Raising Money in Virginia

Is your business raising capital? Do you know what investors are seeking?

This week hosts Tim Ryan and Zack Miller sit down with Tom Weithman, Managing Director at Virginia Venture Partners, to discuss the funding available for VA's high growth startups, what Virginia Venture Partners can offer your business, and the sustained success of the nation's premier seed venture programs.

Tim Ryan is the Executive Director of StartWheel, an organization dedicated to connecting entrepreneurs with resources in Hampton Roads, Virginia. 

Learn more at: https://www.startwheel.org 

Zack Miller is a serial entrepreneur and recent author of his new book Anomaly, a guide on how to differentiate yourself and your business from the crowd.

Learn more at: https://www.zackmillersays.com

Enjoy what you hear? Listen to the Fervent Four Show LIVE every Thursday at 11AM.

Live: https://www.startwheel.org/live/

Past Episodes: https://www.startwheel.org/fervent-four-show/

Show notes:

(0:00) Introducing Tom Weithman + What is VIPC?

Learn more about VIPC: https://www.virginiaipc.org/vvp

(16:03) Tom discusses the VA startup ecosystem & his experience funding companies

(28:12) The macro startup environment, what you need to know when fundraising + Investor updates

(39:30) Web 3.0 in VA, hot local startup sectors, & How to seek out optimism

(48:51) Pushing the bounds of imagination, the metaverse & VIPC's biggest investment misses

About Tom Weithman and VIPC:

"VVP Funds -formerly CIT GAP Funds- is a family of seed- and early-stage -investment funds placing equity investments in Virginia-based technology, life science, and cleantech companies, with a high potential for achieving rapid growth and generating significant economic return for entrepreneurs, co-investors and the Commonwealth of Virginia."

"Weithman is a proven operator, investor, director, executive and advisor with experience spanning federal, commercial and non-profit sectors. As architect and leader of Virginia Venture Funds, Weithman has established himself as one of the nation's foremost experts on quasi-public fund formation, early stage investment, accelerator development and the contribution of "catalytic capital" to innovation, commercialization and economic development."

Learn More: https://www.virginiaipc.org/vvp

The Fervent Four Show:

Did you know that only 4% of businesses hit $1M in revenue? Tim Ryan and Zack Miller are the creators of The Fervent Four Show, designed to help you get there. Check them out Live every Thursday at 11 AM.

Listen here:

Live: https://www.startwheel.org/live/

Past Episodes: https://www.startwheel.org/fervent-four-show/

Social Media:

Tom Weithman

https://www.virginiaipc.org/vvp

Twitter: @tomweithman (https://twitter.com/tomweithman)

LinkedIn: https://www.linkedin.com/company/virginia-innovation-partnership-corporation/

Tim Ryan

https://www.startwheel.org

Twitter (personal): @ryantnt (https://twitter.com/ryantnt)

Twitter: @StartWheel (https://twitter.com/StartWheel)

LinkedIn (personal): https://www.linkedin.com/in/ryantnt/

LinkedIn: https://www.linkedin.com/company/startwheel-org/

Facebook: https://www.facebook.com/StartWheel

Zack Miller

https://www.zackmillersays.com

Twitter: @zackmillersays (https://twitter.com/zackmillersays)

Facebook: https://www.facebook.com/zackmillersays

Thanks to our Sponsors:

The Hampton Roads Small Business Development Center – http://www.hrsbdc.org/en/

StartWheel – https://www.startwheel.org