First Chair: August 2024



Welcome back to First Chair šŸš : Your rundown on Vermontā€™s startup scene brought to you by your friends at VCET. Todayā€™s gems:
šŸ’Ž BIG news! VCET seeks Director, Finance and Investments
šŸ’Ž Sam wants to give you some advice
šŸ’Ž A spotlight on climate tech investor David Aronoff
šŸ’Ž Start Here podcast episode #92 with Alejandro Bergad, Sunsoil


WANTED: A Finance and Venture Investments professional to join the VCET team in Burlington, VT. Weā€™re looking for the right person to help lead our impact-driven non-profit forward by investing in regional startups and scaling firms. Is this you?
Learn more here



Can I give you some advice?
Advising is the backbone of our humble little organization. As our programs and facilities have evolved over the years, business advising has held steadfast. I believe it is our biggest strength and most important contribution to Vermontā€™s entrepreneurial ecosystem. But weā€™re not for everyone, so I figured it may be helpful to share some details on who we can assist and when. Hopefully this helps YOU find the right resource, even if itā€™s not us!
VCET advising is narrowly focused on scalable tech or tech-enabled companies and ideas. For non-tech firms, we recommend the expert advising with our dear pals over at the Vermont Small Business Development Center (VtSBDC) or mentorship through SCORE.
In the last year alone, our team advised over 350 founders and startup teams on everything from ideation through exit. So as my partner Dave likes to say, ā€œweā€™ve seen a lot of movies.ā€ While every person we meet is unique and special in their own ways, their challenges are not. Hereā€™s where I think we can be most helpful:
Giving solo founders clarity in times of uncertainty i.e. finding a signal in the noiseValidating your idea and informing the customer discovery processClarifying potential capital paths (whether they include venture capital or not)Pitch prep and deck feedbackIdentifying opportunities for growth and scale
So, if it sounds like you or someone you know could benefit from working with us, please reach outā€¦itā€™s completely free. Just submit the contact form on our website (yes, we check it daily) or email me directly! Come as you are with what youā€™ve got, but the more information you provide up front, the more helpful we can be. Even if you’re in the ideation phase, tell us about your idea and what prompted you to reach out. If youā€™re farther along, weā€™d love to see your website, pitch deck, one pager, or anything else you have on hand. Just spare us a 40 page business plan šŸ™‚
Iā€™m proud to say that advising has led to our most successful investments and some of our most cherished founder relationships. VCET advising is candid, expert driven, and requires no long-term commitment. If one call is all you need, then great! Otherwise, weā€™re with you until youā€™re bought or buried!
Sam


We donā€™t know who needs to see thisšŸ‘‡todayā€¦but we sure did. (From the author of The Messy Middle, Scott Belsky)


Oh, and this šŸ‘‡



šŸ‘©šŸ½ā€šŸ’» Faraday announces the beta release of their latest prediction technology: Recommendations! Learn more here.

šŸ”„ GPMS is now providing Foresight MX HUMS to the NSW Rural Fire Service for their new Black Hawks! Check it out.

šŸš€ Benchmark announced a strategic partnership with Starlight Engines, developer of a solid metal propellant Hall Effect Thruster. Read all about it.

šŸ¤– Rigorous released the newest robot for their palletizing line. Drumroll pleaseā€¦.the Box Order Bot aka B.O.B.!

šŸƒ Cannatrol co-founder David Sandelman shares how Cannatrolā€™s VaportrolĀ® technology is setting new standards for cannabis drying and curing in this brand new interview.



David Aronoff, a native of Lyndon, Vermont, has been supporting VCETā€™s board since 2008. In this Q&A, he reflects on his pivotal four years at UVM, his experience working at early-stage startups, and passion for venture capital.Story by VCET Marketing Associate, Blaise Siefer
Read the Story

Prefer to listen to stories? Check out our latest Start Here episodes šŸ‘‡and donā€™t forget to follow, rate, review, and subscribe!
Senator Patrick Leahy Start Here Podcast

Listen to the episode


Growing high-paying jobs in the state of Vermont is central to VCETā€™s purpose. Check out these sweet gigs with some of our portfolio companies.
VCET seeks Director, Finance and Investments!

GPMS (Waterbury)Customer Success Representative
OhMD (Burlington)Chief of StaffCustomer Support Specialist
Fluency (Burlington)Account ExecutiveEnterprise Implementation Manager& many more!
Rigorous (Williston)Industrial Electrical Engineer

Are you enjoying First Chair?
Do you have a (kindly worded) suggestion for how to make it better?
Iā€™m all ears! šŸ‘‰ sam@vcet.co


Special thanks to our strategic partners ā¤ļø Senator Patrick Leahy, the University of Vermont, Middlebury College, Consolidated Communications, the Vermont Technology Council, the State of Vermont, M&T Bank, HUD, & SBA.
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