Burlington Free Press

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In 2002 an estimated $12.2 million in venture capital flowed to companies in the state, according to a survey conducted by FreshTracks Capital in Middlebury where Cross is managing director. While Vermont barely registers on the venture capital radar, the state's opportunities tend to be quirky and unique. Food products, snowboard companies and other outdoor recreation companies are frequently included on the roster of presenters. That's to be expected when many of the bigger companies in the state, such as Green Mountain Coffee Roasters; Ben & Jerry's Homemade Inc.; and Burton Snowboards have employees who start their own businesses or draw people with similar interests to the state, Cross said.

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