Monday, June 7, 2010

Ceremonies Launch Clean Energy Venture

Two gentlemen from Ohio inked a partnership Sunday that they say could help create more than 2,000 sustainable jobs over the next decade in the Mahoning Valley. Today, the pair will affix their signatures again, this time on a document co-signed by an incubator in Israel that will work with them to enhance technological innovation in Northeast Ohio.

Scott, president of Applied Systems and Technology Transfer, Utah, and Garvey, president of M-7 Technologies, Youngstown, signed the agreement during a press event at Youngstown State University's Moser Hall. Their new partnership, Ohio Clean Technologies Group, is designed to facilitate and bring to market high-tech applications related to alternative and "clean" energy.

"There's a tremendous need for companies looking for industry partners, government contracts and final validation for their technology," Scott said. "Our company identifies these companies and works with them to get the resources they need, find the assistance they need to take those technologies to commercialization and to create jobs here."

Scott explained that the relationship with LN Technologic -- the Israeli incubator that Ohio Clean Technologies will sign a cooperative agreement with this afternoon -- began in January when the pair visited Israel as part of a delegation that included the mayors of Youngstown and Warren, local business leaders and representatives of the Youngstown/Warren Regional Chamber.

"Some of the most innovative technologies we've seen have come out of Israel," Scott said. "What they've done is partnered with their defense department." That relationship, he continued, has helped create new technological applications that transcend military use and are adopted by the private sector rapidly. "Their defense department is key to the development and commercialization of technology," he said.

Advances in laser technologies, remote sensors, wind and solar cells are among the initiatives under development at LN Innovative Technologies. "We want to create a link with the Israeli incubator companies and identify and transfer those technologies back here," Scott noted.

The goal is to incorporate the expertise at nearby universities such as YSU, Akron University and Kent State University, and the cluster of small technology companies housed in the Youngstown Business Incubator.

Ohio Clean Technologies is in the final stages of negotiating a lease for 20,000 square-feet of office and manufacturing space at the Ohio Works Business Park, which would serve as an interim location until the group constructs a building of its own, Scott said. The long-term objective is to acquire 10 acres next to M-7 Technologies at the park and build a multipurpose center to test and help bring to market alternative energy efforts.

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