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Chris Lumb

TEC Edmonton
Since 2010, Chris has been CEO of TEC Edmonton, a joint venture of the University of Alberta and the City of Edmonton. In addition to being the commercialization agent for
university technologies, TEC Edmonton operates the region’s largest accelerator for early-stage technology companies, including both university spinoffs and companies from the broader community. TEC Edmonton's clients are an outstanding group of companies. Since 2011, TEC clients generated $680M in revenue, raised $354M in financing and funding, invested $204M in R&D, grew employment by 21-25% per year, and now employ ~2300 people in the region. In addition, TEC assisted in the creation of 22 spinoffs from the University of Alberta in the last five years. In 2014, TEC Edmonton was awarded Incubator of the Year by Startup Canada and was ranked 16th in the world and 4th in North America in the 2015 UBI Global Top 25 list. From 1994 to 2009 Chris was the CEO of Micralyne Inc., a developer and manufacturer of microsystems products. He was involved in all aspects of Micralyne's development, including leading its transition from a university-owned not-for-profit to a privately held commercial company, growing annual revenues to more than $30 million, employing more than 200 people, and delivering long-term profits and return on equity to its shareholders. Chris is a Board member and Vice-Chair of CMC Microsystems, Board member and Vice-Chair of CANARIE Inc, and Board member of Argus Machine. He was a founding Board member of Startup Edmonton and ACAMP, and formerly served on the boards of various other entrepreneurial ventures. Overall, his career has been centered around building commercial success for advanced technologies, and leadership of technology organizations to ensure they are profitably focused on addressing market needs.