Glassboro, NJ, December 9, 2014 – According to Rowan Today, “The Rowan Innovation Venture Fund, LLC appointed technology leader Howard Lubert as managing director, bringing the Fund one step closer to accepting applications for its first investments. Established by the Rowan University Foundation in February 2014 with a $5 million commitment spanning five years, the Fund will accelerate the growth of Rowan’s research initiatives as it invests in University-generated technologies, intellectual property, inventions and businesses.”
“Angel and venture capital experience Co-founder and area president of Keiretsu Forum Mid-Atlantic, the local branch of the world’s largest private equity angel investor network, Lubert brings to Rowan more than 30 years of experience in business, angel and venture capital investing, and technical due diligence. Keiretsu Forum has more than 1,100 accredited investor members in 34 chapters on three continents who have invested more than $490 million in early-stage companies in the last 15 years.”
“Howard Lubert’s expertise will be critical as we make our first investments and encourage innovative research and business initiatives,” said Dr. Ali Houshmand, Rowan’s president. “Rowan is committed to serving as an economic engine for the region, and this Fund will accelerate our efforts by serving as an important catalyst for growth.”
Increasing commercialization and technology development Lubert will manage, operate and administer the Fund, ensuring the success of its investment ventures. Lubert, who among other positions was an adjunct professor and entrepreneur in residence at Temple University’s Fox School of Business and a fellow of Fox’s e-business Institute, will work closely with the Foundation Board and other University administrators and staff to increase Rowan’s commercialization and technology development efforts.
The Fund will provide individual investments ranging from $25,000 to $100,000 for pre-seed and seed-stage businesses, research initiatives and technologies developed by members of the Rowan University community, enabling Rowan’s faculty, students and alumni to bring their business ideas and research to life, according to Foundation Board Chair Joe Bottazzi.
For the complete story, click here.
“Angel and venture capital experience Co-founder and area president of Keiretsu Forum Mid-Atlantic, the local branch of the world’s largest private equity angel investor network, Lubert brings to Rowan more than 30 years of experience in business, angel and venture capital investing, and technical due diligence. Keiretsu Forum has more than 1,100 accredited investor members in 34 chapters on three continents who have invested more than $490 million in early-stage companies in the last 15 years.”
“Howard Lubert’s expertise will be critical as we make our first investments and encourage innovative research and business initiatives,” said Dr. Ali Houshmand, Rowan’s president. “Rowan is committed to serving as an economic engine for the region, and this Fund will accelerate our efforts by serving as an important catalyst for growth.”
Increasing commercialization and technology development Lubert will manage, operate and administer the Fund, ensuring the success of its investment ventures. Lubert, who among other positions was an adjunct professor and entrepreneur in residence at Temple University’s Fox School of Business and a fellow of Fox’s e-business Institute, will work closely with the Foundation Board and other University administrators and staff to increase Rowan’s commercialization and technology development efforts.
The Fund will provide individual investments ranging from $25,000 to $100,000 for pre-seed and seed-stage businesses, research initiatives and technologies developed by members of the Rowan University community, enabling Rowan’s faculty, students and alumni to bring their business ideas and research to life, according to Foundation Board Chair Joe Bottazzi.
For the complete story, click here.