New York, NY (PRWEB) June 17, 2010
Venture capitalist Jalak Jobanputra received the ?Outstanding 50 Asian Americans in Business? award from the Asian-American Business Development Center, Inc (AABDC) for her contribution to fostering entrepreneurship.
The Award was presented at a ceremony in New York City on June 10th attended by leaders from government, business and civic communities. This annual event, now in its ninth year, is the only forum to highlight the achievements of Asian Americans across the United States. David Hinson, National Director, Minority Business Agency with the US Department of Commerce, and Aneesh Chopra, the first Federal Chief Technology Officer of the United States, spoke at the ceremony. The awards recipients represent a microcosm of the best of Asian American business owners, professionals and corporate executives who are engaged in a wide range of business interests. Ms Jobanputra was selected for her contributions to the growth of technology and new media entrepreneurship in New York City, her commitment to providing mentorship for women in business on both a local and global scale, and her support for social entrepreneurship worldwide.
?I am honored to have been selected for this award. The evening recognized the contributions of this important immigrant community to the prosperity of this country; it is a true testament to the American Dream,? Jobanputra said. ?I am fortunate to be able to bring about positive and meaningful change through investing in new generations of entrepreneurs, as they are the backbone of any economy. Technology has removed some of the barriers involved in starting new businesses, so it is an exciting time work in this intersection of technology investing, social ventures and empowering women.?
Jobanputra was born in Nairobi to parents of Indian origin and immigrated to the United States at a young age. She is currently Senior Vice President at the New York City Investment Fund (NYCIF) where she oversees technology and digital media venture investments. She spearheaded the formation of NYCSeed in 2008, a seed fund dedicated to funding early stage tech entrepreneurs in NYC, and sits on its Investment Committee and Venture Advisory Board. She is a current investor in outside.in, Imagespan, Thumbplay, TXVia, Partsearch and Marketing Technology Solutions.
Prior to NYCIF, Jobanputra was a Principal at New Venture Partners, a $ 300 million early stage venture fund which commercializes technology out of corporate labs. At NVP, she founded and served as interim CEO of Real Time Content (spun out of British Telecom) and was a Director of Procelerate Technologies, a SaaS workflow management tool for the aerospace industry. She also incubated a range of other technologies, including speech recognition/NLP, wireless infrastructure, 3D displays and recommendation engines. From 1999-2003, Jobanputra was at Intel Capital in Silicon Valley, where she invested in enterprise software and Internet startups globally, including Viacore (sold to IBM), Demantra (sold to Oracle), Extricity (sold to Peregrine), Yodlee and Zinio. She was on the launch team of an online financial startup in NYC in 1997 and began her career doing M&A transactions in media, telecom and technology worldwide.????
Jobanputra is Trustee of the Achievement First Bushwick Charter School in Brooklyn and a member of the Executive Board of Echoing Green?s Social Investment Council. She is an advisor for multiple organizations, including Astia, YearUp, and Girls in Tech, and a frequent speaker at technology and venture conferences.
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