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New deal with Texas Instruments leads Linestream to 'double in size by next year'

LineStream Technologies is growing by leaps and bounds in the automated software control market. The company was created in 2008 as a spinoff out of research done by Cleveland State University's Zhiqiang Gao, director of the Center for Advanced Control Technologies and focuses on commercializing and simplifying control software.
 
Basically, LineStream products increase efficiency, are easy to implement, and therefore improve the performance of automated systems.
 
"Any product using a motor, we look to improve energy efficiency and life of that motor," explains David Neundorfer, LineStream president. "We simplify the design process and lop off weeks of [development]."
 
The company is getting attention from some of the major players in the automation industry. They just licensed their software to Texas Instruments. "We're going to be putting software in a chip platform in motor and motion controls," explains Neundorfer.
 
The deal adds to the company's rapid growth. "It's very exciting and a large deal for us," says Neundorfer. "Some of the larger companies in the industrial space are interested in our technology."
 
LineStream has grown to five employees this year, expects to be at eight to 10 by the end of the year, and double in size again next year. "We're hiring and ramping up to establish a relationship with Texas Instruments."

Source: David Neundorfer
Writer: Karin Connelly

This story originally appeared in sister publication Fresh Water Cleveland.

Northeast Ohio sensors industry gets $17-million boost

The Dayton region may be known as Ohio's sensors corridor, but northeast Ohio's capabilities in sensor technology just got a boost -- and a big one at that.

Last week the Wright Center for Sensor Systems Engineering at Cleveland State University, allocating funds from the Ohio Third Frontier initiative, awarded six grants totaling more than $17 million to universities and other organizations for development and commercialization of sensors and sensor technologies.

The largest of the six grants -- 25 percent of which will be matched by recipients -- went to Lorain County Community College, which will receive $5.5 million to work with R.W. Beckett Corp., Acence and Greenfield Solar Corp., to create a center for sensor commercialization.

The Cleveland Clinic Foundation's Learner Research Institute will receive $2.67 million to lead establishment a new center for sensor and microdevices for biomedical applications, and the Austen BioInnovation Institute is getting $2.6 million to lead development of an advanced instrumentation platform for product development in biomedical areas.

Meanwhile, the Ohio State University is slated to receive $3 million to lead commercialization of terahertz sensors for applications such as medical imaging and homeland security, and the University of Akron will receive $1.66 million to lead commercialization of sensor technologies for clean energy products.

Youngstown State University will also receive $1.66 million, for a collaboration with the Youngstown Business Incubator and M-7 Technologies to create systems for next generation manufacturing and inspection systems.

Some recipients are already predicting new jobs due to the awards.

"Our principal commercial partner, M-7 technologies, is looking to hire an additional 70 employees over five years," says Julie Michael Smith, the Youngstown incubator's chief development officer. "That is the direct employment, and then of course there will hopefully be downstream employment by companies employing this technologies."

She says the grants are good for northeast Ohio and for the Youngstown area, where old-line industries like steel have been battered in recent years.

Sources: The Wright Center for Sensor Systems Engineering and Julie Michael Smith, Youngstown Business Incubator
Writer: Gene Monteith


Creative start-ups get traction, add jobs, thanks to Cleveland Foundation's Civic Innovation Lab

Chefs adore locally grown produce. Farmers enjoy selling it to them. The problem, though, has always been connecting the far-flung parties in a mutually beneficial arrangement.

That's where Fresh Fork Market comes in. Founded by Case Western Reserve University grad Trevor Clatterbuck, the innovative start-up offers a supply chain solution that moves the product from grower to chef.

The concept � billed as a "virtual farmers market" � has caught the attention of the Cleveland Foundation's Civic Innovation Lab, which doles out $30,000 grants to start-ups it believes can provide a boost to the local economy. During its six-year existence, the Lab has contributed roughly $1.5 million to help nurture over 50 great ideas -- ideas that might not attract the interest of more traditional funders.

It appears to be working. A recent study conducted by Cleveland State University's Center for Economic Development found that the Civic Innovation Lab generated $9.4 million and added 128 jobs to the local economy. In addition to Fresh Fork, the Lab has extended a financial leg up to an indoor mountain bike park, a teen-centric magazine, and CityWheels, the first car-sharing service in Ohio.

The modest grants are often the difference between survival and success. Often more helpful than the cash is the mentorship and training these young companies receive from more seasoned professionals.

"The money from the Civic Innovation Lab really gave Fresh Fork traction," explains Clatterbuck. "We used it to build an innovative web platform for local farmers and customers to interact. It turns out that what was designed to be a tool for us is actually a desirable product to sell as well. The business has now evolved to involve licensing the technology to other parties across the country."

Sources: Trevor Clatterbuck, Fresh Fork; Civic Innovation Lab
Writer: Douglas Trattner

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