The University of St. Francis (USF) College of Business & Health Administration has hired  Dr. Karl Muth to joined the USF Small Business Accelerator (SBA) program as the Executive in Residence. Announced earlier this year, the USF Small Business Accelerator will provide equity-free accelerator funds and mentorship to businesses and entrepreneurs in underserved categories. In this role, Muth will lead the SBA advisory committee and will serve as senior mentor and advisor for new accelerator ventures.

“We are excited to welcome Dr. Muth to our USF Small Business Accelerator team,” said Shannon Brown, Ph.D., dean of the College of Business and Health Administration. “Dr. Muth brings exceptional credentials in private equity, firm valuation, and senior-level leadership to the program.” Muth previously served as an Executive in Residence for the University of Chicago and has served in senior-level positions for a variety of entities including as CEO of a venture-backed financial tech startup, senior mentor at Microsoft Ventures (now called M12), and board member for a major Fortune 250 insurance company. He currently sits on the board of Venture for America, which helps identify passionate young people in underserved groups and underserved cities and connects them with the training, resources, and networks needed to start and scale their business ideas. The USF Small Business Accelerator program is funded in part through a Grant with the U.S. Small Business Administration. For more information on the USF Small Business Accelerator or to apply for funding (a final round of applications will be accepted through September 20, 2023), please email USFAccelerator@stfrancis.edu or visit stfrancis.edu/accelerator. Interested parties may also contact Bonnie Covelli, Ed.D., at bcovelli@stfrancis.edu or 815-740-5071 with questions.