VVP Fund of Funds
Managed by VIPC Virginia Venture Partners (VVP) and underwritten by the U.S. Treasury Department’s SSBCI Program, VVP Fund of Funds invests in venture capital fund managers committed to the Commonwealth of Virginia and aligned with VVP’s seed stage investment thesis.
New Process
If you are a Fund Manager and are interested in applying for our Fund of Funds program, you will be asked to complete an application of interest and address questions such as:
- Does the Fund currently invest in Virginia?
- Does the Fund have a current pipeline of potential portfolio companies in Virginia?
If the Fund is determined to potentially be competitive in the process, the Fund will be invited to have an interview with VIPC.
Information Links
For sake of reference, you may want to review the documents used in our first RFP which was released mid-2023 is below. The original had several steps.
Step 1 instructions may be found Here.
Information on Step 2 may be found Here.
Sample templates for Step 2 Applications are Available Here.
Supplemental Materials, including definitions, links to SSBCI guidelines, etc., may be found Here.
Past Questions
Mid 2023, VIPC held a debrief for all Applicants to discuss what the VIPC saw in Step 1 submitted Applications. Review the Applicant Information Session Recording Here
On June 30, 2023, VIPC held an online Information and Q&A Session, The session was recorded for those unable to attend. Review the recording of this session and /or the PDF Materials presented during the Q&A below.
Information and Q&A Session Recording Here
PDF of Materials Presented in Q & A Session Here
The question period for Step 1 is now complete.
Please see the additional FAQ’s below for additional helpful information.
Frequently Asked Questions
Questions asked during the Information Session
and the form above are shown below.
Check back here to see our new process which should be rolled out no later than the end of Q2 2024.