|CFI Board of Directors
Contact and Bio Information
R. Dan Loague
Capital Formation Institute, Inc.
UB Office of Science, Technology Transfer and Economic Outreach
1576 Sweet Home Road, Suite 105
Amherst, NY 14228
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
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
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
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
9210 Preston Trail NE
Albuquerque, NM 87111
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
· 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.
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
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.
· 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,
· 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.
Associate Vice Provost STOR-UB Office of Science, Technology Transfer
and Economic Outreach
Board Member - National Association of Seed and Venture Funds
University at Buffalo
1576 Sweet Home Road, Suite 105
Amherst, NY 14228;
Phone: 716-645-5500, ext. 26
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
Mr. C. Michael Cassidy
President - Georgia Research Alliance
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
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.
Capital Formation Institute,
a 501(c)(3) non-profit organization
Office of Science, Technology Transfer and Economic Outreach
University at Buffalo, 1576 Sweet Home Rd., Amherst, NY 14228
Contact us at email@example.com