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GoodCompany Group Merger

Call for Applicants -- Venture Program

Submitted by: GoodCompany Group

Categories: Finance, Corporate Social Responsibility

Posted: Apr 12, 2012 – 05:19 PM EST


PHILADELPHIA, Apr. 12 /CSRwire/ - GoodCompany Group is pleased to announce the launch of the nation’s most comprehensive resource for social entrepreneurs.

GoodCompany Group Merger.  GoodCompany Group, a 501(c)(3), is the result of the recent merger of two non-profit organizations dedicated to serving social entrepreneurs, Green Village Philadelphia and GoodCompany Ventures.  Green Village has developed a residential incubator consisting of 5,000 square feet of Class A office space to house up to 40 social entrepreneurs and offers mentoring and consulting services to non-resident entrepreneurs.  GoodCompany Ventures is the creator of the country’s leading accelerator program for social entrepreneurs, as described below.

As a result of the merger, GoodCompany Group will be able to support social entrepreneurs from idea stage through launch and funding with a combination of advisory, physical and financial resources that is unique in the nation. 

“We believe that we’re creating what will be one of the most comprehensive programs for sustainable businesses and responsible entrepreneurs in the country and we hope in the world.  We want Philadelphia to be the center of all this.” said Joe Guagliardo, Board Co-Chair

GoodCompany Ventures Call for Applicants.  GoodCompany Group announces that it is now accepting applicants for the 2012 Ventures Program.  GoodCompany Ventures, now in its fourth year, was the first accelerator dedicated to the specific needs of social entrepreneurs and remains the most selective, most intensive and most successful program of its kind.

To date, the GoodCompany Ventures program has graduated over thirty companies and has helped them raise over $30mm in private capital to fuel their social missions. GCV graduates win entry to top venture forums (i.e. Tech Crunch and Demo), and international technology and social enterprise awards (i.e. Thiel Fellowship, MIT Social Media Prize, Mashable/United Nations Start-ups for Good, Wharton Africa Prize, Skoll/DIYA for India, etc.). Their social innovations are featured in national media  (i.e. The New York Times, Business Week, USA Today, ABC, BBC, CNN, Discover Magazine, Huffington Post, etc.) as well as venture outlets (i.e. Tech Crunch, Venture Beat, etc.).

GoodCompany will select a class of 8-12 entrepreneurs developing innovative, market-based solutions to unmet social needs.  We look for new ideas from around the world and past classes have included entrepreneurs from the UK, India and China.  Our entrepreneurs will work together for the summer in our space in central Philadelphia.  The program is structured around a ten-week curriculum designed to optimize each project's business model and prepare the entrepreneurs for presentation at the GoodCompany Investor Forum in mid-September.

GoodCompany Group is proud to maintain the Ventures accelerator as the only national incubator program that does not charge fees or take equity from its participants.  GoodCompany Group is a non-profit supported by the venture capital community whose members underwrite the costs of the program. 

Applications will be evaluated on a rolling basis through our Early Decision Deadline of April 30th. For more information about the program and the application process, please visit www.goodcompanygroup.org.

About GoodCompany

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.

For more information, please contact:

Zoe Selzer Executive Director
Phone: 608.658.4181
Garrett Melby Managing Director -- Ventures Program
Phone: 484.343.0784
Twitter: @garrettmelby


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