Kathleen Coviello is the Executive Vice President for Technology, Life Sciences & Entrepreneurship at the New Jersey Economic Development Authority (NJEDA), where she is responsible for working closely with the state’s emerging technology and life science companies and investors and delivering Edison Innovation Fund products to this community. Kathleen also oversees the management of the NJEDA’s 46,000-square-foot New Jersey Bioscience Center – Incubator at North Brunswick and the New Jersey Bioscience Center – Step Out Labs, a 32,000-square-foot post-incubation facility.
Under Kathleen’s leadership, the NJEDA’s Technology and Life Sciences (TLS) Division has delivered over $1 billion in direct investments, business incentives, tax credits, and venture fund investments through the Edison Innovation Fund. During her tenure, New Jersey’s first accelerator- TechLaunch – was established, federal State Small Business Credit Initiatives funds were deployed into several regional venture funds, the State’s Angel Tax Credit Program was launched, and the New Jersey Founders & Funders program was born.
Prior to joining the NJEDA, Kathleen spent over 17 years in the banking industry, with the last eight focused on the NJ Technology Venture Lending Market. Her venture lending experience includes employment at Silicon Valley Bank, Comerica Bank and Progress’ Techbanc.