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Millworks Fund is a venture capital firm dedicated to enhancing New Hampshire’s startup ecosystem. Founded with contributions from 40 investors across various sectors, the fund has a total size of $2 million. It commits $600,000 annually for three years to support local startups.
This fund invests in pre-seed and seed-stage startups located in New Hampshire. Millworks Fund aims to provide financial support and resources to emerging businesses, enhancing the local startup landscape.
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Millworks Fund supports initiatives like the New Hampshire High Technology Council’s TechOut competition and Alpha Loft’s Accelerate NH program, which provide resources and opportunities for local startups.
Millworks Fund typically participates in funding rounds but may lead depending on the specific opportunity and alignment with their investment strategy.
The fund is open to follow-on investments, particularly for startups that demonstrate growth and alignment with their mission to strengthen the local ecosystem.
Millworks Fund has a total fund size of $2 million, which is allocated to support New Hampshire startups over a three-year period.
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