The World Resources Institute is starting a venture capital fund, New Ventures, to help sustainable businesses in Latin America. They will distribute US$100,000 to the three
best environmental companies in six sectors: sustainable agriculture, sustainable tourism, sustainable forestry (certified wood and non-timber forest products), renewable energy, eco-innovation (including product innovations and original technologies for cleaner production), and information technology (digital applications for sustainable development).
Twenty finalists will receive advanced mentoring services and 50 semi-finalists will receive services to improve their business plans. Finalists will be invited to participate in the first Latin American Environmental Investor Forum which brings together early- and mid-stage environmental companies with institutional, individual, and corporate investors. Companies will have the opportunity to attract joint-venture
partners, other sources of financing, and meet critical market players in
their sector, including multinational corporations and buyers.
If you would like to submit your business plan or you are an interested investor, learn more at WRI website.
Source: United Nations Association of the USA
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