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Program

West Virginia Jobs Investment Trust + SBIR Match

Funds West Virginia joint innovation teams linking universities and businesses through technical proof and commercialization support.

WV Jobs Investment Trust (JIT) BoardWest VirginiaEquity

West Virginia Jobs Investment Trust is a public venture capital fund created to promote the state's economy by putting investment capital into eligible businesses. It is not a grantmaker. The fund is designed to help West Virginia companies expand, create or retain jobs, and keep returns circulating for future investments. Its instruments are convertible preferred equity and subordinated loans with warrants or options, and the public materials describe a short holding period of roughly three to five years. JIT is typically a minority investor, often active at the board level rather than in daily operations, and the broader program is built around investments that can earn a financial return. The record places typical checks from $50,000 to $1.5 million, with a median around $250,000. The best fit is a West Virginia-based company with a workforce in the state, a growing market, a strong management team, and a product or service that is proprietary or clearly differentiated. JIT is sector-agnostic, but it favors expansion stories with real job impact and a credible path to liquidity. Companies that need patient minority capital, strategic engagement, and a board-level partner are much closer to the target than teams looking for non-dilutive funding.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.

Last verified: 11 May 2026Source: www.jitwv.com