Container Top
Search

Events Calendar

EVENT SEARCH:

In This Section


Most Read Stories


Blogs:


First Bell - On Education:
No City of Akron basketball tonight

Pets:
Pet telethon re-airs

The Heldenfiles:
Chipmunks "Squeakquel" on DVD/BD March 30

Akron Zips:
Late surge gives Zips ugly road win

Tribe Matters:
Blogmail response on Hafner

Cleveland Browns:
Stallworth's contract terminated

Balanced Ledger:
QB in Browns future: another mock draft

Kent State Sports:
KSU Notes – February 9

Cleveland Cavaliers:
NBA Power Rankings from Around the Internet

Buckeye Blogging:
Buckeyes grab 18 players on signing day

Varsity Letters:
Garfield at Buchtel basketball

All Da King's Men:
Palin At The Tea Party Convention

Blog of Mass Destruction:
Republican Pre-Conditions

Akron Law Café:
Citizens United v. F.E.C. (Part 4): Kennedy's and O'Connor's Basic Approaches to Constitutional Decisionmaking – Top Down and Bottom Up

Car Chase:
Collector Car Hobby Loses One of the Best—Jim Roll

Let's Talk Real Estate:
Decisions Decisions: Credit Cards or Your Mortgage?

Ohio Travels with Betty:
Loucile is looking for a Lake Erie getaway in June for three kids, ages 1, 3, and 5.

Sound Check:
Talk of the Town – Top entertainment picks for the weekend

HRLite House:
Track HR Research

Akron Gamer:
'Tecmo Bowl' recreation of Super Bowl XLIV

See Jane Style:
Do IT this week: Layering

Akron incubator captures national award

Tenant takes second for outstanding technology client

By Paula Schleis
Beacon Journal business writer

For 25 years, the Akron Global Business Accelerator has been a rather quiet force for economic development in Northeast Ohio.

But the national spotlight found it on Tuesday.

The facility won the 2008 Incubator Innovation Award from the National Business Incubation Association at the organization's annual conference in San Antonio, Texas.

And one of the incubator's tenants — Summit Data Communications — took second place for Outstanding Incubator Client in the technology category.

The announcement was made at a luncheon with about 700 people representing 45 countries, said the incubator's director of operations, Terry Martell.

Martell, the incubator's Chief Executive Officer Mike LeHere, and Director of Entrepreneurial Services Jerry Lesnick were there to accept the award, which praised the incubator's ''Global Technology Commercialization Initiative.''

The initiative focuses on the development of technology-based innovation through new domestic start-up firms and the attraction of foreign firms in key sectors.

Akron's Deputy Mayor for Economic Development, Bob Bowman, said the goal of attracting foreign companies is about to be fulfilled with a new tenant from Israel and possibly another from Germany.

Rather than abandon the past, the incubator is helping the city and region transition to a new knowledge-based economy, Bowman said.

One example of the new economy is Summit Data, recognized for the success of its wireless radio card business.

The 2-year-old company already has an annual revenue of $7 million, selling special cards for mobile devices in challenging environments.

 


Paula Schleis can be reached at 330-996-3741 or pschleis@thebeaconjournal.com.

 

For 25 years, the Akron Global Business Accelerator has been a rather quiet force for economic development in Northeast Ohio.

Get the full article here.



Story tools

Email  Email   Print  Print   Save  Save   Reprint  Reprint   Popular  Most Popular   Reprint  Subscribe

Share this story

AddThis Social Bookmark Button














Most Commented Stories