About this programme
Fresh Tracks Capital is an early-stage venture capital firm based in Shelburne, Vermont, managing a family of early-stage venture funds with a core focus on Vermont companies, though it also invests outside the state.
The firm defines its role as providing venture capital, risk capital that supports promising young companies and innovative business ideas that cannot get traditional bank financing. It targets businesses that can build defensible competitive advantages and looks for proven, high-performing management teams.
Fresh Tracks invests across manufacturing, B2B software, consumer products, energy, food and beverage, health and wellness, medical technology, and technology. Since 2000, it has invested $35 million across 46 Vermont companies, which average $7 million in annual revenue.
How it works
The average investment per company is about $600,000.
Fresh Tracks highly encourages Vermont entrepreneurs to reach out directly to discuss their business plan, even before a formal application.
The firm typically does not sign non-disclosure agreements before reviewing a pitch, though it says it maintains confidentiality of any proprietary information it receives.
Even when Fresh Tracks decides not to invest, it says it aims to give Vermont entrepreneurs useful advice and make introductions to other capital sources.
How to apply
- Apply through the 'Apply For Funding' page on the Fresh Tracks website.
- Prepare a concise executive summary or slide deck covering your team, product or service, potential market, and the basics of your business model. Fresh Tracks says a full business plan is not needed at this stage.
Frequently asked
Do we need a full business plan to reach out?
No. Fresh Tracks asks for a concise executive summary or slide presentation covering the team, product or service, potential market, and the basics of the business model.
Will Fresh Tracks sign an NDA before reviewing our pitch?
Typically not, though the firm says it maintains confidentiality of any proprietary information shared with it.
What if Fresh Tracks decides not to invest?
The firm says it still aims to give Vermont entrepreneurs useful advice and to make introductions to other sources of capital.
Does Fresh Tracks only invest in Vermont companies?
Its core focus is Vermont, but the firm also invests outside the state.
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Reviewed 2026-09-25. Programmes change, so check eligibility, amounts and deadlines on the official page before you apply. CapEasy is a private firm and is not part of any government body.