Oak Ridge Today

Safety Fest TN to open with panel on regional workforce development

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The opening session for Safety Fest TN this year will feature a panel on regional workforce development.

The kick-off event is from 8:30-11 a.m. Tuesday, April 30, at the New Hope Center at Y-12 National Security Complex.

That opening session will include a discussion by influential educators and employers on regional workforce development challenges, a press release said. The panel will be called, “Facing Future Workforce Development Needs Today.”

“Panelists will discuss the challenges associated with attracting, hiring, and retaining the brightest and best of all skill levels to our region while exploring approaches they are implementing to meet those challenges,” the press release said.

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Tech 2020 winding down operations; Pro2Serve among its success stories

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Technology-2020-Jan-27-2016

The board of directors for Technology 2020, which is located in Commerce Park in south Oak Ridge, voted Tuesday, Jan. 26, 2016, to wind down operations after more than two decades. (Photo by John Huotari/Oak Ridge Today)

 

Tech 2020—a nonprofit organization that counts Pro2Serve, a technical and engineering services firm, as one of its early success stories—announced last week that it is winding down operations after more than two decades.

Facing increased financial pressures, the Tech 2020 Board of Directors voted Tuesday, January 26, to begin an orderly process to wind down their operations, a press release said. The organization has been focused on technology-based economic development activities in the Knoxville-Oak Ridge region.

Tech 2020 once had 12 to 15 employees or more, but it is now down to less than five full-time employees, said Tom Ballard, past Tech 2020 chair and longtime Executive Committee member who was on the founding board. The organization has one building at Commerce Park in south Oak Ridge and manages a second building, an entrepreneurial center, for the City of Oak Ridge.

Tech 2020 was established in 1994 in Oak Ridge with significant grants from BellSouth, now part of the AT&T enterprise, and others, the press release said. The organization’s initial focus areas were telecommunications and entrepreneurship. One of its early creations was Digital Crossing Networks LLC, which is located in downtown Knoxville.

Pro2Serve is another success story, Ballard said. The company went from a home office to the Tech 2020 building to headquarters in the National Energy Security Center in the Oak Ridge Science and Technology Park at Oak Ridge National Laboratory. The company now has more than 350 employees. [Read more…]

Kragenbrink named president, CEO of Tech 2020

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Kevin Kragenbrink

Kevin Kragenbrink

Kevin Kragenbrink, who has been serving as interim executive director of Tech 2020, has been named president and chief executive officer, a press release said.

Kragenbrink is the co-founder and CEO of Estrada Strategies Inc. He stepped away from his day-to-day responsibilities at the coaching and consulting organization in early November to accept the interim role at Tech 2020, the press release said. He assumed the top position following the resignation of John Morris.

Both Kragenbrink and Tech 2020 Board Chair Teri Brahams acknowledged that what was originally viewed as a role for not more than six months has evolved into a longer term relationship. [Read more…]

Tech 2020-led team receives $250K grant for investment capital effort

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Tech 2020 Logo

A proposal team led by Technology 2020, or Tech 2020, in Oak Ridge has received a $250,000 federal grant to create a seed capital fund. The goal is to establish a permanent source of professionally managed, seed-stage investment capital focused on technology-generating institutions, entrepreneurs, and young companies in Tennessee, a press release said.

The grant was announced this week by U.S. Secretary of Commerce Penny Pritzker.

Tech 2020 led a proposal team that included Memphis Bioworks Foundation, Meritus Ventures, and Innova Memphis. The team proposed to create the “TennesSeed Fund.”

The TennesSeed Fund team will receive the $250,000 grant, and it will be supported by Meritus and Innova to conduct an assessment of best practices, and then organize and launch a new seed fund focused on “proof of concept” financings in Tennessee. The initial focus of investments will be intelligent and sustainable transportation and logistics, which is an industry cluster where Tennessee has a competitive advantage bolstered by strong research, development, and commercial activity, a press release said. [Read more…]

AC Chamber Council starts discussions on educational resources, workforce needs

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Randy Boyd

Randy Boyd

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CLINTON—Leaders from business, local, and post-secondary education across Anderson County gathered at the Hollingsworth Center for Entrepreneurial Leadership on Tuesday for an Anderson County Workforce Development Training Resources Luncheon hosted by the Anderson County Chamber of Commerce Education and Workforce Development Council. The council plans for this to be the first of a series of in-depth county-wide discussions about how to ensure that our educational resources are focused at meeting the businesses workforce needs in Anderson County.

Randy Boyd, Governor Bill Haslam’s special adviser on higher education, spoke about Tennessee’s “Drive to 55” initiative and the five main aspects to this statewide initiative: get students ready, get them into school, get them out of school, finish what we started with adult students, and tie education directly to workforce needs.

“There are nearly a million Tennesseans that have some college credit but no degree—that’s an untapped pool of people that we can get to complete a certificate or degree,” Boyd said. [Read more…]

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 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.

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