Direct Investment Venture Capital Program
Overview
A program under Minnesota's State Small Business Credit Initiative (SSBCI) that provides equity support to small businesses by co-investing in seed-stage to early-stage funding rounds alongside private investors. The program, funded by the U.S. Department of the Treasury and managed by the Minnesota Department of Employment and Economic Development (DEED), targets investments in Minnesota-based startups within key sectors such as life sciences, climate solutions, agtech, foodtech, software, technology, and advanced manufacturing. The University of Minnesota Office of Investments and Banking administers the program.
Portfolio Companies
1
Website
mn.govInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Jord BioScience | Feb 2025 | Series B | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Direct Investment Venture Capital Program based?
Direct Investment Venture Capital Program is headquartered in Minnesota.
When was Direct Investment Venture Capital Program founded?
Founding year information for Direct Investment Venture Capital Program is not publicly available.
How many portfolio companies does Direct Investment Venture Capital Program have?
Direct Investment Venture Capital Program has 1 portfolio company in Caplight's dataset.
What are some companies in Direct Investment Venture Capital Program's portfolio?
Portfolio companies visible on Caplight include Jord BioScience.
What was Direct Investment Venture Capital Program's most recent investment shown here?
Direct Investment Venture Capital Program's most recent investment in this portfolio sample was in Jord BioScience in 2025.
What sectors does Direct Investment Venture Capital Program focus on?
Direct Investment Venture Capital Program focuses on Healthcare & Life Sciences, Frontier & Industrial Tech.
What company stages does Direct Investment Venture Capital Program focus on?
Direct Investment Venture Capital Program typically invests at the Mid stage.