MERITUS VENTURES

Meritus Ventures, L.P. (Meritus) is a $36.4 million venture capital fund formed to make equity investments in private, expansion-stage companies in predominantly rural areas in central and southern Appalachia. In addition, Meritus can provide operational assistance to portfolio companies and prospective portfolio companies. The Fund makes investments in small companies in Tennessee, Kentucky, Arkansas, and the Appalachian counties of Ohio, West Virginia, Virginia, North Carolina, South Carolina, Georgia, Alabama, and Mississippi... Meritus is a Rural Business Investment Company (RBIC), formed in response to the creation of the Rural Business Investment Program (RBIP) by the U.S. Department of Agriculture (USDA) in 2002. The RBIP was established to promote the establishment of professionally-managed venture capital funds in regions of the country that are not traditionally targeted by venture capital funds. Specifically, the mission of the RBIP is to promote economic development and..

Also known as: Meritus, Meritus Ventures, L.P.

Primary location: London United States