Tim Tebow found a new purpose in venture capital. The Florida Gators football star and Heisman trophy winner is now a Partner at GOVO Venture Partners in Winter Park, Fla.

The former NFL football player will use his expertise, and relationships in the state, to boost the firm. It recently launched its first venture capital fund (GOVO Fund 1) focusing on early stage companies that are involved with government entities or government regulations.

GOVO’s fund, which only accepts accredited investors as investors, invests in companies that are working to solve societal issues, whether it is through environmental technologies or modernizing the healthcare system. This broad-based mission is in line with the Tim Tebow foundation, a charitable organisation that focuses on vulnerable individuals. Tebow will be tasked to expand GOVO’s ability to attract Florida-based investments while supporting broader goals.

Tebow’s job is to accelerate the growth in the fund’s investment portfolio. The fund currently has seven companies, including those involved in cloud clinic health care, data-supported traffic control, cybersecurity, connected vehicle commerce and AI-powered voice recognition. Rob Panepinto, GOVO’s managing partner, said via text that GOVO hopes close another $10 million by the end of August after closing its initial fundraising window in 2022.

Tebow is not the first person to be involved in investment strategies. He also invested personally in an infant care tech startup Harbor this year and bought a stake last year in a pediatric dental center near his hometown, Jacksonville, Fla. He was also part of a consortium of entrepreneurs that invested in men’s clothing brand Rhone last.