Less than $250,000
Vermont Sustainable Jobs FundVermont Sustainable Jobs Fund Contact: Janice St. Onge
Vermont Sustainable Jobs Fund (VSJF) was formed to provide support for the start-up and expansion of small businesses and micro businesses in Vermont, as well as nurturing businesses in growing sectors (environmental technologies, renewable energy, specialty foods, wood products, sustainable agriculture, etc.). We provide grants and funding to businesses in the state of Vermont involved in the clean technology and green sectors.
We are opening a VSJF Flexible Capital Fund which will invest in Vermont early and growth stage businesses that need more risk-tolerant capital or creative financing. The fund will focus on the following sectors: Sustainable agriculture, Value-added food production, infrastructure and systems, Sustainable forestry and forest products, including green building, Renewable energy and energy efficiency, Next generation biofuels such as algae, grass pellets, biodiesel, Environmental technologies and services, and Waste reduction and pollution abatement services and products.
The Fund’s investments will range between $100,000 and $300,000, typically with co-investors, with the flexibility to provide follow on funding as needed. The fund will provide Near equity capital which includes a range of financing instruments such as subordinated debt, royalty financing, warrants or some combination thereof.