AAA Miner digs into Maryland role

Miner digs into Maryland role

Jack Miner, former managing director at Cleveland Clinic Ventures, the corporate venturing arm of US-based healthcare system Cleveland Clinic, has joined the US State of Maryland’s venture investment unit.

Miner starts today as chief investment officer at Tedco, which runs the Builder, Seed and Maryland Venture Funds backing more than 400 investments. He replaces Tedco’s interim managing director, Elizabeth Good Mazhari.

Troy LeMaile-Stovall, Tedco’s CEO and executive director, said: “Leveraging his extensive knowledge of the entrepreneurial and venture capital community, we are looking forward to the impact [Miner] will make.”

Miner added: “Tedco’s work over nearly 23 years created momentum on which it can provide the necessary funding to ‘lead innovation to market’.”

At Cleveland Clinic Ventures until April 2020, Miner oversaw a team focused on its portfolio companies and led efforts to spin off new companies.

Previously, Miner was the director of the Venture Center at University of Michigan (UM) Tech Transfer where he launched more than 50 startup companies and worked with a portfolio of more than 300 emerging technologies spanning all industries.

Photo of Jack Miner courtesy of 20Fathoms, Northern Michigan’s Tech Incubator.

By James Mawson

James Mawson is founder and chief executive of Global Venturing.