(3BL Media / theCSRfeed) August 16, 2011 - Finding the next ZipCar
Hundreds of applicants have applied to present their business pitch in hopes of raising between $250,000 and $3,000,000 from a group of over 150 investors attending the Investors' Circle Fall 2011 Venture Fair this October 27th in Philadelphia. Attendees don't have to be a member of Investors' Circle - but they should be an accredited investor or advisor and, as Nick Flores, Director of Investments and Entrepreneurs Services notes, Looking for the next ZipCar. Companies considered for funding must be able to show, with strong and specific indications, that they are set to make both a profit as well as serious social and or environmental impact. Not only did ZipCar receive funding from IC, other well-known companies like Niman Ranch and Numi Tea raised significant capital with IC as well.
One of the key aspects that differentiates this venture fair from others is that the investors go directly into a restricted ro