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Tag Archives: Sumesh Arora

SUMESH ARORA — November is innovation month in Mississippi

Mississippi is famous for many things, like sweet tea, catfish, and the Blues…but not necessarily innovation.  Innovation, however, is alive and well across the state and is having quite a significant impact on our economy. In fact, the combined annual revenue of homegrown companies inducted into the Mississippi Innovators Hall of Fame (http://www.msinnovatorshalloffame.com/) exceeds $6 billion and collectively they employ ...

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SUMESH ARORA — What Startups are made of

In my last column, I presented 10 key attributes of innovation: 1) intense, 2) novel, 3) narrow or wide, 4) observable, 5) value-added, 6) adaptable, 7) transformational/timely, 8) incremental, 9) operability, and 10) no guarantees (risky).  An understanding of these attributes can help us gain insight into the development process for innovative products and services.  They can also help us ...

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Hardwick to lead MAPE

The Mississippi Association of Partners in Education recently elected new officers and board members. Board member Phil Hardwick of The Hardwick Company, LLC, was elected president. Board member Maggie Stevenson of Mississippi Public Broadcasting was elected first vice president, and Vickie Powell of Mississippi Economic Council was re-elected secretary. Officers returning to fulfill remaining terms are 2nd Vice President Leslie ...

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SUMESH ARORA — PPP’s designed to bring innovations to market

Continuing the theme of public-private partnerships, we saw from the Butterfly Model in my last column that there are four sets of players who are critical to building successful partnerships.  These are 1) entities such as federal, state, county, and city governmental bodies 2) academic institutions including universities, colleges, junior colleges, technical schools, and K-12 schools 3) private sector entities ...

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SUMESH ARORA — Is innovation contagious?

W hen we hear the word contagious, we often think in terms of a disease and how quickly it may spread among the population and whether it could eventually reach epidemic proportions.  The spread of any disease is not a desired outcome, but it usually occurs by direct or indirect contact form one person to another.  The good news is ...

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SUMESH ARORA — What makes you an innovator?

I nnovation has the power to transform lives and comes in all shapes, sizes and colors; from rural and urban areas; and in small steps and in giant leaps. Generally, when one thinks of innovation, the latest electronic gadgets or self-driving cars probably jump out as the most obvious examples. Innovation in Mississippi is actually evident in many areas of ...

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ANALYSIS — Mississippi has big money invested in KiOR's financially challenged project

The eyes of the international renewable-fuels community are fixed on KiOR (NASDAQ:KIOR), a Texas-based company in which Mississippi has a large stake — specifically a $75 million interest-free loan administered by the Mississippi Development Authority. KiOR plans to build five plants in Mississippi that should convert wood chips to renewable crude through a process called pyrolysis, a feat only accomplished ...

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