Qualification Standards

High Country Venture will invest a minimum of 50% of the fund in “Qualified Businesses” that are located in designated, economically disadvantaged rural and urban communities, with the other 50% invested in any area in Colorado. “Qualified Businesses” are defined in Senate Bill 04-106, Section 8, Part 2, Venture Capital Program, 24-46-201.

In order to qualify for funding:

  1. The business must be headquartered and have principal business operations in Colorado;
  2. The business must be a small business concern as described in the small business size regulations of the SBA;
  3. The business must not be predominantly engaged in:
    • Professional services provided by accountants, doctors, or lawyers;
    • Banking or lending;
    • Real Estate development;
    • Insurance;
    • Oil and gas explorations;
    • Direct gambling activities.