Vested for Growth honored for assistance to businesses
Vested for Growth (VFG), the New Hampshire Community Loan Fund’s business investment program, was named Business Assistance Organization of the Year by Business NH Magazine in its May 2019 issue.
It received the award at a luncheon May 30 at the DoubleTree by Hilton Downtown Hotel in Manchester.
VFG, and the honorees in 10 other categories, were chosen for their outstanding civic contributions and exceptional performance within their industry sector. Each was nominated by a chamber of commerce executive and chosen from three semi-finalists in each category.
VFG invests in N.H.-based companies with strong management and business models that offer quality employment opportunities, including jobs for workers without a four-year degree. It fills the gap when a business’ capital needs aren’t fully met by banks and/or equity investments, often working in partnership with them to complete a financing package.
To help ensure a business’ success, VFG augments its investments with business education, advisory boards, and CEO peer learning groups.
Typical VFG prospects have $1 million to $20 million in annual sales, 10 to 200 employees, and gross-profit margins of at least 20%.
Managing Director John Hamilton and Investor Brigid Murray comprise the VFG team.
Learn more at VFG’s website.