Kathleen Coviello

Chief Economic Transformation Officer

2022 - Current

Leading the growth of businesses in the Technology, Life Sciences, Clean Energy, Offshore Wind, Logistics , Advanced Manufacturing, Logistics , Finance & Professional Services, Food & Beverage & Film and Digital Media Industries. Focused on building unique public/private partnerships including: *NJ Innovation Evergreen Fund *NJ Strategic Innovation Centers: HAX/SOSV Partnership HELIX Equity Investment with Devco * Golden Seeds NJ Chapter

Executive Vice President - Technology, Life Sciences & Entrepreneurship

2005 - 2022

Member NJEDA Executive Committee •Responsible for deploying over $1 Billion in financing investments and incentives to support Hi-tech, Biotech and CleanTech entrepreneurial businesses and implementing cross functional processes for each step of the financing transaction. •Maintain Industry relationships with key venture backed technology companies, investors and stakeholders •Manage a diversified venture fund portfolio of over $50mm in commitments •Created warrant compensation model to allow sharing in potential upside opportunities to balance downside risk •Manage a results oriented, high performing team of professionals which has consistently exceeded goals since division founded •Contributed to several market response and customer based financial product developments - including: pension targeted NJ Investments, early stage working capital, clean energy manufacturing funds, tax incentive refinements(NOL), Technology Accelerator and Angel Investment Tax Credit •Experienced and effective public speaker, on topics of early stage finance and entrepreneurship

Board Member - Vice Chair

2024

Member

2019

Founding Member of the NJ Chapter of Golden Seeds Golden Seeds is an investment firm that invests in early-stage women-led companies. Founded in 2005, Golden Seeds has invested $139 million in women-led companies in technology, health care, consumer products and media. Golden Seeds is a leading force in focusing on women’s leadership, gender diversity, entrepreneurship and job creation. Investments are made through its nationwide angel network and venture funds.

Relationship Manager

2003 - 2005

•Recruited by Silicon Valley Bank upon Comerica closing several of their technology lending groups across the United States- Secured immediate employment •Within first six months of employment, booked four new credit relationships, ranging in commitments from $1MM to $6MM, with over $25mm in commitments and $100mm of deposits, and harvested new credit opportunities totaling in excess of $15mm in the existing New Jersey client portfolio •Contributed to the successful win of over $40mm of new investment business for SVB •Managed a portfolio of technology companies throughout every stage of their life cycle, including early stage venture backed companies, to publicly traded companies and ensured consistent credit quality within the portfolio •Maintained a strong network of investment professionals including venture capitalist, attorneys and accountants throughout the New Jersey and Philadelphia regions

Vice President

2001 - 2003

•Responsible for Comerica’s Technology lending efforts throughout the state of NJ, which entailed providing credit facilities to technology companies in all stages of their life cycle( including, start up venture backed companies through to publicly traded technology companies) and credit commitments ranging from $500k and extend up to $25mm. •Assured strong credit quality within the portfolio and compliance with all Bank underwriting standards •Cross sold treasury management, 401k,investment and personal banking products

Vice President

1997 - 2001

•Founding Leader of the New Jersey lending division of Progress’ “techbanc” •Opened and managed all aspects of the first New Jersey Loan Production office for Progress’ “techbanc”, including hiring and managing team, facilitating interstate deposits relationship, marketing, and full P& L responsibility •Sponsored and managed the Progress Limited Partner investment in the New Jersey Tech Council Venture Fund •Built strong referral relationships with all “Centers of Influence” in New Jersey Technology Market

Vice President

1995 - 1997

Assistant Vice President

1988 - 1995