Entrepreneur-in-Residence (“EIR”) Program

Since its founding, TerraNova Partners has successfully fostered an Entrepreneur-in-Residence program, partnering with individuals who have been successful operators and investors to look at new investment opportunities for TerraNova and help the EIRs (operationally and financially) launch and grow businesses and raise capital.

A number of successful companies (including Western Goldfields Inc., now New Gold Inc.) were started in TerraNova’s offices, with the operational, advisory and financial backing of TerraNova and its principals.  Additionally, TerraNova’s EIRs have successfully joined the senior management teams of TerraNova’s portfolio companies to help execute on ambitious business plans (most recently Richard Porter joined Compact Power as COO and Dundee Staunton joined Decision Point Research as Partner).



TerraNova currently has four Entrepreneurs-in-Residence: Bob Nicholas, Keith Harradence, Dundee Staunton and Garth Wheldon.

Bob Nicholas

Bob has been an Entrepreneur-in-Residence since 2017, and has worked with the TerraNova team since 2014.  

Bob is a sales, marketing and business development executive with experience across multinational and private companies and working with private equity partners.  Bob’s consumer products background includes over 25 years in both retail and food service, across all temperature states, serving all major North American customers.  He has extensive experience with both developing and nurturing national and private label brands.  A growth oriented, consumer- and customer-centric leader, Bob has led national and international teams in developing winning strategies across small, medium and large organizations, including senior roles with General Mills, Pillsbury and ConAgra.  Bob has been instrumental in shaping the go-to-market efforts of privately held companies, with focus on developing high performance teams, customer management, brand building and innovation.

Bob is a graduate of Simon Fraser University, Ivey’s Executive Program at Western University and the Sauder Accelerated Team Leadership Program at the University of British Columbia.

Keith Harradence

Keith has been working with TerraNova since 2009, officially as an Entrepreneur-in-Residence since 2014.  

Keith has been a director of a number of private companies and was formerly President & CEO of NexCycle Inc., one of North America’s largest glass and plastic recycling companies.  Over his career, Keith has held senior management positions with numerous established and start-up companies.  Keith was previously a member of the board of WPO Ontario and is currently on the board of Back Lane Studios, a nonprofit that provides facilities and training to teens to interview seniors and community enterprises to experience, preserve and share neighbourhood stories through video.

Keith is a graduate of the University of Saskatchewan (BSc.) and Neuchâtel Junior College (Switzerland).

Dundee Staunton

Dundee is currently Partner and a Director of Decision Point Research Inc., joining the company on a full-time basis upon TerraNova’s acquisition in 2016 in order to help manage and grow the company.

Dundee is the former Chairman of Taylor & Grant Specialties which merged with Chocolate Inn of Freeport, New York to form the largest confectionary supplier to the promotional marketplace in North America.  During his career, Dundee has managed and owned several manufacturing companies serving a variety of industries.  He has been a director of a number of public and private firms, and he is currently on the boards of not-for-profit entities The Mosaic Institute and Innovators Alliance

Dundee is a graduate of the University of Toronto (BSc.) and York University (MBA).

Garth Wheldon

Prior to his role of Entrepreneur-in-Residence at TerraNova Partners, Garth was President and CEO of KK Precision Inc., a manufacturer of large complex components and assemblies for the gas turbine industry which was owned by TerraNova and successfully sold in 2011.  During his career Garth has managed, grown and turned around several manufacturing businesses in the aerospace and complex industrial sectors with a record of profitable growth, application of advanced manufacturing techniques and lean practice.  Garth currently consults for and helps run a number of operating companies. 

As a Professional Engineer and Chartered Engineer (Europe), Garth’s experience brings a mix of managerial and technical expertise.  Garth holds a Bachelor of Science Honours Degree in Mechanical Engineering from Staffordshire University (UK).