About CFI

R. Dan Loague
Capital Formation Institute, Inc.

Contact:
UB Office of Science, Technology Transfer and Economic Outreach
1576 Sweet Home Road, Suite 105
Amherst, NY 14228

Phone: 405-824-5549
Fax: 800-420-8329
Email: [email protected]

Bio:
Mr. Loague is the Executive Director of the Capital Formation Institute, Inc (CFI). With the CFI Board of Directors and Advisors, all distinguished researchers and practitioners, Mr. Loague is building the CFI's capability to gather detailed and comprehensive information on the early stage investing process and to make this information readily accessible to the public.

He joined CFI on December 1, 2004, retiring from the National Association of Seed and Venture Funds (NASVF) after eight years of service. As NASVF's Executive Director, Mr. Loague specialized in the creation and nurturing of seed investing and enterprise development networks in communities and regions throughout the United States. He tracked activities, strategies, successes and failures of seed and sponsored seed and venture capital funds and programs. He managed all Association services including the NASVF's newsletter, annual conference and coordinating the delivery of Seed Capital Investing Seminars. In 2004 the NASVF held its eleventh annual national conference and completed its 85th seed investing seminar and networking workshop.

At the NASVF, Mr. Loague provided the leadership to help create an environment where, as peers, top decision makers from government, academia and the venture capital industry learned from each other, explored what works, and understood the proven strategies and techniques for supporting local entrepreneurs. The NASVF has become the nation's largest network of seed stage and technology investment professionals.

Mr. Loague is a frequent speaker at professional meetings throughout the U.S. on the topic of seed investing and enterprise development. He has also made several presentations at professional meetings in the People's Republic of China.

His most recent publication is "Enterprising Capital - Bringing the Knowledge-Based Economy Home" published in Economic Development America, Economic Development Information Coalition, Spring 2004, Washington DC. He also hosts VC Online (http://www.cfi-insitute.org) and VC Radio Show (http://www.lab2ipo.com), both Web-based audio-on-demand interview programs. The weekly programs feature leading experts in early stage investing who, with Mr. Loague as moderator, discuss venture capital, angel investing, university tech-transfer and other topics on innovation and enterprise creation.

Prior to joining the NASVF, during 1977-1995, Mr. Loague worked as an economic development professional for the State of Oklahoma, directing major programs in enterprise development for the Oklahoma Department of Commerce and its predecessor organizations. During this period, he also provided staff support for projects of six Oklahoma governors and during 1995-96, Mr. Loague was staff on Governor Frank Keating's Governors Performance Team.

Besides economic development, Mr. Loague's professional and technical skills include seminar leadership and strategic, business and market planning. He is an accomplished researcher, skilled in statistical research procedures, and has conducted numerous statewide surveys for the B.D. Eddie School of Business at Oklahoma City University. He has published several private research reports and numerous economic development analyses for the State of Oklahoma.

Mr. Loague is a former university professor and instructor. His has held teaching positions at the University of Central Oklahoma, Edmond, Oklahoma State University-Oklahoma City, Oklahoma City University (OCU) and Southwestern Oklahoma State University, Weatherford OK. As part of OCU's International MBA program, during 1989, Mr. Loague taught on-site at Wuhan, People's Republic of China.

Mr. Loague's educational background includes two-year's doctoral study at Arizona State University, Tempe, Master of Arts in Teaching, University of Kansas, Lawrence and Bachelor of Arts, University of Oklahoma, Norman.

Mr. Loague is a veteran of the United States Air Force, serving from 1963-67. His primary service duties were to work with test pilots to perform technical and performance evaluations of advanced airborne electronic reconnaissance systems of the RF-4C, a Mach II aircraft.

Dr. Richard T. Meyer

President – CIC Photonics, Inc.
Founding Board Member – National Association of Seed and Venture Funds
President - Orion Technical Associates
Albuquerque, NM

Contact:
9210 Preston Trail NE
Albuquerque, NM 87111

Phone: 505-343-9500
Email: [email protected]
Web: www.cicp.com

Bio:
Dr. Richard Meyer has twenty years of creative and innovative practice of people-oriented, consensus-building, goal-focused management in for-profit and non-profit business enterprises, academic and industrial research, and state and federal policy-making arenas. He has a Ph.D. from the University of California at Berkeley, and B.S. in Chemistry (Magna Cum Laude) from the University of Wisconsin at Madison.

Dr. Meyer is President of Orion Technical Associates, Inc., a company that provides consulting to technology and non-technology businesses in strategic planning, market research, marketing, finance, and capital formation and to developing countries on technology business formation and technology transfer. He is also CEO and President, CIC Photonics, Inc., an enterprise engaged in design, manufacture, and marketing of analytical and industrial instrumentation, serving the chemical, pharmaceutical, and semiconductor industries (visit www.irgas.com and ww.cicp.com).

Professional Experience Summary:

· Professor of Entrepreneurship, Emory University School of Business Administration; 1990 - 1993.

· Director, Advanced Technology Development Center (ATDC), Georgia Institute of Technology; 1986- 1990. In 1989, as a result of Dr. Meyer's efforts, the Georgia General Assembly authorized the Georgia Seed Capital Fund, with state appropriations of to be matched three-fold by private investment. These and other efforts resulted in raising ATDC's success and prestige to be the nation's premier technology incubation center.

· Founder and President, Colorado Research Development Corporation(CRDC); 1984 - 1986. Dr. Meyer raised original investment capital by means of a private placement offering, comprehensive business plan, and innovative intellectual property agreement with university faculty researchers. He positioned CRDC as one of nation's first private, for-profit technology commercialization enterprises organized specifically to compete for federal Small Business Innovation Research (SBIR) contracts, and secured $2 million in SBIR awards in the first two years. In addition, in 1985, he arranged the private placement offering process to secure up to $500,000 of equity capital.

· CEO and Director of Research, Research Institute of Colorado (RIC); 1983 - 1985. (Note: CRDC and RIC were closely affiliated for-profit and non-profit corporations.)

· Founder and President, Western Energy Planners, Ltd. (WEPL); 1977 - 1983.

· Consultant to Los Alamos National Laboratory, EG&G Idaho, Inc., Science Applications, Inc., Abt Associates, Inc., New Mexico State University, and Solar Energy Research Institute.

· Technical Staff, Sandia National Laboratories, Albuquerque, New Mexico. Dr. Meyer conceived and conducted basic and applied research in the physical and materials sciences programs. He developed the technique of time resolved mass spectrometry for application to fundamental studies in gas phase kinetics, explosives chemistry, chemical lasers, high temperature vaporization and ablation phenomena, radioactive waste storage, nuclear power reactors, and both conventional and alternative energy resources. In addition he has published over 50 technical journal articles and presented numerous research papers at scientific meetings and conferences.

Teaching and Research

Dr. Meyer has designed and taught courses on entrepreneurship, business planning, new venture financing and management, and managing rapid growth to BBA, MBA, and EMBA students. He has also conducted research on seed capital formation, technology transfer methodologies, and state and university science and technology policies and practices, and is the author of fifteen case studies on fast-growth entrepreneurial firms in Metro Atlanta.

Dr. Meyer is principal author of seven editions (1987, 1989, 1991, 1993, 1995, 1997, and 1998) of The National Census of Early-Stage Capital Financing. The 1995 edition was prepared in collaboration with the University of New Mexico Anderson Schools of Management.

International Activities

Dr. Meyer was elected to the 1987 Class of Society of International Business Fellows (SIBF) and has participated in all SIBF business training programs and foreign travel briefings, including 1989 and 1990 briefings in Brussels and Wiesbaden on European Community organization and "Europe 1992."

He traveled to Mainland China in 1988 to tour the major "comprehensive universities" of China (in Shanghai, Xian, and Beijing) and renew or establish cooperative business and technical research agreements with them. Dr. Meyer met key policy leaders of China and activated a Cooperative Agreement between ATDC and the New Technology Development Center/ Technology Clearinghouse of China/ China Association of Science and Technology. In Hong Kong, he initiated business transactions with Hong Kong Government Industry Department and with China International Trust & Investment Corporation.

Dr. Meyer participated in 1989 University System of Georgia economic development information mission to Recife, Brazil. In Recife he made presentations on ATDC entrepreneurial services programs to Federal University of Pernambuco and to Federation of Industries of State of Pernambuco, and developed prospective collaborative programs between ATDC and specific academic, business, and industry entities.

He has been a consultant to Higher Education Science Park Association of the Commonwealth of Independent States (formerly USSR) since 1990, providing expert advice to universities and research institutes on the formation and operation of science parks for technology transfer to free market enterprises. In addition, he was a consultant to the United Nations Development Program and the Technology Park Malaysia in Kuala Lumpur on technology business growth and development and on capital formation process.

Professional Relationships

· Founder, Charter Member, and Board Member, National Association of Seed and Venture Funds, 1993 - present.

· Member, Board of Directors, Business Technology Group, Albuquerque, NM, 1997 - present.

· Founder, Technology Executives Roundtable, Albuquerque, NM, 1999.

· Chairman of Scholarships Subcommittee of the Society of International Business Fellows, 1991 - 1993.

· Member of Atlanta Venture Forum, 1987 - 1993.

· Academician, CIS Academy of Scientists in Higher Education, Elected Charter Member, August 1992.

· Co-Sponsor with Digital Equipment Corporation of Technology Executives Roundtable, 1986 - 1990.

· Member of Governor's Advisory Committee on Capital Markets, June - December 1989.

Woody Maggard
Associate Vice Provost – STOR-UB Office of Science, Technology Transfer and Economic Outreach

Board Member - National Association of Seed and Venture Funds

Contact:
University at Buffalo
1576 Sweet Home Road, Suite 105
Amherst, NY 14228;

Phone: 716-645-5500, ext. 26
FAX: 716-636-5921
Email: [email protected]

Bio:
Background has focused on blending development of technology-based companies, venture capital, intellectual property and entrepreneurism with large-scale real estate development in most property types, including technology-based world-class research parks (Central Florida Research Park and Delaware Technology Park), incubators, and corporate research and development facilities. Presently Associate Vice Provost for Science, Technology Transfer and Economic Outreach (STOR) for the University at Buffalo, SUNY. Responsibilities include innovation (incubation) of technology and life science companies at 3 campuses, research park development, seed and other funding, and intellectual property.

Venture capital work includes co-founding and serving as a director of the Delaware Innovation Fund, a model private seed/venture fund, and president of Arizona Incubator Partners, general partner in the Arizona Technology Venture Fund. Co-founder, board member and officer for the National Association of Seed and Venture Funds, and co-founder, director and President of the Capital Formation Institute (CFI). Board of Directors for the Western New York Venture Capital Association (WNYVA), member of the Upstate Venture Association of New York (UVANY), and part of the team for UNYTECH03 and UNYTECH04, a venture capital showcase for companies using technologies from upstate New York universities.

Entrepreneurial activities include being: Chairman and past president of Reichenbach Technologies, a 43-year old, family-owned technology development, manufacturing and consulting company, and chairman of RMI Capital Management, a family-owned capital asset firm comprised of several companies (including Orion Intellectual Capital Exchange and Consortechnics Intellectual Capital Reserve), involved in valuation, intellectual property, oil and gas properties, and real estate; and past chairman and co-founder of Southern Global Companies, Killeen, Texas, 1989-1998), a Texas-based group of companies in technology development, international trading, gourmet baking, and manufacturing; NETeXc (NetX) Information Services, Inc., Wilmington, Delaware (1998-present), and LearnDaily.com (1998-present); and serving as founder, director and advisor to a number of other technology companies. Recent business projects include development of a multi-technology innovation center in Salt Lake City, planning for a bioincubator in Salt Lake City, and planning for a 2200 acre mixed use intelligent community development in Utah that includes a 200 acre technology park, incubator, and satellite university campus. Chairman and board member of NxLeveL Education Foundation, the nation's largest entrepreneurial education program. Member of the National Association of Seed and Venture Funds (NASVF), Institute of Internal Auditors, Licensing Executives Society, Association of University Technology Managers, National Business Incubation Association, International Economic Development Association, Urban Land Institute, and the Association of University Research Parks (past board member and faculty member on research park development). Additional board service in international societies, trade groups, hospitals, television and radio broadcasting, and service in scouting for 45 years.

B.A., Brigham Young University, MPA-finance, Consortium of the California State University and Colleges, attended Ventura College of Law. Extensive additional technical and management coursework. Numerous publications in various media including award-winning newspaper columns. Listed in Who's Who in America, Who's Who in the World, and other biographical reference sources.

Mr. C. Michael Cassidy
President - Georgia Research Alliance
Atlanta, GA

Contact:
Email: [email protected]

Bio:
Mr. Cassidy is President and CEO of the Georgia Research Alliance. The Alliance is a strategic partnership of Georgia's research universities, joined by the business community and state government, whose purpose is to leverage the State's research capabilities into economic development results. Through targeted investment the Alliance helps its university partners to develop both the human and physical research infrastructure needed to serve as a breeding-ground and magnet for new technology-based economic activity. Through 2004 the Alliance has invested more than $600 million of public and private funding in targeted research and development programs at its six member universities.

Before joining the Alliance in 1993, Mr. Cassidy managed the Advanced Technology Development Center (ATDC), Georgia's technology incubator. Prior to that he worked for the IBM Corporation where he held various staff and management assignments. Mr. Cassidy holds a Master's degree in Technology and Science Policy from the Georgia Institute of Technology and a BBA degree in Marketing from Georgia State University.

Mr. Cassidy represents the State of Georgia on the Southern Technology Council and consults with several states on technology-based economic development strategies. Mr. Cassidy is on the Board of Directors of the Technology Association of Georgia, the Southeastern Life Sciences Association, the Council of Biotechnology Centers, the Georgia Cancer Coalition, Georgia Advanced Technology Ventures, the Georgia Chamber of Commerce and the Capital Formation Institute. He is active with the Council on Competitiveness in developing their National Innovation Initiative. He is on the Board of Visitors of the Grady Health System and is a member of the Commerce Club of Atlanta.