FLINT, Mich., Aug. 15, 2016 /PRNewswire/ -- Skypoint Ventures, LLC, a Flint-based venture capital firm, has added David Ollila to their roster as Vice President of Innovation. Ollila brings his experience as an entrepreneur and inventor to the new role, collaborating with portfolio and investment companies to maximize their capacity for innovation and identify opportunities for growth. He will also play an important role in the revitalization of the Ferris Building, working to build an innovation hub that will attract talent and investment from across Michigan and beyond.

"I'm most excited about the unknown," Ollila said of his new position. "My biggest fear is having a job where I wake up and know what's in store for me, so I'm looking forward to this dual role of working with portfolio companies and building this innovation hub."

A self-described serial entrepreneur and innovator, Ollila has spent his professional life developing opportunities for himself and others. As the founding director of Invent@NMU, a program at Northern Michigan University, he has helped many inventors launch their products from idea to market. The program has been so successful spurring economic development in the Upper Peninsula that it's now being considered for statewide expansion.

"David brings infectious enthusiasm for innovation," said Jocelyn Hagerman, Co-founder and CEO of Skypoint. "He has a real talent for identifying opportunity. We are very excited to have him join our team."

Ollila's dedication to developing new ideas has resulted in multiple startups. He holds over a dozen patents and has been nationally recognized for his work to improve and grow the economies of rural areas.

Ollila, his wife and two daughters are in the process of relocating from Marquette, Michigan to Flint for the opportunity. He is looking forward to collaborating with Skypoint's portfolio companies and playing his part in making the Ferris building—and downtown Flint—a center of activity. To learn more about Skypoint and how they are investing in communities they love, visit skypointventures.com.

About Skypoint Ventures
Skypoint Ventures, LLC is a Flint-based venture capital firm dedicated to supporting new businesses through funding, providing resources and creating connections within the industry and community. Founded in 2014, Skypoint has created opportunities through their Dryden and Ferris buildings in Flint, and other properties across Michigan.

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SOURCE Skypoint Ventures, LLC

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