GoodCompany Ventures is pleased to announce that they have selected three more companies to participate in the 2010 Social Impact Incubator. Five of the ten participants have now been confirmed and GoodCompany Ventures will close the application process as of Monday, May 10th.

The Social Impact Incubator selects entrepreneurs with innovative ideas for social impact and provides them intensive training and resources to develop a commercial model to implement and obtain funding to maximize their impact. For details on the Incubator and how to apply, visit www.goodcompanyventures.org.

The first two companies announced today represent the application of peer-to-peer transaction models to match individuals to social and science projects that engage their interests and resources.

Wish Upon A Hero (www.wishuponahero.com) is the world's largest social helping website. It is designed to allow everyone the unique opportunity to post a wish as well as the extraordinary ability for anyone to be a hero by granting a wish. Members consist of individuals and businesses who are passionate about helping. Since it's launch in late 2007, heroes have granted more than 54,000 wishes. Wishes range from baby bottles to refrigerators, from prosthetic eyes to kidney donations. No wish is too big; no hero is too small.

ScienceForCitizens (www.ScienceForCitizens.net) is a new website whose mission is to further the general public's interest in and understanding of science by enabling lay people to participate in both science-related recreational activities and formal research projects. Part match-maker, part portal, part social network, ScienceForCitizens will encourage non-experts to find out about, discuss, and contribute to science by actually doing it. It will bring together the millions of amateur scientists in the world; the thousands of potential projects offered by researchers, organizations, and companies; and the resources, products, and services that enable people to pursue these activities.

Our third selection this week is adapting innovations in alternative energy to deliver healthcare and education services to populations who, due to geography, poverty or natural disaster have no access to power.

One Degree Solar (http://www.onedegreesolar.com/) is a supplier of solar energy and lighting products created specifically for resource-poor areas and developing countries. Responding to the widespread need for reliable, affordable and practical products, we have created easy-to-use, low-maintenance solutions for individuals, small businesses, and nonprofit organizations in developing countries and disaster relief zones. Founded by individuals with years of international development experience, One Degree Solar seeks to partner with governments and aid institutions, primarily to expand access to basic health and education services, thus improving quality of life in developing countries.

"These three companies exemplify GoodCompany Ventures support for entrepreneurs who are developing new models and new markets for social innovation," said Garrett Melby, CEO of GoodCompany Ventures. "All three companies have demonstrated proof of concept as social projects and have realized that they have an opportunity to dramatically expand their reach and social impact by pursuing a commercially sustainable growth model. We look forward to helping them develop and fund such a model to maximize their potential for service."

About GoodCompany Ventures
A GoodCompany pursues both purpose and profit. GoodCompany Ventures is a nonprofit defined by the needs of the emerging social enterprise sector. The GCV Social Impact Incubator identifies entrepreneurs with innovative ideas for social impact and helps them implement these ideas with the strategies and resources of the venture capital community.

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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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