Mission

The Center on Rural Innovation (CORI) launched the CORI Innovation Fund (CIF) to enhance entrepreneurial equity in America through investing in tech startup businesses in rural areas. CIF seeks attractive, technology-enabled operating startups located in rural areas under-served by traditional venture capital institutions. We identify, fund, and support the best and most innovative rural tech entrepreneurs to enhance economic growth and tech job creation in small communities across the U.S.

 Investment criteria

CIF invests in early-stage technology businesses located in rural areas in the U.S. In general, we fund companies that are generating revenue and need capital for their plans to scale significantly over time. We typically invest in a company’s seed round and can act either as a lead investor or as a participant in a funding round.

Team

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Matt Dunne

Founder and executive director

Center on rural Innovation

   In 2007, Matt started Google’s Community Affairs division out of a former bread factory in White River Junction, VT, where he led all local US philanthropy and engagement, including the Google Fiber rollout and orchestrating educational and development initiatives in Google’s data center communities across rural America.

   He served 11 years in the Vermont House and Senate, enacting the state’s first broadband grants, brownfields revitalization funding, and downtown redevelopment program. He helped grow a VT-based software company to over 100 people and was Associate Director of the Rockefeller Center on Public Policy at Dartmouth College.

   In 1999 Matt was appointed director of AmeriCorps*VISTA under President Clinton. He led PowerUp, one of the first national efforts to bridge the digital divide, and launched an Entrepreneur Corps to focus on micro-finance in high-need communities.

   Matt has a BA from Brown University, and holds an appointment at the MIT Media Lab.

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Jay Bockhaus

Managing Partner

CORI Innovation Fund

From Wall Street to Main Street, Jay brings a wealth of experience to his role as Managing Partner of CORI's Innovation Fund.  Jay began his career advising on mergers and acquisitions at Gleacher & Co. and Allen & Company. Subsequently, Jay spent a decade at NBCUniversal, which culminated in his running strategy and development for the Entertainment and Digital Networks division.

After NBCU, Jay joined Emigrant Bank where he served as Executive Advisor to the Chairman and led investments in several small growth businesses.

Jay has a BA from Princeton University's School of Public Policy and International Affairs as well as certificate degrees in East Asian Studies and Japanese Language

Newsroom

 

Portfolio

The CORI Innovation Fund portfolio showcases high-growth, technology-enabled startups building scalable solutions from rural America. These companies are creating quality jobs, attracting follow-on investment, and proving that world-class innovation can thrive in small communities. Together, they represent the future of a more inclusive, geographically diverse innovation economy. Explore our portfolio:

 
 

Acceleron

White River Junction, Vermont

A banking technology platform that automates international wires and FX conversion, enabling community banks to lower costs and reduce errors.

Arsana Health

Springfield, Vermont

Provides integrated software and hardware solutions for post-acute care, helping skilled nursing and assisted living providers improve outcomes through smart hygiene technology.

DifferentKind

Buena Vista, Colorado

An experience intelligence platform for dentistry that helps DSOs and dental insurers improve operations, retention, and network quality using verified patient experience data.

Massive Dimension

Barre, Vermont

Enables faster, smarter manufacturing with turnkey large-format robotic 3D printing systems that streamline production and unlock new levels of customization at scale.

Verde Technologies

Waterbury, Vermont

Advancing the next generation of solar power with flexible, high-efficiency perovskite solar modules that are lightweight and expand access to affordable clean energy at scale.

Agile Space Industries

Durango, Colorado

Designs and builds advanced in-space propulsion and mobility systems, enabling the next generation of commercial, civil, and national security missions beyond Earth.

BOPA Precision Agriculture

La Junta, Colorado

Builds advanced precision agricultural tools, including an autonomous nano tractor, to help small and mid-sized farms reduce costs and grow more efficiently.

Fast Forward

Kearney, Nebraska

Delivers AI-enabled inspection solutions that help utilities assess pole conditions more efficiently, improve safety, and extend the life of critical infrastructure.

Proximity

Montrose, Colorado

A unified building platform that seamlessly connects access, booking, communications, and data to allow everyday spaces to anticipate and adapt to how people live.

Waldo

Chassell, Michigan

A digital load ticketing platform built for forestry at scale, replacing paper tickets with real-time, audit-ready visibility and control across every load from stump to mill.

Aprexis

Montpelier, Vermont

A healthcare technology company focused on post-prescription pharmacy care, delivering medication therapy management and customizable clinical programs.

CALYPSO

Randolph, Vermont

Delivers accredited, asynchronous online continuing education courses for real estate and mortgage professionals to make compliance easier.

The Headset App

Seward, Nebraska

A mobile-first communication platform that replaces traditional sports headset systems, letting teams use their own phones and earbuds to communicate in real-time.

Soiltech

Rupert, Idaho

Delivers simple, connected tools, from in-field sensors to digital record-keeping, that help the food supply chain make smarter, real-time decisions from soil to storage.

Learn about some of the communities we’ve invested in

Innovation and tech entrepreneurship can happen anywhere-and rural Durango, Colorado, is proof that rural places are part of that equation. The Center on Rura...

Innovation and tech entrepreneurship can happen anywhere-and rural Cape Girardeau, Missouri, is proof that rural places are part of that equation. The Center ...

 

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