Access to capital is a cornerstone of success for entrepreneurs and startups, but the knowledge of where and how to access different types of capital can be a daunting task. This page provides resources to help begin breaking down those barriers.

Educational Series: Founders & Funders

From December 2020-June 2021, Valleys Innovation Council hosted a monthly series of educational events focused on issues of capital access. This series covered topics including non-dilutive (grant) funding, angel and seed funding, venture capital, and debt. The pages below are password protected. Please contact us at meetings@valleysinnovation.org for the password.

The Color of Money

Nondilutive Funding

Angel Investing

Seed Investing

Venture Capital Investing

Debt Financing

Investment Banking

Program Type of Capital Website
757 Angels Network Angels www.757angelsgroup.com/
Blu Venture Investors Angels www.bluventureinvestors.com/
CAV Angels Angels cavangels.com/
Charlottesville Angel Network Angels cvilleangelnetwork.net/
Lighthouse Labs Angels Angels angel.co/virginia-angels/syndicate
Hivers & Strivers Angels www.hiversandstrivers.com/
New Dominion Angels Angels www.newdominionangels.com/
Shenandoah Valley Angel Investors Angels svangelinvestors.com/#about
Trolley Ventures Angels trolleyventures.com/
The Launch Place Angels www.thelaunchplace.org/
Virginia Tech Investor Group Angels www.apex.vt.edu/spotlight/virginia-tech-investor-network-vtin/
CommonWealth Angels Angels cwangels.com
Virginia Community Capital Loan vacommunitycapital.org/lending/small-business-lending/
Tap Into Hope Loan tapintohope.org/program/business-seed/
CIT Gap Funds Seed Fund www.cit.org/gap.html
VTC Seed Fund Seed Fund www.vtcseedfund.com/
CIT Commonwealth Commercialization Fund Seed Fund www.cit.org/ccf.html
Virginia Founders Fund Seed Fund www.cit.org/virginia-founders-fund—vff.html
VTC Innovation Fund Venture Capital vtcinnovationfund.com/
Blue Heron Capital Venture Capital www.blueheroncap.com/
Boxwood Partners Venture Capital boxwoodpartners.com/
Sandbox Venture Capital sandboxrva.com/ 
VABio Venture Capital www.vabio.org/page/SWVA
NRV Venture Capital nrv.vc/
Colonnade Capital Partners Venture Capital colonnadecap.com/
Name of program Type of Capital County Website
CommonWealth Angels Angels All www.cwangels.com/
The Gauntlet Competition Roanoke County www.theadvancementfoundation.org/the-gauntlet
City of Roanoke Covid-19 Relief  Loan Fund Loan Roanoke City roanokeva.gov/civicalerts.aspx?AID=1216
Rural Loan Fund Program – Advancement Foundation Loan Roanoke County www.theadvancementfoundation.org/resources
Virginia Community Capital Loan All vacommunitycapital.org/lending/small-business-lending/
Alleghany ADHEC Microloan Loan Alleghany www.ahedc.com/business-incubator/banking/microlenders/
Alleghany Highlands Economic Development Corp. revolving loan fund Revolving Loan Fund Alleghany www.ahedc.com/data-center/grant-application/
Vinton Revolving Loan Fund Revolving Loan Fund Roanoke County www.vintonva.gov/DocumentCenter/View/1966/Vinton-Flyer_COVID
Community Revolving Loan Fund – Advancement Foundation Revolving Loan Fund Roanoke County www.theadvancementfoundation.org/resources
VTC Seed Fund Seed Fund All www.vtcseedfund.com/
Tap Into Hope Seed Fund Roanoke County tapintohope.org/program/business-seed/
CIT Gap Funds Seed Fund All www.cit.org/gap.html
CIT Commonwealth Commercialization Fund Seed Fund All www.cit.org/ccf.html
Virginia Founders Fund Seed Fund All cit.org/virginia-founders-fund—vff.html
VTC Innovation Fund Venture Capital All vtcinnovationfund.com/
Name of program Type of Capital County Website
CommonWealth Angels Angels All cwangels.com
JUMPSTART Giles Business Challenge Competition Giles virginiasmtnplayground.com/jumpstart-giles/
Pulaski County Local Business Grant Grant Pulaski pulaskicounty.org/documents/pulaski_covid_recovery_funds_small_business_fillable.pdf
Floyd RISES Grant Program Grant Floyd yesfloydva.org/covid-19-business-resources/
Virginia Community Capital Loan All vacommunitycapital.org/lending/small-business-lending/
Montogmery County Economic Development, MBC Revolving Loan Fund Montogmery yesmontgomeryva.org/news-and-events/home—news-and-events/2019/09/30/montgomery-county-economic-development-mbc-revolving-loan-fund
New River Valley Development Corporation revolving loan fund Revolving Loan Fund All yesfloydva.org/loan-funds-available/
Town of Floyd Revolving Loan Pool Program Revolving Loan Fund Floyd townoffloyd.org/revolving-loan-fund/
CIT Commonwealth Commercialization Fund Seed Fund All cit.org/ccf.html
CIT Gap Funds Seed Fund All cit.org/gap.html
VTC Seed Fund Seed Fund All vtcseedfund.com/
Virginia Tech Foundation Seed Fund All www.vtf.org/
Virginia Founders Fund Seed Fund All www.cit.org/virginia-founders-fund—vff.html
VTC Innovation Fund Venture Capital All vtcinnovationfund.com/
Third Security Venture Capital All http://www.thirdsecurity.com/index.html
Name of program Type of Capital County Website
CommonWealth Angels Angels All cwangels.com
Virginia Community Capital Loan All vacommunitycapital.org/lending/small-business-lending/
Venture for Entreprising Women Loan Program (VEW) Loan Lynchburg lbdc.com/vew-loan-program/
Business Development Centre Loan Fund Loan Lynchburg lbdc.com/business-development-centre-loan-fund/
COVID Business Recovery Loan Program Loan Lynchburg www.opportunitylynchburg.com/eda-business-recovery-loan-program/
Lynchburg Business Development Centre Revolving Loan Fund Revolving Loan Fund Lynchburg lbdc.com/revolving-loan-fund/
Lynchburg Economic Dev. Authority Revolving Loan Fund Revolving Loan Fund Lynchburg lbdc.com/lynchburg-economic-development-authority-loan-fund/
Town of Bedford 5 for 5 Revolving Loan Fund Bedford www.betterinbedford.com/5for5loan
CIT Commonwealth Commercialization Fund Seed Fund All www.cit.org/ccf.html
CIT Gap Funds Seed Fund All cit.org/gap.html
Virginia Founders Fund Seed Fund All cit.org/virginia-founders-fund—vff.html

 

 

Access to Capital Committee (A2C) Charter:

Purpose: The A2C will monitor capital access issues for high-growth start-ups in Region 2, develop and implement strategies to assure access to the continuum of capital sources, and conduct further research into the sustainability of the regional capital ecosystem.

Leadership: The A2C committee shall be co-chaired by a current Board member of the Valleys Innovation Council (to be selected by VIC leadership) and a non-VIC Board member (to be selected by the A2C committee members.  The term of chair leadership shall be 2 years, ideally staggered between the co-chairs.

Membership: The A2C committee shall be composed of a diverse cross-section of the community to include Entrepreneur/Founders, Capital providers (angel investors, seed investors, venture capitalists), early-stage financing experts, and entrepreneur support organization personnel.  There are no specified term limits for membership. See the full list below.

VIC Support: The Valleys Innovation Council will provide staff support for the A2C committee.  This will include items such as meeting communications and logistics (invitations, minutes, etc).  Staff will also assist with the identification of potential funding sources to strengthen the capital ecosystem.  Staff will support the development and submission of grant proposals supporting the work of the A2C committee.

Meetings: The A2C committee shall meet as needed as determined by the Committee leadership.  The expectation is that the committee will meet no less frequently than quarterly.

Reporting: The A2C committee shall provide regular updates and reports to the CEO of VIC and to the VIC Board as requested.

 

 

 


 

 

 

Access to Capital Committee Meeting Minutes

Access to Capital Minutes 6.11.2020

Access to Capital Minutes 1.28.2020

A2C 1.28.2020

Access to Capital Minutes 11.21.2019

A2C11.2102019

Access to Capital Minutes 8.8.2019

A2C 8.8.2019