The County of Monroe Industrial Development Corporation has partnered with the Trillium Group to invest in several venture capital funds. The funds can be used for commercialization of new inventions and discoveries, and for the growth of existing businesses, through equity and debt investments.
Helping Companies Operating In High Growth Markets
The Monroe Fund is a private venture fund managed by Trillium Capital Partners. It generally invests between $250,000 and $750,000 in startup, early-stage and turnaround businesses in and around Monroe County. Trillium seeks businesses that represent the best of the region’s innovative efforts. To initiate consideration of potential investments, submission of a written business plan or executive summary is required.
Trillium looks for companies operating in high growth markets such as: digital imaging, medical technology, software, Internet and network systems, photonics and wireless communications. As a provider of early-stage capital, the Trillium group requires a meaningful ownership position, Board of Directors representation and terms typical for the risk associated with post-seed, first round investments. The Trillium Group does not routinely seek a controlling interest.
Members of the Monroe Fund include Canandaigua National Bank and Trust Co., Chase Manhattan Corporation, Excellus Retirement Plan, Global Crossing, the Gleason Foundation, Robert Hurlbut, M&T Bank, Lawrence Peckham, Monroe County, the Rochester Construction and Building Trades Council, the University of Rochester, Rochester Gas and Electric Corp., Rochester Institute of Technology, the Monroe Fund Leadership Council, LLC and Trillium Capital Partners, LLC.
Members of the Monroe Fund Leadership Council include Joseph Bell, Richard Dorschel, Laurence Glazer, Halcyon Hill Foundation, Diane Harris, HSBC Bank, Thomas Judson, Timothy Lasch, LeChase Construction Services, LLC, Leenhouts Ventures, Monroe Community College Foundation, Nixon Peabody LLP, Optimation Technology, Inc., William Pollock, Riedman Foundation, Harold Samloff, and Underberg & Kessler LLP.
For more information about the Monroe Fund, please contact the Trillium Group at 585 383-5680 or by e-mail.