The VTC Seed Fund is a venture capital fund focused on seed and pre-seed stage investments in companies with the potential for high growth. The Fund is primarily funded by Virginia Tech and Carilion Clinic and concentrates its investment activities on the Virginia Tech and Carilion Clinic ecosystems as well as the greater Roanoke & Blacksburg region.
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.