Advisory Board

Thomas D. Nastas, MBA

Thomas D. Nastas, MBA is founder of Innovative Ventures Inc (IVI), one of two venture investors financing technology in Michigan in the 1980s from the University of Michigan & Michigan State University including Neogen (NEOG: NASDAQ), AISI Inc. (acquired by ESI, ESIO: NASDAQ, USA), and Personal Bibliographic Systems (acquired by Thompson Financial, NYSE: TRI).
 
An entrepreneur himself, he left Michigan in 1992 with lots of energy yet only a few coins in his pocket to create international and emerging market funds with a capitalization over $300 million, raising and investing public sector, institutional, and corporate money to finance entrepreneurs across the continents and countries of Africa, Canada, Europe, and Russia for ROI & development. He lived and worked in these countries.
 
As member of the Board of Directors, Tom manages with other directors the $85 million Kazakhstan Technology Commercialization Project overseeing its grant program and leading the creation of the country’s first technology commercialization office. He is Independent Director, the investment of Tata Group (Mumbai) and the European Bank for Reconstruction and Development in Suntyco (Cyprus) and its Moscow JV called Sunty. View his other Board of Director appointments.
 
In 2010 he mentored at the “Unreasonable Institute”, Boulder, CO, a Y Combinator/Tech Stars clone for social entrepreneurs that attended from 25 countries from five continents. In 2011, he judged “Accelerate Michigan” an international business plan competition with North America’s largest winning award — $500,000 for the 1st place winner. In 2012, he judged the Michigan business plan competition called Great Lakes Entrepreneurial Quest. In August 2012, he was one of eight selected from around the world to advise startup projects at the Singularity University.
 
While in Moscow full-time from 2002 to 2009, he taught three courses at the evening MBA program of the American Institute of Business & Economics College, Moscow: Entrepreneurship & New Venture Creation, Principles of Marketing, and Sales Management. He lectured “Insider View of International Venture Capital” at the MBA programs of University of Michigan and Michigan State and at the international executive MBA program of Colorado State University in Kazan, Russia.
 
Now Tom advises institutions in the planning and raising of money to launch early stage tech initiatives in the emerging markets. His customers include the World Bank: the Kazakhstan National Innovation Fund, the Russian Corp. of Nanotechnology (international tech transfer & commercialization), the Russian Venture Company, and the governments of Slovakia and Croatia. To support these initiatives, he delivers the Master Classes Scaling Up Entrepreneurship and Path to Commercialization to engage all stakeholders for more innovation, venture capital, and entrepreneurship.
 
Tom earned his BA and MBA at Michigan State University.
 
Watch Spotlight: Innovative Economy. Read The (Bigger) Business Development Story in Russia, The GoForward Plan to Scaling Up Innovation, and New Directions in European Private Equity. Watch his YouTube Channel. Read his LinkedIn profile.