L. Frank Demmler

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Adjunct Professor of Entrepreneurship

  • Princeton University - B.S.M.E. - 1971
  • University of California at Los Angeles - M.B.A. - 1973
  • Post-graduate Studies in Marketing, Harvard Business School, 1973-1975 - 1975
Teaching and Research Interests:
  • Transformation of entrepreneurial interest into action; optimal mix of scarce resources to create enterprise value; the dynamic relationship between execution options and capital availability; commercialization of technology; role of entrepreneurship in economic development.
  • First recipient of the Gerald E. McGinnis Adjunct Professor of Entrepreneurship, Carnegie Mellon University - 1998-2000
  • Regional Finalist, Ernst & Young Entrepreneur of the Year, Supporter of Entrepreneurship - 1997
  • Automated Health Care, Inc
  • Computer Renaissance, Inc.
  • Coupling Systems, Inc
  • Energy Control Systems, Inc.
  • Iconnex, Inc.
  • Laminar Software, Inc.
  • MindMatters Technologies, Inc.
  • SneakerLabs, Inc.
  • True Commerce, Inc.
  • Vortex Systems, Inc.
  • Other small business boards
  • Various not-for-profit boards
  • Merging business and funding strategies; prioritization of execution actions; creating focus and urgency
  • Advisory relationships of all types with almost 3,000 early stage enterprises, their founders, and key managment in over 20 years; direct participation in hundreds of investment transactions from both sides of the table totaling about $500 million of cumulative funding. You name it and I’ve done it, or know someone who has
Other Professional Activities:
  • Future Fund, Inc., President & CEO 1999-2003
  • Enterprise Corporation of Pittsburgh, Vice President of Venture Development 1984-1998
  • Western Pennsylvania Adventure Capital Fund, Co-founder and investment advisor 1995-1998
  • Pittsburgh Seed Fund, General Partner 1985-1999
  • Carnegie Mellon University, Adjunct Professor of Entrepreneurship 1987-2003
  • National Technology Initiative, repeat panelist on forums sponsored by the White House 1991-1992
  • National Technology Transfer Center (NTTC), Venture Funding Advisor 1989-1991
  • NASBIC Venture Capital Institute, Instructor 1989
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