Richard Fox has thirty years of experience in the creation of new companies from defense and aerospace technology. He is a Venture Partner in the IDEA Fund, and is active in the formation and growth of innovative companies in Central Florida.
Richard and two partners took an operation of Westinghouse private. In that company, Richard led a team to develop one of the first machine vision systems, and sold that business to Gould Modicon. Richard repeated that cycle as the President of the Central Florida Innovation Corporation, where he guided the launch of several companies in the image processing and telecommunications industries.
Richard frequently is a coach to new high-growth companies. He served on the Florida Seed Capital Board and has been a member of several task forces for the State of Florida on venture capital and seed capital investing. He was an executive member of the board of the National Association of Seed and Venture Funds, and is an active reviewer of SBIR proposals for the National Science Foundation. Recently, Richard has been quoted in Nature magazine, Entrepreneur magazine, and the New York Times.
Richard is a frequent speaker on the subject of new company creation by professional teams. He earned his B.S. degree in physics from M.I.T., and holds 14 patents on the application of computers to industrial processes, and on medical devices.