COLORADO SPRINGS TECHNOLOGY INCUBATOR CELEBRATES GRAND OPENING

Tom Hutton, 262-3439

COLORADO SPRINGS, COLO A boy diagnosed with a terminal illness was scheduled to have his right leg amputated until his father called a local technology company. With a few clicks of a mouse, the father received the latest medical information data that helped spare his son’s leg.

Technology is alive and well in Colorado Springs even with the layoffs occurring in the technology industry. People have begun to put their ideas to work, with some help from the Colorado Springs Technology Incubator.

Take, for example, Joyce Schiappacasse and Walli Carranza, two nurses who started a company called Corporate Hearts. Disappointed that the leading information wasn’t getting from research hospitals to nurses and then to patients, they decided to help clients by making information easier to retrieve.

They research and sort through mountains of both outdated and current medical advice available through medical practitioners and the internet to get the latest information. Acting as a clearinghouse for both medical information and recognized specialists, they can quickly provide that information to their client.

CSTI provides assistance to this start-up company as well as five others. CSTI is accepting applications for more technology businesses as well as venture capital opportunities from local business partners who want to help create strong local technology start-up businesses.

“Given the trying times most early stage companies are currently experiencing with private equity investment, our client companies are securing financing and growing at an impressive rate. The Incubator is right on target in supporting this early stage growth,” Gary Markle, president and CEO, CSTI, said.

CSTI will celebrate its grand opening with a ribbon cutting and cocktail reception from 5 7 p.m. Aug. 22 at the CITTI Building, on campus at 1420 Austin Bluffs Parkway. Pam Shockley, CU-Colorado Springs Chancellor, will welcome the attendees followed by remarks by several local community leaders, including Markle; Al Steiner, board chairman; Rocky Scott, president, Greater Colorado Springs Economic Development Corporation and Jim Null, city councilman. Community members will be able to talk with the staff of the six start-up companies. Reservations are required. For more information, contact Kara McAnulty, associate director, CSTI, at (719) 262-3743.

Sponsors of CSTI include the City of Colorado Springs Economic Development Corporation; CU-Colorado Springs; State of Colorado Economic Development Corporation; Hogan & Hartson, LLP; Steiner Group; Greater Colorado Springs Economic Development Corporation; Holme Roberts & Owen LLP; Sandia Advertising & Design; Van Gilder Insurance Corporation; BiggsKofford Certified Public Accountants & Business Consultants and Origin Communications.

CU-Colorado Springs, located on Austin Bluffs Parkway in northeast Colorado Springs, is the fastest growing university in Colorado and one of the fastest growing universities in the nation. The university offers 25 bachelor’s degrees, 17 master’s and two doctoral degrees. The campus enrolls about 7,000 students annually.