Venture Capital Authority 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.

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.

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.

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.

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. 

Colorado Just Transition Action Plan

On December 31, 2020, the Colorado Just Transition Action Plan was submitted to Governor Jared Polis and the Colorado Legislature.

2023 VCA Agendas

Dates:	Meeting Type:	Agendas
January 10	Full Board	Agenda
February 1

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.

DENVER ­ — The Colorado Office of Economic Development and International Trade (OEDIT)  in partnership with the Colorado Venture Capital Authority (VCA) is currently accepting responses to a Request for Proposals (RFP) for fund manager/ general partners in a new fund(s).

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.