Network and the Kern County Community College District Business Enterprise Center, SBU’s three premier partners. Other agencies are jumping on the bandwagon, offering their own versions of Small Business University to demonstrate the level of support our communities are willing to provide to ensure successful small business.

“Helping small businesses and new technologies launch and grow here is a key economic driver for our entire community,” says Nagamine.  “Every time a business succeeds, our valley gets that much stronger.  That’s our goal – Launching and growing the business that create the jobs that strengthen our valley.”

Presentations from the event can be viewed at www.cvbi.org/sbu-presentations/.

 

Jamie Raquel Bags the Win at the Central Valley Stock Exchange 2012

Winning entrepreneurs solve problems … and really popular ones solve them with style and flair, at least according to attendees at this year’s Central Valley Stock Exchange.

Nearly every woman in my office let me know that the Jamie Raquel Bags would be the perfect company gift this year,” says Kirk Nagamine, CEO of the Central Valley Business Incubator – SBDC, host of the gala that celebrates innovation and entrepreneurship.  “We showcased 18 companies ranging from healthy-smoothies to video/internet service; from complex tech-driven smart irrigation systems to new online software apps, and this simple, easy to understand, pretty to look at and simple to get and use creation won the competition by a landslide.  While I don’t think our results will influence serious tech-investors, I think there is a good lesson here: People want solutions they can easily see, understand and use.”

Created to connect community leaders, potential customers, and investors to the Valley’s up-and-coming entrepreneurs, innovators and start-up businesses, the Central Valley Stock Exchange is recognized as one of the most unique and interactive events in the Valley.The evening starts with an elegant mixer where old and new friends meet, then finishes with a gourmet wine-dinner prepared by award-winning Trelio Restaurant. At the center of the event is an interactive, lively and engaging networking session, where attendees are challenged to “invest” a stack of CVBI Bucks, totaling $1-million, among the competing start-up businesses.  At the end of the session, the business with the most CVBI Bucks wins the prize – this year valued at almost $10k in goods and services.

The 2012 Central Valley Stock Exchange featured competitors in three areas: main-street, farm- to-fork and technology. While the mix left some competitors feeling like they were selling oranges at an apple-fair, the eclectic mix resembles our real marketplace

“I saw all these very high-tech companies and thought I was really in the wrong place,” said Diana Peck, founder of Jamie Raquel, this year’s winning competitor.

The truth is that the marketplace is full of competitors for your product and distractions for your customers. How many times do you go out to buy a hamburger and wind up with ice cream?  While the analogy is admittedly oversimplified, the savvy and thriving business owner and innovator understands that while their challenge is to provide a solution – it’s important to know that the customer needs help to see the problem they face.

For more information on the start-up businesses showcased at the Central Valley Stock Exchange Event, along with a photo gallery, visit: www.cvbi.org/cvse.