My guest on Wednesday, October 21, 2009, will be David Hochman and joining us will be my guest panelist John Berenyi who last was on The Advocates’ year end program on December 31, 2008. This week’s topic will be the role Incubators play regarding industrial development, job creation, and commercial expansion.

David Hochman is a consultant in technology-based economic development, serving clients in the government and non-profit sectors. In the New York area, he serves as founding Executive Director of the Business Incubator Association of New York State. As a national consultant, he has played key roles in landmark studies such as Battelle’s biannual survey of state-level programs for the Biotechnology Industry Organization (BIO), and a recent study for the Association of University Research Parks (AURP).

Earlier in his career, he served as Deputy Director of the New Jersey Commission on Science and Technology, where he managed a $125 million program of capital investment and annual operating grants in a dozen academic/industrial research centers, and created a network of associated business incubators and technology-commercialization programs.

In the early 1980s, he co-founded and served as COO of a software venture based in New York City. He holds an A.B. in history of science from Princeton University and an MBA in finance from NYU’s Stern School of Business.

John Berenyi currently he advises governments, corporations and non profit organizations from Mt. Vernon, NY to South Carolina and cities in South Florida on sustainability, risk management and strategic planning related to alternative energy. Internationally, he is an advisor on these matters to companies and public entities in Israel, New Zealand, Hungary and other areas.

He has over 25 years of experience as financial advisor, technology and economic consultant and investment banker.  His work has been at the intersection of engineering, business law, urban planning, management, economics and finance. This background includes: executive positions (as Managing Director and Partner) and senior investment banking and risk analysis responsibilities at Citicorp (in NY and London), L. F. Rothschild and Co., HSBC Capital Markets and as a consultant to many financial firms in Chicago, Philadelphia, Miami and Boston.

The focus of his activities: alternative energy projects, power systems, solid waste facilities, mass transit authorities, highways and bridges, affordable housing and mortgage finance, water and sewer systems, long term care facilities, non-profit institutions such as universities, museums, stadiums, hospitals and nursing homes.  Many of his transactions were “first of its kind” and were later emulated by others in the financial community. He is involved in the development of many public/private project partnership financings in the US and Europe. As senior investment banker, served as managing underwriter for the debt issues of various state and local public agencies and authorities. He completed complex public housing projects in over a dozen states. Many small technology companies are also using his services a financial advisor and technology/development consultant.

Has undergraduate and graduate degrees in industrial engineering, management sciences and applied economics and public finance from Columbia University; he is an active  member and frequent program leader  of the monthly meetings of the  multidisciplinary  University Seminar on Organization and Management at Columbia and was named a Loeb Fellow in Advanced Environmental Studies at Harvard University. He worked as the Co-Chairman of the NY State Task Force of business and economic leaders and citizens established   to support the amendment to the NY State Constitution which now allows “Tax Increment Financing” by communities throughout NY.

David Hochman  and John Berenyi

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