VCET FY21 Impacts

VCET FY21 Impacts

VCET directly assisted 259 startups and entrepreneurs in the fiscal year 2020, bringing the total number served in Vermont to 2,392. VCET’s 59 lifetime “portfolio” companies have cumulatively generated $221 million in sales, $191 million in payroll, and attracted $250 million in capital.

What. A. Year.

What. A. Year.

2020 was not an easy ride. But in many ways, the challenges of the past months have made this community better, stronger, and more resilient than ever before. As we reflect on an unforgettable year, the word that comes to mind is GRIT.

VCET FY20 Impacts

VCET FY20 Impacts

VCET directly assisted 259 startups and entrepreneurs in the fiscal year 2020, bringing the total number served in Vermont to 2,392. VCET’s 59 lifetime “portfolio” companies have cumulatively generated $221 million in sales, $191 million in payroll, and attracted $250 million in capital.

Vermont Seed Capital Fund, LP Annual Report FY20

Vermont Seed Capital Fund, LP Annual Report FY20

The Vermont Seed Capital Fund, LP launched for investing in May 2010. The for­-profit Fund is managed by the VCET Capital Corporation, a wholly-owned subsidiary of the non­profit Vermont Center for Emerging Technologies (VCET).

Student Entrepreneurs, Learn from my mistakes – Part 2

Student Entrepreneurs, Learn from my mistakes – Part 2

Rebrand your failures to pivots If there’s one thing all entrepreneurs are taught or figure out for themselves, it’s that failure is unavoidable. Every entrepreneur will experience some degree of failure in their career; I like to look at my experience with MAG as getting one under my belt early. After my crowdfunding campaign failed … Continued

Student Entrepreneurs, Learn from my mistakes – Part 1

Student Entrepreneurs, Learn from my mistakes – Part 1

When I arrived at UVM in the fall of 2017, I had a semi-functional prototype and a plan to revolutionize the snowboarding industry. The prototype was V1 of the MAG snowboard binding, a binding that replaced traditional ratchet straps with a magnetic clip and lever system. At the time, the prototype was crude and barely … Continued

Vermont Seed Fund Advisory Board

Vermont Seed Fund Advisory Board

The Vermont Seed Fund Advisory Board was created by enabling statute to assist in the formation and to advise the fund manager in the strategic operation of the Vermont Seed Capital Fund, LP.  The Fund is a $5.1 million