The National Association of Seed and Venture Funds (NASVF) is an economic development agency based in Philadelphia, Pennsylvania. Established in 1993, the agency is committed to building their local economies by investing in local entrepreneurs. Membership of the NASVF is comprised of angel investment organizations, economic and development organizations, university technology commercialization centers, technology commercialization organizations, national laboratories, and entrepreneurship centers. It operates as a subsidiary of Innovation America. The assets of the agency are managed and governed by an executive management team.The National Association of Seed and Venture Funds is currently investing in alternatives.