Oak Ridge Today

Tech 2020 announces interim CEO

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David Snider, the chief financial officer for Tech 2020, will serve as interim chief executive officer effective October 1, succeeding John Morris, who recently resigned.

The agreement was announced Tuesday by Tom Rogers, chair of the Tech 2020 board of directors.

Snider has been with Tech 2020, a nonprofit regional venture development organization, for 14 years as CFO. He will maintain his duties as CFO and fulfill the role of interim CEO until a new, permanent CEO can be recruited and hired, the press release said. [Read more…]

Tech 2020 president resigns

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John Morris

John Morris

Technology 2020 President and Chief Executive Officer John Morris has announced his resignation effective September 30. He has worked at Tech 2020 since December 2008, and has served as president since 2011.

“I value the time I have spent around Tech 2020, first as an entrepreneurial client company, then as the director of the Center for Entrepreneurial Growth director and later as CEO,” Morris said in a press release Thursday. “This was not an easy decision, but I am an entrepreneur at heart, and I want to return to direct involvement with startups.”

Tech 2020 is the region’s venture development organization, working to help new technology-based companies start up and flourish. The organization supports the technology commercialization efforts at Oak Ridge National Laboratory and the University of Tennessee, and is currently working with more than 30 client businesses at various stages of growth. Tech 2020 also manages a large federally-funded advanced manufacturing project, serves as the headquarters for Meritus Ventures and the newly established Lighthouse Angel Fund, and leads the state’s FIRST Robotics Program and the Regional Advanced Manufacturing Partnership. [Read more…]

Picture: Rep. Fleischmann visits Tech 20/20 to recognize global ranking

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Chuck Fleischmann Visits Tech 20/20

Chairman-Elect Tom Rogers, President and CEO John Morris, Congressman Chuck Fleischmann, and Chairman of the Board David Bradshaw discuss Tech 20/20’s recent ranking as one of the top university business incubators in the world. (Submitted photo)

U.S. Rep. Chuck Fleischmann visited Tech 20/20 to congratulate the Oak Ridge venture development organization for its global ranking in managing new business incubators.

Sweden’s University Business Incubator (UBI) Index listed Tech 20/20 the fourth-best in the U.S. and in the top six worldwide in managing business incubators for value contributed to their clients and community, and overall performance. [Read more…]

TVC Summit next week includes House majority leader

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Eric Cantor

Eric Cantor

Submitted

Business, community, and political leaders and senior decision-makers will convene at the 2013 Tennessee Valley Corridor Summit next week to discuss issues that are critical to the economic engine of the Tennessee Valley, a press release said.

Hosted by Third District Rep. Chuck Fleischmann, the two-day meeting themed “Securing America’s Future” will focus on energy and environment, innovation and entrepreneurism, public and private partnerships, and advanced manufacturing, the release said.

The Summit will be held at the Y-12 National Security Complex’s New Hope Center in Oak Ridge on May 29-30. [Read more…]

Tech 20/20 announces new board officers, members

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Tech 20/20 recently elected new officers and members to its board of directors.

David Bradshaw, president of CapitalMark Bank and Trust, is the 2013 board chair of the Board. Bradshaw succeeds Fred Tompkins, the director of Oak Ridge Operations for the University of Tennessee.

Tom Rogers, director of Industrial and Economic Development Partnerships at Oak Ridge National Laboratory, is the chair-elect for 2014.

[Read more…]

CROET moves headquarters to Commerce Park

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The Community Reuse Organization of East Tennessee is moving its headquarters across town to the Commerce Park, where the economic development organization will share a building with Tech 20/20.

CROET has been located at the U.S. Department of Energy Oak Ridge Office building complex on Laboratory Road for years, and Tech 20/20 has had its headquarters at 1020 Commerce Drive.

In a press release, John Morris, Tech 20/20 president and chief executive officer, said the collaboration between the two economic development organizations brings his career “full circle.”

“In 1996, CROET helped launch one of my start-up companies, Net Learning, with a $100,000 seed loan that served as a catalyst to launch the business,” Morris said. “They were there when we could not get traditional funding, and now I’m excited to have the opportunity to continue to strengthen the partnership between Tech 20/20 and CROET. By being co-located, we will build upon the great relationships we’ve had for years to leverage opportunities and help other businesses and start-ups in non-traditional ways.”

The press release said the partnership between CROET and Tech 20/20 has played a key role in economic development in Oak Ridge, with projects including the Center for Entrepreneurial Growth’s accelerator fund and the Halcyon Commercialization Center at Oak Ridge National Laboratory.

[Read more…]