ITHACA, N.Y. — Tompkins Trust Company announced it has named Jennifer Tegan, partner/owner of Cayuga Venture Fund, to its board of directors.
Tegan is also president of the board of Upstate Venture Association of New York (UVANY), a membership trade organization whose mission is to increase access to capital for entrepreneurs and companies in upstate New York. As part of her role with Cayuga Venture Fund, she also serves on the corporate boards of GiveGab (Ithaca), Intrinsiq Materials (Rochester), and True Gault (New York City).
“We’re extremely pleased to welcome Jennifer to the board,” Greg Hartz, president and CEO of Tompkins Trust, said in a news release. “Her financial experience and business leadership will be great assets to our organization.”
Tegan has bachelor’s and master’s degrees in geology from Smith College and University of Cincinnati, respectively, and her MBA from Cornell University.
Since its inception in 1994, Cayuga Venture Fund and its member investors have invested more than $70 million in technology companies in upstate New York, many of which are based on research performed at Cornell University. The fund has also helped to attract about $300 million of investor capital to technology startup companies in the region, according to the release.
Founded in 1836, Tompkins Trust has 13 branches in Tompkins County, Cortland, and Auburn.
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