Joseph Forbes Jr. to Address Entrepreneurship at NC State Lecture Series

Entrepreneur Joseph Forbes Jr. will share his experience in founding and expanding technology companies with students, faculty and the public at North Carolina State University’s Entrepreneurs’ Lecture Series.

Forbes is president and chief operations officer of Cleartricity, a company formed to leverage wireless and wire line telecom infrastructure toward reducing peak power in the utility power grid. The Entrepreneurs’ Lecture Series will be held Monday, Nov. 3, at 7 p.m. at the McKimmon Center. A pre-lecture reception will be held at 5:30 p.m. The event is free and open to the public, but registration is requested. Register here.

During the event, Chancellor James Oblinger will announce NC State’s new Entrepreneurship Initiative.

An alumnus of NC State, Forbes helped to refine Cleartricity’s novel approach to reducing peak energy consumption utilizing standards-based, two-way wireless telecommunications to establish a power management partnership between the power utility and its customers.

Forbes is a successful entrepreneur with a great deal of experience in founding and growing technology companies from early stage start-ups to emerging growth companies to mature firms. He is an experienced CEO, operations officer, sales and marketing executive and management and technical consultant. In 2004, Forbes was named one of Research Triangle Park’s “40 under 40” young executives by the Triangle Business Journal. Holland & Knight nominated Forbes in 1997 for Entrepreneur of the Year for the Southeastern United States. He is the founder and president of the Forbes Foundation, a private foundation for children formed with the assistance of his father.

Forbes has a Bachelor of Science degree in electrical engineering from NC State. He holds three patents – one pending – in wireless telecom and has recently submitted two patent applications for the use of IP radio technologies and the application of power load management, conservation and carbon gas elimination.

The Entrepreneurs’ Lecture Series, developed by the NC State Office of Public Affairs, is designed to showcase outstanding innovation and entrepreneurship among the university’s alumni and partners. The lecture series is co-sponsored by the Engineering Entrepreneurs Program, started in 1993 to educate undergraduate engineering students in the art and science of new product development within engineering entrepreneurial and corporate environments. The students work in teams to research, design, build, test and demonstrate to business professionals their new products and business ideas.