In the News
Visit by Entrepreneur-in-Residence a Huge Success
Ron Basini, the CEO of the West Virginia Angel Fund, served as Entrepreneur-in-Residence from October 13-19. During that time he attended meetings of the Business Advisory Board and the Montana Business Incubator, gave three lectures, met with the leaders of two Angel Groups, and worked with two inventors on possible funding options for their start-up companies. “The only thing that I didn’t get to do in Montana was ride a horse,” said Basini, an avid horseman.
A native of New York City, Basini has spent 40 years building a balanced approach to founding, funding and growing new companies as well as teaching courses in new venture strategies and business plan writing at universities in the United States and Europe. In the last 10 years, Basini has also lectured on business plan writing and starting technology-based companies in China, India and Russia.
Basini has raised millions of dollars — from every source of capital — to found and develop four companies during the 1980s and 1990s. The companies operate in import/export, manufacturing, medical network development and medical software development. He is now using his experience to assist small population states to form integrated statewide Angel Investor/Capital networks and to participate in the founding of the Romania Angel Capital Network in Bucharest, Romania.
He has held faculty positions at Queens University in Charlotte, N.C., the University of North Carolina and has served as director of Rahall Technology Center Business Incubator and Entrepreneurial Studies Program at Concord University in West Virginia.
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