With startups on the rise, VCET expands support for entrepreneurs: New board members, statewide platforms bring expertise to more entrepreneurs.

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Burlington, VT (November 19, 2020) – To deepen support for the 250-plus startups and entrepreneurs served in 2020, the Vermont Center for Emerging Technologies (VCET) expanded its board of directors to include three entrepreneurial leaders with expertise in driving innovation and deep ties to economic development in Vermont. The announcement comes on the heels of the launch of the Vermont Startup Collective earlier this month.
Lisa Groeneveld, cofounder of OnLogic; Rob Foregger, cofounder of NextCapital; and Naila Jahan, Middlebury alumnae and Director of Strategic Initiatives at MassChallenge join the VCET board bringing a range of experiences as founders and entrepreneurs.
“Laser focus on the entrepreneur is core to our mission,” said Sam Roach-Gerber, vice president of VCET. “Lisa, Rob and Naila broaden that perspective and voice at the board level.”
Evolving Support for Entrepreneurs
According to the organization’s 2020 impact report, VCET directly assisted 259 startups and entrepreneurs in the fiscal year 2020, bringing the total number served in Vermont to 2,392. VCET’s 59 lifetime “portfolio” companies have cumulatively generated $221 million in sales, $191 million in payroll, and attracted $250 million in capital.
Key to their continued ability to meet the needs of entrepreneurs, says Roach-Gerber, is continual assessment of their programing and services.
“These are dynamic times,” she …

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