Bela Musits

Professor of Entrepreneurship & Venture Capitalist

Bela Musits - UNY50 Leadership NetworkBela Musits holds the Reh Professorship in Entrepreneurship and Innovation Practice at Clarkson University. He joined Clarkson in February 2016 as the Vice President of Professional Programs. Union Graduate College (UGC) merger with Clarkson University in February 2016 and Bela played a key role in the merger process and subsequent integration of the two schools. Prior to assuming his current position at Clarkson, he served as Interim President of UGC with prior responsibilities as Vice President of Academic Programs and Dean of the School of Management.


At UGC he was instrumental in exploring merger/partnership opportunities for the college. He also worked with faculty in the development of new degree programs and the expansion into online delivery.  Before joining UGC, Bela was a Founder and Managing Director of High Peaks Venture Partners now known as Primary Venture Partners. Bela continues as a Venture Partner at Primary, where he is focused on seed-stage investing. Prior to High Peaks, Bela was the Director of Rensselaer Polytechnic Institute’s Incubator Program – Emerging Ventures Ecosystem (EVE).  Where he was responsible for guiding this internationally recognized incubator program focused on identifying, creating, and growing new technology ventures and commercialize university-developed technology.  Prior to joining the EVE, he led the turnaround and sale of a sporting goods manufacturer where he served as President and CEO.


Bela also managed the successful technology spin-off from IBM Research, serving as co-founder and president of a computer-guided robotic surgery company.  He raised over $17 million in capital and positioned the company for a successful IPO in 1997.


Bela is experienced in new business creation, technology commercialization & licensing, business turnarounds, raising capital, and strategic business planning.  He is the founder of two venture-backed companies and has held senior management and technical positions at the corporate research labs of IBM and GE.


He has developed and taught courses at several colleges and served as an Adjunct Professor at Babson College where he taught entrepreneurship in the MBA program. He is a past member of the clinical faculty of the Lally School of Management at Rensselaer Polytechnic Institute, where he taught graduate & undergraduate courses in entrepreneurship and new venture creation. He has also given lectures on entrepreneurship and venture capital at University @ Albany, Skidmore, Syracuse University, University of Rochester, RIT, NYU, Columbia, Olin College, and Worcester Polytechnic Institute.


Bela’s current and former community and professional board positions include; the Board of Directors of the Center for Economic Growth, the Board of Directors of the Albany-Colonie Chamber of Commerce, the Board of Directors of the National Business Incubator Association, the Board of Directors of MedTech, the Board of Governors of the Glens Falls Hospital, a founding Board member of the Upstate Venture Association of New York, and the Board of Trustees of Adirondack Community College.


Bela graduated from Rensselaer Polytechnic Institute, earning bachelor and master’s degrees in mechanical engineering and a MBA. He also holds numerous U.S. patents and has published over 25 technical and business articles.