Companies participating in the GRA's venture development program may be eligible to receive investment capital through the GRA Venture Fund, LLC.
In addition, companies selected for GRA Venture Fund investment are required by Georgia law to:
The GRA Venture Fund’s unique vantage point — watching companies launch and develop out of the laboratories of Georgia’s universities – is a great distinction compared to other venture funds. After assessing an array of highly promising enterprises, the Managing Director of the Fund works closely with the Fund’s Board and with GRA to select a small group of promising ventures for potential investment.
In performing due diligence, the GRA Venture Fund’s leadership not only investigates and evaluates prospective companies; it also provides business counsel and expertise to company leaders and connects them with investors and advisors.
In addition, the Fund’s Managing Director recommends a board member and/or observer to the board of each portfolio company. These representatives:
After its initial investment, the GRA Venture Fund may participate in subsequent financings for a portfolio company. The Fund’s investments are expected to be long-term, with returns generated by acquisition or the sale/distribution of stock following an initial public offering.
The GRA venture development team: