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February 16, 2005
STUDENT PROGRAM: "You did what when you were how old?" ....success stories of companies started right out of school |
At 4:30 PM, the program kicks off with local, young entrepreneurs who
began pursuing their dreams right out of college. Rich Linuk, the newly
named President & CEO of Innovation Works will moderate the
discussion and describe the ways IW can help fund such ventures. The
panel of local entrepreneurs includes:
Tim Burns, President of TechRx
Gautam Gandhi, President of ClearCount Medical Solutions Inc.
Mona McGraw, President of NuRelm
Luke Skurman, CEO of College Prowler
At 6:30 PM, the main event will feature one of MIT’s brightest
stars – Ian Eslick, who graduated from MIT in 1996 with a Bachelor and
Masters Degrees in Electrical Engineering and Computer Science. Jessica
B. Lee, local advisor to early-stage and emerging growth businesses and
founder of the weekly Entrepreneurial Thursdays program in Pittsburgh,
will introduce Eslick and field questions from the audience after his
keynote address.
Eslick and two fellow MIT alumni founded Silicon Spice, Inc., a
communications company commercializing technology based on work done
for a school project. The company’s innovations drove a shift in the
telecommunications market by delivering radical improvements in the
economics of large-scale, carrier-class packet voice transport. After
raising over $90 million in capital, his 120-person corporation was
acquired by Broadcom Corporation in 2000 for $1.2 billion.
During the networking session from 5:30 to 6:30 and continuing
after Eslick’s address, the audience will have the opportunity to
network with some of the region’s most innovative business executives
who mentor, encourage, and in many cases, hire those students. The
knowledge and networking opportunities gained through this event will
also empower students to act on their energy, ideas, and talent to
contribute to – or even produce – tomorrow’s leading entrepreneurial
ventures.
Steve Franks of the Pittsburgh Technology Council will introduce
the Tech Council’s program for students and be available throughout the
evening to discuss their programs.
Virginia Flavin Pribanic, chair of MIT Enterprise Forum of
Pittsburgh, is convinced that the key to this region’s success will be
our ability to bring together diverse communities with a common agenda
– the desire to create new ventures.
“The Forum is comprised of an extraordinary audience – a seasoned
community – with the expertise to support incredible growth. Combine
this strength with the energy and innovation of our colleges and
universities, and you have a remarkable force for success that will
become the basis of this region’s new economy. The lessons learned in
the classroom literally come to life when we bring these students to
the Forums. Students network with experienced entrepreneurs who have
built companies; with those who fund ventures; with legal, marketing,
accounting experts and more – all of whom are eager to help promote
start-ups in this region.”
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| Event Type: |
Student Program |
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| Panelist: |
Rich Lunak| Biography | Rich Lunak is an experienced entrepreneur who helped lead a three-person, local start-up, Automated Healthcare, to a $65 million acquisition by McKesson Corporation, the nation’s 16th largest company. Rich was a key executive during the company’s earliest stages, helped raise $13 million in financing, oversaw the commercialization of multiple products, managed the company through rapid growth in sales and employees, and created a smooth transition when acquired by McKesson. As Group President, McKesson Automation, Rich led five autonomous business units which created and maintained nearly 500 local engineering and manufacturing jobs and employs more than 1,600 nationally. He was responsible for acquiring new technologies and the design, development and rollout of numerous robotic, automated and software products that are installed in leading healthcare providers across the country and around the world.
A technologist as well as an entrepreneur, Rich Lunak received a Bachelor’s Degree in Electrical and Computer Engineering from Carnegie Mellon, a Master’s Degree in Business Administration from the University of Pittsburgh, and holds several U.S. patents. He is a guest lecturer at the University of Pittsburgh and Carnegie Mellon and is a member of the Board of Directors of the Pittsburgh Technology Council, the Technology Collaborative (previously the Pittsburgh Robotics Initiative), and serves on the Carnegie Mellon School of Engineering Advisory Board. |
Moderator
President & CEO
Innovationworks
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Jessica B. Lee, J.D.| Biography | For over ten years, Jessica has advised early-stage and emerging growth businesses as an investment banker, outside general counsel and business/investment counsel, and institutional venture capital investor with an emphasis on the financial, technology and life sciences sectors. She has served as an advisor to, and as an executive/entrepreneur-in-residence with, both institutional investors and with early-stage and emerging growth businesses on matters such as strategic planning, business development, securities regulatory compliance, financing strategy, business combinations and joint ventures, corporate partnering, facilitation and mediation, and human capital.<br><br>Prior to founding her own firm, Ms. Lee had served as a partner at the financial and business law firm of Santone, Sweat & Passarello, LLP; and, prior to that position, as an associate in the Business and Finance Law Department of Titus & McConomy, LLP (formerly Cindrich & Titus). Jessica holds a J.D. from the Duke University School of Law, and a B.A. from Duke University, both in Durham, NC.; has been trained as a facilitator and mediator of management team and business matters through the National Association of Securities Dealers (NASD) Business Mediation Training Program; is a member of the American Bar Association licensed to practice in Pennsylvania and before the U.S. Tax Court; and holds the following investment advisory and investment banking National Association of Securities Dealers licenses: Series 7, 24, 63, and 65. |
Moderator
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Mona McGraw| Biography | Mona McGraw is President and Co-Founder of NuRelm, Inc. NuRelm is a profitable 4-year old Internet software and E-business solutions firm headquartered in Uniontown, PA. NuRelm is an Innovation Works portfolio company that has also received investments from the CL Fund, Endeavor Capital Management, and Fay-Penn Economic Development Council.
Mona holds an M.S. in Business Administration and two undergraduate degrees in Marketing and English. Prior to founding NuRelm, she held management and business development positions at Kaiser Permanente and IDX. Mona was recently appointed by Governor Rendell to serve on the PA Workforce Investment Board. She also serves on the Pittsburgh-based Tech Action GroupBoard of Directors, an advocacy group made up of Pittsburgh area CEOs of rapid growth technology firms. |
President
NuRelm
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Gautam Gandhi| Biography | Gautam Gandhi along with Steve Fleck are the co-founders of ClearCount Medical Solutions. My vision in graduate school was to become an entrepreneur that would also make a social impact. When we first heard about the problem of retained surgical sponges and instruments, we were both appalled. My partner and I got together and thought there must be a better way for nurses to track these items than the current system of manual counting. Conceptualized in an entrepreneurship course project, ClearCount became a funded company soon after graduation.
Gautam Gandhi and Steve Fleck are both recipients of the Roseman - Canfield Entrepreneur of the Year from the Tepper School of Business. Gautam Gandhi has a worked previously for Microsoft, Fidelity Investments and also has a B.S. in Information Decision Systems and Industrial Management from Carnegie Mellon University. Steve holds a degree in Applied Physics and Bioengineering from Cornell University and has worked for CardiacAssist and Boehringer Laboratories. |
ClearCount Medical Solutions Inc.
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Michael Kobold| Biography | Michael Kobold was born in Frankfurt, Germany into a family of entrepreneurs. Despite strong doubts from school officials, he graduated with exemplary marks from Frankfurt International School, having completed the rigorous International Baccalaureate (IB) Program. He attended Carnegie Mellon University in Pittsburgh, where he graduated after just three years with a Bachelor of Science degree in economics.
Mr. Kobold is an avid entrepreneur, having launched more than a dozen ventures. His first company was a not-for-profit organization that sells candy to students in an effort to raise funds for extra-curricular school activities. The successful operation of this company, CSFRC, was taken over by Frankfurt International School. For two years he worked as an assistant driving instructor at an elite driving school in Germany, specializing in anti-terrorism tactical driving. He also founded Kobold Watch Company, which manufactures wristwatches for professional use. The company‚s products are regarded by the international watch press as being among the world‚s top ten in their class and rival those of Rolex, Breitling, Omega, and IWC.
A frontrunner in the industry‚s technological advancements, the Kobold Watch Company was the first and only watch company to sell its products factory direct via the Internet. The website was also a pioneer in launching its three-dimensional technology and virtual assistant, Chloe. |
Founder
Kobold Watch Company
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Ian Eslick| Biography | Ian graduated from MIT in 1996 with a Bachelor and Masters Degrees in Electrical Engineering and Computer Science. Jessica B. Lee, local advisor to early-stage and emerging growth businesses and founder of the weekly Entrepreneurial Thursdays program in Pittsburgh, will introduce Eslick and field questions from the audience after his keynote address.
Eslick and two fellow MIT alumni founded Silicon Spice, Inc., a communications company commercializing technology based on work done for a school project. The company’s innovations drove a shift in the telecommunications market by delivering radical improvements in the economics of large-scale, carrier-class packet voice transport. After raising over $90 million in capital, his 120-person corporation was acquired by Broadcom Corporation in 2000 for $1.2 billion.
Today, Eslick is a research affiliate of the MIT Computer Science and Artificial Intelligence Laboratory and a graduate student at the MIT Media Lab working on a research program that aims to dramatically increase the effective intelligence of the human-computer interface as well as deepen our understanding of human cognition. |
Speaker
MIT Entrepreneur
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Joey Rahimi| Biography | Joey oversees all online marketing, book production, and fulfillment and is the glue that holds College Prowler together. Joey has excellent intuition which guides him and makes him an amazing business man who is constantly wearing more than one hat. Joey has a rare blend of culture, education and experience. Joey is the ultimate at understanding a problem and dissecting it in order to find the most optimal strategy and then is able to teach and guide everyone around him. He holds a BS from Carnegie Mellon and is from Manhattan. |
Chief Marketing Officer
College Prowler
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Watch for details for the 2008 – 2009 Program Season to be announced later this summer.
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