What stage of business development does VCF get involved in?
• VCF currently prefers early stage (seed) companies. However, we do look at all stages and mature firms for traditional consulting contracts. Currently, we do not provide any financing for later stage companies unless they have an interest in our “sweat” financing arrangement. For direct investment considerations, VCF only prefers firms which have not exceeded their exemption requirements under the closely held issuer provision of the OSC code.
