Vermont’s Early Stage Venture Capital Fund
The Vermont Seed Capital Fund, LP is looking for select investment opportunities in early stage, high opportunity, technology based companies in Vermont. Objectives are to impact next generation job and wealth creation in Vermont by providing companies and entrepreneurs access to early stage risk capital. The fund is a revolving, “evergreen” equity fund with $5 million of initial capitalization from the State of Vermont and U.S. Senator Patrick J. Leahy. The Vermont Economic Development Authority (VEDA) is a strategic partner for this fund.
This is a professionally managed venture capital fund which invests exclusively into Vermont start-ups and growing firms determined as offering high growth potential, financial return commensurate with risk, and public benefit for Vermonters. Portfolio firms also have access to substantive programs, facilities, partners, and value-adding services offered via a strategic relationship with the non-profit VCET incubator.
Investment transactions range from $50,000 to $250,000. The fund can act as lead investor or as part of investment syndicate.