Commercial banker hired to oversee Business Incubator Center

A commercial banker with more than 15 years of experience will assist with business development in a different role as the new executive director of the Business Incubator Center in Grand Junction.

The center board of directors announced in a news release that it hired Jon Maraschin to oversee the center and its various programs.

“I believe that we have the right organization, staff and opportunity with the Business Incubator to influence the future of our region through economic development,” Maraschin stated in the release. “I am humbled by the opportunity to take a leadership role as we move forward.”

Maraschin succeeds Chris Reddin, who served as executive director of the center for nearly five years before deciding to return to her roots in the private sector.

Prior to joining the Business Incubator Center, Maraschin worked as a commercial banker at U.S. Bank in Grand Junction. He previously worked as a vice president and principal business banker with Wells Fargo and before that a vice president and senior relationship manager with First Security Bank. Maraschin also served in the Navy, including operations during the first Gulf War. He holds a bachelor’s degree in marketing from the University of Utah with an emphasis in accounting.

In addition to his banking experience, Maraschin has worked in retail management and started and operated his own small businesses. He’s presented information at a business planning course offered through the Business Incubator Center and participated in other events at the center.

The Business Incubator Center offers a range of programs to assist entrepreneurs and new and existing businesses, including free and low-cost courses, low-cost space and a revolving loan fund.

Over the past 24 years, the center has assisted with the launch of more than 260 companies, the creation of about 10,000 jobs and nearly $54 million in capital investment.