Business-center director resigns after four years
Reddin says she'll help recruit her successor, will stay in valley
Business Incubator Center Executive Director Chris Reddin tendered her resignation Friday, saying she is ready to take her life in a new direction and may move into the private sector.
Reddin’s last day with the organization will be Aug. 5. She said she will help recruit her successor and plans to stay in the Grand Valley.
“All is well with the incubator and with me,” Reddin said. “It just feels truthful for me to move on at this time.”
Reddin, a former client of the incubator center as chief financial officer for outdoor company Mountain Sprouts, was hired in 2007 to lead the nonprofit group that helps launch and develop local businesses on the Western Slope. She previously served as chief operations officer of BR Incubator at Cornell University in Ithaca, N.Y.
Reddin arrived at the incubator center at a time when the Grand Valley was nearing the end of several years’ worth of steady economic growth. She noted that when she first started the job, there wasn’t a large demand from clientele. Jobs were plentiful.
“We really focused initially on anybody who made any contacts with us. They got anything and everything we could throw at them,” she said.
Then the economy tanked, and demand for services from people who had been laid off and were looking for a fresh start shot up.
The incubator center worked with more than 700 clients last year, an all-time record for the organization that got its start in 1987. Reddin said the center saw a solid number of business starts but not a record — an indication that while it may be a good time to start and grow a business, it’s not easy.
Reddin said her job isn’t an easy one to leave “because I feel like we’re absolutely critical in this environment.”
“I have learned a tremendous amount and continue to be challenged by my role here and the clients I work with,” she said.
Chris Launer, a member of the incubator center’s board of directors, said the board was disappointed to hear of Reddin’s resignation.
“We hate to see her go,” Launer said. “Chris has done a terrific job and we wish her well in whatever her new ventures might be.”