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 business mentoring, three coworking spaces and for a select few venture capital investment.
VCET manages the Vermont Seed Capital Fund, LP: The Fund is 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.
