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Fred Korangy

Managing Director at New Enterprise East Innovations Ltd

Fred Korangy is the Managing Director of New Enterprise East Innovations Ltd (NEEI), a role he has held since February 2020. He is based in Chevy Chase, Maryland, and has extensive experience as a serial entrepreneur. Korangy focuses on fostering creativity and delivering tangible results in business, emphasizing systems thinking and personal mastery as essential for long-term success.

Professional Background

Korangy has a diverse professional background, having worked in North America, the Middle East and North Africa (MENA) region, and Europe. He has founded and co-founded several companies, including New Enterprise East Investments, where he serves as CEO since March 2007, and LogicTree Corporation, where he was CEO for over 12 years. His work involves raising capital from various sources, including venture capital and corporate ventures, and he has a strong interest in helping entrepreneurs bring their inventions and intellectual property to global markets.12

Education

Korangy holds a Bachelor of Business Administration in Economics from Temple University and a Master of Science in Technology Management from the University of Maryland Global Campus. He also completed a certificate in Mobile Communication at Oxford University.1

His approach combines a commitment to service with an understanding of the creative processes necessary for innovation, which he believes can enhance the standards of work and life in any community.1

Highlights

Mar 12 · linkedin

We are witnessing wars everywhere and unlike the wars in the 20th century and before. most fighters and fighting nations claim a moral base for their atrocities. As it is elegantly said in this article "Fighting a war based on values requires good values". who can claim good values at society levels these days!? I am certain there are worthy causes and may be values coloured by cultures of West or East that are proclaimed as good. A look at pictures of children in agony and loss in Gaza, Kiev, Yemen, Sudan, Ethiopia sure makes me question the values that are claimed for the start of those wars. At the start of Spring Equinox, I wish for values that guide us to peace. I wish to invite you to one from ancient Iran, I invite you to Mehr. Mehr is love in action and does not require much to find it in yourselves. I invite you to let your Mehr guide you in seeking and believing in values that guide life.

Nov 28 · linkedin

"Authentic" was selected as the 2023 word of the year by the Merriam-Webster dictionary, landing among the most-looked-up words in the dictionary's 500,000 entries, the company said in a press release Monday.(npr.org) Ironic that in the year when even "intelligence" was thrown into realm of artificiality and given super life status in our minds by the propaganda of corporate giants proclaiming everything as AI-able (Aiable!), people still tried to look up the meaning of Authentic. That gives me a good bit of hope. the prominence of the term "Authentic" suggests a deep-rooted desire for genuineness and realness in human experiences and interactions. My understanding has been that the essence of a lot of people is nourished by the yearning for authenticity of: feelings, creativity and thoughts, actions and beings. May be we will be looking more for authentic intelligence in 2024, I assure you the source will still be us and not AI. #aiable #authenticity #propaganda #ai #intelligence In my opinion in our business world, authenticity would mean not to confuse the tools used in the journey with the process and purposes of the journey. The need for entrepreneurs who are authentic in their passion and beliefs in service, value creation, and betterment of life for all has never been more needed. I guess for so many of us who have to search the dictionary for the meaning of the word "Authentic" the confusion and difficulty of the task of identifying what is authentic is pretty evident.

Related Questions

What are Fred Korangy's key achievements at New Enterprise East Innovations?
How did Fred Korangy transition from CEO roles to Managing Director at NEEI?
What specific projects has Fred Korangy led at NEEI?
How does Fred Korangy's background in systems thinking influence his management style?
What are the main focus areas of New Enterprise East Innovations under Fred Korangy's leadership?
Fred Korangy
Fred Korangy, photo 1
Fred Korangy, photo 2
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Experience

Managing Director at New Enterprise East Innovations Ltd since February 2020
CEO at New Enterprise East Investments from March 2007 - Present; CEO at LogicTree Corporation from January 1995 - April 2007; CEO at Digital Technics from January 1989 - September 2006

Education

MS in Technology Management from University of Maryland Global Campus (1997 - 1999); BBA in Economics from Temple University (1974 - 1978); Certificate in Mobile Communication from Oxford University (

Location

Chevy Chase, Maryland, United States