New England Venture Capital Association
Encyclopedia
The New England Venture Capital Association (NEVCA) is a trade association
with the mission of promoting venture capital
investing and entrepreneurship
in New England
. As of October 2008, the association represents over 700 members from 100 firms, who collectively manage more than $50 billion in assets.
The NEVCA is a member of the National Venture Capital Association
(NVCA).
Trade association
A trade association, also known as an industry trade group, business association or sector association, is an organization founded and funded by businesses that operate in a specific industry...
with the mission of promoting venture capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
investing and entrepreneurship
Entrepreneurship
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...
in New England
New England
New England is a region in the northeastern corner of the United States consisting of the six states of Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut...
. As of October 2008, the association represents over 700 members from 100 firms, who collectively manage more than $50 billion in assets.
The NEVCA is a member of the National Venture Capital Association
National Venture Capital Association
The National Venture Capital Association is the leading trade association representing the venture capital industry in the U.S. The NVCA represents the venture industry in public policy debates in Washington, DC, and promotes high professional standards, professional development, and interaction...
(NVCA).