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Creative, innovative risk-takers who have a vision and a passion to succeed often see value in things we find a nuisance. When you hear the word "algae", what comes to your mind first? You probably crinkle your nose and think of the stuff that grows in aquariums and pools that you're always trying to get rid of... and fast.

That's not what some scientists saw in 1985, when they were directed by defense and aerospace contractor Martin Marietta to study the ways algae could be used in long-term space flight. These scientists, based on their research, came to see how beneficial algae could be in promoting good health. With such belief in the potential of these photosynthetic organisms, these scientists bravely set out on their own, leaving their jobs, to form a company called Martek Biosciences Corporation.


Martek Biosciences discovers, develops, and brings to market life-science based products for health and well-being. They develop nutritional products and are a leader in fermentation technology. They continue to research and develop products derived from microalgae.
They have the patents on two fermentable strains of microalgae they developed which produce oils rich in DHA (docosahexaenoic acid). They have also developed and patented a process for a fungus that produces a type of oil rich in ARA (arachidonic acid). This DHA and ARA are nutrients valuable for infant development. DHA is an important nutrient for use all through a person's life.

The year 1992 was an important one for Martek Biosciences Corporation. That year they had their first license agreement for the use of their proprietary blend of DHA and ARA infant formula. Today, their "life's DHA™" and "life's ARA™" are in over 90 percent of infant formulas. Both of these healthy fatty acids are also part of infant formulas sold in more than 70 countries worldwide.


Martek Biosciences still has dreams to pursue as visionary entrepreneurs in the biosciences field. They want to identify and create new and valuable products for the nutraceutical, pharmaceutical and functional foods markets. They also are working hard to investigate nutrients and bioactive compounds that can aid in the areas of inflammation, cognitive function and cardiovascular health. They also seek to continue clinical research to explore the additional health benefits of DHA beyond brain and eye development in infants.

Martek Biosciences Corporation began when scientists saw value in something most of us would not...algae. They took a risk and pursued their dreams. Today, headquartered in Maryland, with additional facilities in Colorado, Kentucky, and South Carolina, they continue to contribute to the local economies they operate in as well as the national economy in the U.S. They are also contributing greatly to the advancement of health in people around the world.
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When you wake up and start your morning breakfast routine tomorrow, give some thought to the people who transformed the way you prepare your food and drink before you head out to face the day.

Without these business people and the companies they were involved with we'd be preparing breakfast in a less-convenient way each morning. Here are their accomplishments:

The Pop-Up Toaster

While other toasters received patents beforehand, Charles P. Strite invented his version - a pop-up one – in 1919. He applied for a patent that year and received it in October of 1921. In that same year, he started the Waters Genter Company to manufacture this new gadget. This toaster had springs put into it and a variable timer. In 1926, Waters Genter Co. marketed the first household toaster to brown bread on both sides at once. Marketed under the Toastmaster name, the heating element was set on a timer and automatically ejected the toast when done. Charles Strite's Toastmaster pop-up toaster was now available for the public. The Edison Company later took over Waters Genter Co. The pop-up toaster exists today because of a man and a company that invested money and time to make it happen.

The Microwave Oven

Percy L. Spencer worked for the Raytheon Company and invented the High Efficiency Magnetron. The magnetron is the power tube that drives a radar set. He developed a simpler version of the magnetron suitable for mass production. He saw the benefit the magnetron could have in food cooking after he walked by the device one day in the Raytheon lab and noticed chocolate he had in his pocket melted. He tested un-popped popping corn kernels in front of the magnetron, and lo and behold, they popped.

This got Spencer and Raytheon thinking. He and the company innovated, experimented, and while curiosity may kill the cat, it enlivened them to labor and come up with the first microwave oven. It took many years before a version suitable for home use became available. The first larger and heavier versions were for institutional cooking.
Percy L. Spencer eventually became Vice President and a member of the Board of Directors of Raytheon.

Automatic Drip-Brew Coffee Maker

Bunn-O-Matic Corporation introduced the very first automatic drip-brew coffeemaker, a commercial version for restaurants, and the like, in 1963. Prior to that food service businesses relied on percolators. This commercial model now seen in restaurants was the model X. It was Bunn's first pourover coffee brewer. This coffeemaker was the basis for Bunn's success as a company. George Bunn was its founder.

The first convenient and affordable automatic drip coffeemaker for home use was introduced by Mr. Coffee in 1972. This was a result of the efforts of North American Systems, Inc. founder Vincent Marotta, Sr. and his business partner Samuel Glazer.

Bunn also introduced a home drip coffee brewer that year, being a commercial quality automatic drip coffeemaker.

Breakfast just seems a whole lot easier, as do a host of other times for eating and drinking because of these creative business minds.
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There are always those who see a need in the marketplace and fulfill it. They do so through hard work, ingenuity, and countless experimentation. These three entrepreneurs proceeded with ideas that they believed would attract the interest of consumers. They were right... whether these products tickle your taste buds or not...they are food-marketing successes.

The Egg McMuffin

Invented by Herb Peterson in 1972, this item started McDonald's foray into the breakfast market. Herb was a McDonald's franchise owner in Santa Barbara, California. His invention was a variation of "Eggs Benedict", his own personal version so-to-speak. He showed it to McDonald's founder Ray Kroc upon one of his visits to Santa Barbara, and the rest is history. Soon the Egg McMuffin was part of the McDonald's menu and continues to be part of it today. All of this resulted from a man with a unique idea.

SPAM

Yes folks, SPAM. It's still popular and has been since the year of its creation in 1937 by Jay Hormel. He worked to develop a way to process and package pork shoulder to retain its taste and freshness. He held a contest to see who could come up with a name for this pork product, and all we know from SPAM lore is that a person named Ken won and received $100 for coming up with the name. Six billion cans of SPAM have been sold since 1937, and the number continues to grow towards seven billion. Hormel sells over 90 million cans of SPAM in the U.S. market each year...talk about Spamalot!

Heinz Ketchup

Henry J. Heinz, along with his brother John, and his cousin Frederick introduced tomato ketchup to the marketplace in 1875. He felt that people wanted kitchen products that would make meal preparation and taste enhancement less of a chore. He also felt that superior quality items, properly packaged and promoted would find a market and gain a strong foothold. The company's tomato condiment recipe did just that. Today, Heinz Ketchup is well, everywhere... slowly running its course out of an assortment of containers onto food of all types. A family of men plus the simple tomato made food history and continue to do so today.
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California Dreamin'

June 7th 2008 03:25
In 1956, one man had a dream and acted upon it decisively. That man was Charles E. "Chuck" Williams, the founder of what we know today as specialty retailer Williams-Sonoma Inc. Back then Chuck Williams dream was to convert the hardware store he purchased in downtown Sonoma, California into a store devoted to French cookware. He did exactly that. An entrepreneur at heart he took the risks necessary to realize a dream and forged ahead.

By 1958, his hardware store was now selling cookware and culinary utensils. With his annual trips to France, Chuck Williams became interested in classic top-quality French cooking equipment. He introduced a collection of this French cookware to the U.S. market through his store, eventually moving the store to San Francisco in


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Naikun Wind Energy Group Inc. is planning an offshore wind farm on a large-scale in Hecate Strait off the northwest coast of British Columbia (B.C.), Canada. They are proposing to construct and operate this wind farm in a 550 square kilometer permit area within the Haida Energy Field in the strait. This are has some of the most consistent and powerful winds in all of Canada. The Hecate Strait area where Naikun plans to operate is between the Queen Charlotte Islands and the B. C. mainland.

Naikun believes this wind farm will be a cost-effective, clean, domestic energy source that will serve the B.C. electricity market. The company's goal is to establish B.C. and Canada as one of the world leaders in renewable energy development.

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In 1950, William Rosenberg took a risk and opened a coffee and donut shop. By 1954, he had five of them called Dunkin' Donuts. By 1955, he was franchising them. In fact, in 1960, William (Bill) Rosenberg founded the International Franchise Association (IFA). Success magazine called him the "father of franchising as we know it today".

Today there are 7,988 Dunkin' Donut shops in 30 countries. They sell approximately a dozen coffee beverages and 52 varieties of donuts. They serve almost a billion cups of coffee per year or over 3 million per day.

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What a Little Bit of Paint Can Do

June 4th 2008 01:47
In 1883, Benjamin Moore and his brother took a risk and invested $2,000 (a lot of money at that time) to open a paint manufacturing business in Brooklyn, New York. They called the business Moore Brothers and started with one product.

Now a Berkshire Hathaway company, Benjamin Moore & Co. sells its wide array of paints, stains, and finishes through 4,000 plus independent retailers in North America. They are celebrating their 125th year in business this year. They are honouring this corporate achievement with an exhibit that highlights and chronicles colour through the decades.

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The year was 1977.

The place was Palo Alto, California.

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In 1837, William Procter and James Gamble took a chance and formed a partnership to sell their candles and soap together under one company. Thus, Procter and Gamble took a gamble, entered the wild world of business..., and won.

Today they are a multinational company with a wide variety of products from Bounty, Charmin, Crest, and Duracell, to Folgers, Pampers, and Tide to name a few. All because two businesspersons dared to forge ahead and take a risk to enter the marketplace.

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Sara Lee More than a Brand Name

June 1st 2008 20:10
In 1935, Charles Lubin, along with his brother-in-law, took a risk and purchased three bakeshops in Chicago called Community Bake Shops. Soon after, the three became seven. Eventually the company grew to what today is Sara Lee, a huge corporation with annual sales in the billions.

In 1949, Charles named a cream cheesecake, his own first product development, after his eight-year-old daughter Sara Lee. At that time, he changed the name of his company to Kitchens of Sara Lee. He was a man who demanded quality in every product made.

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