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VCFNE prefers New England-based companies in the
early stage investment category, though it is also
willing to consider on an occasional basis a seed
or expansion stage investment and companies located
outside the northeastern US.
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Venture capital investment is essentially an ad
hoc and opportunity driven activity. Consequently,
the Fund is positioned to take advantage of special
situations that present themselves in general conformance
with our philosophy and practices.
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Our initial investment commitments average $1,000,000
and range from under $500,000 to $1.5 million, with
final individual investment positions often exceeding
$3 million.
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Most of the Venture Capital Fund of New Englands
investments are made jointly with other investors.
VCFNE has been the lead or co-lead investor in approximately
three-quarters of its investments to date. |