Investor Type | Firm |
Industries | IT (& TMT) • Retail (& E-Commerce) • Sales (& Marketing) • Advertising |
Stages | Seed |
Investing | United States |
Investment Range | $1,900,000 - $1,900,000 |
Venture for America (VFA) is a non-profit organization founded in 2011 with an accelerator/incubator model aimed at revitalizing American cities and communities through entrepreneurship. VFA is dedicated to fostering economic growth and development by equipping recent college graduates with the skills needed to work at startups and contribute to job creation in various American cities. They offer a two-year fellowship program for aspiring entrepreneurs, wherein fellows embark on a journey starting with a five-week Training Camp that prepares them for startup environments. Post-training, these fellows are employed as full-time, salaried workers within an extensive, vetted company network across 18 cities. VFA's belief is that by investing in bright, capable individuals and providing them with the knowledge, network, and experience, these individuals can build successful enterprises and positively impact local economies. They extend their support through additional resources such as a crowdfunding competition, accelerator programs, and a seed fund, ensuring that the startup ecosystem is inclusive and accessible to their fellows. The fund's specialty lies in seed stage investments and stays consistent in investing the same minimum and maximum amount of $1,900,000. VFA operates in sectors including IT & TMT, Retail & E-Commerce, Sales & Marketing, and Advertising. They position themselves not only as investors but as builders of the next generation of entrepreneurs, with the mission to enable value-creation, promote a culture of achievement that includes risks and rewards, and serve the common good. Their goal is to empower these future leaders and innovators to generate new opportunities for themselves and others, catalyzing a movement of inclusive community-focused entrepreneurship.