Final

MassVentures

MassVentures Board Meeting

Published on September 5, 2023 at 7:37 AM EDT

Date and Time

Monday September 11, 2023 at 8:00 AM EDT

Location

1075 Main Street, Suite 100

Waltham MA 02451

Join Zoom Meeting
https://us02web.zoom.us/j/86401105923?pwd=cjRlVXg0dnNNNTRYaXExVkxWWklkUT09

Meeting ID: 864 0110 5923
Passcode: 295420
One tap mobile
+13126266799,,86401105923#,,,,*295420#

Dial by your location
+1 312 626 6799 

 

Agenda

      Purpose Presenter Time
I. Opening Items 8:00 AM
  A. Call the Meeting to Order   Yvonne Hao 1 m
  B. Examples of Mission   Charlie Hipwood 5 m
  C. Highlights Discuss Charlie Hipwood 1 m
II. Approvals 8:07 AM
  A. Board Minutes Approve Minutes Charlie Hipwood 1 m
    Approve minutes for MassVentures Board Meeting on July 24, 2023  
  B. Pre-Investment Action Sheet - Emvelon Vote Charlie Hipwood 1 m
III. Financial Matters 8:09 AM
  A. Treasurer's Report Discuss Jim Madison 5 m
  B. Approve Treasurer's Report Vote Charlie Hipwood 1 m
IV. Conflicts of Interest 8:15 AM
 
Board members are urged to review the Pipeline list of companies and disclose any potential or perceived conflict of interests.  This becomes important if a company becomes a prospective investment candidate, as the Committee member should exclude themselves from discussion or votes regarding the company.  New companies are listed in Red font.
 
  A. Conflicts Discuss Charlie Hipwood 1 m
V. Executive Session 8:16 AM
  A. Roll Call Vote to Enter Executive Session Vote Charlie Hipwood 1 m
   
The Board of Directors will now go into Executive Session, pursuant to Chapter 30A, for the purpose of discussing the following:
   
1.  Regarding Investment matters:
  • Confidential financial information of applicants for MassVentures funds; and
  • Information regarding the competitive positions of such applicants in their  respective industries.
2.  Regarding Personnel / Compensation matters
  • Negotiation with nonunion personnel or conduct a collective bargaining session with a union in executive session, and may even agree on final contract terms.
The Board will reconvene in Open Session following Executive Session.
I will need a roll call vote from the members to go into Executive Session.
  
  B. Presentation - Feon Energy Discuss Priya Yadav 30 m
  C. Vote - Feon Energy Vote Priya Yadav 15 m
  D. Discuss Versatope RLF Discuss Charlie Hipwood 15 m
  E. Vote - Versatope RLF Vote Charlie Hipwood 10 m
  F. Preview - Ernest Pharma Discuss Priya Yadav 15 m
  G. Preview - Envision Endoscopy Discuss Vinit Nijhawan 15 m
  H. Pipeline Report Discuss Priya Yadav 1 m
  I. Portfolio Update Discuss Charlie Hipwood 45 m
  J. Roll Call Vote to Return to Open Session Vote Charlie Hipwood 1 m
   
Having completed all business of this Executive Session, I will now ask the members to vote to reconvene in Open Session.

After Vote:

Anyone who was required to leave during Executive Session be invited back into the room.  We will now announce any Votes that took place during Executive Session.
  
VI. President's Report 10:44 AM
  A. General Update Discuss Charlie Hipwood 1 m
  B. MV Capital Update Discuss Charlie Hipwood 1 m
  C. MV Accelerate Update Discuss Charlie Hipwood 1 m
  D. Economic Development Plan Update Discuss Charlie Hipwood 5 m
  E. Board-only Session Discuss Yvonne Hao 5 m
VII. Closing Items 10:57 AM
  A. Adjourn Meeting Vote