What does MBDF mean in FUNDS
The Middlebury Business Development Fund (MBDF) is an investment fund that provides capital to early-stage businesses. The fund was established in 2013 by Middlebury College in Vermont, USA and is an effort to stimulate economic development in the region. MBDF offers growth capital investments for businesses located in the Middlebury and Addison County areas, as well as supporting regional start-ups and technology transfer from academic institutions.
MBDF meaning in Funds in Business
MBDF mostly used in an acronym Funds in Category Business that means Middlebury Business Development Fund
Shorthand: MBDF,
Full Form: Middlebury Business Development Fund
For more information of "Middlebury Business Development Fund", see the section below.
Essential Questions and Answers on Middlebury Business Development Fund in "BUSINESS»FUNDS"
What type of investments does MBDF provide?
MBDF provides growth capital investments for businesses located in the Middlebury and Addison County areas. The fund also supports regional start-ups and encourages technology transfer from nearby academic institutions.
How much money is available through MBDF?
The size of individual investments can range anywhere between ,000-0,000 depending on the business' stage of development and potential impact within the local economy.
Who is eligible to receive funding from MBDF?
To be considered for funding, applicants must either have a home location or conduct significant operations within Addison or Chittenden Counties. Additionally, prospective companies must possess a competitive edge that can be enhanced by additional investment capital.
Does MBDF support non-profits?
No; MBDF only supports for-profit businesses with high growth potential in Addison and Chittenden Counties.
How can I apply for funding from MBDF?
Prospective applicants must fill out an application form provided on the fund's website and submit it along with all required documents. Applicants will then meet with representatives from the fund during a pitch meeting before final decisions are made regarding their application status.
Final Words:
With its mission to promote economic growth in Addison and Chittenden Counties, MBDF provides valuable support to local businesses looking to grow their operations or launch innovative projects using capital investments ranging from $50,000-$250,000 per project. Through this initiative, promising ventures have been able to grow into successful enterprises while supporting the region's long term prosperity.
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