Two new members have been appointed to the Technology Strategy Board. Business Secretary Vince Cable announced that Douglas Richard and Hazel Moore will serve on the Governing Board of the UK’s innovation agency until June 2015.
Entrepreneur Douglas Richard has over 20 years’ experience in the development and leadership of technology and software ventures. He featured in the first two TV series of Dragons’ Den and is an active angel investor. Between 1996 and 2000 Doug was President and CEO of Micrografx, a US publicly quoted software company. Prior to that he founded and subsequently sold two other companies: Visual Software and ITAL Computers.
Hazel Moore is the chairman of FirstCapital, a technology-specialist investment bank which she co-founded in 1999. She has experience advising technology companies on venture capital and private equity, mergers and acquisitions, as well as advising family offices, institutional and strategic investors on investments and portfolio strategies.
Universities and Science Minister David Willetts spoke of the ‘wealth of experience’ they will bring to the board.
Vince Cable said: “The Technology Strategy Board has an important role in our plans to create the best conditions for balanced and sustainable growth by stimulating advancing technology development and innovation. Doug Richard and Hazel Moore will build on the strong mix of business talent, insight and experience on the Governing Board.”
Chair of the Technology Strategy Board, Phil Smith, said: “It’s essential that we have a rich and diverse pool of business expertise on the Governing Board. It’s our job to help ensure the organisation builds on its current strengths and continues to encourage innovation and business growth.”
Sir Christopher Snowden, Sara Murray and Stewart Davies were reappointed as board members and will serve another three years