Investment Amount
- $100,000 – $350,000 (tranched)
Investment Structure
- Primarily syndicated co-investment – equity or convertible debt
- Strong preference for syndication with angels and other institutional investors
Company Profile
- Post-proof of concept high growth pre-seed/seed stage opportunities
- Companies must have or be in the process of building a dedicated management team
Geography & Strategic Focus
Companies within 75 miles of Roanoke, Virginia or with a connection to Virginia Tech or Carilion Clinic
- Examples of a meaningful connection to Virginia Tech or Carilion include, but are not limited to, sponsored research / co-development (pre- or post-investment), alumni C-level team members or founders, clinical trials, outsourced R&D, etc.
Industry Focus
- Sector Agnostic High Growth – We apply a flexible approach from a sector standpoint, but all investments must have the potential for rapid exponential growth
Company Attributes
- Dedicated management teams
- Clear post-proof of concept
- Large addressable market
- Innovative tech / intellectual property
- Tangible exit pathways
- Potential for rapid growth
- Executable business model
- Initial or demonstrated product / market fit
Mission
By investing in promising early stage companies and entrepreneurs, the VTC Seed Fund aims to:
- Create pathways for world changing technologies to be commercialized.
- Aid in the continued development of the regional and
VT / Carilion entrepreneurial and angel investment ecosystem. - Increase the standing of Virginia Tech, Carilion, and the Roanoke / Blacksburg region on the national and international stage from an entrepreneurship and innovation perspective.
- Increase VT / Carilion alumni, regional entrepreneurial, and high-net-worth individual engagement and mentorship.