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Novomer, Inc. Sells Breakthrough Technology for $100 Million

Novomer, Inc. was the first pre-revenue company that TCAD  pr ovided a loan to through the loan fund (they paid off their loan in full).  TCAD also assisted them in securing a $150,0 00 grant from New York State to set up their first lab space here in Ithaca.  Recently, Novomer sold their breakt hrough ConvergeĀ®  polyol  technology and associated operations to Saudi Aramco at a value of up to $100 Million.

ConvergeĀ® is manufactured from and contains a significant portion of Carbon Dioxide (CO2). The technology provides a high-performance, cost competitive and more sustainable alternative to conventional petroleum-based polyols that are used in Coating, Adhesive, Sealant, and Elastomer (CASE) applications which feature in high-value, high-demand end-products, including within the flexible and rigid foam manufacturing segments. Applications cover a broad spectrum from automobile seats to building insulation panels.  Press Release

Finger Lakes Regional Prosperity Network Forum a Success!

The Finger Lakes Regional Prosperity Network (FLRPnet) hosted a forum, Regional Prosperity: Collaboration Across Boundaries, on October 25th in Watkins Glen. Eighty people from twelve rural counties participated. 

Keynote speaker Leslie Schaller inspired the gathering with a vision of regional networking to leverage prosperity based on her work with ACEnet in rural Ohio. Five panelists whose programs serve multi-county regions discussed the benefits of working across a large rural region. 

The heart of the forum was the breakout sessions where groups of participants explored ideas and suggested issues that need collaborative solutions.  Top ideas included: 
  • Branding and marketing the Finger Lakes region
  • Building leadership coalitions to strengthen the economy
  • Mapping our food sector resources to build an effective incubation program.
For more information got to:  

Congratulations to Dr. Luvelle Brown, TCAD Board Member, and New York State Superintendent of the Year for 2017!

Luvelle Brown Named 2017 New York State School Superintendent of the Year 

The New York State Council of School Superintendents announced that Superintendent Dr. Luvelle Brown of the Ithaca City School District has been named the 2017 New York State School Superintendent of the Year.

"This is a well-deserved honor for Dr. Brown as he has delivered on his promises," said ICSD Board of Education President Robert Ainslie. "The amazing results and transformation in our school district are evident for all to see." Dr. Brown was appointed as the ICSD superintendent in 2011. He worked collaboratively with the community to establish a vision of "6000+ Thinkers" and a mission to "Engage, Educate, Empower." 

Since 2011, the ICSD graduation rate has skyrocketed from 78 percent to above 90 percent while all student groups are reaching unprecedented levels of performance, including: 
  • an 8 percent increase in enrollment and diversity in higher-level courses;
  • a 58 percent increase in enrollment in co-curricular programs; 
  • a 7 percent increase in the number of students reading on grade level K-5; 
  • a 64 percent reduction in discipline referrals;
  • and a reduction of the special education classification rate in ICSD from significantly above the state average (14.8 percent) to significantly below (11.6 percent). 
"I am overjoyed," said Dr. Brown. "This special recognition is a tribute to the exceptional efforts and accomplishments of the entire Ithaca City School District community." 
Council Executive Director Dr. Charles Dedrick said, "Luvelle is truly deserving of this recognition for his leadership at the state and national levels, his effective and creative use of technology in education, and for his passion and dedication to the students within the Ithaca City School District." Council President Patricia Sullivan-Kriss, West Hempstead said, "Luvelle has been an important voice in education for the State of New York and the students he serves. His innovation in technology and program implementation is well known and regarded."

Dr. Brown has received various awards and recognition for his leadership. He was honored by the National School Boards Association as a "20-to-Watch" and received the Center for Digital Education Top 30 Award. In 2014, he received the eSchool News Tech-Savvy Superintendent Award.

Dr. Brown was also selected by the U.S. Department of Education as one of the nation's top 100 innovative superintendents. Along with that distinction, Dr. Brown was invited to be a featured speaker at President Barack Obama's first National Superintendent Summit at the White House. Dr. Brown serves on the New York State Council of School Superintendents' Executive Committee, The School Superintendents Association Digital Consortium, The Center for Digital Education Advisory Council, and CoSN's Empowered Superintendent Advisory Panel.
As the New York State Superintendent of the Year, Dr. Brown now becomes New York's candidate for national superintendent of the year - to be awarded at AASA's National Conference on Education in New Orleans, LA scheduled for March 2-4, 2017.

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Ithaca, New York 14850 
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TCAD's Mission
TCAD is dedicated to building a thriving and sustainable economy that improves the quality of life in Tompkins County by fostering the growth of business and employment.