Overview

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Est.

2003

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Vermont Center for Emerging Technologies Inc (EIN: 30-0275435) is a nonprofit organization dedicated to accelerating innovation and entrepreneurship in Vermont. With an operating budget of $510.5K and total revenue of $1.6M, VCET provides expert mentoring, technical assistance, coworking and incubation facilities, as well as early-stage seed capital venture funds to support local entrepreneurs. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diversified funding base to further its mission. More information can be found on their website at www.vcet.co.

Mission Statement

VCET'S PURPOSE IS TO ACCELERATE INNOVATION AND ENTREPRENEURSHIP ACROSS VERMONT. THIS IS ACCOMPLISHED BY PROVIDING EXPERT MENTORING AND TECHNICAL ASSISTANCE, THE OPERATION OF COWORKING/INCUBATION FACILITIES AND THE OPERATION OF EARLY STAGE SEED CAPITAL VENTURE FUNDS.
Revenues
$1.6M
Expenses
$510.5K
Net Income:
+$1.1M
Assets
$15M
Liabilities
$8.5M
Net Assets:
+$6.5M
Operating Budget
$510.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$8K
Largest grant received
$10K
D
David Bradbury
Board Member
D
David Aronoff
Board Member
F
Frank Cioffi
Board Member

Frequently Asked Questions

What is VERMONT CENTER FOR EMERGING TECHNOLOGIES INC’s budget?
In 2025, VERMONT CENTER FOR EMERGING TECHNOLOGIES INC reported an annual operating budget of around $511 thousand. More detailed financial information is available to registered users.
What causes does VERMONT CENTER FOR EMERGING TECHNOLOGIES INC support?
VERMONT CENTER FOR EMERGING TECHNOLOGIES INC supports work in Entrepreneurship.
Where does VERMONT CENTER FOR EMERGING TECHNOLOGIES INC operate?
VERMONT CENTER FOR EMERGING TECHNOLOGIES INC is headquartered in Burlington, VT.
Who funded VERMONT CENTER FOR EMERGING TECHNOLOGIES INC recently?
In 2024, VERMONT CENTER FOR EMERGING TECHNOLOGIES INC received grants from DONOR ADVISED CHARITABLE GIVING INC, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC. More information on this organization’s funders is available to registered users.
What is the largest grant VERMONT CENTER FOR EMERGING TECHNOLOGIES INC received in 2024?
The largest grant to VERMONT CENTER FOR EMERGING TECHNOLOGIES INC in 2024 exceeds $10 thousand.
What is VERMONT CENTER FOR EMERGING TECHNOLOGIES INC’s reliance on government grants?
VERMONT CENTER FOR EMERGING TECHNOLOGIES INC relied on government grants for more than 90% of their total revenue in 2025.