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April 06, 2010
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FoCoMX ready to rock with 187 bands
FORT COLLINS - The second annual Fort Collins Music Experiment, FoCOMX, will rock out with 187 bands at 22 venues on April 9 and 10.

Tickets to the music festival, hosted by the Fort Collins Musicians Association, cost $15 with music of all genres. Music at most venues will start at 6 p.m. and continue until 2 a.m. on both Friday and Saturday nights.

This year's festival is adding free musician education panels, free children's workshops and two silent films with live music accompaniment. Free bus service will run between venues both nights from 8 p.m. to 2 a.m. Venues include the Aggie Theatre, Avogadro's Number, Everyday Joe's, Alley Cat Cafe, Hodi's Half Note, Lyric Cinema Cafe, Odell Brewery, Stonehouse Grille, Ramskeller in the Lory Student Center and Spotlight Music.

For a complete lineup of bands playing at all of the venues and to purchase a wristband for entry to all shows, visit www.FoCoMX.org.
Regional legislators set town hall meeting
FORT COLLINS - Three local legislators will hold a town hall meeting on April 10 to discuss local and statewide issues with area constituents.

The meeting will include Rep. John Kefalas and Rep. Randy Fischer and Sen. Bob Bacon, all Democrats representing the Fort Collins area.

The meeting will be held in the Harmony Library Community Room, 4616 S. Shields St., from 10 to 11:30 a.m.

For more information, call Kefalas at 720-254-7698, Fischer at 970-215-7898 or Courtney Law at 303-866-3844.
Historic Prange Ranch to be sold at grazing auction
GREELEY - After more than 90 years in the same family, the historic 9,920-acre Prange Ranch north of Greeley will be sold at auction on May 12.

The ranch includes 8,000 acres of deeded pasture and grazing land and 1,920 acres leased from the state, according to Westchester Auctions and Ranch Marketing Associates, which is managing the sale.

The deeded pasture and grazing land will sell in 12 tracts with the largest at 2,560 acres. Seven tracts are 640 acres each and the remaining tracts range from 80 to 400 acres. The auction will also include three homes, a bunkhouse, a dairy barn and several outbuildings.

"This is a very well-known and well-maintained ranch in a great location," said Scott Shuman, Westchester spokesman. "This has been a highly productive ranch for many years, and everything is in place for new owners to continue and establish new operations."

The ranch is located off U.S. Highway 85 about 30 miles north of Greeley and 19 miles south of Cheyenne. It was established in 1917 by Henry Prange of Nebraska. The owners will also be selling one of Colorado's oldest brands with proceeds going to benefit college-bound high school seniors through the Bill Perusek Memorial.

For more information, call 970-454-2062, 217-352-6000 or visit www.westchester-auctions.com.
RMII holds groundbreaking Wednesday
FORT COLLINS - Groundbreaking for the Rocky Mountain Innovation Initiative's new home in north Fort Collins will be held April 7 in the new Inverness Innovation Office Park, 320 E. Vine Drive.

The groundbreaking, which begins at 3 p.m., is open to the public and will include Fort Collins city officials and staff, elected state officials and funding partners for the $7.1 million project. The new building will be located in the North College Urban Renewal Area, and $2.8 million of the construction cost was granted in tax increment financing through the Fort Collins Urban Renewal Authority.

Construction funding was provided by U.S. Bank through the federal New Market Tax Credit Program. Also helping with funding were the Colorado Housing and Finance Authority, city of Fort Collins and private investment and donations.

The 32,000-square-foot, three-story building will utilize green building techniques and seek LEED Gold certification for its construction. The building is expected to be ready to occupy by the end of the year.

"The groundbreaking ceremony for the new RMI2 office space is significant for the Northern Colorado entrepreneurial community, the city of Fort Collins, and our many partners, volunteers and supporters," said Mark Forsyth, RMI2's CEO. "With humble beginnings, RMI2 is now a regional leader in business incubation and has captured the attention of organizations such as the Kaufman Foundation for its successful programs and nurturing of high-potential innovative startups."

The new building will provide ample office space at reduced lease rates for startups, which will also have access to conference room space, a shared receptionist area, training rooms for education and community events and 3,000 square feet of wet laboratory space for bioscience companies.

RMI2 was launched as the Fort Collins Technology Incubator Program in 1998 and plans call for RMI2 to incubate more than 40 startup companies over the next five years, creating at least 400 new high-wage primary jobs. Since its formation in 2008, RMI2 has accepted 24 companies into its incubator program and assisted dozens more through its programs and services.
CSU business professor wins Olympus Innovation Award
FORT COLLINS - Paul Hudnut, an entrepreneurship instructor at Colorado State University's College of Business, won the 2010 Olympus Innovation Award for his creation and development of the Global Social and Sustainable Enterprise Program.

The program is a specialized three-semester graduate business program that trains students to become global social entrepreneurs. One such entrepreneurial venture spun out of the program was Envirofit, which sells cook stoves and other affordable products in India and the Philippines that increase family incomes and reduce pollution.

Olympus is a precision technology leader that designs and delivers innovative solutions in its core areas of medical and surgical products, life science imaging systems, industrial testing instruments and cameras and audio products.

Established in 2004, the Olympus Innovation Awards Program highlights the company's commitment to technological innovation and education. 
national news
Yuan revaluation
NEW DELHI/BEIJING (Reuters) - China will ultimately decide more yuan flexibility would benefit it, U.S. Treasury Secretary Timothy Geithner said on Tuesday as Beijing defended its currency policy and said any changes would be on its own terms.

U.S. bank investors: Show me the money
NEW YORK/CHARLOTTE, North Carolina (Reuters) - Citigroup Inc , JPMorgan Chase & Co and Bank of America Corp may soon show compelling evidence that they have stopped the bleeding in terms of credit losses and loan writedowns.

JAL to cut 16,500 jobs
(Reuters) - Japan Airlines Corp plans to reduce its workforce by a third within the fiscal year to lower labor costs by 81.7 billion yen a year, the Nikkei business daily said.

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