Green companies seek potential backers in investment forum
February 2010
Zino Society is an angel investment group based in Seattle, pictured above, which has provided over $14.2 million in angel financing for early-stage and expansion businesses.
Fifteen Northwest companies will vie for a $50,000 guaranteed investment award when they present their green concepts and sustainable products, services and technologies to prospective investors at Zino Society’s green investment forum.
The society will hold its forum in Portland on February 24 and in Seattle on March 4.
The participants will present a five-minute pitch and then answer questions from the panelists, namely Christina Williams, editor of Sustainable Business Oregon; Dean Allen, chief executive of McKinstry; Chris Ulum, chief executive of Plas2Fuel Corporation; and Steve Reynolds, president and chief executive of Puget Sound Energy.
The award will be given to the company deemed the best investment opportunity in the areas of clean technology, energy efficiency and sustainable products and services.
Last year, the $50,000 GreenFund award was given to Hydrovolts Inc., the developer of a hydrokinetic turbine. The company went on to win the 2009 Clean Tech Open National Sustainability Award.
Hydrovolts will also participate in this year’s forum, along with Lagotek Corporation, Canvas Solutions Inc., BioXcelerator Technologies Inc., EMME, KersTech Vehicle Systems, Environmental Energy & Engineering Company, Building Runner, G.R. Green Building Products Inc., AmeriStar Solar Tracker, Virticus, Zebigo.com, Eco Carpet Inc. and SengWare.
These companies are either in their early stages or are seeking to expand capital by $250,000 to $5 million.
"We expect a good turnout in both Seattle and Portland because there are strong angel investment communities in both locations and the Northwest is known to be passionate about the environment," said Cathi Hatch, founder and chief executive of Zino.
Zino Society is a Seattle-based angel investment group and has provided over $14.2 million in angel financing for early-stage and expansion businesses.
- Nuel Navarrete
Read the original story at http://www.ecoseed.org/en/general-green-news/green-business-news/green-business-news/6200
