Hall Opportunity Fund 1
WE LIVE IN AN IoT WORLD. HALL LABS MAKES THE THINGS OF THE INTERNET.
Hall Opportunity Fund 1 will target its initial portfolio companies from technology and material science companies, leveraging the Hall Family domain expertise and proven incubation system. Potential target companies that currently are being supported by the Hall Family Office and established Hall Labs programs poised for growth and ready to enter the market.
The fund will provide growth capital and access to strategic resources from the Provo, Utah region, identified as one of the nation’s top 3 “opportunity zone” clusters and the next Silicon Valley. HVP is confident that it can use the fund to propel optimal expansion and timely exits, with the intention of providing attractive investor returns.
As an additional benefit, the fund creates the potential for tax-advantaged “opportunity zone” investments that allow for deferrals of capital gains beyond the real estate sector while providing a meaningful economic impact in the community.
- Early stage growth companies identified through Hall Labs Incubation on a state of the art innovation campus in Provo, Utah located within an Opportunity Zone.
- HVP has identified and screened 8 opportunities ready for investments.
- Through partnerships with Salt Lake City Angles, Silicon Slopes and leading Family Offices HVP can apply the same diligence, vetting and team to supplement origination.