SAN FRANCISCO, CA and LONDON, UK - March 20, 2009 - Hub World, a global network of spaces for people creating social change, has entered into a collaboration to bring its model to San Francisco. A new local operating company will expand the concept throughout the Bay Area with backing from Good Capital, a social venture capital firm, and Social Capital Markets Media, which produces the SoCap conference, along with a small circle of angel investors.

The Hub organization exists to promote physical platforms that fuse workspaces, meeting spaces, galleries, events and relaxation spaces, with on-line and face-to-face support structures and tools for social innovators. Hub World currently has more than a dozen sites up and running on four continents: from London to Amsterdam, Johannesburg to Sao Paolo. These sites bring communities of entrepreneurs, funders, activists and thought-leaders together to share workspace, convene events, and collaborate to change the world for the better.

The first U.S. site will be located in the San Francisco Mission District and is scheduled to launch in Fall 2009 (possibly as early as the SoCap09 conference from Sept. 1-3). In additional, the local team and Hub World are discussing further collaboration in terms of a potential roll-out of sites around the U.S.

"We are thrilled to be working with the people from Good Capital and SoCap, and the stellar team they’ve put together," said Jonathan Robinson, co-founder of the Hub organization. "We have known them for years and are impressed at what they have accomplished at the forefront of a new kind of investing, and at the way they have been able to convene and build strong community."

Good Capital manages a venture fund that provides expansion capital to social entrepreneurs to help their businesses and their social impact go to scale. It is incubating the new operating company for the Bay Area alongside Social Capital Markets Media (SoCap), which produces the leading conference on social venture investing in the world, attracting 635 people from 26 countries and six continents last Fall.

"Bringing the Hub concept to the Bay Area and beyond is a natural extension of what we are already doing," said Kevin Jones, a founder of both Good Capital and SoCap. "We convene many of the people who are making the social capital market happen in an annual conference, but this is where the rubber hits the road every day of the year."

Good Capital and SoCap have assembled an exceptional team to execute the Bay Area strategy and support efforts to expand in the U.S., including Alex Michel as Managing Director and CK Semlani as Chief Development Officer for Strategic Partnerships and National Expansion.

According to Alex Michel, "These locations will provide a home for people who want to see their ideas for change become a reality. Solutions and inspiration will be found here."

"We want to empower social entrepreneurs and help create a nationwide platform where they can interact and collaborate with likeminded people with a common mission to make change in the world," said CK Semlani.

About Hub World (www.the-hub.net)
The Hub organization is a global community of people drawn from every profession, background and culture committed to tackling the world's most pressing social, cultural and environmental challenges. It is a social enterprise with the ambition to inspire and support imaginative and enterprising initiatives for a better world.

About Good Capital (www.goodcap.net)
Good Capital manages the Social Enterprise Expansion Fund, which leverages the power of venture capital to increase the impact of social enterprises. The fund provides growth capital to expansion stage social enterprises that create market-based solutions to inequity and poverty and gives them the tools and guidance they need to scale. In addition, Good Capital actively leads the development of the emerging social capital market. It shares a deep commitment to the creation of a new, informed, and passionate world of investing that strategically moves more capital to good.

About SoCap (www.socialcapitalmarkets.net)
The flagship product of this San Francisco-based events company is the 600+ person annual Social Capital Markets (SoCap) conference, attended by individuals and organizations from 26 countries. Good Capital helped found and incubate this events company in its early days before the first conference, and some of its partners overlap in management.

Good Capital LLC

Good Capital LLC

Good Capital is an investment firm that increases the flow of capital to innovative ventures creating market-based solutions to inequality and poverty. Using a high engagement model, it invests in the most promising social enterprises and gives them the tools and guidance they need to succeed. In addition, Good Capital actively leads the development of the emerging social capital market. It shares a deep commitment to the creation of a new, informed, and passionate world of investing that strategically moves more capital to good.

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