Mark Grovic co-founded New Markets Venture Partners in 2003 and is a General Partner. Mark also co-founded LifeJourney, an online educational company that allows students to test drive real life careers in specific corporations. Mark has been investing in high growth companies since 1992. Prior to New Markets, Mark was a Portfolio Manager for the Small Enterprise Assistance Funds (SEAF), a $200 million managed emerging market venture capital company, Director of Estonia-based Baltic Small Equity Fund, a Co-Founder and Principal of the Templeton Emerging Europe Fund, as Principal of Templeton Direct Advisors, and a Portfolio Manager of Private Equities at the Calvert Group.
Mark is a Senior Advisor to University of Maryland University College (UMUC), advising on corporate development and entrepreneurship, and was a Professor at the R.H. Smith School of Business at the University of Maryland, where he taught a Ethics, New Venture Finance and an award-winning Private Equity Clinic for 18 years. Mark also helped to found and served as Board Director of the Baltimore Chapter of the Network for Teaching Entrepreneurship (NFTE), and serves on numerous volunteer as well as public and private company boards.
Mark graduated with Honors from the University of California, Berkeley, where he majored in political economies and received a Juris Doctor from the Georgetown University, where his focus was in international, tax, and corporate law. Mark has also completed graduate work in accounting and finance at the George Washington University and Pace University, and completed the Private Equity and Venture Capital Executive Program at Harvard Business School. He received a certificate in teaching entrepreneurship from the Babson Symposium for Entrepreneurship Educators. Mark lives in Silver Spring, MD with his wife and two children and is a mediocre musician and triathlete.