Process

The UVA LVG Seed Fund supports new ventures emerging from the University portfolio. 

Our evaluation of investment opportunities follows an industry-proven diligence process that begins with our online application. The timeline varies on a case-by-case basis and can take up to 9 months to reach an investment decision.

Companies eligible to receive funding from the UVA LVG Seed Fund include:

  • Companies founded to commercialize UVA intellectual property
  • Companies founded by current UVA faculty, staff, students, and iLab companies
  • In certain cases, alumni-founded companies may be considered
Application
Investment
  • 1
    Application

    Submit an application on our website that includes your company pitch deck.

  • 2
    Initial Meeting

    Our team will schedule an initial meeting within 1-2 weeks after receiving an application. All relevant parties should attend to discuss the company, funding needs, and present the pitch deck.

  • 3
    Diligence

    The LVG Seed Fund practices an industry-proven diligence process to assess the commercialization viability of each opportunity which typically spans 3-9 months.

  • 4
    Investment Decision

    Viable opportunities are presented to our investment committee for a decision to commit or defer on investment.

  • 5
    Management

    An investment is the beginning of a supportive relationship between the LVG Seed Fund and its portfolio companies. We monitor progress through a board seat and work with the company to seek external co-investment from industry partners. We can identify talent and make connections to mentors through the larger UVA LVG network to further steward the company toward success in the market.