|
Corporate Social Responsibility
News
4.21.2006 ET
|
CSR News from:
|
|
|
News Category:
|
|
Next Generation Venture Capital Fuels Sustainable Companies
Angel Investors and Innovative Companies to Meet in San Francisco
(CSRwire) San Francisco, CA--Investing in Sustainable Business. On May 10 - 12
some of the most promising thinking on this subject will be proposed at an
innovative conference called "Patient Capital for a Sustainable Future".
The conference is hosted by the organization Investors' Circle. The
organization was founded in 1992 and is based on the idea of using venture
capital -- specifically from angel investors, foundations, and venture
capitalists oriented toward sustainable businesses -- as a powerful
catalyst for creating sustainability worldwide.
These investors allocate their money into early-stage and growing
businesses that solve social and environmental problems -- innovative
businesses that are under the radar of traditional VC firms.
This type of business could be a restaurant chain serving food grown on
certified local organic farms or an innovative wastewater treatment
enterprise that uses natural algae instead of chemical products. It could
be a culturally diverse multimedia company or a next-generation wind-solar
hybrid energy company. In each case, investors expect sustainable benefits
in addition to financial returns.
The Investors' Circle Conference will bring 20 pre-selected companies,
many of the organization's 150 members and other investors to San
Francisco to work on deals that will fund the next wave of sustainable
businesses. In addition to a Venture Fair, there will be a day of spirited
discussions and presentations representing groundbreaking thinking about
how to fund and nurture these enterprises among investors, thought
leaders, philanthropists, entrepreneurs and non-profit representatives
We will have 25 special speakers, including Carlo Petrini, founder of Slow
Food International; Jon Sinton, COO of Air America; Vishal Vasishth, chief
strategy officer at Patagonia; Leslie Christian, President of Progressive
Investment Management and Jared Blumenfeld, the director of San
Francisco's Department of the Environment. They will discuss a range of
innovative ideas, including the creation of local stock exchanges that
promote sustainable business, new ways of structuring corporations, and
possible partnerships between governments, socially minded entrepreneurs
and like-minded investors.
Other sessions will look at the emerging potential in mission-driven media
companies, entrepreneurs who are creating new ways of delivering health and
wellness products and services, and fresh approaches to sustainable food
systems and alternative energy sources.
The Investors' Circle network has invested more than $107 million in 171
companies. The organization has hosted national conferences in Boston for
several years. With this event, it is adding a second annual conference
on the West Coast.
The May 11, 2006 Venture Fair, where companies will make individual
presentations, is open only to the organization's members and accredited
investors; the May 12 event is open to all other participants, with
advance registration. Those sessions will take place from 8:30am to 5:00pm
at the Sir Francis Drake Hotel, in San Francisco.
For more information, please visit www.investorscircle.net
|
|