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Authorizing & Approving the execution of a certified Technology Park Agreement with the Redevelopment Commission, and the Indiana Economic Development Corporation
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Authorizing & Approving the execution of a certified Technology Park Agreement with the Redevelopment Commission, and the Indiana Economic Development Corporation
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3/11/2009 3:14:13 PM
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3/11/2009 3:14:12 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
12/8/2008
Ord-Res Number
3929-08
Bill Number
08-110
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CTP Application <br />Innovation park @ Notre Dame <br />ATTACHMENT A <br />Company Narrative <br />F,mNet T.T,(" <br />EmNet LLC was established in May of 2004 by two graduate students from the University of Notre Dame. <br />The company was established to assist faculty members from the departments of Electrical Engineering <br />and Civil and Environmental Engineering of the University of Notre Dame in a research project. <br />The project was funded by the Indiana's 21St Century Technology Fund and addressed Combined Sewer <br />Overflows (CSO). CSOs occur when wet weather conditions overwhelm wastewater treatment plants <br />(WWTP), as result, WWTP operators are forced to release raw sewage to lakes, rivers, and oceans. Every <br />year the volume of raw sewage equivalent to the water carried by the Mississippi river during one week is <br />released by CSOs. <br />This problem affects more than 700 cities in USA. Indiana has more than 100 CSO communities that are <br />expected to spend more than $17 Billion in CSO abatement programs in the next 20 years. As a result of <br />the research project some joint intellectual property was generated along with a prototype system for CSO <br />abatement. The prototype system uses low-power wireless technology and specialized software to control <br />flows throughout the wastewater collection system. This system has the potential of being more effective <br />and more economic than other available solutions. <br />In March 2007, EmNet LLC secured another grant from the 21St Century Technology Fund to finalize the <br />development of its CSO solution. This will allow EmNet to move from product development to <br />production. EmNet is involved in a number of additional research projects involving EmNet's low-power <br />wireless technology for environmental applications, such as water quality monitoring in lakes and rivers, <br />biosensors, heating, ventilation, and air conditioning systems, and biochemical agent monitoring systems. <br />EmNet business model is based on a three tier structure that includes low cost preprogrammed hardware, <br />engineering services, and data hosting and maintenance services that is appealing to small resource- <br />constrained municipalities. <br />EmNet is owned by Luis Montestruque Ph.D. and small group of experienced investors. These investors <br />are composed by successful local entrepreneurs with extensive experience in the areas of manufacturing, <br />water industries, software and hardware commercialization, and other related industries. <br />
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