Qualified portfolio company definition

Qualified portfolio company means a company that (i) has its principal place of business in the
Sample 1Sample 2Sample 3
Qualified portfolio company means a company that (i) has its principal place of business in the Commonwealth; (ii) has a primary purpose of production, sale, research, or development of a product or service other than the management or investment of capital; and (iii) provides equity in the company to the Virginia venture capital account in exchange for a capital investment. "Qualified portfolio company" does not include a company that is an individual or sole proprietorship.
Sample 1Sample 2Sample 3
Qualified portfolio company means the same as that term is defined in subdivision C 25 of § 58.1-402 of the Code of Virginia.
Sample 1

More Definitions of Qualified portfolio company

Qualified portfolio company means the same as that term is defined in subdivision 27 of § 58.1-322.02 of the Code of Virginia.
Sample 1

Related to Qualified portfolio company

  • Investment Entity means any Entity that conducts as a business (or is managed by an entity that conducts as a business) one or more of the following activities or operations for or on behalf of a customer:

  • Investment Vehicle means a corporation, partnership, limited partnership, limited liability company, association, or other entity, either domestic or foreign, managed by an external manager in which a board is the majority investor and that is organized in order to invest with, or retain the investment management services of, other external managers.