The Capital Network, a Boston-based non-profit organisation providing entrepreneurs with education and community on the early-stage funding process, has promoted Michelle Hipwood to executive director and added Yumin Choi to the board of directors.
Hipwood joined TCN 18 months ago during a rebuilding and rebranding process that has seen the organisation grow from ten programmes per year to 40-plus programmes per year spread across six programme lines.
"Michelle will play the key role in leading our success and expanding TCN’s footprint in the New England market as the premier place early stage entrepreneurs should go before trying to raise early stage capital," says Jeremy Halpern, chairman of the TCN board of directors.
In addition to continuing to oversee the organisation’s programmes, operations and financial management, Hipwood will now lead the strategy, sales, marketing and relationship management efforts underway at TCN.
Prior to joining TCN, Hipwood was a senior associate at Roseview Capital Partners, a boutique investment bank, and a senior consultant at Deloitte & Touche in its turnaround consulting practice.
Choi, a venture capitalist at HLM Venture Partners, joins the TCN board of directors after serving on TCN’s programme committee and heading the organisation’s efforts to expand its university series. Choi will be joining the 14 member board.
"Yumin’s addition to the board ensures that we are staying in touch with the requirements of the investor community and that we continue to inject new ideas and energy into the TCN leadership," says Halpern.
Choi currently works for HLM Venture Partners, a healthcare focused venture capital firm. Concurrently, Choi is incubating several start-ups ranging from stem cell tissue reengineering to hospital incentive programmes. Choi previously worked with an angel healthcare investor group and was an analyst at ZweigWhite, a boutique investment firm.