2016 President's Report - page 16-17

5
Companies
to Watch
LC Drives
Headquartered in Clarkson’s downtown
incubator space, the engineering
company led by CEO Marvin Russ ’88
has developed an ultra-efficient motor
that uses a special cooling system
that allows it to cool down faster. With
a recent $500,000 state grant, the
company is gearing up for production.
lcdrives.com
G
F
E
D
C
B
A
Alumni
9.8%
Canton-Potsdam
Hospital
1.5%
External
27.6%
Faculty
9.6%
St. Lawrence University
3.5%
Staff
2.8%
Student
45.2%
1
in
5
GREAT IDEAS
Clarkson University
17
16
President’s Report
S
hawn Clark ’98 and his team at Clark Scientific combined their expertise with
technology to solve a problem that has challenged researchers for many years.
“Big Data” is the future for many industries but even more relevant to the scientific
community, Clark says, as is evidenced by the tremendous insights gained from the
“Human Genome Project.”
So, he and his colleagues set out to develop a rapid and efficient process for
biochemically profiling a protein. Now, they are creating the first-ever database of the
biochemical parameters for all known
proteins, “The Proteome.” The human body
has hundreds of thousands of proteins, not
including mutants and variants.
“At the root of our expansive database
is a biochemical profile of each protein,” says
Clark. “The database also contains a small
molecule fragment screening library of 700
individually nominated compounds.”
“These data can significantly reduce the
cost and time of protein manufacturing and
early stage R&D. The information is already
compiled so companies won’t have to go
through the arduous process of reinventing
the wheel.”
Clark Scientific has offices and laboratory
space in Clarkson’s business incubator, Peyton
Hall in Potsdam. The company is part of The
Clark Institute, an umbrella organization
that comprises the research and commercial
operations developed by Clark and his
colleagues. Other companies include Delta
TMTechnologies, which focuses on the research side of protein characterization, and Delta
H2O, which repurposes leftover water frommanufacturing processes into high-quality
water and time-released nutrient packs for use in hydroponics.
Shipley Projects Pipeline
Percentage Breakdown
Partnering for Success
For entrepreneurs like Shawn Clark,
finding the right partner makes
the difference.
Clark is working with the Shipley
Center for Innovation. The Center
guides innovators through the complex
process of commercialization, providing
the practical tools to transform their
ideas into reality.
Shawn Clark, who graduated from the pre-med biology
program at Clarkson in 1998, has a total of five degrees,
including two doctorates. “My hat and placard have hung in
many hallowed universities, but I want to leave my legacy here.”
Start up a Startup
With on-campus support through the Reh Center for Entrepreneurship and the
Shipley Center for Innovation, students are brainstorming ideas and developing
novel businesses, products and systems that are feasibility-tested and market-ready.
Network. Network. Network.
Successful alumni entrepreneurs visit campus each year to meet and mentor
students.
Business Competitions
Clarkson students compete — and win — each year at local, regional and
national business plan competitions.
Building Successful Entrepreneurs
Here’s How Clarkson Does It
Leadership in the Field
Erin Draper ’03, ’14, director of the
Reh Center for Entrepreneurship, will
serve as a director-at-large on the
executive board of the United States
Association for Small Business and
Entrepreneurship.
USASBE is the largest
professional and academic organization
in the world dedicated to advancing the
discipline of entrepreneurship.
In 2015, Clarkson's School
of Business received the USASBE
Undergraduate Model for Excellence
in Entrepreneurship Education award.
NextID Biometrics
In collaboration with colleagues at St.
Lawrence and West Virginia universities,
Clarkson Professor Stephanie Schuckers
launched the company that develops
and sells anti-spoofing software for the
biometric authentication industry. In
2016, the Swedish company Precise
Biometrics acquired the Potsdam-based
company for $3.5 million.
Ametier
Seniors David Johnson ’17 and Sam
Garwood ’17 are developing an online
platform that connects vetted high-
quality students with small to medium
sized businesses to complete time-
defined projects on a freelance basis.
2016 Business Pitch Competition winner.
Beaggio
Greg Lang ’17 is developing a platform
to find “co-founders” and “project
funders” within a college network.
Students will be able to create a
project, outline priorities for possible
co-founders, and once a team is formed,
launch a crowdfunding campaign.
Undula Generators
Student entrepreneur Louisa Ulrich-
Verderber ’20 has created a proof of
concept for a novel type of energy
harvester. Designed after the fins on a
cuttlefish, the “undula” can capture non-
laminar wind. This allows it to operate on
structures and ground level, removing
the need for costly “support towers” like
traditional turbines.
Profiling Proteins
Developing a One-of-a-Kind Database
3.
2.
1.
FOR THE FIFTH
STRAIGHT YEAR
IN A ROW
TOP25
IN THE NATION
Schools for Entrepreneurship Studies
— Princeton Review/Entrepreneurship magazine 2017
140+ COMPANIES
started through the
Shipley Center
in the last two years.
Clarkson School 2016 graduate Josh Parker, CEO
and founder of Parker's Real Maple in Canton,
N.Y., appeared on the TV program “Shark Tank”
last October to pitch his company to investors.
Sophomores Garrett Kopp and Thomas Burke III won
second place at the Wake Forest University Retail &
Health Innovation Challenge for their business, Birch Boys
Adirondack Chaga. The ground chaga mushroom is a loose
herbal tea supplement that is grown in the Adirondacks.
66
37%
STUDENT STARTUPS
IN THE PIPELINE
CONVERSION
RATE
FROM GREAT IDEA TO COMPANY
Schuckers has been featured in national
and international media, including The
New York Times, BBC News and Wired
magazine. She is also the director of
the Clarkson-based CITeR (Center for
Identification Technology Research),
and will serve as an advisor to Precise
Biometrics on strategic direction and
product development.
nexidbiometrics.com
A TRANSFORMATIVE EXPERIENCE
I,II-1,2-3,4-5,6-7,8-9,10-11,12-13,14-15 18-19,20-21,22-23,24-25,26-27,28-29,30
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