NH Business: Private sector innovations

Fred Kocher is joined by Jeremy Hitchcock, co-founder and partner of New North Ventures, to discuss companies with technology innovation and how they plan to grow and spread

BUSINESS. I’M FRED KOCHER. A NEW HAMPSHIRE BASED VENTURE CAPITAL GROUP WILL WRITE CHECKS BETWEEN 250,000 TO 2.5 MILLION FOR PRIVATE SECTOR INNOVATION. THAT’S IN THE NATIONAL INTEREST IN THE NATIONAL INTEREST. LET ME SAY THAT AGAIN. NEW NORTH VENTURES, BASED IN MANCHESTER, NEW HAMPSHIRE, FUZING NATIONAL SECURITY INNOVATION WITH PRIVATE CAPITAL, A 25 MILLION VENTURE FUND CO-FOUNDED BY GOVERNOR AND A GOVERNMENT INTELLIGENCE OFFICER AND SERIAL ENTREPRENEUR WHO’S GOING TO BE MY GUEST. TUCK SCHOOL OF BUSINESS, NATIONAL SECURITY INNOVATION CONFERENCE AT DARTMOUTH COLLEGE ON OCTOBER 28TH, BROUGHT TOGETHER EARLY STAGE VENTURE CAPITAL GOVERNMENT AND ACADEMIA. THEIR FOCUS WAS ON CYBER SECURITY, ENERGY, DEFENSE AND SPACE ATTEMPT TO BRIDGE THE GAP BETWEEN GOVERNMENT AND VENTURE CAPITAL. INNOVATION. SO WITH ME IS THE CO-FOUNDER AND PARTNER OF NEW NORTH VENTURES IN MANCHESTER, JEREMY HITCHCOCK, WHO’S IN THE STUDIO AND WHO EARLIER IN HIS LIFE STARTED AN INTERNET PERFORMANCE MANAGEMENT COMPANY KNOWN AS DINE IN HIS COLLEGE DORM ROOM AND ALSO FOUNDED AN ARTIFICIAL INTELLIGENCE DRIVEN WI-FI MANAGEMENT AND INTERNET OF THINGS SECURITY PLATFORM KNOWN AS MINIMUM. HE ALSO FOUND TIME TO SERVE AS A TRUSTEE OF THE COMMUNITY COLLEGE SYSTEM OF NEW HAMPSHIRE. SO AFTER ALL OF THAT, WELCOME, JEREMY. NICE TO HAVE YOU. THANKS FOR HAVING ME ON THE SHOW, FRED. AGAIN, BEFORE I ASK YOU ABOUT THE SIGNIFICANT GATHERING OF DARTMOUTH COLLEGE, AND IT WAS YOU’VE BEEN ON TRACK TO BRING TOGETHER AND FUZE BUSINESSES WITH TECHNOLOGY INNOVATION FOR A LONG TIME. WHERE IS THIS EFFORT TO TODAY WITH NEW NORTH VENTURES, WHICH YOU HAD? YEAH. SO WE’RE EARLY DAYS FOR US, BUT WE’RE IN FUND ONE. WE’VE INVESTED IN ABOUT TEN COMPANIES. OUR PLAN AND FUND ONE IS TO INVEST IN ABOUT 20 COMPANIES. THEIR RANGING FROM DEEPFAKE DETECTION, DESIGNING THE NEXT GENERATION, SEMICONDUCTORS, HELPING FIGHT FINANCIAL CYBER CRIME. BUT WE’RE HAVING A GREAT TIME AND CONTINUING TO INVEST IN THIS THEME. AND THOSE COMPANIES ARE GOING TO SPREAD AROUND THE COUNTRY. YEAH, SPREAD AROUND THE COUNTRY, MOSTLY EAST COAST BASED NORTHEAST LIKE BOSTON, WHERE WE HAVE A GREAT AREA OF HARD TECH SCIENCES, FINANCE AND NEW YORK AND ALSO IN THE NORTHERN VIRGINIA AREA, THE DARTMOUTH COLLEGE CONFERENCE IN JUST LATE OCTOBER FOCUSED ON CYBERSECURITY, ENERGY, DEFENSE AND SPACE. WHAT WERE SOME OF THE TAKEAWAYS? BECAUSE DARTMOUTH COLLEGE IS IS A LOT OF PEOPLE DON’T KNOW IS VERY SIGNIFICANT IN TERMS OF AI, FOR INSTANCE, WHICH GOES BACK FURTHER THAN MOST PEOPLE THINK. YEAH NO, IT WAS A GREAT CALL TO THE BLUE THE SUMMER. ONE OF THE STUDENTS AT TUCK, ALI COX, WANTED TO PUT TOGETHER A CONFERENCE TO BRING THESE THESE THREE STAKEHOLDER GROUPS TOGETHER, INDUSTRY, ACADEMIA AND GOVERNMENT TO WORK ON THE NEXT PLATFORMS OF INNOVATION AND PEOPLE MAY NOT KNOW, BUT DARTMOUTH HAS PLAYED A HUGE ROLE IN THE DEVELOPMENT OF THE INTERNET AND ACTUALLY AROUND I THERE WAS A GROUP OF PEOPLE THAT GOT TOGETHER IN 1956, 1956, A LONG TIME AGO, AND THEY THEY WERE TOGETHER. THIS IS CLAUDE SHANNON INFORMATION THEORY, AN ASSOCIATE PROFESSOR AT DARTMOUTH WHO WAS LEADING SOME OF THE ORIGTHEY WAN IN THAT TWO MONTH PERIOD OF TIME AND YOU KNOW, THINK WE’RE WE’RE A LITTLE SHORT ON THAT GOAL THINK WE STILL HAVE SOME WORK TO DO BUT WE’RE WE’RE CERTAINLY A LOT FURTHER ALONG. WHAT IN PARTICULAR ARE WHAT KIND OF A COMPANY YOU’VE GOT A COMPANY CALLED HAWKEYE 360, WHICH IS A COMPANY YOU’VE INVESTED IN. JUST TALK ABOUT THAT FOR QUICKLY. YEAH, THEY’RE GREAT AT SYNTHETIC APERTURE RADAR COMPANY. SO THEY’RE LOOKING AT USING NEW WAYS OF PUTTING TOGETHER SATELLITES TO DO IMAGING, LOOKING FOR AGRICULTURAL DEFENSE, GOVERNMENT APPLICATIONS AND JUST A VERY DIFFERENT APPROACH TO HOW PEOPLE ARE LOOKING AND OBSERVING THE WORLD. AND A GREAT EXAMPLE OF WHERE PRIVATE AND PUBLIC WORKING TOGETHER CAN CREATE WONDERFUL. AND AS YOU KNOW, THE PRESIDENT JUST DIRECTED THE GOVERNMENT TO OUR GOVERNMENT TO TAKE A SWEEPING APPROACH TO ARTIFICIAL INTELLIGENCE REGULATION, IN PARTICULAR, THE EXECUTIVE ORDER SETS NEW STANDARDS ON SECURITY, PRIVACY PROTECTIONS FOR ARTIFICIAL INTELLIGENCE, WITH REPORTEDLY SOME FAR REACHING IMPACTS ON COMPANIES. JUST GIVE US YOUR REACTION TO THAT. I MEAN, WE’RE STILL ALL READING IT OVER. THEY JUST CAME OUT. BUT I MEAN, A WONDERFUL, I THINK, DEVELOPMENT AND TRYING TO UNDERSTAND BOTH THE GUARDRAILS AND ALSO THE OPENNESS AROUND INNOVATION. IT’S DIFFICULT TO LEGISLATE INNOVATION. YOU DON’T KNOW HOW IT’S GOING TO IMPACT. BUT THINK EVERY BUSINESS IS THINKING HOW DO ARE THEY INGESTING DATA TO HOW ARE THEY INGESTING ARTIFICIAL INTELLIGENCE INTO THEIR WORKFORCE AND IN THEIR IN THEIR WORKPLACE AND HOW THEY DO BUSINESS? AND I THINK THIS EXECUTIVE ORDER REALLY SUPPORTS A LOT OF THOSE NEW DEVELOPMENTS. JEREMY HITCHCOCK, WHO IS CO-FOUNDER AND PARTNER AT NEW NORTH VENTURES, BASED IN MANCHESTER. THANK YOU. NICE TO HAVE YOU HERE. IF YOU MISSED PART OF THIS BRIEFING ON BRINGING PRIVATE BUSINESS TOGETHER WITH GOVERNMENT FOR NATIONAL SECURITY, AND LET ME REPEAT THAT NATIONAL SECURITY, YOU CAN GO TO

Fred Kocher is joined by Jeremy Hitchcock, co-founder and partner of New North Ventures, to discuss companies with technology innovation and how they plan to grow and spread

A New Hampshire-based venture capital group will write checks between $250,000 and $2.5 million for private sector innovations that are in the national interest.This business is called New North Ventures and is based In Manchester New Hampshire. It fuses National Security and innovation with private capital and it has a $25M venture fund. On this segment of New Hampshire’s Business, Fred Kocher is joined by Jeremy Hitchcock, co-founder and partner of New North Ventures, to discuss companies with technology innovation and how they plan to grow and spread.The two also discussed a recent National Security and Innovation conference that took place in late October at Dartmouth College that the company had taken part in, bringing together early-stage venture, capital, government and academia.

MANCHESTER, N.H. —

A New Hampshire-based venture capital group will write checks between $250,000 and $2.5 million for private sector innovations that are in the national interest.

This business is called New North Ventures and is based In Manchester New Hampshire. It fuses National Security and innovation with private capital and it has a $25M venture fund.

On this segment of New Hampshire’s Business, Fred Kocher is joined by Jeremy Hitchcock, co-founder and partner of New North Ventures, to discuss companies with technology innovation and how they plan to grow and spread.

The two also discussed a recent National Security and Innovation conference that took place in late October at Dartmouth College that the company had taken part in, bringing together early-stage venture, capital, government and academia.

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NH Business: Private sector innovations

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