Wednesday, April 15, 2009

GoodCompany Ventures

Came in through a Fuqua student

-Howie


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  My name is Jessy Joyce Nadar and I work with GoodCompany Venturesa unique incubator for businesses with social impact that has just announced a "call for applications" for the summer 2009 cycle.

 

     GoodCompany Ventures catalyzes start-ups with innovative solutions to big, unmet social needs. GoodCompany entrepreneurs get a great place to work, a community of like-minded entrepreneurs, and access to a network of capital sources and expert advisors.  We champion models that offer investors both financial return and social benefit.

 

     Entrepreneurs accepted into the program receive extensive training and mentoring over a nine-week period, followed by a venture funding fair. Unlike other incubators, we do not extract an equity commitment from entrepreneurs, but expect a commitment of time and effort toward building a community of social entrepreneurship.

 

     This new program was founded by Resources for Human Development, Inc (RHD), an innovator in social finance with a successful track record in social enterprises; Murex Investments, a "double bottom line" equity fund backed by leading financial institutions; and leading entrepreneurs and executives such as:

·         Garret Melby, Founder, Iolite Innovation Fund

·         Dr. Shoshanna Loeb, Chief Scientist and Executive Director, Telcordia Technologies

·         Sidney E. Amster, co-Founder and Partner, Phase II International; Clinical Professor, Temple University 

     GoodCompany Ventures is currently recruiting dynamic entrepreneurs in a variety of industries, with particular interest in clean-technology, education, technology and other industries with integral social impact.  The application is open until May 15, 2009, with a rolling admissions policy.  The first acceptances will go out on May 1st.

     I think this would be a useful piece of resource for your readers. Enclosed is a press release with more details on the program. There is plenty of general information such as timeline, application criteria, etc available on the site, but if you have any questions, please do not hesitate to ask.  You can reach me at jessyjoyce@temple.edu or 510-648-9314

 

Thanks and take care!

 

Jessy Joyce Nadar

GoodCompany Ventures Fellow

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