New England Venture Capital Association

The New England Venture Capital Association (NEVCA) is a trade association with the mission of promoting venture capital investing and entrepreneurship in New England. As of October 2008, the association represents over 700 members from 100 firms, who collectively manage more than $50 billion in assets. Members pay an annual $1000 membership fee that funds NEVCA events and services. NEVCA offers a wide range of services to its members including directory listing, networking services, and access to NEVCA events throughout the year. NEVCA is a member of the National Venture Capital Association (NVCA).

History

NEVCA was founded in 1902 as a loose association of the regional investment bodies at the time. At that time, the organization had no full-time staff and served primarily as a communications channel between investors. Since its foundation, NEVCA has grown into a much larger regional body that represents hundreds of partner firms who manage thousands of companies, with tens of billions of dollars in capital under management.

NEVCA Today

Today NEVCA employs a "working" board of VC partners and a full-time Executive Director. NEVCA also hosts Critical Mass, a co-working space that hosts entrepreneurs and startup companies in Cambridge. NEVCA members and staff spend time at Critical Mass providing mentoring and networking opportunities. In addition to its role as a hub for venture investors and entrepreneurs, NEVCA also serves to promote investment in venture funds in New England through public outreach and marketing campaigns.

External links

• New England Venture Capital Association website
• National Venture Capital Association website

Private equity and venture capital Basic investment types Buyout Venture Mezzanine Growth Secondaries Equity co-investment History History of private equity and venture capital Early history of private equity Private equity in the 1980s Private equity in the 1990s Private equity in the 2000s Terms and concepts Buyout Financial sponsor Management buyout Divisional buyout Buy–sell agreement Leveraged recapitalization Dividend recapitalization Venture Angel investor Business incubator Post-money valuation Pre-money valuation Seed money Startup company Venture capital financing Venture debt Venture round Structure Private equity firms and funds Limited partnership Limited liability company Carried interest Management fee Publicly traded private equity Business Development Company Venture capital trust Private investment in public equity (PIPE) Pledge fund Investors Corporations Institutional investors Pension funds Insurance companies Fund of funds Endowments Foundations Investment banks Merchant banks Commercial banks High-net-worth individuals Family offices Sovereign wealth funds Crowdfunding Related financial terms AUM Cap table Capital call Capital commitment Capital structure Distribution waterfall EBITDA Envy ratio High-yield debt IPO IRR Leverage M&A PME Taxation of private equity and hedge funds Undercapitalization Vintage year Private equity and venture capital investors Private equity firms Venture capital firms Angel investors Portfolio companies