BIOMEC Founder And CEO, Trevor Jones, Named Ernst & Young's Entrepreneur of the Year for Innovation.CLEVELAND -- Trevor O. Jones, BIOMEC's Chairman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Founder was named Ernst & Young's Entrepreneur entrepreneur (än'trəprənûr`) [Fr.,=one who undertakes], person who assumes the organization, management, and risks of a business enterprise. Of The Year For Innovation at its June 16, 2004 Awards Event. Started in 1998 by Trevor Jones, BIOMEC's mission is to accelerate the profitable commercialization of biomedical bi·o·med·i·cal adj. 1. Of or relating to biomedicine. 2. Of, relating to, or involving biological, medical, and physical sciences. device concepts from leading research laboratories, medical institutions, universities and national laboratories. It also collaborates with both large and small biomedical companies in the design, development and manufacture of new devices with high market potential. Ernst & Young's citation Citation (foaled 1945) U.S. Thoroughbred racehorse. In four seasons he won 32 of 45 races, finished second in ten, and third in two. He won the 1948 Triple Crown, and became the first horse to win $1 million. He set a world record in 1950 by running a mile in 1:33 3/5. noted: "Trevor Jones and his staff have created a true Cleveland start-up Start-up The earliest stage of a new business venture. success story with one of the most innovative companies in Northeast Ohio. Under his leadership BIOMEC is substantially supporting the creation of a biomedical industry cluster in this region in a major and effective manner!" Todd Todd , Sir Alexander Robertus 1907-1997. British chemist. He won a 1957 Nobel Prize for his study of nucleic acids and nucleotide structures. A. Trehan, Ernst & Young's Director of Entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. Services added that "Ernst & Young's Entrepreneur Of The Year program was established to recognize and help motivate individuals demonstrating the highest levels of entrepreneurial endeavor. Such accomplishments are a reflection of the commitment that entrepreneurs have to imagine the future and become part of it, see change and embrace it, and to set the bar higher. By building strong, innovative and dynamic businesses, these remarkable individuals provide local jobs, grow our communities and strengthen our local economy." In addition to Ernst & Young the Northeast Ohio Program sponsors include Microsoft, Kauffman Foundation, Marsh, The Ohio Department of Development, and NorTech. About BIOMEC Inc. BIOMEC Inc. is a Cleveland headquartered biomedical device company established in 1998 with the specific objective of accelerating promising technology from major medical and academic institutions, national laboratories, and from internal proprietary developments to successful commercial products. Additionally, BIOMEC has product development and investment coalitions with NeuroControl Corp. in Cleveland, and the newly formed Cleveland Company, Imalux Inc. For further information, please contact Robert L. Purcell III at 216-937-2800, ext 234 (fax: 216-937-2812 or e-mail to bpurcell@biomec.com), 1771 East 30th Street, Cleveland, OH 44114. |
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