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Public venture capital fund for West Virginia businesses seeking equity and debt capital to create jobs and grow.
The Trust provides $100,000-$800,000 to West Virginia companies with matching private capital, serving as the state's venture development organization to create jobs and economic opportunity.
West Virginia-based companies across technology, manufacturing, energy, tourism, and services with matching private capital. Both existing and relocating companies creating WV jobs qualify.
$100,000 to $800,000 as equity, convertible debt, or other instruments alongside matching private capital, plus strategic guidance and patient capital approach for smaller markets.
Contact the Trust directly to discuss your opportunity. Prepare a business plan, financials, and matching capital information for due diligence and investment committee review.
Technology, manufacturing, healthcare, energy, and services companies across Morgantown, Charleston, and smaller WV communities, creating hundreds of jobs and attracting outside co-investment.
The West Virginia Jobs Investment Trust is a public venture capital fund administered by the West Virginia Economic Development Authority to stimulate statewide economic growth. Operating alongside the West Virginia Department of Economic Development and the United States Treasury, the fund deploys capital through preferred equity, convertible notes, and subordinated debt structures. Direct investments typically range from $100,000 to $800,000 per company and generally require matching capital from private sector angel investors or venture capital participants. The trust manages allocations from the West Virginia Capital Access Program, which previously approved over forty million dollars in financing, and helps administer the state's $72,000,000 allocation from the State Small Business Credit Initiative. This resource is intended for early stage and mature West Virginia businesses seeking alternative equity or debt capital to scale their operations and generate local employment.
The West Virginia Jobs Investment Trust provides $100,000 to $800,000 to West Virginia companies, typically requiring matching capital from private investors. As the state's venture development organization, the Trust invests in companies that create quality jobs and economic opportunity in West Virginia. The program serves a critical role in a state where traditional venture capital is scarce, providing patient capital to help businesses grow and retain operations within West Virginia.
West Virginia-based companies are eligible, with matching capital from private sources typically required. Companies across various sectors can apply, including technology, manufacturing, energy, tourism, and services. The Trust evaluates businesses on their job creation potential, management quality, market opportunity, and commitment to operating in West Virginia. Both existing companies with expansion plans and relocating companies establishing West Virginia operations may qualify.
Investments range from $100,000 to $800,000, structured as equity, convertible debt, or other investment instruments. The matching requirement ensures that state investment is leveraged alongside private capital. Beyond investment, portfolio companies receive strategic guidance, connections to West Virginia's business community, and ongoing support from the Trust's experienced investment team. The Trust takes a patient capital approach, understanding that building businesses in smaller markets requires longer time horizons.
Contact the West Virginia Jobs Investment Trust directly to discuss your company and investment needs. The Trust's team evaluates opportunities based on business viability, job creation potential, management capability, and the availability of matching private capital. Prepare a business plan, financial projections, and information about your team and market. The investment process involves due diligence and review by the Trust's investment committee.
The Trust has invested in West Virginia companies across technology, manufacturing, healthcare, energy, and professional services. Portfolio companies have created hundreds of jobs across the state, including in Morgantown, Charleston, and smaller communities. The program has been particularly impactful in demonstrating that quality investment opportunities exist in West Virginia and in attracting co-investment from outside the state.