Flexible Capital Fund

...invests in growing Vermont companies that fill a gap, or strengthen the supply chain in sustainable agriculture and food systems, forest products, renewable energy, clean technology, and other natural resource sectors.

The Flexible Capital Fund, L3C (Flex Fund) provides creative financing in the form of near equity capital (subordinated debt and royalty financing) to Vermont’s growth-stage companies in sustainable agriculture and food systems, forest products, and clean technology sectors. As the only licensed lender in Vermont to provide royalty financing, the Flex Fund invests in Vermont companies that strengthen or fill a gap in their supply chain. The Flex Fund is a Community Development Financial Institution (CDFI) lender, which provides advisory and development resources to help portfolio companies grow.

Learn more about where the Flex Fund (and other organizations that provide funding) fit along Vermont’s capital continuum.

Download Vermont’s Capital Continuum

“We are committed to helping our portfolio companies grow and stay in Vermont so they can create quality jobs and sustainable products and services. Ultimately, our aim is to support the businesses that can accelerate the rate at which we move towards healthy food systems, renewable energy, and climate change solutions.”

– Janice St. Onge, Flex Fund President


The Flexible Capital Fund, L3C (Flex Fund) is a low profit, limited liability company launched in 2011 by the Vermont Sustainable Jobs Fund, a non-profit organization whose mission is to accelerate Vermont’s green economy.

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The Flexible Capital Fund (Flex Fund) offers Vermont growth-stage companies in sustainable agriculture and food systems, forest products, and clean technology sectors.

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The Flex Fund investments support portfolio companies which will strengthen their existing markets across the value chain – now and for future generations.

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News & Press

+ Bill McGrath, president and chief technical officer and chief executive officer Neil Cannon at the company’s headquarters in Randolph.

Lighting the Way to a Healthier Future

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Farmers To You Finds Silver Lining in Tumultuous Years of Pandemic

By Janice St. Onge, Flexible Capital Fund “Our mission hasn’t changed,” said Greg Georgaklis, founder...
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Aegis Founder Lives by His Mission to Have a Net Positive Impact on the Planet

By Kelly Nottermann, Flexible Capital Fund, L3C Nils Behn vividly remembers sitting in class at...
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