Alberta Enterprise seeks new CEO

Alberta Enterprise Corp., the venture capital arm of the Alberta government, is looking for a new CEO.

In a posting on its Web site, the agency said it is looking for a person with at least 10 years experience in the venture capital industry who can work with a wide variety of stakeholders, including various levels of government.

The agency, launched in 2008 with $110 million from the province, invests in venture capital firms that back early stage companies.

So far it has put out $74 million into six venture capital funds, including Yaletown Venture Partners, Chrysalix Energy Venture Capital, iNovia Capital, EnerTech Capital, and Azure Capital Partners.
It also serves as a hub connecting investors, entrepreneurs, and experienced technology executives.

Resumes for the CEO post should be submitted by Aug. 15.

Last month Alberta Enterprise announced that it has invested $6 million as a limited partner in Avrio Ventures II, an Alberta venture capital fund that invests in later-stage food and agricultural technology, including bio-products, nutraceutical ingredients and food technology companies. Avrio is based in Calgary and also has offices in Montreal and Toronto.

It also invested $10 million last month as a limited partner in 32 Degrees Energy Technology Fund, a Calgary-based venture capital fund that backs early-to-later stage Canadian energy technology related opportunities.

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Jim Love, Chief Content Officer, IT World Canada
Howard Solomon
Howard Solomon
Currently a freelance writer. Former editor of ITWorldCanada.com and Computing Canada. An IT journalist since 1997, Howard has written for several of ITWC's sister publications, including ITBusiness.ca. Before arriving at ITWC he served as a staff reporter at the Calgary Herald and the Brampton (Ont.) Daily Times.

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