Athens : Buzz

ATHENS, Ohio (April 11, 2013)—Six Ohio University students shared the $10,000 grand prize of the inaugural Scripps Innovation Challenge on April 11 after presenting their idea for a mobile alarm clock app designed to encourage young people to consume news.

Broadcast journalism seniors Devin Bartolotta, Matt Digby, Glenn Janos, Leah Petrovich, Sarah Tranelli and management information systems junior Ryan Vibbert collaborated to design an app that would allow users to receive targeted news on their mobile devices at their desired time of day. Their challenge – to Craft a Strategy to Get More Young People to Consume News – was submitted by Ogden Newspapers.

“It started out as a class project and, as the idea developed, we realized it could be so much more,” said Tranelli. “We felt really confident about our idea and hoped we could come in here and get the judges to believe in it. Our professor, Mary Rogus, was behind us every step of the way, and we thank her.”

The Scripps Innovation Challenge, a campus-wide contest sponsored by the Scripps College of Communication, provided the opportunity for students to innovate creative solutions to actual challenges from the media industry.

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NineSigma, Inc., of Cleveland, the leading innovation partner to organizations worldwide, today announced several new clients they will work with under the Ohio Third Frontier Open Innovation Incentive (OII) Program. As part of the program, NineSigma received a grant from the State of Ohio to help middle market companies, with revenues between $10 million and $1 billion, leverage Open Innovation strategies.

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Johnathan M. Holifield, NorTech’s Vice President of Inclusive Competitiveness affirmed, “This potential game-changer for Ohio is an economic competitiveness imperative.  Ohio must cultivate a larger, more diverse and inclusive STEM pipeline to produce more job-creating entrepreneurs.  This program will accelerate those efforts.”

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A new scholarship program is being launched to encourage Ohio students to become high-tech inventors and entrepreneurs.

Believe in Ohio will be a youth commercialization and entrepreneurship program offering incentives for achievements in science, technology, engineering and mathematics (STEM).

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In 1804, Ohio University became the first university established in Ohio. The ninth oldest public university in the United States, OU set up camp in Athens, Ohio, and the 20,000 students who call it home each year swell the population of the city only to leave once summer arrives.

But not Geoff and Michelle Greenfield. After completing their master’s degrees at OU, the couple decided to make Athens their home. They installed some solar systems on their off-the-grid home in 1997, and the community took notice. People started inquiring about how they did it and if they would help on new projects. What started out as a hobby job grew organically into a small solar business for the Greenfields.

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Ohio University students will compete for $20,000 in cash prizes with the mid-January kick off of the Scripps Innovation Challenge, one of the nation's most unique contests to come up with creative solutions to problems posed by media companies. Click here for more information.

To its advocates, crowdfunding is a way for capital-starved entrepreneurs to receive financing that neither big investors nor lenders are willing or able to provide. To others, it represents a potential minefield that could help bad businesses get off the ground before they eventually fail, and in some cases could even ensnare unsophisticated investors in outright fraud.

Those fears are partly why the Securities and Exchange Commission has delayed rules allowing crowdfunding that were supposed to take effect this month as part of the JOBS Act (Jump-Start Our Business Start-Ups), signed by President Obama last April. The S.E.C. is wary of loosening investor protections that have been in place since the 1930s.

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Ohio rose to 33rd from 38th and Michigan remained at No. 47 in Forbes’ new list of “Best States for Business.” The rankings, at forbes.com/best-states-for-business, compare the states in six categories.

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Innovation and entrepreneurship are the engines of economic growth. For decades now, cities and communities across the United States have tried to infuse themselves with those two properties by emulating Silicon Valley, a never-ending quest to become the next Silicon Somewhere.

Brad Feld’s terrific new book, Startup Communities, takes us inside the real ecologies of innovation and entrepreneurship. Feld, co-founder of venture capital firm Foundry Group, serves on the boards of numerous high-tech companies. He recently chatted with Cities about his new book.

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A national study on high-tech jobs released Thursday shows that Ohio is quickly establishing itself as a hub of high-tech job activity. The Buckeye State is home to three of the top 25 cities for tech job growth -- more than any other state.

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Recently, FirstEnergy Corp. of Akron recommended to the Ohio Legislature changes to Ohio's energy efficiency portfolio that would essentially freeze the energy efficiency mandate found in Senate Bill 221 at current levels. As currently written, Senate Bill 221 calls for Investor Owned Utilities (IOUs) to undertake energy efficiency improvements by 2025 equal to 22% of 2008's energy consumption. FirstEnergy's proposed changes would end the mandate at the less than 3% cumulative reduction required to date.

Ohio's Legislature should consider carefully any request to alter Ohio's course on energy efficiency. For many reasons, a reduction in the energy efficiency goal does not appear to be a good idea at this time.

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Chrysler Group LLC is hiring more than 1,100 new workers at its sprawling Toledo, Ohio, manufacturing complex. JPMorgan Chase & Co. (JPM) is looking for hundreds of bankers in Columbus. And the Cleveland Clinic has been adding registered nurses at such a clip that it rented out the Cleveland Browns football stadium for a job fair.
Long an emblem of rust belt decay and despair, Ohio is now outpacing the national economy.

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