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Elizabeth Edwards

Elizabeth Edwards's Latest Articles

Foxfire helps firefighters with smoke vision

Former Eli Lilly sales manager and volunteer firefighter Zachary Green started MN8 Products, which makes Foxfire high intensity photo luminescent (glow in the dark) coatings and products for firefighters, in 2010. Green, a Marine Corps veteran, worked in the corporate world for 18 years, first for SAP and then later for Eli Lilly. He had been at Lilly for eight years when the economic recession hit. His choice: move to Indianapolis or take a corporate buyout during one of the worst recessions in history. "I'm not the type of guy that's meant to be in a cube," says Green.  As a volunteer firefighter, Green saw an opportunity to use the glow technology to coat equipment that firefighters use in the dark. "I had put the coating on my helmet and then used it in a fire," he says. "The other firefighters were amazed at how effective it was and wanted to use it on their helmets. I knew we were on to something." Three of the top risks faced by firefighters are visibility, accountability and disorientation. Foxfire illumination helps firefighters keep track of their tools and each other in a dark, smoky fire. The turning point for Green was the Fire Department Instructors Conference (FDIC) in Indianapolis, the largest conference and tradeshow for firefighters, which welcomes 34,000 firefighters every year. "We were the busiest booth in the tradeshow," Green says. "We ran out of product samples three times and had to send people back to Cincinnati to get more." That month, the company received over $85,000 in orders, beginning a trend that hasn't stopped. The new challenge is managing a startup that is growing really quickly – and keeping enough cash in hand to turn around orders. Green has self-financed his company and has used a line of credit to manage the time between manufacturing product and getting payments from customers. "My training from the Marine Corps taught me to always plan for the worst case scenario, so I had contingency plans for how to manage large, unexpected orders," Green says. Despite the anxiety that comes with starting a new company in a down economy, Green has no regrets. "I'm having the time of my life."By Elizabeth Edwards

Chandler adds insight to elevator pitches

Matt Chandler's journey from the corporate world to the startup world should come as no surprise. "Entrepreneurship runs in the family — it's only recently that I started to appreciate how much it's a part of me," he says. "I was always doing something creative — I was in a band in college and I always had something going on." The founder of Elevator Insight, Chandler now helps startups and large brands alike distill their elevator pitch into an entertaining two-minute animated video. The videos are being used by startups such as Plan B Flights, Acceptd and Time Timer — and word is spreading. So far, all of Elevator Insight's business has been through word of mouth. Chandler went to work for BASES when he graduated from Miami University, working in consumer market knowledge and analysis. "It was a great experience," he says. "I was exposed to both the analytical and creative sides of the business." Chandler left to become a freelancer and producer at Crossroads, where he is now the Director of Communications. He leads an internal creative agency at Crossroads, creating communications, web content and the well-known and memorable weekly signs at the corner of Ridge and Madison Roads in Oakley. "Finally, I identified what I'm really good at — and that's leading creative teams," he says. "That's what I get to do now at Elevator Insight. I spend time with startups and larger brands, helping them distill their pitch into a succinct two-minute video, which we then animate." One of Chandler's many creative talents — as a voice-over artist — led him to create Elevator Insight. When Chandler's dad needed a video for his dental product company, Chandler volunteered to help him create an animated video. Soon, he started getting calls from other startups. Elevator Insight's videos are priced for small to medium-sized businesses and their entertaining portfolio of work can be viewed here.By Elizabeth Edwards

Deadline for $90,000 in grants for entrepreneurs: July 15

Cincinnati Innovates, the region's third annual online innovation competition, is heating up, with more than 120 aspiring entrepreneurs already competing for almost $90,000 in grant awards and a top prize of $25,000. The competition accepts entries online until July 15, 2011, and is open to anyone in Southwest Ohio, Northern Kentucky and Southeast Indiana. "We are seeing some really interesting concepts and ideas this year," says James Zimmerman, partner at Taft Stettinius & Hollister, a sponsor of the event.   Entries include products, web and mobile applications, technologies, medical devices, tools and toys. A few examples: • Vendi is a filling station for reusable bottles: an environmentally friendly alternative to bottled beverages and vending machines. • SimpleRegistry is an online gift registry for life events that provides the flexibility of receiving cash gifts. • Hepato-Seal is a multifunctional laparoscopic medical device for liver resection. • WantBug is a reverse auction for cars. Car buyers place a "want" listing for the car they want to buy, then WantBug sends the listing to hundreds of local dealers who bid on the opportunity to sell the car. • ChoreMonster is a suite of mobile applications that helps parents get kids to do their chores. • Inkdt guitar skins offers an easy and affordable way to add custom artwork to any electric, acoustic or bass guitar. • Acceptd is a web-based tool that simplifies the video application process for university programs and saves time and money for both applicants and program directors. The goal of Cincinnati Innovates is to connect entrepreneurs to all the resources our region has to offer: incubators, angel investors, banks, mentors and experts. Past winners have received national media attention and have collectively raised more than $3 million in follow-on financing.  The competition is open online at www.cincinnatiinnovates.com. The entry process is simple requires only a short description of the concept. Photos, videos and other media are also accepted and materials can be submitted confidentially to the judges.  "My company has come such a long way in the last year, and much of that is thanks to winning Cincinnati Innovates," says Jocelyn Cates of VenueAgent. Cates, a marketing professional, proposed a wedding and event venue booking website that took the top prize of $25,000 last year. Cincinnati Innovates is sponsored by CincyTech, Taft, LPK, Vision 2015, the NKY eZone, Cincinnati Children's Hospital and 20 other regional sponsors.By Elizabeth Edwards

My Soapbox: Bill Cunningham

In the startup community, Bill Cunningham is known as a man of action. The founder of five startups has spent the past 20 years as an advocate, teacher and mentor to budding entrepreneurs. Soapbox asked next generation startup leader, Elizabeth Edwards, to talk with Cunningham about his past and offer advice for future entrepreneurs.

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