Call for food-related social entrepreneurs

See below for a request from a friend of mine at Wharton who’s looking for exciting Food & Nutrition social enterprises:

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This year, Wharton Social Venture Fund (WSVF) is participating in an exciting initiative sponsored by a new domestic impact investing fund that Brian Trelstad, former Chief Investment Officer of Acumen Fund, is launching in the coming months. As part of this initiative WSVF is working with other top MBA programs to find the most promising and innovative social enterprise startups in the country.  Companies selected through this process will be presented to an investment committee of leading impact investors, and the top company will be considered for a $50,000 investment as part of an existing fundraising round.

What are we looking for?

Eligible businesses should meet the following criteria:

  • US-based company with a clear social mission, serving a US-based customer market
  • Seed to early stage, seeking funding to grow
  • Has a clear plan to reach financial profitability
  • Provides a critical good or service in one or more of the following sectors:
    • Food and Nutrition
    • Health and Wellness
    • Education
    • Sustainability and Clean-Energy
    • Financial Services
  • Currently raising  $100,000 to 1 million in equity funding to further growth

What’s in it for the entrepreneurs?

Companies that enter the WSVF screening and due diligence process will:

  • Potentially receive feedback on the business plan from WSVF members and our investment committee made up of Wharton professors and outside investment professionals
  • If advanced in the process, the opportunity to interact with and get feedback from Brian Trelstad, former Chief Investment Officer of Acumen Fund, and other professionals in the impact investing space
  • Become eligible to receive $50,000 in funding from the new domestic fund this April 2013

Next steps

Interested parties should complete a short questionnaire on our website ASAP at http://whartonsocialventurefund.org/get-involved/entrepreneurs/.

About Wharton Social Venture Fund: http://whartonsocialventurefund.org/about-us/inside-wsvf/

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About Michelle Paratore

Management consultant obsessed with food justice, food politics, food start-ups, food sustainability, and eating food too...
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2 Responses to Call for food-related social entrepreneurs

  1. Learn More Here says:

    Thanks meant for supplying many of these superb subject material.

  2. Wish I’d read about this one a little earlier!

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