annual report fiscal year 2012 accomplishments introduction The Northern Virginia Technology Council (NVTC) is pleased to report that fiscal year (FY) 2012 was another successful and highly productive year. Thanks to the leadership and vision of our Board of Directors and the hard work of NVTC’s staff and volunteers, we were able to provide a variety of valuable programs and benefits to our member companies and the technology community, including: • The best in networking opportunities by hosting more than 130 events and meetings – from large-scale “sig- nature” events to smaller committee-level events and meetings — all targeted to different audiences within our membership. NVTC has been, and continues to be, widely recognized as the networking giant of the region’s technology community. • A strong, proactive public policy advocacy presence in Richmond to help ensure that state policies and invest- ments represent the priorities of NVTC member companies and foster a pro-business environment that is supportive of the technology industry and statewide technology-based economic growth. NVTC’s priorities include enhancing tools to attract companies seeking to relocate and expand in Virginia and employing a comprehensive “grow our own” new company formation strategy. NVTC’s political action committee, TechPAC, bolsters the Council’s advocacy efforts at the state level by supporting General Assembly candidates and candidates for statewide office who champion issues of importance to the technology business community and economy. When an issue is critical to our technology community and NVTC has the ability to make a significant impact, NVTC takes positions on federal legislative, regulatory and administrative matters. • Education on subjects of interest to our member companies, ranging from specific knowledge imparted during our committee events to information, industry trends and breakthroughs shared at our large signature events. • A variety of committees that provide opportunities for members to connect and gain valuable knowledge and insight on issues of importance to member companies and industries, and to shape the professional development programs, projects and services that NVTC provides. NVTC had 16 committees and task forces during FY 2012 to meet the needs of the many audiences within our diverse membership. • A host of member benefit programs, which provide services that many of our member companies would have difficulty obtaining elsewhere in such a cost-effective manner. These services include the insurance programs of NVTC BeneNet, NVTC RiskNet and GovConRisk; Member Advantage; the Career Center @NVTC; and the services of the Principal Financial Retirement Group, Inova 360° Institute and PR Newswire. • Collaboration with technology industry organizations, including Memoranda of Understanding (MOUs) with the Professional Services Council, the Telecommunications Industry Association, and, through The Entrepreneur Center @NVTC, with the MIT Enterprise Forum. • A resource hub for technology-focused startups and entrepreneurs at every stage of their lifecycle through The Entrepreneur Center @NVTC. The Entrepreneur Center mentors the first-time entrepreneur, advises and supports the experienced entrepreneur, facilitates strategic business relationships in the technology community and fosters student entrepreneurship. • Philanthropy through NVTC’s charitable arm, the Equal Footing Foundation. The mission of the Foundation is to create an equal opportunity environment where underserved youth can access the technology and tools they need to compete in a skilled and educated workforce. This is accomplished by funding, launching and sustaining Computer Clubhouses via public-private partnerships. Today, the Foundation supports seven Computer Clubhouses in Fairfax and Fauquier Counties. • Branding of NVTC and Northern Virginia as a global technology center through the NVTC Techtopia Map, a special “Northern Virginia Technology Council: Empowering and Connecting Technology’s Innovators” section in Forbes magazine, media partnerships, advertising and other communications activities. • International business opportunities developed through meetings, events and hosting foreign delegations. NVTC’s unique mix of programming keeps members current on global trends in technology policy and the economy, and helps enable and facilitate international business that is beneficial to both the NVTC membership and the global community. This Executive Summary provides details on NVTC’s FY 2012 accomplishments related to these strategic programs and services. NVTC Annual Report Fiscal Year 2012 Accomplishments page 1 Membership, Budget & Staff NVTC remains firmly positioned as the largest and strongest technology council in the nation. NVTC serves about 1,000 companies from all sectors of the technology industry, as well as service providers, universities, foreign embassies, non-profit organizations and governmental agencies. Through its member companies, NVTC represents about 200,000 employees in the region. Our membership base ranges from the largest technology companies to small firms with one to nine employees. These small companies are young and entrepreneurial, and represent the continuing growth potential of our technology industry. Categories of Membership Size of Technology Member Companies By # of employees in region NVTC has been supported by a talented staff of 19 individuals and is headquartered in the CIT Building in Herndon. Membership benefits NVTC has always provided a variety of excellent benefits to its member companies. NVTC’s member benefit programs include: BeneNet — A group insurance program that offers NVTC members group medical, dental, life, disability, and retirement plans — and a streamlined process for obtaining rates and plan options for your company. RiskNet — The Property and Casualty insurance and risk management program for NVTC members. Members can access insurance products from the leading insurance companies for the technology industry, as well as risk management advice and support from industry experts. Principal Financial Retirement Group — The Services of the Principal Financial Group give our members access to affordable and scalable 401K plans. Member Advantage — NVTC’s Member Advantage program provides members with money-saving, member-exclusive discounts on a variety of valuable products and services while facilitating mutually beneficial business relationships between NVTC member companies. INOVA 360° Institute — NVTC members receive an exclusive discount on a comprehensive physical health exam and access to Inova VIP 360°, which offers convenient and nearly immediate access to a physician, combining the convenience of innovative subscription medicine programs with the world-class resources of Inova Health System. The Career Center @NVTC — The Career Center provides members the opportunity to post jobs and search resumes specific to the technology industry and our region. This unique, focused career center qualifies applicants before they are listed, taking away the need to sift through thousands of emails in order to find candidates with the right level of expertise and background for your company. PR Newswire — All NVTC members can now obtain discounts on many of PR Newswire’s services. PR Newswire is the world leader in text and multimedia news distribution. PR Newswire offers a full-time media relations staff dedicated to creating an audience for your news, unmatched customer service and a commitment to developing innovative products and services that help communications professionals work smarter and faster. page 2 NVTC Annual Report Fiscal Year 2012 Accomplishments Programs and Events NVTC held a wide variety of programs and events in FY 2012, ranging from smaller committee-level events to large-scale signature events such as the NVTC Titans Series. With member-driven content and outstanding networking, these events provide the information that our members want – and need – to stay ahead of the game in today’s competitive marketplace. The NVTC Titans Series featured an outstanding lineup in FY 2012, attracting 400–730 attendees per event. The Council hosted a roster of high-profile speakers, including: Steve Case Chairman, Startup America Chairman and CEO, Revolution Co-Founder, AOL Chairman, The Case Foundation October 14, 2011 Steve Ballmer CEO Microsoft April 19, 2012 Steve Appleton CEO Micron December 16, 2011 Dr. Ralph W. Shrader Chairman and CEO Booz Allen Hamilton June 13, 2012 Tech Celebration, NVTC’s Annual Banquet, continued to live up to its name as the premier networking event for the region’s tech community! At the November 2011 banquet, more than 750 technology executives gathered to hear the engaging keynote address from NASA Administrator Charles Bolden. In addition, Sen. Mark Warner and NVTC honored Booz Allen Hamilton, The MITRE Corporation and SAIC for their leadership of NVTC’s Arlington National Cemetery Task Force with the 2011 NVTC Chairman’s Award. The lead companies, along with task force co-chairs Bob Kahn of the Corporation for National Research Initiatives, and George Newstrom, formerly of Lee Technologies, were recognized for their leadership and generous pro-bono commitment of time, talent and resources to assessing and recommending solutions to Arlington Cemetery’s information technology and process challenges. As a highlight of the program, NVTC paid tribute to George Mason University President Dr. Alan Merten with the Earle C. Williams Lifetime Achievement Award, which is presented to a person whose lifetime professional and personal endeavors have made a significant impact on the Northern Virginia technology community. Dr. Merten retired from the GMU presidency in June 2012. p NASA Administrator Charles Bolden addressing the 750 attendees at TechCelebration. p The presentation of the 2011 Chairman’s Award to the NVTC’s Arlington National Cemetery Task Force Leaders. NVTC Annual Report Fiscal Year 2012 Accomplishments p Presentation of the Earle C. Williams Lifetime Achievement Award to Dr. Alan Merten. page 3 NVTC also presented the second annual NVTC/Washington Technology Government Contractor CTO Innovator Awards. The CTO Innovator Awards recognize chief technology officers within the region’s government contracting community for their critical contributions to achieving results for their customers and their leadership within their own companies. This year’s awards were presented to Tim Hoechst of Agilex Technologies in the small company category, Dr. H. Gilbert Miller of Noblis in the midsize company category and Neil Siegel of Northrop Grumman Information Systems in the large company category. p Dr. H. Gilbert Miller of Noblis, Tim Hoechst of Agilex Technologies and Neil Siegel of Northrop Grumman Information Systems, the 2011 Government Contractor CTO Innovator Awards Winners. Now in its 16th year, the prestigious NVTC Greater Washington Technology CFO Awards program, hosted by NVTC on June 4 with about 875 attendees, recognized CFOs, financiers and a lifetime technology leader for excellence in promoting the development of the region’s technology community. The 2012 platinum sponsor was Ernst & Young and the chair was Greg Kuykendall. This year’s winners were: Michael G. Devine Hall of Fame Award Steve Case, chairman and CEO of Revolution, co-founder of America Online and chairman of The Case Foundation Public Company CFO of the Year Paul Lalljie, Neustar Private Company CFO of the Year Michael Avon, Millennial Media Emerging Growth CFO of the Year Aaron Thompson, Contact Solutions p The 2012 NVTC CFO Award winners (L-R): Don Rainey of Grotech Ventures, Greg Kuykendall of Platinum Sponsor Ernst & Young, Paul Lalljie of Neustar, Michael Avon of Millennial Media and Aaron Thompson of Contact Solutions. Financier of the Year Don Rainey, Grotech Ventures NVTC’s other highly successful awards program, the Hot Ticket Awards, is scheduled for June 26 poolside at the home of NVTC President & CEO Bobbie Kilberg, where finalists and winners will be announced in the following categories: Hottest Bootstrap Hottest Buzz Hottest Company Culture Hottest Emerging Government Contractor Hottest Exit Hottest Management Team Hottest Startup Hottest Venture Capital Deal Republican presidential candidates Herman Cain and Mitt Romney addressed the Northern Virginia technology community during the 2011-2012 NVTC/ CEA Presidential Series in November 2011 and February 2012 respectively. NVTC and CEA also extended invitations to President Barack Obama, former Speaker of the House Newt Gingrich, Congressman Ron Paul, Gov. Rick Perry, and former Sen. Rick Santorum to address the region’s technology community as part of the series. page 4 NVTC Annual Report Fiscal Year 2012 Accomplishments The annual NVTC Golf Tournament, benefiting the Equal Footing Foundation, took place on September 19, 2011. Golfers enjoyed a day on the links at The Club at Creighton Farms in Aldie, Va., and this year’s tournament raised $20,000 for the Foundation. Francesco Romano of Sprint was the winner of the fourth annual John C. Lee IV Tech Cup Challenge, named for NVTC’s former chairman and awarded to the golfer with the best individual score. Jim Rogers of The College Board won first place in the second annual Stay and Play Poker event. In March, attendees from regional universities and technology companies gathered for the second NVTC University Technology Exhibition, to explore the incredible potential of technology transfer, commercialization, licensing, and research and development. During the event, researchers from the region’s universities participated in breakout presentations on cybersecurity, health IT/ biotechnology, sensors and energy. The event also included a trade show with exhibits from George Mason University; The George Washington University; James Madison University; Naval Research Laboratory; University of Maryland; University of Virginia; Virginia Commonwealth University; and Virginia Tech. The luncheon portion of the exhibition featured a panel, in which technology executives shared their companies’ experiences with university collaborations and best practices for developing successful partnerships. NVTC hosted several other events throughout FY 2012 to serve its members: • In March, NVTC hosted a Meet the Press event, where editors and reporters from the area’s top business and technology-focused publications. During the event, panelists participated in a discussion with attendees, answering questions and sharing tips on the best and worst ways to pitch a story, the best way to reach them and current hot topics of interest. • At New Member Orientation in March, NVTC members learned tips on how to maximize the value of their membership through committee involvement, sponsorship opportunities and participation in our exclusive member benefit programs. NVTC Board Member Mark Frantz of BlueDelta Capital Partners emceed the event. • Also in March, NVTC hosted a Lunch & Learn event with NVTC Board Member Todd Stottlemeyer, CEO of Acentia. The event offered a targeted group of 15 C-level executives from NVTC small business members the unique opportunity to network with their colleagues and learn from Stottlemyer’s diverse experience leading technology companies and organizations in our region. • On June 28, NVTC and Microsoft are scheduled to co-host a Technology Town Hall Forum featuring Virginia’s candidates for U.S. Senate, George Allen and Tim Kaine. The forum will provide NVTC members the opportunity to learn about the candidates’ views related to technology and business policy. committees & task forces NVTC Committees and Task Forces FY 2012 Business & Enterprise Architecture Business Development, Marketing & Sales Business to Government (B2G) Capital Formation: Meet the Capital Players Capital Formation: Private Equity CFO Forum Cybersecurity and Privacy Datacenter and Critical Technology Infrastructure Task Force General Counsel Health Technology International Small Business & Entrepreneur Smart Energy Social Media Technology Innovations Workforce & Education NVTC Annual Report Fiscal Year 2012 Accomplishments NVTC has a very diverse membership of companies. Our roster of 16 committees and task forces has provided education and networking opportunities for special interest and industry groups within the organization through events and meetings. We are always looking at our programs and services to revise them and add new ones to meet member needs. With this mind, the Cybersecurity and Privacy Committee launched this year with tremendous success. In May 2012, the Technology Innovations Committee hosted Destination Innovation, a fresh and fast-paced inaugural event that highlighted technology advancements emerging from our region and connected innovators from both large and small companies with parties interested in collaborating on technology development and job creation. The event kicked off with keynote remarks from Opower CEO and Founder Daniel Yates, and 21 companies gave five-minute presentations about their innovations and showcased their technologies to potential partners and investors on the exhibit floor. page 5 Communications Initiatives NVTC has also brought members several new Communications initiatives this year, all designed to provide valuable information and promote networking among NVTC’s members. We significantly expanded NVTC’s social media presence this year. In addition to our Facebook page, our Twitter feed (@NoVaTechCouncil) which has more than 1,650 followers, and the NVTC LinkedIn group, which now boasts more than 3,600 members and several subgroups for committees and public policy discussion, we began using YouTube as an additional method to upload and share NVTC event videos with members and Web users. We also continued our relationship with Gartner, the world’s leading information technology research and advisory company. As NVTC’s Research Provider, Gartner produces an exclusive monthly electronic newsletter for NVTC members, providing insight on emerging trends and technologies, opportunities in our industries and links to Gartner webinars for IT professionals and technology service providers. Gartner also shares recent research in a standing section of NVTC’s The Voice of Technology magazine. As part of our continuing efforts to brand the region as a global technology center, NVTC partnered with Forbes magazine this year to produce a special section showcasing NVTC and its members. The special “Northern Virginia Technology Council: Empowering and Connecting Technology’s Innovators” section ran in the March 26 issue of Forbes magazine, reaching more than 5.1 million readers worldwide. We continued our successful media partnerships with 1105 Government Information Group, SmartCEO magazine and Capital Business, the weekly business publication of The Washington Post, in FY 2012. In addition, NVTC promoted events and the benefits of membership through a new media sponsor, WAMU 88.5. To ensure that the NVTC website meets the professional needs of our members and is a valuable resource, NVTC redesigned the website home page, events page, newsroom and more, to provide more up-to-date and valuable content. In addition, NVTC has developed an online form for members to indicate their email preferences and interest in a variety of topics to better target all of our communications to your interests. nvtc techtopia map To help brand the region as a global technology center and to educate the business community and the general public about the number and diversity of technology companies in the region, each year we produce the NVTC Techtopia Map. The 2012 edition — our 13th — included more than 150 company logos, and we printed and distributed 3,000 copies of the map and accompanying calendar. The 2012 Techtopia Map was featured in a two-page spread in Capital Business in December 2011 and in the Winter 2012 issue of NVTC’s The Voice of Technology magazine, and it will be on the NVTC website for the remainder of the year. An interactive version of the Techtopia map was produced on the NVTC website (map.nvtc.org) and the map also was published in calendar format that breaks Techtopia down by region and highlights NVTC’s Equal Footing Foundation and its work month-by-month. For the 2013 edition, we are continuing to explore new, innovative marketing channels to distribute the map and for the fifth year, NVTC will donate a portion of the map proceeds to the Equal Footing Foundation! nvtc global resource map The NVTC Global Resource Map is an online resource for members that is geared both to technology companies with an established international presence, and to those that are interested in “going global.” The map, at online.nvtc.org/ international/map.cfm, features an interactive world map where users can locate NVTC member companies doing business in countries around the world. page 6 NVTC Annual Report Fiscal Year 2012 Accomplishments Legislative Affairs & Advocacy NVTC’s public policy advocacy efforts are among the most valuable and critical benefits of NVTC membership. NVTC has focused on state-level public policy advocacy since 1991, recognizing that Northern Virginia’s technology community needed a strong voice in Richmond. Our advocacy efforts have always been membership driven and focused on the technology industry’s interests. NVTC legislative successes in Richmond have helped to elevate Virginia as a global technology center. NVTC reports on our policy advocacy efforts during the year via our TechPolitic eNewsletter, on Twitter at @NVTCTechPolitic and on our online public policy forum on LinkedIn. While NVTC’s Four Year Vision drives the organization’s overall advocacy efforts, NVTC’s specific legislative priorities for the 2012 Legislative Session were outlined in a letter to policymakers before this session began. NVTC maintained a full-time presence in Richmond throughout the 2012 legislative session, serving as the voice for Northern Virginia’s technology community. NVTC’s advocacy was supplemented with personal visits to Richmond by NVTC Board members and other technology leaders from our membership. In addition, many more NVTC members provided ongoing advice and feedback throughout the session via NVTC’s weekly legislative conference calls and NVTC’s online public policy forum on LinkedIn. GENERAL ASSEMBLY SESSION During the 60-day long session, the General Assembly tackled more than 2,000 bills and resolutions related to a broad array of important issues, including Gov. Bob McDonnell’s legislative initiatives addressing job creation and economic development, research and innovation, government reform and education. The General Assembly approved several NVTC priorities that will ensure that Virginia remains a top state for business and a global technology center, including passing legislation that expands data center incentives and extends Virginia’s technology investment tax exemption and telework tax credit. NVTC is pleased to report the following important technology business accomplishments that resulted from action taken during the 2012 Legislative Session: Data Center Sales Tax Exemption Expansion Legislation to enhance Virginia’s statewide competitiveness in attracting data center jobs and investment by expanding Virginia’s current data center sales tax exemption to also include data center tenants. Capital Gains Exemption Extension Legislation extending Virginia’s capital gains exemption for investors in technology startups through June 30, 2015. The credit was set to expire on June 30, 2013. The exemption was initially passed in 2010 to boost Virginia’s competitiveness in attracting investors by providing a three-year 100 percent state capital gains tax exclusion for investment in qualified technology startups. Telework Tax Credit Extension Legislation extending the telework tax credit for employers through December 31, 2016. The credit was set to expire December 31, 2013. The General Assembly first enacted this tax credit in 2011 with strong NVTC support to assist companies in defraying costs associated with establishing or expanding a telework program. Virginia’s Representation on the Metropolitan Washington Airports Authority (MWAA) Board Legislation providing Virginia greater representation on the Metropolitan Washington Airports Authority (MWAA) Board, in line with recently enacted federal legislation. NVTC Annual Report Fiscal Year 2012 Accomplishments page 7 Virginia’s Veteran Workforce Legislation to assist Virginia’s veteran workforce by permitting service members to count their military training, education or experience in qualifying for occupational licenses or certification for state-regulated professions and also to require public colleges and universities in Virginia to award academic credit for educational experience gleaned from military service. NVTC will be actively participating this year in a governor’s working group, which will determine how best to address the needs of returning veterans and help them transition into Virginia’s workforce. Virginia Economic Development Partnership (VEDP) Board Legislation expanding the board of directors for the Virginia Economic Development Partnership (VEDP) by adding the Secretary of Technology and the Secretary of Agriculture and Forestry as voting members. Local Government Regulatory Flexibility for Defense Contractors Legislation authorizing a local government to provide incentives and regulatory flexibility to defense contractors located within a defense production and support services zone. The bill defines defense contractors as businesses primarily engaged in providing services in support of national defense. Mid-Atlantic Regional Spaceport Legislation instituting board and governance reforms for the Virginia Commercial Space Flight Authority and providing a mechanism for funding improvements through the Virginia Transportation Trust Fund. Research and Commercialization Funding The General Assembly approved $16 million in new funding over two years for the Commonwealth Research Commercialization Fund (CRCF). The CRCF supports research and commercialization activities in Virginia universities and also the private sector. It also supports the CIT GAP Funds, which invest in seed-stage firms and university spin-outs with a high potential for successful commercialization, rapid growth and downstream private equity financing. R&D Tax Credit Allocates $5 million in annual funding for Virginia’s refundable research and development (R&D) tax credit. Angel Investment Tax Credit Increases the annual cap to $4 million in annual funding to support Virginia’s Angel Investor Tax Credit to encourage continued investment in early-stage technology startups in the Commonwealth. Cybersecurity and Modeling and Simulation Initiatives Provides $2 million in new funding over the next two years to launch new cybersecurity and modeling and simulation initiatives to build upon existing initiatives by fostering innovative partnerships in Virginia, leveraging university and industry resources, and aligning assets with emerging and expanding outreach activities. Together, these two initiatives will provide a focused effort on further growing Virginia jobs and investment in these industry sectors. STEM Education As it relates to education, the Budget includes over $210 million in new funding for public colleges and universities including more than $28 million for incentive funding linked to specific initiatives including more science, technology, engineering and mathematics (STEM) graduates and distance learning. The budget includes: IT Academy $3 million over two years for an IT Academy to help grow Virginia’s STEM workforce through a formal online curriculum that prepares students to pass Microsoft industry certification exams. Through a statewide agreement, this curriculum has been made available to every high school student, their parents and all high school faculty and staff. SySTEMic Solutions $1 million in funding over two years to expand the Northern Virginia Community College’s SySTEMic Solutions workforce program beyond Prince William County/Manassas to include Fairfax, Loudoun, Arlington page 8 NVTC Annual Report Fiscal Year 2012 Accomplishments and Alexandria. SySTEMic Solutions is a collaborative arrangement among school divisions, higher education institutions and employers to develop a sustainable STEM workforce pipeline. STEAM Academy $200,000 for a feasibility plan focused on establishing a science, technology, engineering and applied mathematics (STEAM) residential school in Virginia. Thomas Jefferson High School $73,400 in 2013 supporting an additional 50 students at the Thomas Jefferson High School for Science and Technology Governor’s School. Recognizing that there are many federal trade associations who focus on federal technology issues, NVTC’s focus is mostly on state issues. We do, however, engage on some federal issues that could have a significant impact on our technology community. On behalf of our membership this year: • We continued to work with the Professional Services Council, TechAmerica, and the Business Coalition for Fair Competition to oppose efforts to insource federal contracts. • NVTC joined 30 organizations in signing a letter urging the U.S. House Appropriations Committee to uphold competitive sourcing and oppose insourcing. • NVTC signed a TechAmerica letter opposing federal legislation which had been introduced to impose new internet sales tax collection burdens on Internet businesses because the legislation did not contain a reasonable small seller exemption, a single point of audit, or a single, one stop registration process for technology businesses operating in multiple states. NVTC would have been supportive of legislation had it included these provisions. • NVTC joined PSC in signing a letter urging members of Virginia’s congressional delegation to oppose changes to the federal definition of “commercial items.” • NVTC joined other technology businesses and associations in supporting the Startup Act 2.0, legislation cosponsored by Senator Mark Warner which strives to support entrepreneurship in Virginia and the nation. NVTC’s professional legislative team is supported by our political action committee, TechPAC. TechPAC, created by the Board to bolster NVTC’s lobbying efforts at the state level and to provide Northern Virginia’s technology community with a louder and stronger voice in Richmond, has seen a steady increase in impact since its creation in 2001. TechPAC supports the interests of Northern Virginia’s technology community in Richmond and educates, identifies and supports pro-technology candidates throughout the state. TechPAC is nonpartisan and has a strong track record of supporting technology champions on both sides of the aisle. TechPAC has a dynamic Board of Trustees led by Chairman Dendy Young of McLean Capital. Dendy, in particular, has been tremendously focused and effective in building TechPAC’s size, clout and reputation. NVTC members have something to be very proud of in TechPAC. In 2011, all 140 seats in the House and Senate were up for re-election and trustees spent a great deal of time meeting with legislators and educating them on issues of importance to Northern Virginia’s technology community. TechPAC contributed over $150,000 to pro-technology General Assembly candidates in the 2011 election. In 2012, TechPAC trustees have already been hard at work meeting with legislators in supporting NVTC’s policy agenda. NVTC Annual Report Fiscal Year 2012 Accomplishments page 9 The Entrepreneur Center @NVTC The Entrepreneur Center also hosted a variety of educational programs and networking events this year: THE ENTREPRENEUR CENTER@NVTC • The Entrepreneur Center continued to provide educational programs through the Kauffman Foundation’s FastTrac® TechVenture™ program, a 10-week entrepreneur training series that combines instruction from experienced business professionals, one-on-one business mentoring and peer learning, and helps participants to evaluate feasibility, identify target markets and create a business plan to communicate the opportunity to investors. The FastTrac program graduated a total of 28 companies this fiscal year. • In addition to the training program, Entrepreneur SOLUTIONS continued to match entrepreneurs with mentors and advisors. • The Entrepreneur Center continued The Power of Angel Investing, which is a series of education programs about angel investing, developed by the Kauffman Foundation and distributed by Angel Resource Institute with content provided by angel experts and angel group leaders from around the country. • The Small Business and Entrepreneur Event Series brought small businesses together with prime contractors to discuss teaming and subcontracting opportunities, provided a forum for government agencies to share information about their programs specifically geared toward smaller companies, as well as gave companies the chance to hear from successful entrepreneurs about building a business. • The Small Business and Entrepreneur Networking Series allowed entrepreneurs to interact with their peers and others in the entrepreneurial community in a fun and informal atmosphere. • Entrepreneur Spotlight provided entrepreneurs the opportunity to present their companies to a group of accredited investors. This program allows both experienced and potential new investors to hear the exciting and innovative ideas of startups pursuing seed funding. • The Entrepreneur Center is active in social media, using Twitter (@EntrepreneurCtr) to connect and educate entrepreneurs and startups in the region and promote upcoming events. • Finally, the Entrepreneur Navigator Awards honored the leaders in our community who have mentored and advised entrepreneurs and startups in the region. Awards went to the following organization and individuals: Navigator Award Wayne Jackson Sonatype 2012 Entrepreneur Navigator Award winners. u Organization Navigator Award CIT GAP Funds Lifetime Navigator Award John Backus New Atlantic Ventures page 10 NVTC Annual Report Fiscal Year 2012 Accomplishments equal footing foundation Established by NVTC Board members as a way to give back to the community through youth development and educational programs for underserved youth in Northern Virginia, The Equal Footing Foundation has experienced another extraordinary year marked by growth and excellence. The Foundation, led by chair Ellen Harrison and a dynamic Board of Directors, continues to deliver on its mission and build programs that positively affect the education and well-being of the children we serve. To date, EFF has seven Clubhouses in Fairfax and Fauquier Counties that directly impact 1,700 students a week. Among the countless large and small victories the Foundation has seen over the past year are the following highlights: • EFF sponsored six teams for the Botball Robotics Tournament with our Williston Team winning first place in the Alliance Challenge. In addition, this year, we sponsored our first all-female Botball team. • EFF sponsored 26 students to attend Space Camp at the Virginia Space Flight Academy. • Videos created by clubhouse students as part of the Adobe Youth Voices campaign were screened at the Microsoft store in Tysons Corner. In 2011, the Computer Clubhouse Scholarship was renamed Dan Bannister Computer Clubhouse Scholarship, in honor of the late Dan Bannister. Now in its 6th year, the scholarship continues to provide support and guidance to our clubhouse students post high school. Through the application process, EFF sees a direct correlation to clubhouse and academic successes. Scholarship applications doubled this year and more applicants expressed interest in pursuing STEM-related studies. This year, the EFF Board was able to expand its giving efforts to six deserving students. To date, EFF has awarded 13 scholarships to students attending universities and colleges. In addition to the quality programs and services provided to clubhouse students, the Equal Footing Foundation has expanded its corporate philanthropy partnerships and brought on new donors in this fiscal year. We have diversified our fundraising through new events and increased sponsor participation in existing events, such as the Fourth Annual Run! Geek! Run! 8K race in September 2011. EFF and its Board thank all the companies and individuals who have donated to the Foundation during the 2011– 2012 fiscal year. NVTC Annual Report Fiscal Year 2012 Accomplishments p Equal Footing Foundation Mott Computer Clubhouse students with Altyn Clark of TSI at the Botball tournament. p Equal Footing Foundation Clubhouse students at the Virginia Space Flight Academy on Wallops Island. page 11 Special Thanks to the nvtc fy 2011– 2012 Board of Directors officers Chair Brad Antle, Salient Federal Solutions Vice-Chair Sudhakar Kesavan, ICF International Vice-Chair James Sheaffer, CSC President & CEO Bobbie Kilberg, NVTC Treasurer Robin Lineberger, Deloitte Secretary Stacy Mendler Alion Science and Technology General Counsel Scott Hommer, Venable Public Relations Advisor Evan Weisel Welz & Weisel Communications board members John Allen, Bluestone Capital Partners Anne Altman, IBM Corporation John Becker, Approva Corporation Mike Bradshaw, Google John Burton, Updata Partners Matt Calkins, Appian Teresa Carlson, Amazon Web Services Ed Casey, Serco Craig Chason, Pillsbury Steve Cooker, Monster.com Marilyn Crouther HP Enterprise Services Karen Dahut, Booz Allen Hamilton Enrico Della Corna, PNC Bank Joe Doherty, ACS, A Xerox Company Nelson Ford, LMI Mike Golden, Wells Fargo Alex Gounares, AOL John Hagan BB&T Capital Markets | Windsor Group Ted Hengst, Harris Corporation Steve Hills The Washington Post Company Bob Johnson, Sprint Dan Johnson, General Dynamics IT Ray Johnson, Lockheed Martin page 12 Joel Kallett, Clearsight Advisors Bruce Klein, Cisco Systems Curt Kolcun, Microsoft Jack London, CACI International Michael Maiorana, Verizon Wireless Mark McLaughlin, Verisign Kyle McSlarrow, Comcast Corporation Alan Merten, George Mason University Linda Mills, Northrop Grumman Information Systems Richard Montoni, MAXIMUS J.D. Myers, Cox Communications Raj Narasimhan, Micron Technology Phil Norton, ePlus Oscar Osorio, Grant Thornton Kevin Parker, Deltek Systems Sterling Phillips, GTSI Rob Quartel, NTELX Rene Salas, Ernst & Young David Schaefer, AH&T Insurance Brad Schwartz, Blue Canopy Matthew Schwartz, KPMG Kim Shanahan, Korn / Ferry International Jean Stack, Houlihan Lokey Charles Steger, Virginia Tech Pete Stevenson, Latisys Dennis Stolkey, HP Enterprise Services Sean Stone, Silicon Valley Bank Todd Stottlemyer, Acentia Lydia Thomas, Noblis Marta Wilson Transformation Systems Inc. honorary members Jack Dale, Fairfax County Public Schools Gerald Gordon, Fairfax County EDA Ellen Harrison, Equal Footing Foundation Peter Jobse, CIT Gary Pan The Entrepreneur Center @NVTC Gary Shapiro Consumer Electronics Association senior advisory group Greg Baroni, Attain Mark Bisnow, Bisnow on Business Bob Dinkel, Pierce Capital Partners Mark Frantz BlueDelta Capital Partners Deepak Hathiramani, Vistronix Hooks Johnston, Valhalla Partners Bob Kahn Corporation for National Research Initiatives Steven Knapp The George Washington University Jim LeBlanc, Unity Resources Group Paul Leslie, Dovel Technologies Inc. Paul Lombardi, INpower Lisa Martin, Leapfrog Solutions Warren Martin Argy, Wiltse & Robinson Duffy Mazan, Second Venue LLC John Mendonca, KPMG (Ret.) George Newstrom, Dell Len Pomata Gerald Rubin Janelia Farm Research Campus of the Howard Hughes Medical Institute John Wood, Telos chairmen emeriti John Backus, New Atlantic Ventures Ed Bersoff, ATS Corporation Kathy Clark Mike Daniels, SAIC John C. Lee IV, Lee Technologies David Lucien, DCL Associates Donna Morea, Adesso Group Sudhakar Shenoy, IMC Matthew Shank, Marymount University Mark Stauder, Inova Health System Bob Templin Northern Virginia Community College Earle Williams Dendy Young, McLean Capital NVTC Annual Report Fiscal Year 2012 Accomplishments nvtc Thanks its Business Partners
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