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Business Network News
August 18, 2008
Physic Ventures Raises $159 Million
Physic Ventures, a San Francisco venture firm, exceeded its fundraising goal of $150 million, pulling in $159 million to invest in consumer product companies focused on healthy living. The firm was successful in large part by bringing in top-tier investors including Pharmaca Integrative Pharmacy Inc., Elixir Pharmaceuticals, and Novomer. Managing Director of Physic Ventures, William Rosenzweig will speak at the San Francisco Green Business Conference November 12-13.
Register for the conference »
Al Gore and Green For All on Green Economy
Vice President Al Gore has challenged the United States to transition to 100% carbon-free electricity within the decade. The nation’s success however, is dependent upon the support of Congress to fund an inclusive, green economy. Green For All is strengthening the call for action by urging Congress to begin fully funding the Green Jobs Act.
Melissa Bradley Burns, Green America board president and chief strategist for Green for All will speak at the upcoming Green Business Conference on the status of the Green Jobs Act and how green businesses can play a critical role
Read more on Gore’s speech and the Green Jobs Act»
White Dog Café a Green Role Model
Philadelphia’s White Dog Café has been selected by The Wallace Center at Winrock International and the Training and Development Corporation to be profiled as a part of their project Community Food Enterprise Local Success in a Global Marketplace. The project features successful models of local food ventures around the world and why their success is so important to the health and well-being of our communities and economy.
Forbes features GBN members for a Second Year
Honeywear, Jimi Products and Kvale Good Natured Games have been selected as the 20 semi-finalists in the Forbes.com “Boost Your Business” competition. The general public will now have the opportunity to view the 20 “elevator pitch” videos along with their business plans—and vote for their top candidates. Last year, GBN member Recyline was a winner.
Support the Green Business Network™ members with your vote »
NAU Returns
Horny Toad, a California-based active wear company will purchase all of NAU’s remaining assets. NAU closed its doors last May to an extraordinary outpouring of support and disbelief. Under the terms of the deal with Horny Toad, NAU will be part of Horny Toad, but its line of products/brand name will remain independent.
Green Exchange on ABC’s Go Green
Green Exchange, soon to be Chicago’s one-stop green shopping center was featured on Go Green with ABC 7. The Green Exchange building will feature a state-of- the-art green roof, solar thermal panels, and extensive recycling system. The program focused on Chicago’s environmentally responsible businesses and what Chicagoans are doing to reduce their carbon footprint. Phil Baugh of Green Exchange spoke at the 2008 Green Business Conference.
The 2009 Chicago Green Festival and Green Business Conference are scheduled for May 12- 18.
Hear the segment »
Financing Renewable Energy
New Generation Energy announces the launch of its Renewable Energy Investment Notes (REIN) which will allow individuals, businesses and foundations to directly finance the creation of renewable energy and energy efficiency projects. A first in the US, REIN’s are fixed interest and fixed term, ranging from $1,000 to $1,000,000 plus. Proceeds from the sale of REINs will be used to fund wind, solar, biomass, geothermal, and other renewable energy and energy efficiency projects.
Learn more »
Organic Bouquet on the Sundance Channel
Organic Bouquet was featured on the Sundance Channel’s The Green ECO BIZ series, which profiles the people and businesses working to incorporate the triple bottom line into their business practices.
Learn more »
Eco-Bags featured in Time
Eco-Bags was featured in the July 28th edition of Time Magazine. The article highlighted founder Sharon Rowe’s innovation and vision as a green leader having launched the company 20 years ago. Eco-Bags had 300% revenue increase in one year and anticipate the doubling of revenues this year. Sharon will be addressing growth and sourcing at the San Francisco Green Business Conference.
Register for the Conference »
TS Designs offers new Organic ProTura T-Shirts
TS Designs is offering ProTura cotton, a fabric “pre-charged” to accept dyes, thus continuing the development of cutting-edge technologies that TS Designs has introduced to reduce the amount of chemicals, energy and water used in the conventional dying methods.
Visit TS Designs »