Mario Casabona is an Entrepreneur and active Angel Investor. In 2007, he founded Casabona Ventures, LLC (CasabonaVentures.com); a New Jersey based Company providing management services, strategic planning, and private equity (Angel) financing to early stage technology focused companies. Current focus is on technology which improves quality of life, enhances life style and has a positive impact on the environment.
In 2011, Mario founded TechLaunch LLC, (TechLaunch.com) NJ’s Technology Accelerator which provides seed funding, co-working space, LaunchPad (business boot-camp), mentors, and access to investors for aspiring entrepreneurs. He continues to serve as the CEO.
In 1982 Mr. Casabona was the founder and CEO of Electro-Radiation Inc. (ERI) of Fairfield, New Jersey, a developer of Navigation and Communications technology for the Defense Industry. In 1998 he was awarded the National Tibbetts Award, which recognizes contributions to the U.S. Science and Technology industry. In 2010 he was awarded the Financier of the Year Award from the New Jersey Technology Council.
In 2004, he sold ERI to Honeywell International, where until 2007 he continued to provide management and technical guidance as its Director of Electronic Protection, Defense and Space Systems (D&S) Business Unit in Morristown, New Jersey.
Mr. Casabona is Chairman Emeritus of Jumpstart New Jersey Angel Network serving from 2009 to 2012, one of the premier Angel groups in the Mid-Atlantic Region. In 2004, he was appointed as a Commissioner on the New Jersey Commission on Science and Technology. He is a Board member of the New Jersey AOC Chapter (a national defense industry association); Past Chairman and current Board member of the Research and Development Council of New Jersey; appointed by former Governor James E. McGreevy to the Jobs Growth and Economic Development Commission; and currently serves on The New Jersey Economic Development Authority Technology Advisory Board (TAB) and The Clean Technology Advisory Committee (CTAC). He is also on the advisory board of Fairleigh Dickinson University Rothman Institute for Entrepreneurial Studies; Seton Hall University Entrepreneurial Studies; Montclair University College of Science and Mathematics; and the Meadowlands Business Accelerator. He is an active member of NJ Technology Council, IEEE, and Venture Association of NJ. Mr. Casabona also serves on the Boards of several private companies. He is often quoted in mainstream and trade press outlets, and is a frequent guest speaker and panelist at University and Professional events.
In 2009, The Center for Italian & Italian-American Culture, in the tradition of honoring outstanding individuals of Italian descent, selected Mario Casabona as the recipient for its Man of the Year Award.
Mr. Casabona is an Electrical Engineer and holds 12 national and international patents in the field of satellite-based navigation and communications. He lives in Morris County, enjoys mentoring, creating and operating new Companies, vacationing and spending casual time with family and friends in his NY State log home retreat.