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The Shenandoah Valley Connection top 
July 29, 2016
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Share your Ideas for luncheon topics, site visits, workshops, events for Sept 2016-June 2017
FIRST LEGO League (FLL) Team Applications have been posted
Governor McAuliffe Launches Workforce Innovation Datathon Challenge
Cadence, Inc. Announces Results for First Half of 2016
Annual Valley Business Summit (8/17)
Apply to attend: Virginia Robotics & Unmanned systems Education Summit (8/17-8/18)
MACH37 Cyber Accelerator Accepting Applications for Fall 2016 Session
Cadence, Inc. Celebrates Grand Opening of New Wisconsin Facility
SVTC Tech on the Square (8/25)
You're invited to a local Slack group, Rocktown Tech
Share your Ideas for luncheon topics, site visits, workshops, events for
Sept 2016-June 2017
Enter ideas in our Event and Topic Survey 

Be an active member or reader! In what programming, topics, or site visits would you like to participate in 9/2016 - 6/2017? 

What tech related topics are on your mind? Cyber-security; Big data & Analytics; Health tech? What makes a techie's heart skip a beat?  Is there an organization, program, team, or business location you'd like to hear from or visit?  Would you make room on your calendar for social events?


(Note: We are a not-for profit, so we look for speakers from the Valley without travel or other expenses)

To know what topics we covered in the past, take a look:

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The SVTC's FIRST LEGO League (FLL) Team Sponsorship application has been posted 
SVTC will cover HALF the start-up cost for a NEW SHENANDOAH VALLEY TEAM!

As you probably know, we care about STEM activities and projects that lead to STEM-field careers -- and for that reason we will again support three new Shen. Valley FIRST  Lego League (FLL) teams with a sponsorship that reimburses approx. half of their start-up cost. Last year, one of them fared so well at the regional, and then the state competition, that they went on to compete at the world festival in St. Louis in April. We are very proud of these guys and their coaches and mentors. 

WHAT SHENANDOAH VALLEY TEAM WILL BE NEXT????

WHAT is FLL?
FIRST Lego League (FLL) was created through a partnership between FIRST (For Inspiration and Recognition of Science and Technology) and the LEGO company, and inspires future scientists and engineers.
 
FLL  Introduces younger students to real-world engineering challenges by building LEGO-based robots to complete tasks on a thematic playing surface. FLL teams, guided by their imaginations and adult coaches, discover exciting career possibilities and, through the process, learn to make positive contributions to society.
 
Elementary and middle-school students get to:
  •   Design, build, test and program robots using LEGO MINDSTORMS├é┬« technology
  •   Apply real-world math and science concepts
  •   Research challenges facing today's scientists
  •   Learn critical thinking, team-building and presentation skills 
  •   Participate in tournaments and celebrations
Considering starting a team?  Technical or technology experience or background  NOT REQUIRED! (And team members can come from any setting, not just school-based.)

Learn More:
 
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Governor McAuliffe Launches Workforce Innovation Datathon Challenge
Released on July 18, 2016
 
Teams from across Virginia invited to use open jobs data and cutting-edge technology  to create innovative workforce applications
 
Governor Terry McAuliffe  launched the 2016 Workforce Innovation Datathon Challenge, a competition inviting citizens, students, and government teams from across the Commonwealth to come together to create innovative workforce solutions.
 
"We must embrace innovation and leverage data in order to advance our workforce efforts for a new Virginia economy," said Governor McAuliffe. "Jobs today require adaptive technical skills, as cyber and communication innovations are developing at an ever-increasing rate. We must cultivate a deeper understanding of current and future job opportunities to strengthen the connection between the skillsets we are imparting on our workforce and the needs employers have to grow successful businesses in the 21 st century."
 
"We look forward to seeing who registers to participate," added Virginia Secretary of Technology Karen Jackson. "This challenge is an open invitation for Virginians to have direct input on how their government uses data and technology to improve how the Commonwealth serves employers and employees. Technology and apps developed by civic coders can contribute greatly to our workforce efforts".
 
"Workforce development is a top priority of this administration. I am thrilled that the Governor's annual Datathon will be focused on helping jobseekers and education and workforce professionals learn more about current job requirements and availability," said Secretary of Commerce and Trade Maurice Jones. "I look forward to seeing the new apps and visualizations for labor market data that will be produced as a result of this competition. "
 
"The Workforce Innovation Datathon Challenge will provide participating high school and college students with a fantastic opportunity to solve real-world problems and gain skills through hands-on learning, essential to laying a firm foundation for the 21st century economy," Secretary of Education Anne Holton said. "I commend the Library of Virginia for hosting this important event, and I thank them for their continued partnership and commitment to providing the Commonwealth's young people with innovative opportunities to learn and grow."
 
This year's two-day challenge is scheduled for August 25-26 at the Library of Virginia.  For registration, additional information, and Datathon rules, please visit the event website:   http://data.virginia.gov/datathon-2016.
 
Top teams will be invited to participate in final judging at the Commonwealth of Virginia Innovative Technology Symposium (COVITS) on September 7th, 2016.
 
This is the Commonwealth's third Datathon sponsored by Governor McAuliffe. To join and follow the Virginia data conversation on Twitter, use @DataVirginia and #dataVA.
 
To view the published release, please visit: http://bit.ly/29Q9oT5


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Cadence, Inc. Announces Results for First Half of 2016
July 25, 2016  

Cadence, Inc. announced unaudited results for the first six months of 2016 including a 5% increase in revenue compared to 2015 to $45.3 million.  Earnings per share declined 4% over prior year to $1.52 per share.  Earnings before interest, taxes, depreciation and amortization (EBITDA) was flat at $7.4 million.  
 
"Q2 of 2016 was a bit softer than Q1 with revenue down 3% compared to Q1" said Ken Cleveland, CFO.  "Earnings growth continues to lag revenue growth as we continue to invest in a number of our facilities for future growth"
 

2016 2015 %Change
Sales (000s) $45,289 $43,094 5.1%
EBITDA (000s) $7,376 $7,368 0.1%
Operating Income (000s) $4,286 $4,494 -4.6%
Net Income $2,569 $2,671 -3.8%
Earnings/Share $1.52 $1.58 -3.8%

EBITDA=Net Income+Tax+Int Expense-Int Income+D&A

About Cadence, Inc.
Cadence, Inc. is a leading supplier of advanced products, technologies and services to medical device, life science, automotive, and industrial companies worldwide. Cadence develops solutions-oriented relationships with customers and provides highly technical solutions that enable improved product performance in clearly measurable ways.  Cadence employs more than 475 people worldwide with headquarters in Staunton, VA and other locations in Cranston, RI, Pittsburgh, PA, Sturgeon Bay, WI, Plymouth, MA, and the Dominican Republic.  More information on Cadence can be found at   cadenceinc.com.
  
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Annual Valley Business Summit 2016
August 17, 2016 at Blue Ridge Community College

Join us as challenges and opportunities facing businesses in our community and around the state are addressed.  A feedback forum with state legislators, a business panel discussion and a business resource fair are a few of the highlights of the Valley Business Summit 2016. 

Keynote speaker announced:
Elizabeth Milito, Esq. |  Senior Executive Counsel | National Federation of Independent Business:
Who Cares What Happens in Washington? You Should.
 >>  How the Current Political, Legal, Regulatory Landscape Impacts Small Business in Virginia. <<
 












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VIRTUES: Virginia Robotics & Unmanned systems  Education Summit
UAV Symposium on August 17-18, 2016 at Lakeview Hall, JMU
 
You're invited to apply to participate in
VIRTUES - Unmanned systems working group come share your thoughts and be heard!
 
With an estimated economic impact of $82 billion (AUVSI Report, 2013), growth in the UAS industry continues to spark interest and competition - particularly in states with significant aerospace and transportation research facilities as well as those transitioning military industries.  According to the report, Virginia ranks 8 th in terms of potential economic impact despite having significant research capacity and a high concentration of related military industries.
 
Governor McAuliffe and Senator Warner have identified unmanned systems as top priorities for the new Virginia economy.  In an effort to maintain our edge and improve our economic impact opportunities, we would like to bring the community together and start a working-group level conversation. 

We will be meeting for August 17 th  and 18 th   at our new Lakeview Hall facility located at 298 Port Republic Road.  The event will start with a reception on Wednesday evening at 6 pm.  Secretary Jackson has been invited and is planning to attend and address the group.  We've invited representatives from DARPA and the FAA to participate in the group sessions and guided small group discussions for Thursday.

 
Please contact Emily Winter for any questions at:  540-568-7447 or winterea@jmu.edu

 
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MACH37 Cyber Accelerator Accepting Applications for Fall 2016 Session
Fall '16 Corhort to Begin on Sept. 6 

The MACH37 Cyber Accelerator has officially announced it will begin accepting applications from information security product startups and security entrepreneurs for its Fall 2016 (F16) Cohort that begins on September 6th.  

The MACH37 program consists of an intense 90-day program in which the selected startups are coached in all aspects of creating a sustainable and successful business.

MACH37 is looking for candidates who:
  • Are building a disruptive information security technology product
  • Are delivering foundational security capabilities that enable entirely new products & markets
  • Have the will and endurance to turn their labor into commercial success
  • Have ideally built a team of 2-4 co-founders
  • Need help with startup capital, introductions, and navigating pitfalls
  • Are seeking rapid growth through venture capital
  • Are willing to be in Virginia for the entire 90 day program and commit to the venture full-time

To apply, visit   www.mach37.com/apply and fill-out the online application.  MACH37 will be accepting rolling submissions but participants are highly encouraged to apply as soon as possible. 

For the web version of MACH37 Press Release.
  
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Cadence, Inc. Celebrates Grand Opening of New Wisconsin Facility
July 26, 2016 Sturgeon Bay, Wisconsin 

Cadence, Inc.'s Sturgeon Bay, Wis. facility celebrated its grand opening of the new 63,000-square-foot facility with a ribbon cutting ceremony today.  The new building nearly triples the footprint of the previous facility and enables increased production capacity of the team's core capabilities in precision and microstamping, multi-slide forming, injection and insert molding, and automated assembly.
"I am truly honored and proud to be here today as we celebrate the grand opening of our beautiful new facility," said Sandy Sekadlo, VP of Manufacturing for Cadence Wis.  "We look forward to expanding our current capabilities to better serve our customers' needs and also anticipate adding to our workforce over the next several years."
Cadence is a single-source manufacturing partner for medical device, diagnostics, industrial and automotive companies worldwide, providing end-to-end solutions focused on best-in-class total value. 
Partners choose Cadence for:
  • Mission critical components (plastics + metals)
  • Complex sub-assemblies
  • Finished devices
  • Sketch-to-scale solutions
About Cadence, Inc. - Cadence makes new devices a reality and delivers end-to-end solutions that simply make the world work better. Cadence employs more than 500 people worldwide with locations including:
  • Advanced manufacturing in Massachusetts, Rhode Island, Virginia, and Wisconsin
  • Product Realization CenterTM in Pennsylvania
  • Nearshore operations in the Dominican Republic
For more information on Cadence, please visit our website at cadenceinc.com.
  
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SVTC Tech on the Square
August 25, 2016 at Pale Fire Brewing from 5:30pm - 7:30pm

Tech on the Square is a completely informal, ad-hoc, technology agnostic meetup. Whether you're a seasoned technologist working with or in startups, or completely new to everything, we'd love to meet you.

Come and catch up with fellow technology users and creators at this casual networking event. We'll support our Ice House neighbors, Pale Fire Brewing.
 
Beverages are dutch treat. ANYONE INTERESTED IN BEING A PIZZA SPONSOR? Gain extra publicity for your business by signing up to the be the pizza sponsor for Tech on the Square. Please contact admin@svtc-va.org for more information about becoming a sponsor.  

Membership in SVTC is not required. All users and creators of technology are welcome.
Pre-registering will enable us to bring you a pre-printed name tag for networking and will help Pale Fire anticipate attendance. 
 

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You're invited to a local Slack channel, Rocktown Tech

Currently there are 10 channels and over 88 members. Please join in!
Sign-up link:  https://rocktowntech.herokuapp.com/

Please join in the tech talk!

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Shenandoah Valley Technology Council
800 S. Main Street MSC 4901
Harrisonburg, Virginia 22807
540-568-7882

 

 

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