WASHINGTON: Startup incubator 1776 has brought on Margaret Shepard as MD, based in its headquarters in the nation’s capital.
The position is newly created. She will report to CEOs Donna Harris and Evan Burfield. Her initial responsibilities are to streamline the company’s work as it expands its offerings for the business community.
"I cultivated an appreciation and fascination with the startup community during my time at the Chamber," Shepard said. "Much like startups, this is my own entrepreneurial way to disrupt my professional career in a positive way."
She previously worked at the U.S. Chamber of Commerce for nine years, most recently as executive director of communications and strategy. Previously, she had stints at Golin and Chlopak Leonard Schechter & Associates.
1776 is a business incubator and seed fund that helps startups in industries like education, energy, and sustainability. The company was founded in 2013 by Harris and Burfield. Harris is the former MD of Startup America Partnership, while Burfield is the founder of netDecide and Synteractive.
A group led by Steve and Jean Case made a $7.2 million investment in the organization in March. Australia-based technology investment firm Pepper Group is leading investment in 1776. The group said it was launching a Dubai campus in late April.
Shepard was on PRWeek’s 40 Under 40 list in 2015.
This story was updated on May 17 with quotes from Shepard.