NorTech

On Thursday, November 15, the Manufacturing Advocacy & Growth Network invites you to follow the searchlights in the sky to Manufacturing Magic, an event celebrating MAGNET’s 2007 Competitiveness Challenge.MAGNET recently released the list of winning projects.

Find out how you and your company can take part in this festive evening honoring the thirteen participating companies and the three Challenge winners.

• When: Thursday, November 15, Reception: 6:30 to 7:15 p.m.; Dinner and Awards: 7:15 to 9:00 p.m.

• Where: Embassy Suites Rockside, 5800 Rockside Woods Blvd., Independence, Ohio (Directions)

• Tickets: Individual: $75; Table of eight: $600

Contact Katharine Boone [voice: (216) 432-5159] by Friday, November 9 to place your ticket order.

2007 Competitiveness Challenge Participants: Akron Brass, Astro Manufacturing & Design, GED Integrated Solutions, Henkel, Jergens, Lumitex, McNeil Industries, MTD, Plasticolors, PR Machine Works, Swiger Coil Systems, The Timken Co., Venture Plastics.

 

The attraction and retention of skilled high tech workers continues to be a key component to revitalizing Northeast Ohio’s economy.

According to www.Neotechjobs.com, NorTech’s high-tech talent and opportunity match-making website, there are currently 8,224 jobs high tech jobs are available in IT, Electronics, Engineering, Healthcare and Bioscience and with more than 2,000 registered technology job seekers, the majority being in IT.  Click here to get connected-search for available high jobs, create resumes, and post job opportunities, today!

I received the following update from Jim Cossler last week. HOwever, I was at the Nano App Summit, and didn’t have an opportunity to post this great news from Youngstown….

From Jim Cossler, Chief Evangelist, at the Youngstown Business Incubator:

Wow! What a phenomenal week we just finished.

On Monday, we met with President Thomas Chema and other key officials at Hiram College to discuss expanding our joint entrepreneurial efforts.

On Tuesday, the structural steel skeleton of our new $6million center for YBI graduate companies was completed.

On Wednesday, YBI received a very positive “shout out” in the national edition of the Wall Street Journal.

On Thursday, the first leg of our ultra-high speed wireless Internet for external partners was successfully lit up.

And on Friday, thanks to the invitation from Congressman Tim Ryan, we were extremely honored to have House Speaker Nancy Pelosi come to YBI for a tour of our facilities and for discussions with the CEOs of three of our portfolio firms. And would it be immodest of us to say that Speaker Pelosi called the Youngstown Business Incubator “the model for the nation” at her press conference afterward?

Nice.

Ohio now takes the lead in gaining the most investment dollars for health care companies in the Midwest,according to a new report published by BioEnterprise, an acceleration initiative designed to grow health care companies and commercialize bioscience technologies in Northeast Ohio.

Here’s an excerpt from the the Plain Dealer:

Thirty-five Ohio companies attracted $261.2 million in the first three quarters of the year, according to the latest installment of the BioEnterprise Midwest Health Care Venture Investment Report.

The Cleveland region - essentially Northeast Ohio, for purposes of the report - ran a close second to Minneapolis in gaining health care investments through the third quarter.

Investment in Cleveland trailed Minneapolis by $700,000, as of Sept. 30.

As usual, the Cleveland area accounted for the lion’s share of health care investments in Ohio - 81 percent in the first three quarters.

“I think we are clearly recognized, in venture capital, as a peer region with Minneapolis and as a state with Minnesota,” said Baiju Shah, president of BioEnterprise, the health-care-company developer in Northeast Ohio.