Hall Opportunity Fund 1 has been opened to invest in early growth companies based in Utah, taking advantage of recent Federal legislation to encourage investments into Federally designated “opportunity zones.” The opportunity zone legislation offers huge benefits to investors. If applied correctly, it allows deferral of capital gains, potential original gain reductions of 10-15%, and potential permanent deferrals on any gains realized within a qualified fund. Provo, Utah is home to an opportunity zone that has been identified as one of the top 3 most attractive opportunity zones nationally, and HVP is ideally positioned to deploy capital immediately into investments that will meet the strict opportunity zone requirements. The HVP managing partners (David Hall, Derek Weber, Matt Van Dyke and David Kunz) and their affiliates are seeding the fund with a capital commitment of 10% of the overall target fund size.
A QOF is a vehicle organized for the purpose of making qualified investments within a federally designated Opportunity Zone.
Vanderhall manufactures conventional and electric roadsters and off-road vehicles that provide a truly unique motoring experience. Exceptional aesthetics and effortless performance.
SmarterHome seamlessly integrates smart products for the home. Includes the Tilt brand (blinds, windows, lighting, security) and the Garage Smart brand (storage, air, power, and other tools).
Sure-Fi has developed the world’s first radio designed to connect reliably through heavy obstruction. Its patented radio features one-mile range with obstructions and 50+ miles line of sight.
Medic.Life is developing advanced health monitoring systems and hardware that provide meaningful information for individuals and their healthcare team
Bacon is creating a new way to staff teams by connecting companies to pre-qualified available workers who will work on-demand for as little as one shiſt.
MicroClimate is now shipping Air, a personal filter system with unobstructed views. Products for education, healthcare, and other uses are in development.
NeverDump designs a drop-in system for fifth wheels, RVs, and travel trailers that uses combustion technology to completely eliminate black water.
Adaptive provides contemporary housing, office, and flex space. Rather than build single-use rooms, its technologies allow the same footprint to easily be put to multiple uses.
Care.Life focuses on merging innovative technologies with easy-to-use devices to help alleviate the shortage of care workers and help improve the quality of life of those who wish to stay at home or live in a community.
RelChip offers reliable integrated circuit solutions for extreme environments, ranging from -55 to 300 degrees Celsius (-67 to 572 degrees Fahrenheit).
Utah is exploding with growth and it’s through relationships like Silicon Slopes that HVP can identify potential target portfolio companies currently outside the Hall campus.
HVP will leverage the same process, honed and developed over 60+ years, that will supplement our sourcing of opportunities as we look to identify companies that can benefit from the process and structure Hall Labs provides. With more than 6,500 startup and tech companies in Utah, Silicon Slopes is home to entrepreneurs and leaders who have earned global recognition through hard work, and a focus on building exceptional companies.
Dollar-per-deal, Utah leads the nation in venture capital tech funding, and for 3 years in a row, Forbes named Utah as the best state in the nation for business.