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Corporate Update, issue 5

In this issue:


From the Executive Director | Collaborative expertise stimulates health, economy | Alcoa invests in campus | CEO of venture development organization to deliver Deioma Lecture | General Electric helps train tomorrow's powerhouses

From the Executive Director

Case Western Reserve University and its alumni think beyond the possible in unique and exciting ways. Some find cures to once incurable diseases; some create novel products that change the way we work and play; and others develop new businesses that boost the economy and provide society with innovative goods and services.

This year, the university celebrated the pioneers who struck out on their own and created new companies with its first Entrepreneurship Celebration. The reception featured President Barbara R. Snyder and was hosted by two of Case Western Reserve's most successful enterprisers: Hiroyuki Fujita (GRS '98, physics), president and CEO of Quality Electrodynamics, a medical imaging company that was named to Inc. magazine's list of America's fastest-growing companies; and Claude Kennard (MGT '91), president of MAR Systems, a clean water technology company that Businessweek calls "one of America's most promising startups."

The Office of Corporate Relations is continuously looking to meet Case Western Reserve's entrepreneuring alumni. If you have started your own company, we'd love to hear from you.

As always, I welcome your emails at

All my best,
Anne M. Borchert
Executive Director of Corporate Relations and Strategic Projects

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research collaboration


Collaborative Expertise Stimulates Health, Economy


The National Center for Stem Cell and Regenerative Medicine (CSCRM)—a multi-institutional initiative that brings together regenerative medicine experts from around the state—has proven to be beneficial to Northeast Ohio's physical and economic health.

Since its inception in 2003, the center has created more than 130 new jobs and helped attract almost $100 million in private equity for partner companies. And its collaborations with experts around the state make it uniquely positioned to rapidly implement new stem cell technologies from bench to bedside.

Additional funding from the Ohio Third Frontier in 2009 provides CSCRM the support it needs to continue to aggressively move new technologies from academic labs towards commercial development.

"We have been able to link corporate partners to our major projects and have been gratified by the development of a stem cell biotechnology commercial landscape in our region," says Dr. Stan Gerson, Director of the National Center for Regenerative Medicine and Director of the Case Comprehensive Cancer Center.

Learn more about the Center for Stem Cell and Regenerative Medicine.

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philanthropic investment


Alcoa Invests in Campus


Alcoa, the world's leading producer of primary aluminum, fabricated aluminum and alumina, has partnered with Case Western Reserve for more than 30 years, investing more than $1 million in university initiatives.

Recently, the company has been busy helping to increase diversity on campus by supporting minority and female students in programs such as the university's chapter of the National Society of Black Engineers, The Institute for Management and Engineering , Support of Undergraduate Research and Creative Endeavors and the Center for Layered Polymeric Systems' outreach program for high school students.

As one of Alcoa's targeted partner universities, Case Western Reserve has also been a destination for the company's recruitment efforts as it seeks to hire top talent.

Pictured are students from the Center for Layered Polymeric Systems' outreach program for high school students.

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marketing and visibility 


CEO of Venture Development Organization to Deliver Deioma Lecture


This year's David Deioma Lecture will feature Ray Leach (pictured) , CEO of JumpStart, Inc., a nonprofit organization dedicated to creating economic transformation through the growth of entrepreneurship.

The Deioma Lecture is intended to educate the university and community about technology-based new venture creation, entrepreneurship and innovation. It is sponsored by the Master of Engineering and Management program and supported by an endowed gift from David Deioma (CIT '62).

Join us Thursday, March 3, at the Rheinberger Auditorium of Severance Hall to hear his thoughts on the growth of Northeast Ohio's entrepreneurial ecosystem. A reception will begin at 4:30 p.m. in the Smith Lobby, followed by the lecture at 6 p.m. Early registration is advised.

Learn more about Leach and the Deioma Lecture.

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Human capital development 


General Electric Helps Train Tomorrow's Powerhouses


This semester, GE has chosen 12 Case Western Reserve students to participate as co-ops at the global company, including GE Lighting in East Cleveland, Ohio.

This builds on GE's long history of partnership with Case Western Reserve's co-op program. Since the program's inception in 1985, the company has hosted more than 200 Case Western Reserve students, who have held co-op positions across 12 business divisions at GE.

"GE Lighting not only challenges its co-ops with great assignments, the company also takes the time to teach us about the lighting business and technology and provides professional development and networking," says Matt Root, a fourth-year Chemical Engineering student who is currently completing a co-op at GE Lighting (pictured, second from right). "I've already worked at four different production facilities across the Midwest, and feel like I've made great contributions with some of the best engineers in the world."

GE Lighting has hired co-op students from Case Western Reserve for the past 24 years. "Case Western Reserve has provided us with a pipeline of outstanding engineers for decades," said Michael B. Petras, Jr., President and CEO of GE Lighting.

Learn more about the co-op program and how you can help todays students get real-world experience.

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