Stages:

• Seed

 

Industries:

Information Technology

 

Description:

The GRA Venture Fund, LLC is a private investment fund created to help finance promising companies. The GRA VentureFund invests exclusively in companies that participate in GRA's VentureLab commercialization program. The fund's investors are the State of Georgia, private individuals, corporations and foundations. The state's commitment includes $7.5 million in capital investment and two types of income tax credits for investors: the first $30 million of private investment in the Fund will qualify for a 25% Georgia income tax credit; and the first $75 million of private investment invited to co-invest with the Fund in its portfolio companies will qualify for a 10% Georgia income tax credit. VentureLab companies seek to commercialize technologies developed at one of the state's six research universities: Georgia Institute of Technology, Emory University, The University of Georgia, Medical College of Georgia, Georgia State University, and Clark Atlanta University. The minimum investment amount for any single accredited private investor is $250,000. The maximum investment is $2.5 million. Today, a dozen companies are in the GRA Venture Fund portfolio. And the Fund's early-stage investment in these companies has helped catalyze $460 million in outside venture capital -- a leverage of more than 20:1.

 

Funds:

Fund Name	Amount	Date
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