Growth Dinners Hosts 6 Richmond Founder Events, Eyes Expansion After $15,000 Bet
Updated
Updated · RichmondBizSense · Jul 16
Growth Dinners Hosts 6 Richmond Founder Events, Eyes Expansion After $15,000 Bet
1 articles · Updated · RichmondBizSense · Jul 16
Summary
$55-a-seat Growth Dinners has now held six invite-only founder dinners in Richmond, including a June event at Uliveto co-hosted with Lighthouse Network to widen exposure for the concept.
Vernon Foster launched the business after moving to Richmond in 2022 and finding few peer spaces for startup leaders; he began by cold-calling founders and funding early dinners himself.
12 founders attend each monthly, roughly two-hour session, with applicants generally expected to have $1 million in annual revenue, a $2 million raise or a $5 million-$10 million prior exit.
15 to 25 applications now arrive per dinner, and Foster said more than 40 founders from sectors including AI, agriculture and food have participated so far.
About $15,000 has been invested to date, with Foster aiming to break even through ticket sales while exploring partnerships with other Virginia incubators, a roundtable program and a possible annual conference.