Grey Collar Ventures

Grey Collar Ventures is the investment arm of Hendricks Commercial Properties, focusing on supporting Beloit-area startups, and is based in Beloit, WI, United States. Operating as a subsidiary of Grey Collar Inc., owned by Diane Hendricks, the firm integrates into a broader local entrepreneurial ecosystem that includes coworking spaces like Irontek and startup incubation facilities at the Ironworks Campus. Grey Collar Ventures primarily secures capital for early-stage companies within the region, aiming to stimulate economic development, as demonstrated by its lead role in a $1.5 million investment round for battery technology firm Blue Line Battery. This investment prompted Blue Line Battery's relocation to the Ironworks Campus, with Rob Gerbitz, President and CEO of Hendricks Commercial Properties, slated to join its board. The fund's primary objective is to foster growth and innovation within the Beloit region's startup landscape; founding year and specific founders are not publicly disclosed.