West Virginia Jobs Investment Trust invests in small companies to stimulate economic growth and create jobs.
Industry
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founded date
01.01.1992
IPO status
Private
Description
The public venture capital fund, founded in 1992, focuses on early-stage, later-stage, and mature small companies in information technology, SaaS, and clean-tech sectors. JIT invests in businesses that wish to expand and create jobs while maintaining economic balance and diversification. The fund aims to yield a financial return proportionate to the level of risk it assumes and does not offer grants or low-interest loans. By making investment funds available to eligible businesses, JIT promotes and expands West Virginia's economy.