DMG Productions to feature Meritus Ventures in Upcoming Episode of Business Update

Tuesday August 21, 2012

August 21, 2012 London, KY and Oak Ridge, TN - Meritus Ventures announced today that the venture capital firm will be featured in an upcoming episode of Business Update on the Discovery Channel.

Meritus Ventures is the premier venture capital firm for the Appalachian region of the United States.  With portfolio companies ranging in industry from technology to healthcare to manufacturing in rural and agricultural areas, and investors ranging from financial institutions to university stakeholders, Meritus Ventures is led by fund managers Ray Moncrief and Grady Vanderhoofven, who together have more than 50 years of experience in helping small businesses.

"Venture capital and rural business are two fields that the public doesn't often associate as having a direct correlation," said Ed Preininger, producer for the series. "I look forward to educating the public on an exciting firm that is impacting positive change in one of the largest demographics of our society - rural."

This particular episode will focus on the social and economic impact of venture capital in the United States.  From upstart technology firms to innovative products and services, venture capital is helping American business boom and reshaping the landscape of rural America.

"It is a myth that there aren't any good technology deals or other high growth opportunities in rural America, especially in rural Appalachia.  We have a successful track record of investing in rural Appalachia that spans more than thirty years, providing much needed capital to small businesses through Meritus Ventures and its affiliates.  We're very glad to have the opportunity to tell others about our mission through Business Update," said fund manager, Ray Moncrief.

In this segment, Business Update viewers will be taken behind the scenes of one of the premier venture capital firms in the U.S., Meritus Ventures, with offices in Kentucky and Tennessee, and Discovery Channel audiences nationwide will gain an in-depth look at how innovative thinking can lead to positive change in business.

About Business Update:

Business Update is a corporate-America type series covering the world of business, finance and technology. From Main Street to Wall Street, our award-winning producers take an in-depth look into some of the hottest topics and current trends impacting our society.

About Meritus Ventures:

Meritus Ventures is the only Rural Business Investment Company (RBIC) in the United States.  The $36.5M venture capital fund invests to realize attractive returns for the Fund's investors while creating wealth and jobs in rural areas of central and southern Appalachia and Arkansas.  In addition to providing equity investment, the Fund may provide operational assistance to its portfolio companies.  For more details on Meritus Ventures and its investment profile and criteria, please visit:

Media Contact:  Melissa Muendel,, 865-220-1715

Back To News Releases