Exhibit 99.1


                                  CERTIFICATION

Each of the undersigned, in his capacity as an officer of meVC Draper Fisher
Jurvetson Fund I, Inc., provides the following certifications required by 18
U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley
Act of 2002, and 17 C.F.R.ss.240.13a-14.

I, John M. Grillos, certify that:

1.    I have reviewed this quarterly report on Form 10-Q of meVC Draper Fisher
      Jurvetson Fund, Inc.;

2.    Based on my knowledge, this quarterly report does not contain any untrue
      statement of a material fact or omit to state a material fact necessary to
      make the statements made, in light of the circumstances under which such
      statements were made, not misleading with respect to the period covered by
      this quarterly report; and

3.    Based on my knowledge, the financial statements, and other financial
      information included in this quarterly report, fairly present in all
      material respects the financial condition, results of operations and cash
      flows of the registrant as of, and for, the periods presented in this
      quarterly report.


Dated:
September 20, 2002                            /s/    John M. Grillos
                                              ----------------------------------
                                              Chief Executive Officer


I, Ann E. Oglanian, certify that:

1.    I have reviewed this quarterly report on Form 10-Q of meVC Draper Fisher
      Jurvetson Fund, Inc.;

2.    Based on my knowledge, this quarterly report does not contain any untrue
      statement of a material fact or omit to state a material fact necessary to
      make the statements made, in light of the circumstances under which such
      statements were made, not misleading with respect to the period covered by
      this quarterly report; and

3.    Based on my knowledge, the financial statements, and other financial
      information included in this quarterly report, fairly present in all
      material respects the financial condition, results of operations and cash
      flows of the registrant as of, and for, the periods presented in this
      quarterly report.


Dated:
September 20, 2002                            /s/    Ann E. Oglanian
                                              ----------------------------------
                                              Acting Chief Operating Officer


EXPLANATORY NOTE REGARDING CERTIFICATIONS: Representations 4, 5 and 6 of the
Certification as set forth in Form 10-Q have been omitted, consistent with the
Transition Provisions of SEC Exchange Act Release No. 34-46427, because this
Quarterly report of Form 10-Q covers a period ending before the Effective Date
of Rules 13a-14 and 15d-14.


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