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The challenges and excitement of entrepreneurship

These two stories out of Akron highlight a couple aspects of entrepreneurship we see every day in our incubators.

Saving brains one high-tech scan at a time

The newest tenant of the Akron Global Business Accelerator (FMI Technologies, Inc)  is trying to raise $6 million to build prototypes of an imaging system and conduct clinical trials at Akron General Medical Center, Cleveland Clinic, Northeast Ohio Universities College of Medicine, and the University of Pittsburgh Medical Center to predict the onset of Alzheimer’s 20 years before symptoms occur.

FMI’s imaging system uses positron emission tomography (PET) to monitor chemical changes in the brain, starting at what is called the hippocampus, the area where short-term memory is located and the first area to be affected by Alzheimer’s.

Life-changing technology, impressive initial results and the ongoing funding search.  Just another day in the life of a high-tech NEOinc entrepreneur.

Taking risks, reaping rewards

You’re in your mid-40′s.  You’ve been with your company for thirteen years, and you’re feeling pretty comfortable about your job.  What’s your next step?

Well, for someone with the entrepreneurial bug, it’s quitting that stable job, move to a new city, and start working for a company that has yet to make a sale.

With a comparison to entrepreneurship to skydiving or mountain climbing, this article profiling Tim Held’s transfer to ReXorce Thermionics does a good job of getting into the mindset of an entrepreneur.

Just another day for NEOinc…

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