News Releases

April 30, 2009

Governor Douglas Announces Exciting New Partnerships at Invention to Venture Conference

Two new start-ups at Center for Emerging Technologies and UVM technology license agreement will boost innovation in Vermont

Burlington, Vt. – Governor Douglas today announced two new start-ups at the Center for Emerging Technologies (VCET) as well as a UVM technology license agreement today at the 4th annual Invention to Venture (I2V) Conference at UVM’s Davis Center.

Governor Douglas was joined by Lt. Governor Brian Dubie to announcement a new UVM product Technology License between UVM and Swanton, Vermont employer, Leader Evaporator to manufacture and distribute a unique Maple Spout Adapter. The Maple Spout Adapter was developed by Timothy Perkins, Director of UVM’s Proctor Maple Research Center.

“I am proud to announce this unique Vermont partnership,” said Governor Douglas. “This is a great example of what can be achieved though ingenuity and innovation. These adapters are not only more efficient but they are less harmful to our cherished maple trees.” Production from these taps is revolutionizing the industry due to sap output that is up to 4 times greater than traditional taps.

The license with Leader Evaporator was recently signed and so far the partnership has resulted in the swift production of 15,000 taps produced for this past season. Lt. Governor Brian Dubie is using these Vermont made products at his family’s sugarbush. “My family was excited to use this Vermont maple spout adapter during this banner sugaring season,” said Lt. Governor Dubie. “Our production was up in part because of this innovative new product. We must continue to do what we can to support the kind of innovation that is being discussed at today’s conference. That is why we need economic development legislation that includes a R&D tax credit.”

Governor Douglas, joined by VCET President, David Bradbury also announced two new start-up companies at VCET. These innovative new companies are sure to thrive at VCET and will lead the way in high-tech entrepreneurship in Vermont. “Our support for these companies through VCET represents a true commitment to innovation and high-tech job creation,” said Governor Douglas. “Especially in this tough economic climate, we must continue to work together to find ways to invest and support new and existing businesses.”

The new start-ups are beneficiaries of a Simulated Software investment and incubation initiative launched last fall by the Agency of Commerce and Community Development and VCET. This initiative provides each recipient with VCET technology incubator membership in addition to a $50,000 investment per start-up.

The first company is comprised of four faculty and instructors and three students from Champlain College’s Gaming and Emergent Media Programs. With over 40 years of combined experience in the game industry, Hoozinga is an independent game studio focused on the rapidly growing $1.5 billion serious games sector. Today we congratulate and welcome founder and CEO Amanda Fox and her team.

The second company– Appstone was founded at Governor Douglas’ alma mater by Middlebury College junior Bevan Barton a Science major with a focus on artificial intelligence engines and gaming. Bevan along with Associate Professor of Computer Science Tim Huang founded Appstone to provide instructional solutions and user-friendly templates for iPhone application development and publishing. Apple has already sold over 17 million iPhones and iPod touch devices worldwide.

“We are excited to have these innovative new companies at VCET,” said David Bradbury. “We look forward to offering them the continued support they need to grow their companies and create good-paying high-tech jobs right here in Vermont. There is one more $50,000 simulated software membership remaining and we hope that an entrepreneur from UVM’s ranks will steps forward soon and take advantage of this great opportunity.”

“These companies prove that even in the midst of a protracted economic downturn, Vermonters still look to build and expand cutting-edge companies,” added Governor Douglas. “And Government must do all it can to support them.”

Source: Office of the Governor
Last Updated at: April 30, 2009 16:58:53