Craig Markovitz, CMU EIR & Blue Belt Technologies founder
Play • 36 min

Craig S. Markovitz is an Entrepreneur in Residence in the Swartz Center for Entrepreneurship and a Distinguished Service Professor of Entrepreneurship in the Tepper School of Business at Carnegie Mellon University (CMU).  He is also the inaugural Prosser Mellon Fellow at the RK Mellon Foundation as well as a Corporate Innovation and Entrepreneurship Specialist with the law firm of Troutman Pepper.

Markovitz is co-founder of Blue Belt Technologies, Inc., a spinoff from the Robotics Institute at CMU and served as the company’s Chief Executive Officer for over 7 years.  In this capacity, he launched the company, raised capital, managed operations, and led a January 2011 merger with HealthpointCapital.  He then transitioned to Chief Operating Officer and helped to lead substantial growth of the company from pre-revenue and 18 employees to multi-million in revenue and 150 employees.  Craig was a key member of the deal team that led to an acquisition by Smith and Nephew, plc in January 2016 for $275,000,000.

In addition, Markovitz was Chief Executive Officer and co-founder of Spotlight Medical, Inc.  Spotlight was a spinoff company based on technology developed jointly by Carnegie Mellon University and The University of Pittsburgh.  He managed this company to a successful exit as well.

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