Published 11-24-04
Submitted by World Resources Institute
WHAT: New Ventures Brazil Investor Forum
The World Resources Institute's New Ventures Brazil program provides Brazilian businesses with a venue to showcase themselves to international and regional venture capitalists and individual investors in order to facilitate the transfer of venture capital to sustainable enterprises.
WHEN: Monday, November 29, 2004 to Tuesday, November 30, 2004
WHERE: FECOMERCIO, Rua Dr. PlÃnio Barreto, 285 - Bela Vista, Sao Paulo, Brazil
WHO: Three top enterprises will be selected from among the finalists: A7 Brasil, local electronic waste reselling
CBTAG, biogas energy from animal waste
CHIC é ser consciente, sustainable clothing and accessories
DryWash Indústria e Comercio Ltda., waterless car cleaning
Eletra Industrial Ltda., hybrid electric traction
Eólica Industrial Ltda., aeolian turbines
IGF Industrial Ltda., clean polyurethane-based products
Mar & Sea Pescados, fresh organic fish production
Organic Life, certified organic soy-based products
ÓXIL Reciclagem de Plásticos Ltda., plastics recycling
Planeta Vivo Comércio de Recicláveis Ltda., solid waste
Primar, sustainable aquaculture
Alvaro Gonçalves, President of the Brazilian Association of Venture Capital (ABCR), will deliver the keynote speech on November 29. Finalists will present their business plans later that afternoon. Winners will be announced during lunch on the afternoon of November 30.
WHY: After four years of operation, New Ventures entrepreneurs have attracted more than $10 million in total investments in countries such as China, Brazil and Mexico.
New Ventures Brazil is a collaborative program of the World Resources Institute (WRI) and the Center for Sustainability at Fundação Getulio Vargas. For more information, reporters can visit www.new-ventures.org.br.
The World Resources Institute (WRI) is an environmental think tank that goes beyond research to find practical ways to protect the earth and improve people's lives. Our mission is to move human society to live in ways that protect Earth's environment and its capacity to provide for the needs and aspirations of current and future generations. Because people are inspired by ideas, empowered by knowledge, and moved to change by greater understanding, WRI provides—and helps other institutions provide—objective information and practical proposals for policy and institutional change that will foster environmentally sound, socially equitable development. WRI organizes its work around four key goals:
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