• What is Foundation Venture Capital Group, LLC?
• Foundation Venture Capital Group, LLC, uses impact investing to provide pre-seed and seed funding to health-related start-up companies at organizations affiliated with its parent company, New Jersey Health Foundation, to help them advance toward and through commercialization.
• What organizations does this group support?
• We support faculty and staff at Kessler Foundation, Princeton University, New Jersey Institute of Technology, Rowan University, Rutgers University and Stevens Institute of Technology who have formed, or intend to form, companies to move their projects to commercialization.
• Can’t researchers find this funding in other places?
• This extra early funding means that emerging medical breakthroughs in research and technology businesses can be sustained by sufficient venture capital to optimize their chances of success.
• How can other venture capital firms become involved?
• Once these companies are established with this funding, Foundation Venture Capital Group, LLC, will seek to work with other traditional venture capital companies to partner in the effort to advance these technologies and companies.
• What effect can these new ventures have?
• This forward-thinking concept can prove transformational for the faculty, staff and students who start their own companies, for their research organizations, for Foundation Venture Capital group and most importantly, for patients who will ultimately take advantage of the newest products or services to be developed.