The Galant Challenge connects seed stage ventures from the UVA Alumni community with capital. Since 2012, this event has resulted in greater than $1 million in funding for UVa student and alumni ventures. The Challenge will occur at the Paramount Theater on April 15th, following the Founders Summit, during the deliberation period of the Entrepreneurship Cup.
With a 35-year career on Wall Street, Mark Galant (COMM ’80) is the Founder of GAIN Capital Group/FOREX.com, an industry-leading online trading firm. He served as CEO at GAIN from its beginning in 1999 until 2007. Galant continued as Chairman until December 2010, when the firm went public on the New York Stock Exchange. He followed GAIN with the founding of Tydall Trading, a high-frequency algorithmic trading firm, trading over $10 billion a day. He currently is CEO of Tydall Holdings, a currency trading, real estate development, and start-up investment firm.
Since 2008, William Foshay has been President of Felton Group LLC, a family office with an expanding portfolio of early-stage investments. Before working in the family office space, Foshay practiced antitrust litigation in New York. He also serves as Executive Director of the Quantitative Foundation, which has made groundbreaking grants that support the study of data science and that foster the development of the sport of squash in the United States.
Paul Nolde (A&S ’01) is responsible for originating and discerning new investment opportunities, supporting portfolio companies, and leading business development for New Richmond Ventures, a Richmond-based early-stage venture firm that provides counsel, connections, and capital to opportunity-driven entrepreneurs. Previously, Nolde served as Small Business Capital Strategist for Virginia Community Capital and as Managing Director for a private seed-stage venture firm.
Alex joined CIT in 2011 and is responsible for deal sourcing, due diligence and closing seed and early stage investments. Prior to CIT, Alex was the Director of the Advantage Incubator at bwtech@UMBC and program manager for the Northrop Grumman Cync Program Prior to managing the incubator program, Alex spent several years at MdBio – one of the largest biotechnology trade associations in the nation. He has been an author on several scientific papers in a diversity of areas from molecular biology to physical chemistry and spectroscopy.
Jennifer O’Daniel joined CIT GAP Funds in 2003, and is responsible for sourcing, diligencing and closing of seed and early stage investments. As part of the investment team, O’Daniel has been part of transactions in over 60 seed and early-stage companies via CIT GAP Funds, which has been recognized by Entrepreneur Magazine’s Annual VC100 list since 2006. O’Daniel currently sits on the board of directors for The Richmond Venture Forum, Roanoke/Blacksburg Technology Council, the board of advisors for Foster.ly, is a mentor for Founder’s Institute and the Fort accelerator, and has previously served on the boards of Leadership Fairfax, Northern Virginia Therapeutic Riding Program, Virginia Tech Business Technology Center, MIT Enterprise Forum, and William and Mary’s Technology and Business Center.