0

HBS gift establishes entrepreneurship fund

first_imgHarvard Business School (HBS) Dean Nitin Nohria has announced that the Bertarelli Foundation of Switzerland, co-chaired by Ernesto Bertarelli, M.B.A. ’93, has established the Bertarelli Foundation Health and Life Sciences Entrepreneurship Fund with a generous gift to HBS.The fund will support activities at the Harvard Innovation Lab (i-lab), which leverages entrepreneurial spirit throughout the University and shows the unlimited possibilities unleashed when individuals from a wide range of fields but with a shared passion are brought together. In particular, the fund will support the Deans’ Health and Life Sciences Challenge, launched in 2012 and chaired by Nohria and Jeffrey S. Flier, dean of the Faculty of Medicine, Harvard Medical School (HMS). In recognition of the donor’s generosity, the Deans’ Challenge prize will be named the Bertarelli Prize.“Our Deans’ Challenge was created to accelerate the development of innovative solutions and help position Harvard University as the pre-eminent institution in health care and life sciences,” said Nohria. “With the generous support of the Bertarelli Foundation, we hope this challenge will inspire innovative solutions to major problems in the world’s health care system by advancing new cures and therapies, developing new ways to apply information technology, and designing new health care systems to deliver affordable health.”Ernesto Bertarelli, who along with his sister and mother founded the Bertarelli Foundation in 1998, is an entrepreneur who has had a successful career in business, finance, yachting, and philanthropy. He is the former CEO of Serono SA (formerly known Ares-Serono), a global pharmaceuticals and biotechnology leader that his family managed for three generations. In 2007, Serono was purchased by Merck KGaA. The company was subsequently known as Merck Serono SA. Since the sale of Serono, Bertarelli has focused on a number of private investment and nonprofit roles, notably Waypoint Capital, the business enterprise for the funds and investments associated with his family. One of the businesses comprising Waypoint is Gurnet Point Capital, a health care and life sciences fund recently established and based in Boston. In December 2012, Bertarelli and Hansjörg Wyss, M.B.A. ’65, announced a joint venture, Campus Biotech, a Geneva-based research and technology center focused on health, biotechnology, and life sciences.Bertarelli has been active at both HBS and HMS. At HBS, he has served as a member of the Board of Dean’s Advisors since 2011. He has been a member of the HMS Board of Fellows since 2002 and served on the HMS Biological Chemistry and Molecular Pharmacology (BCMP) Council from 2000 to 2003. He is a member of the Strategic Advisory Board at Ecole Polytechnique Fédérale de Lausanne (EPFL) in Switzerland.The Bertarelli Foundation is active in two particular areas: life sciences and marine conservation. It has helped to establish the world’s largest marine reserve in the Indian Ocean, while it also forged partnerships with Harvard Medical School and EPFL to drive innovative life science research.Earlier this year, the Bertarelli Foundation made two gifts to Harvard. Driven by the power of scientific teamwork, the foundation gave $6 million to expand the Bertarelli Program in Translational Neuroscience and Neuroengineering at HMS and EPFL. A second gift of $3 million established the Bertarelli Catalyst Fund for the Dean of HMS, with the goal of enabling key research opportunities at HMS.last_img read more

0

Fr. Lies honored with award

first_imgFr. William Lies, vice president for Mission Engagement and Church Affairs, has always admired the work of Dr. Martin Luther King Jr. But for the Catholic Charities Archdiocese of Washington and Catholic Charities USA, Lies himself is also admirable. The organizations presented him with a “Keep the Dream Alive” award in Washington D.C. on Jan. 12 at Holy Comforter-St. Cyprian Roman Catholic Church. The award honors King “by presenting awards to contemporary heroes working to keep his dream alive,” according to a press release from Catholic Charities USA. “I’m humbled and honored to have received [the award], and I accepted it for the Center for Social Concerns and on behalf of Notre Dame,” Fr. Lies said, “Especially as it was given in the name of Dr. King who has been a hero of mine and of so many who care for the poor.” Lies said the award is focused on “advocacy and poverty reduction.” “It was an opportunity to honor Dr. King, primarily, by lifting up people who have fostered the dream he expounded on,” he said. Lies expressed his belief that the award is a reflection on not only his work, but also the work of the faculty, staff and students at the Center for Social Concerns and is ultimately a reflection on the University. “[And] as you look at the work of the Center, and the ways it tries to inculcate in our students a vision for a just and humane world,” he said. “The hope is to open our students’ eyes to some of the injustice present in our world, and have it strike them.” Lies said King’s vision is derived from the call of Christ, something the University tries to emphasize through the Center for Social Concerns, as well as other programs on campus. “At some point [we want] to have the undergrads realize what their responsibilities are before God and faith,” he said, as well as their responsibility to their neighbors, both next door and across the globe. Fr. Lies had been a lay volunteer with the Dominican volunteers for a year after he attended college. “It was there that I was awakened to that part of the Gospel call, … Jesus’ walking with the poor and calling us to be with them,” he said. He said the passage from St. Paul’s letter to the Philippians about Jesus and the power of his resurrection has spoken to him throughout his work. “If we really knew Jesus and the power of his resurrection, we would be for others in a way that would be really impressive,” Fr. Lies said. “This is really about inculcating in our students that great vision of Dr. King, and some of the others, who, in Christ’s image, have called folks to be with the poor and all those on the margins,” he said. “Much of what we have to offer the Church and the world as a Catholic university is part of his vision, and that is a more just and humane society.”last_img read more

0

Individuals Convicted of Terrorism Prohibited from Leaving Peru

first_imgBy Dialogo January 24, 2012 The Peruvian government has enacted a law that prohibits granting judicial permission for travel abroad to individuals sentenced for terrorism offenses and on parole, according to a report in the official gazette. In the case of parolees sentenced for terrorism offenses, “it is prohibited to lift the ban on leaving the country, even as temporary permission, and said restriction expires once the sentence imposed has been completed in full,” the legal text published in the official gazette indicates. The law was signed by president Ollanta Humala, cabinet chief Óscar Valdés, and the president of Congress, Daniel Abugattás. Justice Minister Juan Jiménez Mayor stated that passing the law will prevent any judge from authorizing a trip abroad by a convicted terrorist. The bill was drafted in Congress following the controversy generated by the judicial permissions received by two convicted terrorists and parolees, Lori Berenson and Lautaro Mellado, to travel to the United States and Chile, respectively. Berenson, a former member of the Túpac Amaru Revolutionary Movement (MRTA), an organization defeated during the last decade, returned to Lima after spending the Christmas and New Year’s holidays with her parents in New York. The American national was granted permission from a judge to be absent from Peru from December 16, 2011, to January 11, 2012, but she returned on the 5th of this month. Mellado, another MRTA member, traveled to Chile to obtain financial assistance from his family and be treated for an illness in his country. He has not yet returned.last_img read more

0

Where the path ends and the forest begins

first_img 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The only way to change your future is to step off the path and step into the forest. No one is going to do it for you.A fixed mindset congeals your future in the past.The great tragedy of leadership is being so busy leading that you neglect your own development.Where the path ends and the forest begins:#1. Concept versus reality: The concept of growth is easier than the reality.Growth requires:Not knowing.There’s nowhere to grow if you already know.Making mistakes. Success solidifies who you are. Failure changes you.Feeling like an impostor. You have to try on new behaviors to ignite growth.“We never grow until we do something we’ve never done.” continue reading »last_img read more

0

Everyone has a list of “must haves’’ when buying, but could you miss out on the perfect property?

first_imgAuctioneer Haesley Cush said not being flexible about what you want in a property means you could continually miss out.BEFORE the introduction of web portals like realestate.com.au buyers would meet agents, quite often face-to-face at their window, and discuss their long list of expectations.Then over time this list would be chiselled down to two or three non-negotiables.It can be funny to see what the end up buying when you compare it to their list of ‘non-negotiables’ just a few weeks earlier.Most buyers will end up holding firm on things like school catchments/area, price range or size of block.Someone can start looking in one area for a brick house with views and end up buying in another area, in a Queenslander with no views, but it’s in their budget.Some do hold firm though and we’ve had some quite specific requests over the years, that no amount of negotiation can change it.I clearly remember a number of buyers over the years who bought properties to accommodate furniture, pets and people.They’d reject property after property, most ticking every other box, before they found one that would fit that one thing often at the cost of another item on the list.When I’d visit years later it was heartbreaking to see the furniture, pet or person long gone and usually storage boxes stacked in their place.I once had a buyer who turned up at an auction, for quite an expensive property and they had never shown an interest before.They bid and bid and bid and eventually bought the property for $1 million above the reserve!When I asked why, it was because they thought they could move the house to the side and make a spare block. That was true, but they never did.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North3 hours agoNew apartments released at idyllic retirement community Samford Grove Presented by When agents were so hands on with prospective buyers driving them from house to house on a Saturday we got to know them and their peculiarities really well.I met celebrities and heads of industry but the best was the bikies.I remember taking the president of a prominent bikie gang out to buy a property. The bikie was dressed in plain clothes and truth is it took me ages to realise he was a bikie.It was only when I took him through a house where the tenant always gave me a hard time that I realised something was going on.One prospective buyer helped bring a difficult tenant into line.The house was in an industrial estate and the tenant would cancel inspections, go out of his way to dress the property down and give me unbridled feedback about my choice of profession.But not on this day. He started to give me his normal snarl, until he saw my purchaser.At which point he dropped his head, looked at the ground and nervously said hello like he was a teenager face-to-face with his idol.My client acknowledged him asking “staying out of trouble?” and continued with his tour. Needless to say, inspections were a breeze after that.last_img read more

0

Bureau Veritas approves Modec’s new FSRWP vessel concept

first_imgFSRWP illustration by ModecBureau Veritas (BV), a global leader in testing, inspection and certification services, has awarded approval in principle for a new vessel concept design by Japanese FPSO specialist Modec.Modec, the global supplier and operator of offshore floating production platforms, has developed the floating storage, regasification, water-desalination and power-generation (FSRWP) vessel, which could provide clean energy and water faster and cheaper than current solutions.BV said on Wednesday that the new vessel design could provide clean power and water more efficiently and cost-effectively than conventional solutions.“As a new concept, the design is not covered by existing classification society rules but, working alongside Bureau Veritas, with its global presence, including a strong network in Africa, a key potential geographical area for FSRWP deployment, the two international businesses worked together to find a solution,” BV said.The Bureau developed new approaches to classification for this vessel, based on risk mitigation around new technology and requirements. As a result, BV awarded the AiP to the new FSRWP vessel, formally recognized at a ceremony at OTC 2018.Matthieu de Tugny, COO of Marine and Offshore of Bureau Veritas, said: “We were delighted to be able to support Modec and issue an approval in principle for the new design concept vessel.“At Bureau Veritas, we welcome innovation, and are proud to support our clients with their new ideas, using the expertise we have acquired over decades of testing, inspection, and certification, to make their ideas reality.”last_img read more

0

Sea-Mol to Build a Tank Storage Terminal in Antwerp Port

first_imgThe Japanese group MOL Chemical Tankers, a member of Mitsui OSK Lines, is partnering with the SEA-Invest port group to build a tank storage terminal in the port of Antwerp.The joint venture Sea-Mol is being set up for the purpose of constructing a tank terminal for liquid chemicals in the Delwaide dock with an investment budget of EUR 300 to 400 million (USD 351.4 to 468.6 million).The tank terminal will be located on a 45 hectare site in the Delwaide dock. This is only part of the concession area for which the port authority issued a request for proposals in 2018.A shortlist of six candidates was selected, one of them being Sea-Mol. Discussions with the latter were started with a view of making a concession agreement, while talks with the five others are ongoing aimed at making the best possible use of the remaining area.“Our port continues to be very attractive for potential investors. There are various other large investment projects in the pipeline for which we hope to receive confirmation in the very near future,” Jacques Vandermeiren, Port Authority CEO, said.last_img read more

0

Maersk Supply Service appoints new chairman

first_imgDanish offshore vessel specialist Maersk Supply Service has named Henriette Thygesen its new Chairman of the Board of Directors as of  June 1, 2019. Henriette Thygesen, Image by Maersk Supply Service (the image has been cropped)Current Chairman of Maersk Supply Service and Vice CEO of A.P. Moller – Maersk Claus V. Hemmingsen will leave A.P. Moller – Maersk end June having concluded on the separation of the oil and oil-related companies from Maersk.Henriette Thygesen has been CEO of Svitzer since September 2016. She is a member of the A.P. Moller – Maersk Executive Leadership Team and has held leading roles across a number of A.P. Moller – Maersk business units over the last 25 years, including CEO of Damco Americas. In addition to her role as CEO of Svitzer, Henriette is Chairman of Damco Forwarding and a member of the Board of Directors of COWI.“With Henriette’s experience, I am convinced she will be a strong Chairman for Maersk Supply Service as the company progresses its strategy to optimize its existing core business while diversifying into new industries and pursuing new business as an integrated solutions provider,” says Søren Skou, CEO of A.P. Moller – Maersk.Maersk Supply Service launched a new strategic direction in autumn 2016 in response to the industry downturn. The company says that the diversification strategy is paying off.  In 2018 approximately 30 percent of Maersk Supply Service’s revenue was generated from integrated solutions project activity and work within new industries, such as offshore wind and ocean cleaning.“I am very pleased to be able to pass on the baton to Henriette. With her extensive career spanning many diverse business units within A.P. Moller – Maersk, she is an experienced leader with a strong strategic, commercial and operational mindset which will benefit the further development of Maersk Supply Service. I wish Henriette all the best in her new role,” says Claus V. Hemmingsen.Henriette Thygesen said: “Maersk Supply Service is on an exciting, challenging journey to optimize and diversify its business model and I look forward to joining the team as Chairman of the Board. It has been a few years of substantial change for the company and I am impressed with the way everyone is putting their determination and passion into driving the transformation. With the right people and assets, we are in a good position to face the challenges ahead and leverage market opportunities today and in the future.”A.P. Moller Maersk had considered a sale of Maersk Supply Service, similar to how it divested Maersk Oil and Maersk Tankers, however, the company in March 2019 decided to retain full ownership of Maersk Supply Service as a result of the subdued market outlook impacting the ability to find a sustainable ownership structure for the company outside of A.P. Moller – Maersk.Maersk Supply Service was then reclassified to continuing operations as of January 2019 and the company is part of the segment Manufacturing and Others, operating almost fully independently.Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns. If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options.last_img read more

0

Messer invites students to enter art contest

first_img2016 6th District Winner, “Sisters, Sisters” by Alexa Wilson from Yorktown.WASHINGTON, D.C. — Representative Luke Messer (IN-06) invites high school students in Indiana’s 6th District to submit artwork for the 2017 Congressional Art Competition.The Congressional Art Competition is open to all high school students, grades 9-12, in the 6th District.The winning entry of the 6th District’s competition will be displayed for one year in the U.S. Capitol, alongside other contest winners nationwide.There are seven categories of original artwork that may be submitted: paintings, drawings, collages, prints, mixed media, computer-generated art, and photography.The deadline for submission of artwork is Tuesday, April 25.Students wishing to submit artwork can call Rep Messer’s Shelbyville office at 317-421-0704 to make arrangements for delivery or pick-up of the artwork.A completed Student Information & Release Form must accompany each entry.More information including competition guidelines can be found here.last_img read more

0

Rust races from ‘B’ feature to Hawkeye Dirt Tour checkers

first_imgVINTON, Iowa (May 30) – Once he made the Memorial Day main event, Joel Rust figured he had the car to be a contender.He figured right.Rust qualified for Monday’s Hawkeye Dirt Tour opener at Benton County Speedway by running second in his “B” feature, started 16th in the field of 28 and promptly raced to his career-first Xtreme Motor Sports IMCA Modified Series victory.Rust passed fellow “B” qualifier Todd Shute with 13 circuits left in the 40-lapper and led to the $1,000 checkers.“I haven’t run a lot of features that long. I knew my car was good on the bottom and I got to fifth by midway,” the new Fast Shafts All-Star Invitational ballot qualifier said. “I’d had success here in a SportMod but last night was the first night here with this car. It was cool to be able to win this race especially with the caliber of cars.”Forty-eight Modifieds, the most-ever for an HDT event at Vinton, were on hand for the holiday show.  Shute, Tony Snyder, Chris Abelson and Joe Docekal rounded out the top five finishers.Scott Hogan led the first lap before Docekal drove by and led to midway, when defending tour champion Kyle Brown took over.Brown had topped the $1,000 to win make-up feature from Sunday earlier in the program but his turn up front proved to be a short one after he got caught up with traffic and cut a tire.Docekal got the lead back for five laps. Shute was scored first the next time around and then Rust led to the finish.He’ll take the point lead to his home track for the next Hawkeye Dirt Tour show, on June 7 at Marshalltown Speedway.The Memorial Day program was interrupted briefly by rain. Other feature winners were Leah Wroten in the IMCA Sunoco Hobby Stocks, Tyler Soppe in the Karl Chevrolet Northern SportMods and Damon Murty, for the 200th time in his IMCA Sunoco Stock Car career.Murty drew the pole start and was tapped and spun in front of a Mike Galli rollover early on. He battled Jeff Mueller before capturing the milestone win by two car lengths.“It’s a pretty big accomplishment,” he acknowledged. “Our next goal is to get 300 wins. Hopefully we can do it quicker than getting the last 100 took.”Feature results – 1. Joel Rust, Grundy Center; 2. Todd Shute, Des Moines; 3. Tony Snyder, Readlyn; 4. Chris Abelson, Sioux City; 5. Joe Docekal, Dysart; 6. Corey Dripps, Reinbeck; 7. Troy Cordes, Dunkerton; 8. Kelly Shryock, Fertile; 9. Zach Less, Manchester; 10. Jerry Dedrick, Vinton; 11. David Brown, Kellogg; 12. Dakota Hayden, Wilton; 13. Mark Elliott, Webster City; 14. Ryan Maitland, Waterloo; 15. Jeff James, Stanton; 16. Patrick Flannagan, Cedar Rapids; 17. Nick Roberts, Des Moines; 18. Shane DeMey, Denison; 19. Kyle Brown, State Center; 20. Brian Irvine, Oelwein; 21. J.D. Auringer, Waterloo; 22. Scott Hogan, Vinton; 23. Mike Van Genderen, Newton; 24. Jeremiah Hurst, Dubuque; 25. J.J. Scott, Iowa City; 26. Vern Jackson, Waterloo; 27. Dennis LaVeine, Burlington; 28. Ronn Lauritzen, Jesup.1st heat (top two) – 1. Flannagan; 2. Docekal; 3. Lauritzen; 4. Irvine; 5. LaVeine; 6. Abelson; 7. Devon Havlik, Iowa Falls; 8. Brandon Maitland, Waterloo; 9. Dugan Thye, Burlington; 10. Dennis Betzer, Central City.2nd heat – 1. Kyle Brown; 2. Cordes; 3. Jackson; 4. Ed Thomas, Waterloo; 5. Scott; 6. Brennen Chipp, Waterloo; 7. Levi Smith, Donnellson; 8. Todd VanEaton, Orient; 9. Jason Snyder, Dunkerton; 10. Austin Bishop, Manchester.3rd heat – 1. Elliott; 2. Tony Snyder; 3. Rust; 4. Kyle Montgomery, Tipton; 5. James; 6. Richie Gustin, Gilman; 7. Hayden; 8. Dedrick; 9. Roberts; 10. Brett Ladehoff, Marshalltown.4th heat – 1. DeMey; 2. Hogan; 3. Shute; 4. Van Genderen; 5. Hurst; 6. Jeff Larson, Freeport, Ill.; 7. Jeff Waterman, Quincy, Ill.; 8. Racer Hulin, Laurel; 9. Steve Johnson, Camanche.5th heat – 1. Auringer; 2. Less; 3. Dripps; 4. Shryock; 5. Tom Berry, Medford, Ore.; 6. Ryan Maitland; 7. Blake Woodruff, Galesburg, Ill.; 8. Josh Barta, Cedar Falls; 9. David Brown.1st “B” feature (top five) – 1. Shute; 2. Lauritzen; 3. Abelson; 4. Shryock; 5. James; 6. Larson; 7. Dedrick; 8. Thomas; 9. Smith; 10. Woodruff; 11. Thye; 12. Johnson; 13. Bishop.2nd “B” feature – 1. Dripps; 2. LaVeine; 3. Jackson; 4. Hurst; 5. Hayden; 6. Chipp; 7. Ryan Maitland; 8. Montgomery; 9. David Brown; 10. Hulin; 11. Brandon Maitland; 12. Jason Snyder; 13. Ladehoff.3rd “B” feature – 1. Irvine; 2. Rust; 3. Van Genderen; 4. Roberts; 5. Scott; 6. Havlik; 7. Barta; 8. Betzer; 9. Berry; 10. Gustin; 11. Waterman; 12. VanEaton.last_img read more

12319