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West Virginia Growth Investment LLC

Angel Group · 38 Members · Charleston, WV, US
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About this Program

Our objective is to provide favorable returns to our Investors and promote small business & economic development in & around West Virginia.

Our Investment Focus

West Virginia Growth Investment LLC will invest primarily in small businesses (as such term is defined by the United States Small Business Administration) that demonstrate the potential for growth and a suitable return to the investors. We expect investments will be in early to mid-stage private companies and follow-on investments in such companies. The LLC may also invest in late-stage private companies, and in private companies that are undergoing generational and other ownership transitions. The LLC will attempt to focus its investments within West Virginia but is not restricted from investing in any businesses that the investors deem suitable. Companies that will be considered need to demonstrate : Relevant management experience, leadership and financial investment in the company, Knowledge of the market dynamics for the products or services of the company, Knowledge of competition in the marketplace, Product or service uniqueness, Preference for initial market acceptance with current annual sales of $500,000 or more, Accurate historic and current financial statement using GAP accounting, Forecasts with underlying assumptions that demonstrate business acumen, Reasonable pre- money valuation, Articulate defined exit strategy for investors, Path to obtaining additional financial and human resources needed by the company to get to an exit opportunity for investors, Impact of job creation or retention in West Virginia if any.

Preferred Industries

  • Biotechnology
  • Business Products
  • Clean Technology
  • Computers and Peripherals
  • Consumer Products
  • Education
  • Electronics / Instrumentation
  • Financial Services
  • Food and Beverage
  • Healthcare Services
  • Industrial/Energy
  • Internet / Web Services
  • IT Services
  • Lifestyle
  • Marketing / Advertising
  • Media and Entertainment
  • Medical Devices and Equipment
  • Mobile
  • Nanotechnology
  • Networking and Equipment
  • Retailing / Distribution
  • Semiconductors
  • Software
  • Sports
  • Telecommunications
  • Travel