Please check out the audited financials for the Vermont Seed Capital Fund from June 30, 2022 and 2021.

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.

There is a lot of news of late in Vermont on venture capital sources, new and pending funds, and most importantly, many companies starting and scaling. These are exciting and truly unprecedented times for Vermont.