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Celebrating Connecticut’s Youth & Collegian Women of Innovation®

in partnership with Connecticut Technology Council

June 11, 2020

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Agenda

• Opening Remarks (Ron Angelo)

• Celebrating Youth & Collegian Women of Innovation® in partnership with CTC

• Federal Updates (McAllister & Quinn)

• CT Manufacturers Perspectives

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Presenters• Ron Angelo, CCAT, President & CEO

• AMEP Co-Chairs

– Hartford-Area: Glenn Ford, President, Phoenix Manufacturing

– Central CT: Charles Daniels, Chief Financial Officer, Wepco Plastics

• McAllister & Quinn

– Chris Fish, Vice President

– Jake Parduhn, Director of Federal Affairs

• Inspiring STEM Equitability Award finalists

• Large Business Innovation & Leadership finalist

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Celebrating Youth and CollegianInnovation & Leadership

ccat.us/womenofinnovation

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Women of Innovation® Finalists

Inspiring STEM Equitability Award finalistsAwarded to an individual, irrespective of gender expression, 17 years of age or older who has demonstrated a commitment to promoting equitability, diversity, and inclusivity in STEM.

Large Business Innovation & Leadership finalistsAwarded to a woman with at least 3 years of experience in technology, science, or engineering who has managed a program, project, or business unit in an exemplary way in a large corporation (> 500 employees) or professional services firm.

ccat.us/womenofinnovation

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Women of Innovation® Finalists

Youth Innovation & Leadership FinalistsAwarded to a high school Junior or Senior student who has demonstrated exceptional academic achievements in technology or science, or who has displayed inventiveness or creativity

Collegian Innovation & Leadership FinalistsAwarded to an undergraduate or graduate student who has demonstrated exceptional academic achievements in technology, science, or engineering, or who has displayed inventiveness or creativity

ccat.us/womenofinnovation

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Ellen LastInspiring STEM Equitability Award Finalist

Experience Design Consultant | Slalom Consulting

Passionate about helping others identify and implement innovative solutions to their business challenges through the power of Human Centered Design.

→ Over 12 years’ experience in Product Management, Design Thinking and Innovation

→ Designs and delivers full user experiences and applications at small startups to global corporations

ccat.us/womenofinnovation

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ccat.us/womenofinnovation

Collegian Innovation & Leadership Finalist

Sarah WojiskiLarge Business Innovation & Leadership FinalistDirector of Education & External Programs | The Jackson Laboratory

→ Her cancer-battling startup was awarded the “Technology-in-Space Prize” by the ISS U.S. National Lab and Boeing

→ Doctoral research focuses on developing materials that promote bone regeneration

→ Over ten academic publications and five patents

Leila DaneshmandiPhD Candidate | UConn School of Engineering

Leila is a student entrepreneur passionate about bringing real-life healthcare solutions to those in need.

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ccat.us/womenofinnovation

Collegian Innovation & Leadership Finalist

Sarah WojiskiLarge Business Innovation & Leadership FinalistDirector of Education & External Programs | The Jackson Laboratory

→ Environmental justice advocate passionate about creating a more inclusive environmental movement

→ The first Black person in American history to receive the Truman, Udall and Rhodes Scholarships

→ Proud daughter of Kenyan immigrants

Wanjiku (Wawa) GatheruUndergraduate Student | UConn

Wanjiku aspires to pursue a public service career empowering community of color in the environmental decision-making process.

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Kayla CloutierInspiring STEM Equitability Award FinalistPrincipal R&D Engineer | Medtronic

ccat.us/womenofinnovation

Collegian Innovation & Leadership Finalist

→ Three-time ISEF finalist and Gerber Medal of Excellence recipient→ Co-chair judge of the Urban School Challenge category at the

Connecticut Science & Engineering Fair→ Co-founder of Ambrosia, an early-stage nutritionally-tailored

platform for promoting healthier eating

Maya GeradiUndergraduate Student | Yale University

Maya is an aspiring chemical engineer and passionate about growing science outreach for younger students.

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ccat.us/womenofinnovation

Youth Innovation & Leadership Finalists

Katherine CoynerInspiring STEM Equitability Award FinalistAssociate Professor of Orthopedic Surgery | UConn Health

Ananya AggarwalGlastonbury High School

Mina KimAmity Regional High School

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ccat.us/womenofinnovation

Youth Innovation & Leadership Finalists

Sonya RichmondInspiring STEM Equitability Award FinalistBoard member | Connecticut Invention Convention

Lola KovalskiHartford Magnet Trinity

College Academy

Audrey LarsonWallingford Public Schools

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ccat.us/womenofinnovation

Youth Innovation & Leadership Finalists

Carla LopezInspiring STEM Equitability Award FinalistGlobal Supply Chain COE Specialist | Pratt & Whitney

Meghan OgrinzJoel Barlow High School

Sophia WangAmity Regional High School

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Youth Innovation & Leadership Finalist

Niasia WilliamsInspiring STEM Equitability Award FinalistMechanical Systems Engineer | Pratt & Whitney

ccat.us/womenofinnovation

Melissa WooGreenwich High School

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Videos and profiles are available at:

ccat.us/womenofinnovation

Join us next week as we continue to spotlight this year’s finalists!

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McAllister & Quinn Federal UpdateHEROES Act (4th Stimulus Package)

• The House of Representatives passed the $3 trillion HEROES Act stimulus package on Friday, May 15th.

– Next Steps: To be taken up in the Senate, requires Senate passage, then requires the President’s signature.

• $3 trillion stimulus package is a non-starter for Senate Republicans. Bipartisan support for state and local government aid. Expect the House version of the HEROES Act to change dramatically.

• Senate Republicans and Trump Administration “red-line” on liability protection for businesses. Still no draft Senate legislation addressing this.

• Expect a delay – Senator McConnell has stated that the Senate will not take up 4th stimulus package until after July 4th. Likely late-July time period.

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PPP Loan Forgiveness Legislative Changes –Payroll Protection Flexibility Act

• Payroll Protection Flexibility Act has been signed into law, making the loan forgiveness modifications in effect.

• Reminder on PPP Loan Forgiveness changes:

– Existing PPP borrowers can choose to extend the eight-week period to 24 weeks, or they can keep the original eight-week period.

– The payroll costs expenditure requirement drops to 60% from 75%

– Borrowers now have five years to repay the loan instead of two. The interest rate remains at 1%.

– Borrowers can use the 24-week period to restore their workforce levels and wages to the pre-pandemic levels required for full forgiveness. This must be done by Dec. 31, a change from the previous deadline of June 30.

– Deferral period on loan has been changed from six months to the time that the forgiveness amount is received by the borrower.

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Federal Reserve’s Main Street Lending ProgramNew Changes/Guidance

• Main Street Lending Program is an additional loan program option for small and medium-sized businesses. Eligible for firms up to 15,000 employees. Detailed information has been covered in past CCAT webinars (see CCAT website).

• Minimum loan amounts available have been reduced (from 500k to $250k) and maximum loan amounts increased for all loans (max for new loans now $35M).

• Maturity date of all loans extended to five years with no principal payments until the end of year three.

• Lender risk retention reduced from 15% to 5%, allowing greater access for companies with high debt loads.

• Program has been plagued by delays, should be up and running soon.

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Employer’s Perspectives

• Glenn Ford, President, Phoenix Manufacturing

• Charles Daniels, CFO, Wepco Plastics

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Girls and Manufacturing

Wepco Virtual Tour Previewhttps://youtu.be/LRmocBIbBWs

www.wepcoplastics.com

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• The Digital Twin, aka Model Based DefinitionTuesday, June 16 | 11:00 AM – 12:00 PM

• Implementing 3D Metal Printing in Your CompanyThursday, June 18 | 12:30 – 1:30 PM

• Industry 4.0 and Smart ManufacturingFriday, June 26 | 10:00 – 11:00 AM

• Machine Tool Probing for Industry 4.0Monday, June 29 @ 10:00 – 11:00 am

ccat.us/incumbent-worker-training

FREE Industry 4.0 WorkshopsFor CT small to medium sized aerospace & defense manufacturers

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On Demand Any Time• Design to Print Technology

• Data Dashboards & Applied AI

• Predictive Maintenance Technologies

• IoT/Cloud & Cognitive Computing

• Modernization Strategies;

• High Speed Contact Metrology

ccat.us/incumbent-worker-training

FREE Industry 4.0 WorkshopsFor CT small to medium sized aerospace & defense manufacturers

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Every Thursday

@ 12pm

By CT Manufacturers for CT Manufacturers

• 6/18 Financial Wellness

• 6/25 AI in Advanced Manufacturing with Dr. Mark Maybury | Stanley Black & Decker

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Follow-Up

Slides have been posted on the CCAT website:

https://www.ccat.us/2020/06/11-webinar/

• CCAT Point of Contact:

Lynn Raicik, Associate Director, Workforce Pipeline Programs lraicik@ccat.us, (860) 982-6637

• For questions or suggested topics for upcoming webinars, email:workforce@ccat.us

This information is provided for general informational purposes only and should not be relied on by any party for any reason. All liability with respect to actions taken or not taken based on the information provided are hereby expressly disclaimed. The information is provided “as is” and no representations are made that the information is “error free”. We reserve the right to change or delete any information contained herein at any time without notice.