Walsh associates with US investment office

The US Office for Investment and Innovation appoints Mark Walsh, who has experience of founding companies and managing investment firms, as its associate administrator.

The Office for Investment and Innovation, a division of the US Small Business Administration, has appointed Mark Walsh as its associate administrator.

The office runs the Small Business Investment Company (SBIC) program, which has the authorisation to invest $4bn annually, as well as the Small Business Investment Research program and the Small Business Technology Transfer program.

The Office for Investment and Innovation's aim is to commercialise intellectual property from its investments in a wide range of sectors including nanotechnology, robotics, communications and gene therapy.

Walsh was previously executive chairman at Homesnap, a real-time real estate data company, and was on the board of a number of companies. He co-founded Genius Rocket, a crowdsourcing platform for advertising, and was a managing partner for Ruxton Ventures.

He took up his associate administrator position at the Office for Investment and Innovation last month.

Walsh said: “I hope to maximise the positive elements of my management style and aggressively organise and energise the accomplished men and women in my professional and personal rolodex.”

– Image courtesy of LinkedIn

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