INNOVA is one of the few sources of seed and early-stage investment capital in West Virginia. INNOVA can place equity and near-equity investments into those companies that qualify and successfully complete INNOVA's due diligence process.

INNOVA's typical equity or near-equity investment is $50,000 - $150,000. Companies in which INNOVA invests can expect to receive capital infusions in installments that are based upon the company meeting predefined milestones. INNOVA takes reasonable ownership for equity and charges reasonable interest rates for near-equity investments. For portfolio companies, INNOVA will continue to play an advisory or board role in the companies until exit.

Click here to find out more or to apply for INNOVA funding.