CHARLESTON, WV — The West Virginia Capital Access Program (WVCAP) approved a loan of $500,000 for RealX Ventures, Inc., solar industry company in Monongalia County.

RealX Ventures created a platform which pioneers solar project origination and development at scale. 

“The company has developed an innovative technology process and system to help grow utility and community scale solar projects throughout the country” said Andrew Zulauf, Executive Director at the West Virginia Jobs Investment Trust (WVJIT). “This is a growing and important business sector for our State, and WVJIT is excited to be part of the solution to these opportunities in solar energy.”

WVCAP provides West Virginia small businesses with debt or equity capital to expand and create jobs. WVCAP assists credit-worthy companies that may not fit traditional lending models. WVCAP is administered by WVJIT.

For more information or to apply for funds, contact the West Virginia Jobs Investment Trust at wvjit.wv.gov/wvcap.

About the West Virginia Jobs Investment Trust 
West Virginia Jobs Investment Trust (WVJIT) is a public venture capital fund created to develop, promote and expand West Virginia’s economy by making investment funds available to eligible businesses, thus stimulating economic growth and providing or retaining jobs within the State. JIT invests in early-stage, later-stage and mature small companies that wish to expand. Opportunities to create a significant number of jobs while maintaining economic balance are favorably viewed.