Whats the track record for VCET clients thus far?
Each June we survey all clients served in the program. As of June 2009, 20 firms had been formally helped via the incubator programs. One sold, one demised and 18 are ongoing. They reported 109 jobs and $9.2 million in committed capital during the prior two years. These figures do not include the 8-10 additional firms we substantively assist each month as part of our pipeline development and in fulfilling our statewide non-profit mission.
