Our ecosystem relies on a diverse group of generous stakeholders including venture founders, Carver Connections, and investors.
Board Members Renee Murphy (Chair), Steven Johnson, Sunnie Richer, and Scott Yegee provide administrative oversight. Todd Kielkopf serves as its Executive Director, who also coordinates on-campus Emerge@Simpson programming. Financial support of The Emerge Foundation's operations is being demonstrated through asset pledges to guarantee its line of credit. Other stakeholders are providing loans directly to the Foundation in lieu of asset pledges. The Foundation intends to release commitments by having ownership stakes in businesses it incubates, management fees collected, Carver Connection dues, donations, and grants. Another source and investment opportunity are pending funding rounds for individual ventures. Those backing the line of credit described above receive investment preference rights. Term sheet, line of credit guarantee, and direct loan documents are available by contacting Todd Kielkopf at director@emergefoundation.net. |
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