VC fund raising $10M for sustainable businesses in Northwest

| Print |  Email
Must Reads
Tuesday, February 05, 2013

Former ShoreBank Pacific CEO David Williams joined Brock Metcalf at Reference Capital to raise a $10 million fund to make investments in sustainable Oregon and Washington businesses. 

The Sustainability Investment Fund 2012 will take investments as small as $25,000.

It's the third sustainability fund to be raised and managed by Reference Capital, which counts Agilyx, EnerG2 and Celilo Media among its portfolio companies. The first two funds were $2 million each.

Williams said one quarter of the new fund would be invested in early stage companies with half going toward growth stage companies and another quarter designated for companies in transition. The fund will invest in what Williams likes to call "indigenous" businesses — companies with an inherent reason for being located in the Northwest — with a particular focus on businesses solving environmental and energy problems.

Read more at Sustainable Business Oregon.

{biztweet}sustainability investment fund{/biztweet}

 

More Articles

Tackling the CEO-worker pay gap

January-Powerbook 2015
Thursday, December 11, 2014
BY OREGON BUSINESS STAFF

An SEC rule targets the disparity between executive and employee compensation, reigniting a long-standing debate about corporate social responsibility.


Read more...

Labor Pains

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN

Thinking about starting an internship program? Be careful. Navigating unpaid internships can be tricky.


Read more...

4 married couples who work together

The Latest
Thursday, January 22, 2015
IMG 0020BY JACOB PALMER | OB DIGITAL NEWS EDITOR

They say maintaining a healthy marriage takes work. So does running a business with your spouse.


Read more...

Corner Office: Steve Tatone

January-Powerbook 2015
Saturday, December 13, 2014

Seven tidbits about the president and CEO of AKT Group.


Read more...

Dan and Louis Oyster Bar opens up to a changing neighborhood

The Latest
Thursday, December 11, 2014
121114-oystervidBy MEGHAN NOLT

VIDEO: Revamping a Classic — an iconic eatery stays relevant in a changing marketplace.


Read more...

Top stories in 2014

The Latest
Thursday, December 18, 2014
10-listthumb

2014 was a year of wild contradictions, fast-paced growth and unexpected revelations.


Read more...

LEED for weed

News
Wednesday, January 28, 2015
012815-potcarbon-thumbBY LINDA BAKER | OB EDITOR

What is the impact of the legal pot industry on carbon emissions? An NEBC energy forum breakfast makes the case for taking the new industry’s emissions impacts very seriously.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS