06/15/2023
Jim Cheng has over 30 years experience as a technology entrepreneur, angel/private capital investor, business leader and a senior state government executive. He currently serves as Chief Strategy Officer for PIE-PS, a Tribal 8(a) IT service firm owned by the Pamunkey Indian Tribe of Virginia.
Jim is also co-founder of CAV Angels, a UVA Alumni based Angel Investment Group. He is also a member/advisor to several other Angel/Venture groups and high tech Startups. He is an Executive Lecturer of Entrepreneurship at the University of Virginia School of Engineering and Applied Science. He also serves on numerous boards/advisory boards of community non-profit organizations and for-profit technology companies.
From Jan 2010 to Jan 2014, Jim served as the Secretary of Commerce and Trade for the Commonwealth of Virginia. His portfolio included about 2000 personnel at 13 agencies, with responsibilities ranging from economic development, housing, employment, export, licensing, tourism, mining and energy. His responsibilities included interacting with stakeholders, policy experts, State General Assembly members, US Congressmen and Senators, and other US Governors and their staff.
Also a large part of his duties included interacting with the highest levels of foreign corporations and governments on trade and related issues. He planned and led over 12 overseas trade delegations (many with the Governor), including trips to UK, Germany, France, China, Japan, South Korea, Taiwan and Israel.
Before his role in state government, Jim was an active Angel and Venture investor specializing in technology companies. He was the President of Totus Lighting Solutions, a startup efficient-energy firm, and mentored several emerging companies.
From 1994-2005 he was founder and CEO of CHM, a government contracting firm specializing in Information Technology, which he grew from a staff of 5 people to 550 and $90M in revenue at the time of sale in 2005. Among the many awards and recognition he received, in 1999 CHM was named Virginia Business Magazine’s fastest growing private company in Virginia and the 12th fastest growing private US company by Inc Magazine’s “Inc 500”. In 2001 he was named SE Virginia’s KPMG Entrepreneur of the year. From 1981-1994 at ECI, a government IT contracting firm, he held various management and technical positions, rising to the position of Sr. Vice President of Marketing.
Jim holds a BS Degree in Computer Science from Old Dominion University, an MBA from the Colgate Darden Graduate School of Business (UVA) and a JD from Georgetown University Law Center.