McQuilken to Receive WSBE's Entrepreneurial Venture Creation Award
By Lori Wright, Media Relations
May 9, 2007
George McQuilken, one of the five founders of the eCoast Angels Network,
has been chosen to receive the Whittemore School of Business and Economics
2007 Entrepreneurial Venture Creation “Person of the Year” award.
The Entrepreneurial Venture Creation award is given to a New Hampshire
resident with a demonstrated commitment to the state's business community,
an appreciation for UNH and its resources, and a track record of creating
entrepreneurial value by starting companies, supporting and promoting new
ventures and mentoring individuals engaged in business start-ups. McQuilken
will be presented the award at the Whittemore School’s Holloway Business
Plan Competition luncheon Wednesday, May 9.
“We are proud that George McQuilken is this year’s recipient
of the Entrepreneurial Venture Creation award. He personifies a new breed
of social entrepreneur who skillfully and adeptly has mastered the art
of bringing the private-public sectors together to advance entrepreneurship
in the state and region for the public good,” said Mike Merenda,
professor of strategic management and chair of the departments of marketing
McQuilken is president of Single Token Security Corp., director of IAM
Technologies, director of SourceIQ, former chairman of Groove Mobile, and
former chairman of Parcxmart Technologies, all eCoast Angels funded companies.
As an Angel, McQuilken invests both independently and through partnerships
in several major funds, focusing primarily on seed-stage investments in
the Internet, telecommunications, broadband cable, and software industries.
He specializes in technology transfer: Groove Mobile was the first UNH
spin-off company and IAM Technology was a Brown University spin-off company.
A Portsmouth resident, McQuilken has previously served as founding CEO
of four companies including RSA Security, the first computer security company
to have a public stock offering. Prior to his entrepreneurial career, he
held a number of management, marketing, and technical positions during
a 16-year career with IBM. As editor of the IBM Systems Journal, he published
many of the seminal papers on software management, measurement, security
and quality. He was a project leader at IBM’s Cambridge Scientific
Center; adjunct associate professor of systems, computer and electrical
engineering at Boston University; and guest lecturer at IBM’s Systems
Research Institute. He is a graduate of MIT and lectures regularly at UNH’s
McQuilken will receive his award as part of the Whittemore School’s
Holloway Business Plan Competition. The foundation of the school’s
entrepreneurship program, the competition was established in 1988 by the
Holloway family to stimulate, recognize and reward entrepreneurial students.
Prizes up to $4,000 are awarded to undergraduate and graduate students
who present the most feasible and fundable plans for starting, acquiring
or expanding a business venture.