Expanding Venture Capital in Southern Colorado: State Announces New VCA Partnership with Colorado ONE Fund

Today, the Colorado Venture Capital Authority (VCA) and the Colorado Office of Economic Development and International Trade (OEDIT) announced that the VCA has partnered with Colorado ONE Fund, based in Colorado Springs. This is the fourth new partnership announced by the VCA to expand access to capital across the state and in communities that have historically encountered barriers to funding.

Addressing Climate Change and Expanding Opportunity: State Announces New Partnership with Avesta Fund to Support Purpose-Driven Entrepreneurs

Today, the Colorado Venture Capital Authority (VCA) and the Colorado Office of Economic Development and International Trade (OEDIT) announced that the VCA has partnered with Avesta Fund to expand access to venture capital for Colorado entrepreneurs and startup businesses. The VCA has committed $3.6 million to Avesta, a venture capital firm that invests in companies working to address climate change and inequality. With the VCA’s investment and matching support from other leading Colorado investors, Avesta Colorado Fund completed its first close totaling $7.2 million.

Promoting Statewide Access to Venture Funding: State Renews Partnership with Greater Colorado Venture Fund to Support Rural Businesses

Today, the Colorado Venture Capital Authority (VCA) and the Colorado Office of Economic Development and International Trade (OEDIT) announced that the VCA has renewed its partnership with Greater Colorado Venture Fund (GCVF) to expand access to venture capital for Colorado entrepreneurs and startup businesses. The VCA has committed $11,175,000 to GCVF, which has a proven track record of funding Colorado companies and creating jobs in the state’s rural communities.

Promoting Equitable Access to Venture Funding: State Announces Historic Partnership with Black-owned, Woman-owned Venture Fund

Today, the Colorado Venture Capital Authority (VCA), and the Colorado Office of Economic Development and International Trade (OEDIT) announced that the VCA has partnered with New Community Transformation Fund-Denver (NCTF-Denver) to expand more equitable access to venture capital for Colorado entrepreneurs and startup businesses. The VCA has committed $5 million to NCTF-Denver in the first closing round for the fund, which is the first Colorado-based venture capital firm that is Black-owned and Black woman-led.

Polis Administration Secures $100M+ Funding to Create and Retain 11,000 Jobs through the State Small Business Credit Initiative Grant

Today, Governor Polis, the Colorado Office of Economic Development and International Trade (OEDIT), Senators Bennet and Hickenlooper, and State Treasurer Dave Young announced that the U.S. Treasury Department has awarded the State of Colorado a State Small Business Credit Initiative (SSBCI) grant. This funding could result in more than $100 million over the next 5+ years to leverage ten times that amount in private financing to help Colorado’s small businesses access the capital they need to invest in their businesses and create new jobs across the state. 

Venture Capital Authority seeking input for new Colorado Diversity, Equity, and Inclusion Fund

The Colorado Venture Capital Authority (VCA) supports access to venture capital for Colorado's entrepreneurs and startup businesses. The VCA is a political subdivision of the state and a Special Purpose Authority like the Public Employees' Retirement Association. The VCA is governed by a board of directors that partners with professional fund managers to deploy its capital and the Office of Economic Development and International Trade (OEDIT) staff provides administrative support to the VCA.

Venture Capital Authority Seeks Requests for Information

The Venture Capital Authority (VCA) is requesting information from Fund Managers in Colorado to help inform policy and programs in the state of Colorado for early stage entrepreneur ecosystems and investments. The VCA would like to have a better understanding of the current venture capital funding in the state of Colorado, where Fund Managers see gaps in the market, and where they believe state funding or programmatic support would be most impactful.