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December 19, 2018 | Tom Ballard

Virginia Tech Foundation, Carilion Clinic create $7 million VTC Seed Fund

Nearly two years after the creation of the VTC Innovation Fund, the Virginia Tech Foundation and Carilion Clinic have again partnered to create the VTC Seed Fund, a $7 million venture capital fund, to facilitate additional pathways for innovative products and technologies to be commercialized. Unlike the VTC Innovation Fund, which provides larger investments for established growth stage companies, the VTC Seed Fund is intended to provide smaller investments ranging from $100,000 to $150,000 to earlier stage, higher risk companies. Learn more about the new fund here.