Published 12-01-04
Submitted by World Resources Institute
WRI, a Washington D.C.-based environmental think tank, convenes the forum to provide a venue for innovative businesses to showcase themselves to international and regional venture capitalists and individual investors in order to facilitate the transfer of venture capital to sustainable enterprises. The winners, selected from among 12 finalists, are:
Luiz Maia, CEO, Asset Management, ABN AMRO Banco Real said, "We are very proud to be supporters of New Ventures Brazil. The forum was a tremendous success, with dynamic panels and participation of all the main players in Brazil's sustainable investment community. The 12 finalists demonstrate great potential and we are eager to see them continue to grow and succeed."
During the November 29-30 forum here at Fecomercio in Sao Paulo, the other finalists presenting were A7 Brasil, CHIC é ser consciente, Eletra Industrial Ltda., Eólica Industrial Ltda., IGF Industrial Ltda., Organic Life, ÓXIL Reciclagem de Plásticos Ltda., Planeta Vivo Comércio de Recicláveis Ltda., and Primar. In addition, Alvaro Gonçalves, President of the Brazilian Association of Venture Capital (ABCR), delivered the forum's keynote speech on November 29.
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 WRI and the Center for Sustainability at Fundação Getulio Vargas. For more information, reporters can visit www.new-ventures.org.br.
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The World Resources Institute (www.wri.org/wri) is an environmental research and policy organization that creates solutions to protect the Earth and improve people's lives.
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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