News and Key Milestones 2008
Advisory Board Appointment to ACCORD Program: October , 2008 Trade Mission to Israel: September 20, 2008 Joint Venture with Immuno-Genic Corporation Inc.: August 18, 2008 Business Development Alliance with the Ugroup Inc.: August 15, 2008 Board Appointment to Hydrogen Engine Center Inc.: May 20, 2008 Alliance with Capability Snapshot: April 2008 Ivette Vera-Perez joins Bay Stream Ventures: January 15, 2008
October 2008
Advisory Board Appointment to ACCORD Program
Jan Rowinski is nominated to the Advisory Board of the ACCORD (Action concertée de coopération régionale de développement) Program. The purpose of the program, a strategic approach to regional economic development introduced in 2002 by the Québec Government, is to build a competitive regional production system in each region in Québec through the identification and development of niches of excellence that might become regional hallmarks. The ACCORD program is a Québec-wide project involving cooperation between three main partners: Québec's regions, the Québec government and the Société générale de financement (SGF). Other partners can be brought on board depending on the specificities of a given region. The Program encourages networking among business stakeholders and entrepreneurs in a region who share a similar vision of their sector of activities, understand each other’s potential strengths and weaknesses and who are able to define a long-term strategy to be applied in their sector. (Ministère du Dévelopement économique, Innovation et Exportation, Québec)
September 20, 2008
Trade Mission to Israel
Jan Rowinski traveled to Israel as part of a Quebec Trade Mission focusing on Aeronautics, IT, Health Care and Clean-Tech. Bay Stream Ventures (BSVI) had been invited to help organize this week-long trip by the Quebec Development and Export Ministry. Hydrogen Engine Center Inc. (HEC) – a BSVI client – partly sponsored the event and Ted Hollinger, its CEO, traveled to Israel with Jan. This was a highly successful trip resulting in several new business opportunities in the form of potential clients and partners being established by both BSVI and HEC. (www.hydrogenenginecenter.com)
August 18, 2008
Joint Venture with Immuno-Genic Corporation Inc.
Bay Stream Ventures and Immuno-Genic Corp., a Florida Company, enter into a Joint Alliance that will see the formation of a new Company, under common ownership, for the development and commercialization of Therapeutic Medical Devices in the field of BioPhotonic Medicine based on “laser light”. The Technology, developed over a period of years by IGC, patented in 23 Countries, is applicable to both the Human and Veterinary Markets. As part of the Joint Venture Agreement, all Intellectual Property will be transferred and owned by the new Company, Immuno-BioPhotonics, a Canadian Company.
August 15, 2008
Business Development Alliance with The Ugroup Inc.
The Ugroup, Inc. (San Jose, California) and Bay Stream Ventures today announced the signing of an agreement which formalizes their existing business relationship. The agreement includes provisions that regulate cooperative business development, sharing of office space and client mandate execution. Both companies target mid-market clients with Advisory and Merchant Banking services. Bay Stream Ventures focuses on Semiconductor and Software Technologies, Clean-Tech and Life Sciences while The Ugroup specializes in Semiconductor Equipment and Energy projects. A full Press Release can be downloaded here. (www.theugroup.com: The Ugroup)
May 20, 2008
Board Appointment to Hydrogen Engine Center Inc.
Hydrogen Engine Center, Inc. (HEC) (OTCBB: HYEG.OB) announce today the appointment of Jan Rowinski, Managing Partner and Co-Founder of Bay Stream Ventures to the Board of Directors of HEC Canada. HEC designs, manufactures and distributes alternative-fueled internal combustion engines, engine controls and fuel delivery systems and power generation equipment for distributed power, agricultural, industrial, airport ground support, off-road vehicular, business and home applications. All HEC engines and power generation equipment are capable of running on a multitude of fuels, including but not limited to, hydrogen, ammonia, synthetic gas, coal bed methane, gasoline, and ethanol. (www.hydrogenenginecenter.com: Hydrogen Engine Inc.)
April 2008
Alliance with Capability Snapshot
Bay Stream Ventures and Capability Snapshot Inc (CSI) formalize an alliance aimed at enabling Bay Stream Ventures to bundle CSI Products into its BayStream Analytics™, Consulting Solutions Suite. The two companies have been working together for some time to define how best to integrate CSI technology – which is used to efficiently collect and analyze business intelligence data - with Bay Stream Ventures expertise in Merchant Banking and Business Development. The developer of the technology is Peter Duffield, CEO of CSI, who developed most of its diagnostic tools. He was a senior executive with DuPont Canada with 20+ years of entrepreneurial consulting and applications experience. (www.capsnap.com: Capability Snapshot Inc.)
January 15, 2008
Ivette Vera-Perez joins Bay Stream Ventures
Bay Stream Ventures welcomes Ivette Vera-Perez to the firm as Partner. A business person and a professional engineer, Ivette brings to Bay Stream Ventures significant Cleantech experience, most notably in the fields of Alternative and Renewable Energy Business sectors. With the soon to be established CO2 Carbon Exchange in Montréal, in addition to the C40 and C80 Cities global initiatives, Ivette plans to apply her expertise and knowledge to help those who wisely seek council on how to capitalize on the CO2 Carbon credits process.