Karen Gordon Mills, a venture capitalist with a Harvard pedigree, is on her way to becoming the next administrator of the Small Business Administration.

Jim Manico, OWASP Global Board Member

January 7, 2009

1 Min Read

Karen Gordon Mills, a venture capitalist with a Harvard pedigree, is on her way to becoming the next administrator of the Small Business Administration.Mills, a Maine resident, is president of MMP Group, a private equity investment firm (which must be too busy investing in businesses to work on its Web site). Her bio also includes founding partner/managing director of Solera Capital, a New York-based venture capital firm; lead director of Scotts Miracle-Gro (maybe she can pour some of that stuff on the economy); and chair of the Governor's Council on Competitiveness and the Economy in Maine. She is also a member of the Board of the Maine Technology Institute and at Arrow Electronics.

As an investor in small businesses, Mills understands their challenges, said Obama, in announcing his nomination (here's the video). "With Karen Mills at the helm, America's small businesses will have a partner in Washington to create jobs and spur growth," he said.

Several also see the early appointment of an SBA administrator as a sign that the incoming administration is serious about getting Main Street back on its feet. "This appointment shows that his economic team recognizes the key role that small firms play in job creation and the need to take quick steps to revitalize the agency's role in spurring growth," said Rep. Nydia Velazquez, D-N.Y., who chairs the House Small Business Committee.

Of course, not everyone is jumping on the Mills bandwagon. Today's Wednesday's Woman post on sister site SmallBizResource.com highlights some of those naysayers.

I'll end with the same question as MSNBC's Eve Tahmincioglu: Can a venture capitalist run the Small Business Administration?

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About the Author(s)

Jim Manico

OWASP Global Board Member

Jim Manico is a Global Board Member for the OWASP foundation where he helps drive the strategic vision for the organization. OWASP's mission is to make software security visible, so that individuals and organizations worldwide can make informed decisions about true software security risks. OWASP's AppSecUSA<https://2015.appsecusa.org/c/> conferences represent the nonprofit's largest outreach efforts to advance its mission of spreading security knowledge, for more information and to register, see here<https://2015.appsecusa.org/c/?page_id=534>. Jim is also the founder of Manicode Security where he trains software developers on secure coding and security engineering. He has a 18 year history building software as a developer and architect. Jim is a frequent speaker on secure software practices and is a member of the JavaOne rockstar speaker community. He is the author of Iron-Clad Java: Building Secure Web Applications<http://www.amazon.com/Iron-Clad-Java-Building-Secure-Applications/dp/0071835881> from McGraw-Hill and founder of Brakeman Pro. Investor/Advisor for Signal Sciences.

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