As an intellectual property lawyer with more than 35 years of experience, it’s no surprise that Greenwich resident Joe Kaliko has been appointed by Gov. Dannel Malloy to serve on the board of directors of Connecticut Innovations Incorporated (CI).
The organization is Connecticut’s quasi-public authority responsible for expanding state businesses through innovative financing tools and assistance, and providing strategic insight to stimulate the development of high-tech industries. According to Mr. Kaliko, the CI board of directors has 17 members — nine appointed by the governor and eight appointed by the legislature. Members bring expertise to the board from a variety of fields, including engineering, finance, environmental protection, and business management, and even includes Connecticut State Treasurer Denise Nappier, who serves as a constitutional officer.
“I’m overwhelmed by the talent on the board,” Mr. Kaliko said, adding that he believes he was appointed to the group because his expertise complements the diverse array of skills represented.
Currently managed by CEO Claire Leonardi, CI was created by the Connecticut Legislature in 1989. And since 1995, returns from its own investments — not state money — have supported operations and programs that promote forward-thinking in business. Over the last two decades, the organization has helped more than 100 emerging companies research, develop and market new products and services, appealing to private equity providers who have added more than $1 billion in additional investments.
Unlike a traditionally run state agency, however, CI operates semi-autonomously, “just like a corporation,” Mr. Kaliko said. The board of directors, then, serves as the governance component of the corporation and Connecticut residents as its stakeholders, he said. Essentially, he added, it’s an engine for creating jobs and prosperity within the state — “a tremendous undertaking.”
Leading up to his appointment to the CI board, Mr. Kaliko has had experience working not only in law but also as an inventor, computer scientist and entrepreneur. In 1968, Mr. Kaliko joined Bell Telephone Laboratories, where he developed software for anti-ballistic missile systems as part of a team of scientists who laid the foundation for present-day missile defense shields. By 1973, he was a member of the Bell Labs patent staff, where he focused on the patentability of software, identifying and protecting intellectual property.
From 1977 to 1983, Mr. Kaliko served as patent and general counsel for Schlumberger Ltd. companies located in the United States and abroad. For the past 30 years he has operated a successful intellectual property law practice, serving a wide range of Fortune 500 companies and individuals.
Currently, Mr. Kaliko is president and CEO of Gaming Innovations International LLC, which designs innovative gaming products and services for lotteries and their suppliers internationally. Mr. Kaliko recently worked closely with Connecticut legislators to pass a law that enhances the legal protection of volunteer first responders in the state — a feat close to his heart, as he is sits on the board of directors of the Cos Cob Fire Police Patrol, a nonprofit organization.
Throughout 2011 and 2012, Mr. Kaliko served as a special adviser to the Office of Policy and Management, co-authoring a report on the state of Connecticut’s intellectual property commercialization and monetization activities.
In 2013, Mr. Kaliko begins a new chapter with his appointment to the CI board of directors.
“I want to express my appreciation to Gov. Malloy for the opportunity he has extended to me to serve on the CI board,” Mr. Kaliko said. “My goal as a board member is to help implement his vision of focusing on job creation, economic development, investment, and innovation, as tools to grow Connecticut’s economy.”