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Strong Foundations: The First Seven Weeks of GoodCompany Ventures' Inaugural Incubator

GoodCompany Ventures' Incubator Inspires and Impresses

Strong Foundations: The First Seven Weeks of GoodCompany Ventures' Inaugural Incubator

GoodCompany Ventures' Incubator Inspires and Impresses

Published 08-03-09

Submitted by GoodCompany Group

Philadelphia, PA - August 3, 2009 - The first seven weeks of GoodCompany Ventures' Incubator have been highlighted by expert panels, tailored seminars, and dinner receptions. The ten businesses receiving training and mentorship at GoodCompany Ventures are now well on their way to pitching to their industries' top investors.

Along with the weekly panels chaired by industry experts, GoodCompany Ventures has provided seminars which both complement the panels and address concerns shared by participants. Presented on June 19th by Lee Marks of Greenberg Traurig and Sid Amster of Phase II International, a seminar on business law addressed legal concerns from the perspectives of a businessman and a lawyer, and was a hit with participants hoping to better understand the relationship between entrepreneurship and the legal system.

These sessions have granted the incubator's participants access to experts in their fields, as well as insight into challenges that all startups face. For one participant, Partners on the Path’s Jane Hamilton, GoodCompany's resources have allowed her to shape her ideas "into an actionable business plan." The construction of their business plans has allowed GoodCompany Ventures' participants to iron out issues crucial to their companies' futures.

An expert panelist during week two, David Nevas of the Edison Venture Fund has noted that "GoodCompany Ventures has really hit an underserved niche. These companies tend to have more limited exposure to support structures than traditional startups do, and thus stand to benefit the most from an incubator-type program." The support provided by GoodCompany Ventures, including mentors, interns, and subject-matter experts, have been giving these companies resources needed to boost their prospects of success.

And there is much more to come. Blank Rome, Ratner Prestia, and National Penn Bank will be hosting networking receptions in the weeks to come. Similar events have been providing GoodCompany Ventures' startups with community building and networking opportunities.

About GoodCompany Ventures
GoodCompany Ventures catalyzes start-ups with innovative solutions to big, unmet social needs. GoodCompany entrepreneurs are offered a great place to work in Philadelphia, a community of like-minded entrepreneurs and access to a network of capital sources and expert advisors. We champion models that offer investors financial return and social impact. More information is available at www.GoodCompanyVentures.org or via email at info@goodcompanyventures.org

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GoodCompany Group

GoodCompany Group

For entrepreneurs and investors who believe there is a better way, GoodCompany helps the most promising social innovators realize their full impact through applying rigorous analysis, deploying proven growth strategies and matching capital resources from the business and venture community.

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