The LLC’s created for both the Growth and Impact tracks of the Bend Venture Conference (BVC) are private investment vehicles, established annually to invest in the most promising startups from the event each year. Investors in these funds must be accredited as defined by the Securities and Exchange Commission under Regulation D. Investors are both private individuals and institutional entities.
Over the past few years, the funds have typically come in at between $150,000 and $350,000 in size. These funds are just the “tip of the spear” in the investment effort that is undertaken by the BVC each year. Other Angel and Venture Funds typically invest in parallel to the LLC’s and help to deploy amounts that have been in excess of $4,000,000 in past years. Without the company recruitment and due diligence efforts made by the BVC LLC’s, this would not happen.