Budding startups and entrepreneurs in Ohio: this one’s for you. If you’re a business owner or founder with a brilliant idea that has sustainability, now’s the time to consider your business’ funding for the future. There are many ways to go about funding options–crowdfunding, angel investors, venture capital firms, and more. In this article, we’ll explore Venture Growth Valley as a micro venture capital firm, and how such firms are star choices for business funding.
Founded in 2017 by five Mahoning Valley organizations, Valley Growth Ventures targets high growth, new startups across Ohio–primarily Mahoning Valley. Our double bottom-line mission is simple: generate positive ROI for investors while driving local wealth and job creation. We seek to assist local companies with expansion, creating and building value, and to bring businesses outside of our region to the Mahoning Valley area.
Our team consists of experts in the technology space, including IT, B2B software, energy, healthcare, additive manufacturing, and advanced materials, working with tech companies across Ohio. Outside of tech, we also invest and partner with high growth startups in other areas. We aim to help businesses grow faster while staying in the local Mahoning Valley area. To get a better glimpse of the companies we partner with, reference our portfolio.
Why a micro venture capital firm over other funding sources? Micro firms can often be underestimated. Going “small” brings a much more intimate partnership and gives startup entrepreneurs the ability to focus on their craft while the micro-VC focuses on outbound growth. Micro VC fund managers tend to lead by experience having backgrounds in business, and are more willing to “get their hands dirty”, getting into the trenches of growing the business. Simply put, nobody wins unless the startup wins, and partnering with a micro-VC generates equal interest in the performance and success of the company.
Micro VCs fill a necessary gap some startups see when seeking funding from traditional VC firms. According to Small Biz Trends, startups now require less capital to achieve product market fit – as compared to what traditional VCs can offer in order to see mutual success between company and funding firm. Micro VCs can offer smaller investment rounds to startups for mutual benefit – something that larger firms and other sourcing options can’t easily do.
Interested in learning more about how our firm can help your company grow? If you’re a tech startup or small organization in Ohio, and particularly northeast Ohio, reach out to us today at firstname.lastname@example.org to learn more about creating scalable growth with Valley Growth Ventures.