SSC Venture Partners: Nurturing Entrepreneurship Among Boston College Community
Located at 280 Summer St in Boston, Massachusetts, SSC Venture Partners is a venture capital fund dedicated to supporting entrepreneurship among the Boston College (BC) community. Established in 2014, the company is made up of BC alumni who not only share a passion for entrepreneurship but also want to see BC alumni and students successfully launch their own companies. SSC Venture Partners primarily focuses on venture capital and private equity principals, and over the years, it has provided seed funding, a summer accelerator, office space, and mentorship to hundreds of startups with Boston College founders.
With a general partnership composed of seasoned entrepreneurs and investors and an LP base of dozens of high net worth BC alumni investors, SSC Venture Partners is uniquely positioned to help launch BC founder-led ventures. The company can invest in promising startups and establish connections to relevant mentors, investors, and advisors, enabling these new businesses to thrive and grow.
SSC Venture Partners invests in two stages of the value creation cycle. The first stage is its earliest stage funding mechanism, in which the company invests in a handful of young startups each year who participate in its summer accelerator program. The Summer Accelerator is an immersive twelve-week program where the SSC offers a five thousand dollar investment, office space, and mentorship with its connections and LP base in exchange for 2% equity.
The second stage is a more traditional seed and pre-seed investment in the form of a convertible note for up to $50,000. SSC Venture Partners can invest alongside its LP base or other traditional angel or venture capital firms, ensuring that the startup gets the necessary financial backing to succeed. In order to be considered for either funding mechanism, one or more of a company's founders need to be BC alumni, students, staff, or faculty.
For more information about SSC Venture Partners and its initiatives, you can visit their website at https://www.sscventurepartners.com. Through its targeted approach and commitment to the Boston College community, SSC Venture Partners plays a vital role in fostering entrepreneurship and helping startups led by BC alumni and students flourish.