Vermont Center for Emerging Technologies - Ideal Startup Investment
Emerging companies may have terrific ideas, but not necessarily all of the skills, experience and resources in place to grow and prosper. In response to this need, VCET offers entrepreneurs an incubator program and seed capital fund.
VCET Incubator Program: Offers select early stage firms substantive business mentoring along with traditional business incubator services and infrastructure. VCET team members and partners work closely with start-up teams or individual entrepreneurs helping to crystallize concepts, assemble teams, craft business models, secure resources and locate early customers.
VCET Seed Capital: Looking for select investment opportunities in early stage, high opportunity, technology based companies in Vermont. (Ineligible sectors are restaurants, retail and real estate.) Objectives are to impact next generation job and wealth creation in Vermont by providing companies and entrepreneurs access to early stage risk capital. VCET expects their investments to generate market rate returns commensurate with the business risks at the early seed stage. Returns must be sufficient to support evergreen (i.e., revolving) of this fund for future investment.
Vermont Center for Emerging Technologies Invests In These Industries
• Biotechnology
• IT Services
• Business Products and Services
• Lifestyle
• Clean Technology
• Marketing / Advertising
• Computers and Peripherals
• Media and Entertainment
• Consumer Products and Services
• Medical Devices and Equipment
• Education
• Mobile
• Electronics / Instrumentation
• Nanotechnology
• Financial Services
• Networking and Equipment
• Food / Drink
• Other
• Gaming
• Semiconductors
• Healthcare Services
• Software
• Industrial/Energy
• Sports
• Internet / Web Services
• Telecommunications
Vermont Center for Emerging Technologies Invests In Companies That Have Reached The Following Milestones
Concept Only - $3M in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only
Vermont Center for Emerging Technologies Invests In Companies With These Funding Needs
Pre-money Valuation: - Not Entered
Capital Seeking: USD50,000 - USD250,000
Previously Raised: USD0 - USD0
Vermont Center for Emerging Technologies Expects Their Investments To Generate
Expected Revenue By Year 5: USD2,000,000 - USD25,000,000