WUTIF BOARD of DIRECTORS
(current and former)
Mike Volker (2003 – present) has been working with technology startups since 1981 when he sold his first company, one of the University of Waterloo’s first spin-off ventures, Volker-Craig Ltd. In addition to being an active angel investor, he founded BC/ASI’s Product Development Fund (a seed fund), served on the Board of Seed Management’s very successful Seed Fund and in 1999 established Vancouver’s Angel Technology Network that has raised millions of dollars for various B.C. ventures. He is Director of Simon Fraser University’s Innovation Office.
Tim Collings (2003 – present) is an active angel investor and inventor. While at Simon Fraser University, he invented the V-Chip, a view-control technology that has been legislated as a mandatory component in all TV sets sold in the USA. Recently, he was an assistant professor in TechBC’s School of Information Technology. Mr. Collings holds an engineering degree from the University of Waterloo.
Gordon Skene (2003 – present) is an investor in, and director of, numerous technology ventures. He founded Future Fund Capital (VCC) Corp and was Director of Corporate Finance at MacMillan Bloedel Ltd and President of Norsat International. He holds degrees in Science and Business from the University of British Columbia.
Bruce Schmidt (2005 – present) is a Vancouver-based management consultant focusing on technology start-ups, corporate development and corporate restructuring within the life-sciences sector. Bruce was a founding director of Genome British Columbia in 2000 then went on to co-found GenomeDx Biosciences in 2008. He has served as a director and officer for a number of high-tech and biotech companies in Canada and is past-Chairman of both the Life Sciences and Nanotechnology industry organizations in British Columbia. Bruce is currently CEO and Director of Carrus Capital Corp., Director of the WUTIF angel fund and CFO and Director of GreenAngel Energy. His community interests include being a Director of the BC Mental Health Foundation, a final juror for the New Ventures BC Competition and a mentor to the Student Biotechnology Network.
Alex Klopfer (2003-2005) has a forty-year career in the technology industry having served as Vice President of IBM, Chief Operating Officer of MacDonald Dettwiler and President of Epic Data. For the past ten years he has been working with emerging companies as an investor, director and consultant. Most recently, he was director and officer of Westport Innovations, a company now employing some 200 people having raised over $200 million in investment capital. Mr. Klopfer holds a Bachelors and Masters degree in electrical engineering.
Jim Fletcher (2003-2005) has been involved in the venture capital industry in British Columbia for more than 20 years. He was a co-founder of Ventures West Management Inc. in 1982. For the past several years, he has been an active angel investor in, and mentor to, numerous technology ventures. Mr. Fletcher holds a B.Sc. (Engineering Physics) from Queens University and an M.B.A. from the Harvard Business School. Presently he is a director of Discovery Capital, a venture capital company.
The day to day operation of the FUND will be managed by WUTIF Management Corporation acting as Manager of the Fund. Michael Volker also serves as the Manager’s President.
WUTIF intends to rely in its extensive network of mentors and advisors to assist in assessing new investments and in monitoring and managing its investments.
Compensation for directors, management and advisors will be based primarily on performance.