True entrepreneurship has but one goal, one drive, one primary motivating factor:
About us
They dare to be different, strive to be great, and face risk head on. They are persistent and unyielding in their drive to build their businesses. Yet the journey from entrepreneur to CEO is full of challenges. In order to achieve this goal, an entrepreneurial company needs certain things. It needs a leader, a team, a vision, a mission, a direction, a plan, and a structure. It also needs money.
Philosophy
West Virginia Jobs Investment Trust (JIT) is a public venture capital fund created to develop, promote and expand West Virginia’s economy by making investment funds available to eligible businesses, thus stimulating economic growth and providing or retaining jobs within the State.
JIT invests in early stage, later stage and mature small companies who wish to expand. Opportunities to create a significant number of jobs while maintaining economic balance are favorably viewed. Economic diversification is a plus. In order to maintain its ability to assist others in the future, JIT makes investments that are expected to yield a financial return proportionate to the level of risk it assumes. JIT does not make grants or low interest loans.
JIT is typically a minority investor and is not involved in the day-to-day operations of the portfolio companies. It prefers to be an active partner with the management team, typically at the level of the Board of Directors. Specific ways in which JIT might provide assistance include:
- Developing corporate strategy
- Recruiting additional management personnel
- Arranging additional infusions of capital
WVJIT Organizational Chart
WV Code
W. Va. Code 12-7-1 et seq. (WVJIT Act)
Annual Report
WV Jobs Investment Trust – Annual Investment Analyses – June 30, 2023
WV Jobs Investment Trust – Annual Investment Analyses – May 31, 2022
WV Jobs Investment Trust – Annual Investment Analyses – June 30, 2021
WV Jobs Investment Trust Board – Annual Investment Analyses – June 30, 2020
Board Minutes
2024
WVJIT Board Minutes – January 18, 2024
WVJIT Board Minutes – February 6, 2024
2024 – WVCAP Minutes
WVCAP Minutes – January 23, 2024
2023
WVJIT Board Minutes – January 19, 2023
WVJIT Board Minutes – February 16. 2023
WVJIT Board Minutes – March 16, 2023
WVJIT Board Minutes – April 20, 2023
WVJIT Board Minutes – May 18, 2023
WVJIT Board Minutes – June 15, 2023
WVJIT Board Minutes – July 20, 2023
WVJIT Board Minutes – August 17, 2023
WVJIT Board Minutes – October 19, 2023
WVJIT Board Minutes – November 16, 2023
2023 – WVCAP Minutes
WVCAP Minutes – January 24, 2023
WVCAP Minutes – February 21, 2023
WVCAP Minutes – March 21, 2023
WVCAP Minutes – April 25, 2023
WVCAP Minutes – August 22, 2023
WVCAP Minutes – September 26, 2023
WVCAP Minutes – October 24, 2023
WVCAP Minutes – November 28, 2023
WVCAP Minutes – December 19, 2023
2022
WVJIT Board Minutes – January 3, 2022
WVJIT Board Minutes – June 16, 2022
WVJIT Board Minutes – August 18, 2022
WVJIT Board Minutes – September 15, 2022
WVJIT Board Minutes – October 20, 2022
WVJIT Revised October Board Minutes – October 20, 2022
WVJIT Board Minutes – November 17, 2022
WVIT Board Minutes – December 15, 2022
WVJIT Revised December Board Minutes – December 15, 2022
2022 WVCAP Minutes
WVCAP Minutes – October 25, 2022
WVCAP Minutes – November 29, 2022
WVCAP Minutes – December 14, 2022
2021
WVJIT Board Meeting Minutes – January 20, 2021
WVJIT Board Minutes – April 14, 2021
WVJIT Board Minutes – August 11, 2021
WVJIT Board Minutes – September 8, 2021
WVJIT Board Minutes – December 8 and December 14, 2021
2020
WVJIT Board Meeting Minutes January 15, 2020
WVJIT Board Meeting Minutes July 8, 2020