Vermont Center For Emerging Technologies Inc

Programs: Vcet has worked with over 1,300 start-ups and entrepreneurs, now operates 3 coworking facilities serving over 150 members, curates an expert mentor network and makes direct investments from a 5m revolving seed capital fund. Vcet works directly with entrepreneurs to form, incubate and accelerate ideas and innovations into commercial enterprises. In 2013, vcet was named 11 globally and 5 in the us by the ubi index. Visit at www. Vermonttechnologies. Com and follow @vcet on twitter. Services include: -business counseling and advocacy -fostering strategic relationships across vermont and the region -making research and teaching faculty as well as student interns available -providing coaching and mentoring from both on-site and affiliated experts -establishing connections to angel investors and venture capital resources -assisting with grants and loans from local, state, and federal sources -providing federal sbir application aid -offering a network of managerial resources and financing contacts -provide access to instrumentation and prototyping facilities -introductions to prospective customers -operation of three coworking and incubation facilities serving over 150 members and the innovation ecosystem. -accountability and encouragement -entrepreneurial start-up assistance -operation of two incubator facilities with the introduction of co-working space options and improved incubation benefits -seed fund management that supports entreprenuers in capital formation and job expansion. -operate a seed venture fund which had now invested into 19 companies. -conducted a vcet @campus initiative to build entrepreneur programs and capacity among and between vermont colleges and universities. -performed special events such as hackvt, launch vt startup competition, innovateher vt pitch event, and tech @ networking series. -fy15 vcet portfolio survey had a subset of 25 companies reporting which generated 21 million in revenue, 21 million in payroll, 268 jobs, and 37 million in capital raised. -in 2013, vcet was named 11 in the world and 5 in the us by the ubi index.