MATRIC
May 2007
Where Do We Find the Seed?
Keith A. Pauley












As the Spring growing season hits the Mid-Atlantic region, the agricultural community knows what to do and how to make their business flourish - they plant high quality seeds.

The same is true for new entrepreneurs who are starting businesses. The first step in their growth cycle is to raise the initial resources to organize both their business and technological assets. These funds are commonly called Seed Capital.

The problem for these emerging businesses is finding these seed resources. According to Michael Borrus, Founding General Partner of X/Seed Capital in his February 15, 2007 testimony before the U.S. Congress, House of Representatives, Committee on Science and Technology, Subcommittee on Technology and Innovation, these resources are hard to find.

He states, "However, there is too little venture capital available for the riskiest, de novo start-up phase of a new venture's life. That 'seed' stage-when an entrepreneur may have a good idea, some scientific validation and at best only a rudimentary technology - is typically when potential innovations are transitioned out of the lab and toward the commercial marketplace. It is when they must navigate the gap in seed-stage funding dubbed by many analysts as the 'valley of death' - a classic market failure in early stage innovation."

Many states are assisting the private sector in the development of seed stage funds, including the recently enacting legislation that created the $40 million Arkansas Risk Capital Matching Fund, to provide financing to knowledge-based companies throughout Arkansas in early stages of development.

The availability of seed stage capital is critical to the long-term success of MATRIC since our business model is to create a commercial intellectual property through either licenses with existing businesses or the start-up of new entities. To date, MATRIC has started three businesses, including:

  1. Transparent Armor, LLC, to commercialize a new optically transparent, bullet-resistant polymer material,
  2. Mountaineer Biofuels, LLC, to construct one or more biodiesel facilities using innovative continuous processing technology created for BEST Energies, and
  3. NG Innovations, LLC, to commercialize chemical purification technology for natural gas at or near well-heads.
Each of these businesses has had to go through the process of raising seed capital, which has been a significant barrier to rapidly advancing into the marketplace.

Our hope as we move forward with marketable technology advances that produce economic growth in the region is that seed capital will become more accessible, thereby promoting more growth.

As everyone knows, you can't reap a harvest without planting seeds. If you are interested in investment opportunities please contact me.

Model-Driven Development and Eclipse
Dr. Jack Smith   Leveraging Expertise for NASA IV&V
MATRIC is currently working on two software development projects for the NASA IV&V Facility that leverage the power of Model-Driven Development (MDD) and the Eclipse Modeling Framework (EMF), two areas in which MATRIC is quickly gaining special expertise rarely found outside software engineering research groups.

IV&V often involves the analysis and verification of engineering artifacts written in Domain Specific Languages (DSL) or domain-rich natural languages. Developing tools for this type of analysis can be particularly challenging due to the inability of today's third-generation programming languages to express domain-specific concepts effectively. Developing domain-specific tools traditionally involves the generation of parsers, based on well-defined grammars, that recognize the semantics unique to that domain. MATRIC has taken a model-based approach to this problem, building on our experience with Eclipse and the Plug-in Development Enivironment (PDE).

Model-Driven Development (MDD) refers to a range of development approaches that are based on the use of models as a primary form of expression. The best known MDD initiative is the Object Management Group (OMG) called Model-Driven Architecture (MDA). Generally, models are constructed to a certain level of detail, and then code is written by hand in a separate step. However, with today's tools, complete models can now be built, including executable actions, and code can be generated directly from the models, ranging from system skeletons to complete, deployable products. With the introduction of the Unified Modeling Language (UML), MDD is becoming very popular today with a growing body of practitioners and supporting tools. MDD offers a promising approach in addressing the inability of third- generation languages to express domain-specific concepts effectively. Furthermore, models can be verified by formal model checking techniques, or they can be used for automated test-case generation.

Eclipse Modeling Framework (EMF) is a modeling framework and code generation facility for building tools and other applications based on a structured data model. From a model specification described in the XML Metamodel Interchange (XMI) format, EMF provides tools and runtime support to produce a set of Java classes for the model, a set of adapter classes that enable viewing and command-based editing of the model, and a basic editor. Models can be specified using annotated Java, UML, XML documents, or modeling tools like Rational Rose, then imported into EMF. EMF provides a firm foundation for interoperability with other EMF-based tools and applications.

Biodiesel Pilot Plant
Dr. Duane Dombek   Key to Developing an Improved Continuous Process
A previous newsletter has described the ongoing construction by BEST Energies, Inc. of a biodiesel plant in Cashton, Wisconsin. This new plant will operate with continuous process technology developed by MATRIC using a combination of standard laboratory and pilot plant facilities. A critical need when developing a continuous process is a pilot unit that will accurately model the behavior of the actual production plant. MATRIC has designed and constructed a versatile small-scale biodiesel pilot plant that models the envisioned commercial process and provides the flexibility to test alternative flowsheets.

The MATRIC biodiesel pilot plant is constructed primarily of glass reaction and separation vessels, which make it convenient to observe the liquid levels and flows. A number of process pumps continuously add process feeds and circulate the streams.

This pilot facility provides the very valuable ability to quickly test both new process concepts and alternative raw materials. Although the initial design of the first commercial facility based on this process technology is essentially complete, the pilot plant is being used to investigate further process improvements, new design concepts, additional capabilities, and other feedstocks. A second generation flowsheet is currently being validated and optimized. A third generation flowsheet, which will focus on less expensive feedstocks, is currently in the planning phase, according to Don Bunning, the MATRIC engineer leading the pilot plant effort.

The capabilities provided the by the pilot plant allow the MATRIC/BEST development team to offer the leading technology for biodiesel plants in the volume range of 5 million gallons per year and greater, where the continuous process has significant advantages.

Resources
Keith A. Pauley   Research, Intellectual Property Leads to New Jobs

Funding Research will Create New Jobs and Assist in the Retention of Existing Jobs for the Valley and West Virginia.

As the legislative session approached the Charleston Regional Chamber of Commerce took the position of advocating for state government to increase research funding. One significant method of increasing funding for research was through the EPSCoR program. The West Virginia EPSCoR Office is responsible for development, administration, management, and implementation of the state's experimental research improvement program. The mission: to build "research competitiveness" within institutions, individual researchers, research teams, and collaborations between institutions throughout the state.

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