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The Delaware Innovation Fund
(DIF) is a $10 million private 501(c)3 non-profit economic
development and venture capital entity established in
1995. The DIF provides counsel, education and selective early-stage investment capital
to encourage the growth of seed, start-up
and early-stage high technology companies in
Delaware and the surrounding Mid-Atlantic
region.
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“The Delaware Innovation Fund has been very instrumental in
Foxfire’s growth. From the start, the DIF sourced additional
capital from other investment funds and sought out potential
board members for the company. As Foxfire has grown, the DIF
has continued to use its network of government and business
contacts to support Foxfire’s PR campaign and acquisition
research.”
John Ferretti
Founder & CEO, Foxfire Printing & Packaging, Inc. |
T he
DIF provides early-stage investment funding in
either the form of equity capital, long-term debt with
royalty-based payback, or convertible debentures. The DIF also
provides technical assistance through business counseling,
entrepreneurial seminars, and its wide network of professional
resources.
The Fund has emerged as the leader in
venture and entrepreneurial development in Delaware.
Involvement
within the Community is important to the Delaware Innovation Fund.
Whether participating in educational events or seminars, serving
on numerous boards, committees or councils, the DIF is committed
to making a valuable contribution to entrepreneurial efforts and
economic growth within our community.
The Delaware Innovation Fund is managed by
Innovation Capital Advisors, LLC which also manages
Innovation Ventures, LP.
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