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The Incubation Factory

The Incubation Factory provides an integrated commercialization platform for high-potential Pre-Revenue, Early Stage Investment companies.

Company Summary

The Incubation Factory is the operational arm of the only professionally managed fund in the Pre-Revenue Early Stage Investments (“PRESI”) space. The fund improves risk management by leveraging an integrated financial and operational platform built specifically to take advantage of unrealized opportunities within this asset class. TIF deploys fund capital to identify, launch, accelerate and govern PRESI companies.


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    Tim Weber
    Chief Marketing Officer

    Tim Weber is the Chief Marketing Officer for The Incubation Factory. Weber’s career includes significant and diverse experience in founding and operating early stage companies in areas ranging from live concert promotion to business consulting to publishing. He has a fierce love for team-building at all levels, and has supported entrepreneurship for the better part of two decades.

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    Dan Schmitt
    Founder & CEO

    Dan Schmitt is co-founder and Chief Executive Officer of AAQ and the founder of The Incubation Factory. Dan is a serial entrepreneur who grew 3 of his first 8 companies at a rate to make the Inc. 500 list, highlighted with Advanced Business Fulfillment- sold for $260MM in 2003. Dan’s primary roles are setting company strategy, culture and vision, and supporting the executive team. He believes that if we save the entrepreneur, we save the world.

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    Andy Wolter
    Chief Operating Officer

    Andy’s career began when he served in the U.S. Navy’s Nuclear Power Program as a commissioned officer from 1990-1997. From there, he joined GE Appliances as an Advanced Manufacturing Engineer and was promoted to Master Black Belt in GE’s Six Sigma Quality organization. In 2001, he joined GE Capital as an Operations Manager for Vendor Financial Services. Andy left GE in 2003 to join AAQ and has helped shape TIF since its inception.

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    John O'Callaghan
    VP- Investor Relations

    John is Vice President of Investor Relations for TIF. John comes to the firm with 18 years of experience in the Investment community, having spent time with such firms as State Street Global Advisors, Concordia Capital, and Pillar Financial. At the Incubation Factory, John’s role is to interact with the firm’s capital partners. John has an MBA from Boston College and a BA from Tufts University. He resides just outside Boston, MA with his family.

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    Cindy Schmitt
    EVP- Back Office

    Cindy directs the operations of all TIF back office functions, including accounting, legal and human resources. Cindy is also responsible for compliance and regulatory activities for all portfolio companies. Cindy received a B.A. in Accounting from the University of Northern Iowa. Cindy is actively involved in community affairs, routinely volunteering her time and talent to various organizations. She resides with her family in St. Louis, MO.

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    Angela O'Connor
    EVP- Strategic Relationships

    Angela O’Connor heads up strategic relationships for TIF. Angela has successfully initiated start-up companies in Healthcare, International Supply Sourcing & Logistics. She developed and implemented business and operational strategies, including management of foreign organizations, operations, finance, production and distribution. She brings over twenty years of business and entrepreneurial experience.