Jeff Fraser (American entrepreneur) Biography
Jeff Fraser is an American entrepreneur and the co-founder of NIC Inc. In 1992, he formed the Kansas Information Consortium, which focused on providing information services to the Kansas government. Overtime they became focused on assisting the federal and state government. In 1999, Kansas Information Consortium became NIC Inc.
Fraser retired from his position in 2008, becoming an honorary chairman at the company. He faced an SEC complaint involving undisclosed perks provided to him while serving as CEO of NIC Inc resulting in Fraser being banned from serving as an officer or director of a public company.
In 2004, he received the Ernst & Young Entrepreneur of the Year Award for his work in the field of technology.
Jeff Fraser (American entrepreneur) Age
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Jeff Fraser (American entrepreneur) Education
Fraser studied at Friends University in Wichita, Kansas, where he received a B.S. in human resource management and an M.S. in information systems.
Jeff Fraser (American entrepreneur) Career
Fraser was a co-founder of the Kansas Information Consortium in 1992. The company was formed in Topeka, Kansas and since then has provided information services for federal and state government in the United States. As part of its services, Fraser oversaw 3,5000 government IT contracts for large parts of the IT infrastructure in the US.
He served as a chairman of the board from the company’s formation in the early 1990s until May 2008. In 1999, he oversaw the company’s rebrand from Kansas Information Consortium to the National Information Consortium and also it going public on the NASDAQ in the same year. He returned to CEO of the company in 2002, remaining in the position for six years. NIC Inc. was created by merging Kansas Information Consortium, Nebraska Interactive, Indiana Interactive, Arkansas Information Consortium and National Information Consortium, all of which were founded by Fraser.
When he became CEO, NIC Inc. was responsible for managing the websites of seventeen states in the United States and eight local governments. During an interview with Bloomberg, Fraser explained how the website offered a self-funding method, rather than charging the client. Whether sending a payment, taxation or renewing professional licenses, NIC received payment from the government rather than the consumer. During the early days of the Internet, this was a definitive move and one now seen across the United States and western world.
Jeff Fraser (American entrepreneur)Award
In 2004, Fraser received the prestigious Ernst & Young Entrepreneur of the Year Award for his work as co-founder and CEO of NIC Inc. He won the award in the technology category, with Wayne Huizenga also a notable winner in 2004. In 2007, revenues for NIC Inc. grew by 19.5 percent for Q3 against the previous year.
During his tenure as CEO, the company roughly served between 60 and 70 million Americans, according to SeekingAlpha. Fraser aimed to expand this to around 120 million within a decade.
The Tsaina Lodge
The Tsaina Lodge is located in Valdez, Alaska. It was a famous stopping point for truckers in the 1940s and also those trekking Alaska’s Thompson Pass. In March 2012, the famous lodge reopened after it was purchased and restored by Fraser and his family.Before rebuilding the lodge, Fraser photographed the original structure and saved memorabilia to include in the rebuilding process. Some of the lodge’s interior woodwork was also repurposed and used to create the new bar.
ESPN stated that the lodge is considered by many as the birthplace of free skiing in Alaska, which is now home to many events such as the Freeride World Tour.Tsaina Lodge is known for more than just winter sports; it is also recognized for fishing, offering heli-fishing around Valdez’s Thompson Pass.
After the reopening, Outside magazine announced the lodge was the runner up as the “Best New Adventure Lodge” in the global award, losing out to the winner The Singular in Patagonia, Chile.
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Jeff Fraser (American entrepreneur) News
NIC Chief Executive Officer Jeff Fraser Wins Ernst & Young Entrepreneur Of The Year 2004 Award
Jeff Fraser has been named one of seven Ernst & Young Entrepreneur Of The Year(R) Award winners for the Missouri-Kansas region. The awards, which were announced on June 23 in St. Louis, honor outstanding entrepreneurs for their vision, leadership, and achievement.
Fraser was singled out for his efforts to use technology to help governments deliver services more effectively to businesses and citizens.
As co-founder of NIC, Fraser is a pioneer in forming effective public-private partnerships with state government. After signing a contract with the state of Kansas in 1992, Fraser deployed a unique self-funded business model that allowed the state to put in-demand services online for the benefit of its constituents — all at no upfront cost to taxpayers.
NIC now uses this self-funded solution to operate official government Web sites and build online services for 16 states and five local governments, including Virginia, Indiana, Utah, Maine, and Indianapolis. The company has built more than 1,000 interactive services that make renewing a driver’s license, filing taxes, or registering a business as easy as checking e-mail.
Under Fraser’s leadership, NIC has grown into a $50 million company that employs more than 275 people in 21 states.
“I share this recognition with our employees,” said Fraser. “NIC is a successful and growing company because our teams across the country continue to deliver exceptional value to our government partners and the constituents they serve.”
Winners were selected by an independent judging panel of local community and business leaders. Fraser is now eligible for the Ernst & Young Entrepreneur Of The Year 2004 national program, which will be announced in November in Palm Springs, California.
IC manages more eGovernment services than any provider in the world. The company helps government communicate more effectively with citizens and businesses by putting essential services online. NIC provides eGovernment solutions for 1,500 state and local agencies that serve more than 51 million people in the United States. Additional information is available at www.nicusa.com.