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A new Philadelphia-based “venture-style incubator program” is being formed for socially-conscious entrepreneurs. The program is called GoodCompany Ventures.
The press release elaborates further:
GoodCompany Ventures, a team of social finance investors and start-up experts, today announced the launch of a business incubator targeting entrepreneurs with innovative solutions to unmet social needs. The program will provide facilities, mentoring and access to a network of capital sources to qualified entrepreneurs whose business models offer investors an attractive mix of financial return and social impact. The program will culminate in a venture fair where companies will pitch their ideas to investors.
Applicants will be recruited nationally via venture capital, social finance, and academic networks. A pool of eight to twelve candidates will be selected to participate in the 2009 incubator program that begins in June.
It’s exciting to see a new accelerator program focused on promoting socially-conscious ventures and even moreso that this program will be based in Philadelphia.
Source: PSU Start Ups Written by Robert Shedd
CONSCIOUS VENTURES 