Arizona Venture Development Corp. has named James Goulka its new chief executive officer, effective July 29, the Phoenix-based venture capital firm announced.Goulka took the helm of AVC on Monday. Prior to joining the venture capital firm, Goulka served as chairman and managing director of Arizona Tech Investors. He retired from that role in December 2022.His appointment as CEO comes on the heels of the AVC board’s termination of former CEO Andy Lombard in June.AVC directs millions in federal funds to Arizona startups with underrepresented founders, administered through the Arizona Commerce Authority.“I am excited to join Arizona Venture Development Corporation. It is a unique opportunity to demystify the role such investments play in Arizona’s economy, complement existing economic development initiatives statewide, and accelerate the growth of Arizona’s best young companies,” Goulka said in a statement. “I look forward to working with the AVC staff, our existing investment partners and the tech startup community.”AVC’s three-member board unanimously selected Goulka based on his extensive expertise in venture capital and the Arizona-based tech ecosystem, Vada Manager, an AVC board member, told AZ Inno.Download the free PBJ app for breaking news alerts on your phoneGoulka led ATI for more than 12 years, overseeing the organization’s growth from 22 members to more than 100, making it one of the most prominent angel investor groups in Arizona. Goulka made increasing the diversity of ATI as part of his mission as director of the organization, the Business Journal previously reported.Goulka has served as CEO of three software companies. In addition, he was CEO of the National Technology Transfer Center, which commerc …
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