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NewsBits, Dec. 13: Böer, Ivy, TNInvestco and more
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Böer

MORE BÖER: Owen Entrepreneur Center Director Germain Böer, who had a massive heart attack during the Boulevard Bolt on Thanksgiving Day, told VNC he oversaw a class all day on Friday, Dec. 10, and is regaining strength through physical therapy. Böer, 73, said he's resuming full-time duties at Vanderbilt University's OEC. Fellow run-walkers intervened when he collapsed, among them at least one ER physician and two nurses, according to a Tennessean report.

Events: The 3rd annual Capital Formation Roundtable from Nashville Technology Council is set for Feb. 15. Focus: Negotiating a Term Sheet. Prior to that: Nashville Health Care Council is supporting iiBIG's Healthcare investment and M&A conference, Jan. 25-26; and, Nashville Entrepreneur Center holds a bi-monthly session on EC services and resources, Tuesday, Jan. 4, 6 p.m. Details here.

State. Sen. Ketron

State Sen. and Deputy Speaker Bill Ketron (R-Murfreesboro), who is now also head of the General Assembly's Republican Caucus, said Friday he'll be watching to see how many jobs the state's TNInvestco capital-formation program has produced. TNInvestco firms' three mandated performance and accountability reports to the State are likely to be due-in during the 1Q CY 2011, but deadlines are currently under discussion, said a TNInvestco spokesman this afternoon. "I'm hoping that we'll see good things develop out of it," Ketron said Friday. Commenting on the state's looming 2012 budget challenge, Ketron said, "we're going to have to cut into the bone this year." He added that state finances face a "hard landing" going forward, rather than the "soft landing" Gov. Phil Bredesen said he hopes to ensure as he hands the reins to his successor, Gov.-Elect Bill Haslam.

Rob Ivy

Rob Ivy has been appointed CFO for the YMCA of Middle Tennessee, after nearly a decade as administrative partner and CFO with Salix Ventures, in Nashville. Earlier, Ivy was tax manager with Arthur Andersen. He has also practiced as Ivy Advisory Group.

HealthTrust Purchasing Group and HPG's CoreTrust nonhealthcare division are now offering members energy cost-reduction technologies from Hendersonville-based Energy Automation Systems. Release is here.

Wacker announced it is increasing to $1.45 billion its investment target in Bradley County, where it will make polycrystalline silicon for use in solar panels. It'll mean up to 750 jobs, altogether, they now say. The TFP has it.

CEO Linda Rebrovick says she is handling sales-marketing, herself, at Consensus Point, following this fall's departure of Rebecca Munn to North Highland. Rebrovick's career includes chief marketing officer duties at Bearingpoint, and sales leads for Dell, IBM and others.

Franklin-based Sum Effect Software (digiSHOP, CoreCommerce shopping cart), did well the past two years because many people started side-businesses, says founder-CEO Matt DeLong. The 13-person firm is profitable and should hit $1.5 million revenue by Dec. 31, with a $2MM goal for 2011.

Noted: Two articles on Dec. 2: The roles of physicians in relationship to pharmaceutical companies got scrutiny in this recent NashvilleScene article ... while the VUMC Reporter reported on the "crucial role of physicians in research."

The Tennessee Inventors Association meets Dec. 18 at Tech2020, at Oak Ridge. Active members are apparently mainly from Eastate. A few ideas are here.

The private-equity boom may fade, as opportunities for high-yield bonds diminish, according to this report by Financial Times.

See the previous edition of NewsBits here.

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Tags: Bill Ketron, ConsensusPoint, energy conservation, Germain Boer, healthcare, HealthTrust Purchasing Group, Linda Rebrovick, Nashville Entrepreneur Center, Nashville Health Care Council, Nashville Technology Council, Owen Entrepreneurship Center, Rob Ivy, Salix Ventures, Sum Effect Software, Vanderbilt University, venture capital, Wacker Chemie


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