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New Ventures
New Ventures is a membership-based investment organization of local entrepreneurs from the Core Region of North Carolina, incorporating the Triad and Greater...
Overview
New Ventures is a membership-based investment organization of local entrepreneurs from the Core Region of North Carolina, incorporating the Triad and Greater Charlotte to Upstate South Carolina. It runs accelerator programs and challenges; funds raised support the New Ventures Challenge, the New Ventures Accelerator, and investments in selected startups. All investment decisions are made by majority vote and rely heavily on milestone achievement. The Flywheel Foundation administers the Challenge and accelerator programs on behalf of New Ventures 2021 LLCs.
General information
Firm type
Venture Capital
Year founded
2004
Location
Region
North America
Country
United States
City
Arlington
Corporate office
Winston-Salem, NC, United States
Sector focus
Frequently asked questions
Who makes investment decisions at New Ventures?
All investment decisions are made by majority vote of the members within each New Ventures 2021 LLC, a group of local entrepreneurs from the North Carolina Triad, Greater Charlotte, and Upstate South Carolina (per the firm). These active investors select competition winners and fund subsequent milestone-based capital calls. There is no disclosed central investment committee or single managing partner.
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