WUTIF BOARD of DIRECTORS
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, VANTEC, that has raised millions of dollars for various B.C. ventures. He is also chairman of TIMIA CAPITAL CORP.
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.
James Wilkin (2016 – present) has been involved in developing, assessing and funding commercial technologies for his entire career, and has focused on chemical, environmental and bio-technologies. He was the manager of a process technology at a large manufacturing site, consulted to private sector and government clients on new and emerging technologies, and was latterly Regional Director of the Industrial Research Assistance Program (IRAP) based in Vancouver where reviewed and approved funding to over 200 projects per year. He has a BA in Natural Sciences from Cambridge University, a Ph.D., and an MBA from Simon Fraser University.
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.