Triangle Business Journal recognized and awarded individuals and research organizations within the Triangle’s life sciences sector at their annual Life Sciences Awards Ceremony.

RESEARCH TRIANGLE PARK, N.C. (May 26, 2016) – First Flight Venture Center (FFVC), a science and technology incubator for entrepreneurs in North Carolina, would like to congratulate, Andrew Schwab, President of FFVC and successful entrepreneur, mentor and advisor to over 30 companies throughout his career. Schwab, one of eight winners out of 17 finalists was recognized and awarded the Individual Lifetime Achievement Award in this year’s TBJ Life Sciences Awards Ceremony, held on May 26, 2016. FFVC congratulates all the 2016 finalists and winners.

“First Flight is thrilled about this well-deserved recognition for Andy.  He not only brought energy and vitality to North Carolina’s oldest technology incubator, but he has helped First Flight to focus on science driven companies that will have meaningful impact on peoples’ lives well beyond the borders of this state”, said Mary Musacchia, Chair, FFVC Board of Directors.

“This is a well-deserved recognition for Andy. Under his leadership, First Flight has embarked on some exciting new programs to help science driven companies grow and prosper. I believe that the LiftOff Program, in particular, will become a model for technology and science based incubators across the country.  The work he is doing at First Flight will have a major impact for the North Carolina economy for decades to come”, explained Fred Hutchison, founder and attorney at Hutchison PPLC and FFVC Board Member.

“I am excited that the selection committee agreed with my recommendation for Andy Schwab for the TBJ Lifetime Achievement Award.  Over the past several years as I have gotten to know Andy and have seen first hand his positive, can do attitude by helping entrepreneurs and new companies move their ideas forward. Andy always focused on creating value in all areas that he becomes involved with. His commitment to the First Flight incubator is exceptional and provides North Carolina with a very valuable service – congratulations, well deserved and thank you”, said Tim Willis, CEO and Founding Partner, MED1 Ventures, LLC.

About First Flight Venture Center (FFVC)

First Flight Venture Center (FFVC) is a technology incubator focused on early-stage companies and entrepreneurs engaged in science and technology pursuits. Located in the heart of Research Triangle Park, FFVC was established in 1991 to cultivate technology and life sciences companies to enable them to graduate from its facility as financially viable and freestanding businesses.

About Andrew Schwab

Schwab is a successful entrepreneur with over 20 years experience building technology based startup companies. He has been an impactful mentor and advisor to over 30 companies throughout career and he has been involved on multiple boards and committees designed to vet technology and executive teams. As a seasoned senior executive with proven management and startup skills, he has led two local companies featured in the Triangle Fast 50. His diverse background includes extensive knowledge of the Internet and related technologies, emerging technology evaluation and integration with existing business models as well as merger and acquisition experience.

For more information, contact:

First Flight Venture Media
919-990-8558
[email protected]

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