Quote
“... innovation is the growth driver, and, therefore, a business imperative.”
- Harold G. McGraw III, Chairman, President and CEO, The McGraw-Hill Companies
Access to Capital
Entrepreneurs, start-up firms, and small businesses need investment dollars to grow and be successful. Investment capital may be used to assess the market, evaluate the competition, develop a prototype, prepare a marketing and sales plan, and scale up for manufacturing. Funds may also be used for actual distribution, sales, and marketing. Currently, INNOVA is the only organization providing seed and early-stage capital to entrepreneurs and start-ups in West Virginia. Other firms provide venture capital for more mature firms in West Virginia, including:
- Adena Ventures
- Golden Eagle Ventures
- Anthem Capital
- Mountaineer Capital
- West Virginia Jobs Investment Trust
- Novitas Capital
- Toucan Capital Corporation