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RTP-based First Flight Venture Center names Andrew Schwab president

Monday, April 11th, 2011

First FlightRESEARCH TRIANGLE PARK, NC - First Flight Venture Center has appointed Dr. Andrew Schwab as President of First Flight Venture Center.  Schwab has served in an interim capacity since the passing of former Executive Director John Draper, in early summer.

Schwab is a successful entrepreneur with over 20 years operational experience in early stage startups. He has led two RTP based companies to Triangle Fast 50 awards over the last 10 years and has participated in two successful exits.

His management skills cover all phases of technology development, funding and commercialization. Dr. Schwab received his BSEE from Duke University and PhD in Electrical Engineering from the University of Virginia.

Schwab’s extensive management and operational skills “make him an ideal candidate for the position,” according to Dr. Terry Kane, Chairman of the Board.  “During his time at First Flight, he has worked to help build and support FFVC’s expansion into the life science arena and support emerging technology companies.  These are critical missions for the State of North Carolina,” said Kane.

“I hope to bring positive changes to First Flight,” says Schwab. “To be an effective resource for all start-ups, we are creating new programs, courses and networking opportunities to emerging growth companies at all stages. We want all striving entrepreneurs to have the resources to make their venture a successful one.”

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