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ernmens research <br />opportunities to <br /> <br /> armed with a busi- <br />ness plan, officially hung bls shin~e out on a <br />new business that he called I~,regrated Power <br />Solutions, Inc., which Wotdd later be renamed <br />Cymbet. Ar the heart of the new company's <br />business plan: I5 battery chemistry patents <br />licensed from Oak Ridge National <br />Laboratory, marched with seven patents pend- <br />lng for manufacturing improvements. <br /> <br />Sparking a Connection <br /> TensonS =periences with NVZ Unio, <br />.~ Semiconductor proved invaluable when <br />Jenson booked up with Harlan Jacobs and <br />the incubaro~ that Jacobs' company man- <br />ages with the City of Elk River. <br /> As Jacobs describes it, he was floored by <br />the commercial potential of the technology <br />that Jenson had identified. Jacobs, who <br />himself has experience in the thin-film <br />industry as the former CFO of FilmTec <br />Corporation, immedlarely helped Jenson <br />raise aoou~ $300,000 through a combina- <br />tion of investments from the Anoka- <br />Sherburne County Capital Fund and me <br />Elk River Investment Club, which consists <br />of a group of private angel investors. The <br />caveat for accepting tkis funding--the new <br />bus~ness must remain in Elk River. <br /> xX/ith Jacobs' gutctance. Jenson rook <br /> <br /> <br />