Posts Tagged ‘Rising’
The rising Business
The rising Business
Helloo viewers, my name is ankush muley.Jabalpur is my home town (madhya pradesh).This small article is about The growing business of Emu farming.Emu farming was previously done in a few areas of the southern part of our country.Whenthis business was started the businessmen and farmers had a great risk on their financial positions5, and fortunately they got very good results of this new business.Many of the poultry farmers nd other live stock breeders such as piggery fisheries mushroom farmers nd goatries they all slowly started migrating to Emu farming.Now since d last 3 years we A1 Emu farms have brought emu farming to jabalpur madhya pradesh now.We have started aour farm with 40 top line breeding stock of Emu we have supplied Emu Birds to many of the farmers across the state.cities like bhopal indore jabalpur and villages like katni sagar mandla and many more have started emu farming with 10-50 pairs of Emu.
In India, chicken is the most popular of the poultry species Followed by ducks & quails. Of late, with some popularization through Newspaper write ups, television coverage & Exhibitions, about 250-300 Progressive farmers of Maharastra state have started Emu farming with 25 to 200 pairs in Pune, Thane, Nasik, Akola, Ahmed Nagar, Beed, Kolhapur districts and many more are coming up for guidance and Inquiring about the availability of bank loan for establishment of A new farm or expansion of existing farms. At present more than 10,000 pairs of Emu reared by the farmers in the state. For large scale production of meat oil And skin there is a long term potential for breeding and rearing of more than 75000 Emus. To promote such innovative project activity in the state this can accelerate capital Formation in the rural area. NABARD, MRO, Pune has taken a decision to formulate a Model project for rearing of Emu as there is a increasing demand for such unit in coming Years.
Diversification is the key to success in any enterprisE
We need to Diversify to other species of poultry in order to reap more profits. Considering this let us Discuss about Emu,
breed of bird which attains upto 65 Kg.wt. & 5.6 ft. hight on Maturity.Emu belong to Ratite family of birds & is the third biggest bird species after Ostrich & Cassowary. The birds have small wings & are in capable of Flying. Australia is the place of Origin for the birds.
Emu is a social bird with dark whitish complexion. The birds live in groups & Can thrive under varying climatic conditions ranging 0 degree C. to 52 degree C. These Birds are Omnivorous and eat leaves, vegetables, fruits, insects, worms. They can be feed Modified poultry feed.
It is clarified by the Chief Conservator of forest, GOM, Pune that Emu is an exotic bird and it has not been included in any of the schedules of wildlife (protection) Act, 1972. The provisions of Wild Life Protection Act, 1972 and rules made there under are not applicable for these birds. As such no permission from forest Department is necessary For rearing, farming and selling of these birds.
Present Status
Recognizing the economic importance. Australian Government in 1975 Started domesticating these birds living in Jungles by establishing big farms. This Activity spread to America. France and other European countries in the early eighties. It is reported that there are about 90,000 Emu farms in America and an Emu Association Was established in 1993. The activity has also spread to China, Japan, Malaysia and Korea.
One Emu farm by name Vijaya Ratite Farm (Pvt.) Ltd. Was established by Shri P. Satyanarayana IN Andhra Pradesh in 1996 on small scale. Similarly in Maharastra state Shri.Ganesh Kale& Group introduced 20 pairs of Emu during 2001 &in Baramati Shri. Sandip Taware has established first Emu Farm with 10 pairs in April 2002. He has also established Emu hatchery.
At present There are Four Emu Association in India. One is at Hydra Bad name of INDIAN EMU ASSOCIATION” Mumbai “NATIONAL EMU ASSOCIATION” headed by Shri. Sami Tambatkar. This two association working all India level. And in Maharastra level at Baramati in the name of “Maha Emu Association” headed by Shri. Sandip Taware and another at Pune in the name “Emu Farmer Association”. Headed by Mrs. Chitralekha Mehta. The experience of the farmer has been encouraging.
TECHNICAL PARAMETERS of EMU Bird
The birds reach their full size by the end of 1st year. They grow up to 5.5 to 6 feet With a weight of 40to 70 kgs. Laying period in India starts after 18 to 24 months and Eggs are laid during September to February. Eggs are dark bluish green in colour with a weight of 450 to 700 gms . A bird can lay 20-60 eggs in a season. Incubation period is 50- 52 days and newly hatched bird will be of 6-7″in height. The lift span of the bird is 30-35 years. The productive economic life of the bird is 20.25 years.
ECONOMIC IMPORTANCE (SCOPE)
It is reported that the price of Rs.18, 000/- a pair of 3 months old Birds and the price of Rs.40, 000/- a pair of 15 months old Birds having live body weight each 40 to 50 kg. and the birds are used for table purpose.
MEAT:
Meat of Emu bird is reddish in colour, soft and with less of cholesterol 98% fat free. Emu meat is lower in fat than Chicken. Turkey, Pork & Beef It is the “Super Food of the New Millennium”. The price commands higher price than that of meat from Other birds/animal and is reported at Rs. 300-450 per Kg. The American Heart Association has included Emu meant in its listing of heart healthy meats.
EMU MEAT: 98% FAT FREE – 100% NATURAL
THE HEALTHY RED MEAT
EMU IS A VERY LEAN (98% FAT FREE) RED MEAT SIMILAR TO BEEF IN BOTH TASTE AND APPEARANCE. EMU ARE HIGHER IN PROTEIN, VITAMIN C AND IRON COMPARED TO BEEF; LOWER IN CHOLESTEROL COMPARED TO CHICKEN. EMU GIVES RED MEAT LOVERS WHAT THEY WANT AND HEALTH CONSCIOUS CONSUMERS WHAT THEY NEED. IN FACT, THE AMERICAN HEART ASSOCIATION RECOGNIZES EMU MEAT AS A HEALTHY ALTERNATIVE TO BEEF.
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FEATHERS :
Feathers are soft non allergic / anti static, beautiful double quilled and are used In hats, dresses, computer and car cleaning brushes and household decorative items. About 400 to 600 Gms of feathers would be available from a bird and each bird would Fetch about Rs. 200/- at present.
SKIN :
The skin is very thin, soft and strong. Price of good quality skin is reported Rs.700/- to Rs.1000/- per Sq ft. and 8-12 sq.ft of skin is available from a well matured bird. The skin is used in the preparations of shoes, bags, belts, purses, jerkins and seat covers for expensive cars. At present raw skin of a matured bird would fetch about Rs. 1000 1200/-.
EGG SHELLS AND NAILS :
The egg shell are used for painting and as decorative items due to deep Blue Colour. Nails are strong and decor able used in artificial ornaments and craft goods.
OIL :About 4-6 a litter of oil is available from a bird which is devoid of any colour taste and odor. At present market prices, the price of one litter refined Emu oil is Rs. 3000/- to Rs. 4000/- The oil is penetrating and is having moisturizing. Analgesic, ant allergic and antiseptic properties. The oil is used in analgesic ointments, beauty creams and lotions, soaps, hair oils, shampoos, perfumes and massage oils. The raw fat/crude oil of Emu fetches Rs.1000 per Kg.
A number of studies have been conducted and are currently being
conducted throughout the world on facts of the Emu oil, including its composition, benefits, applications in different industries and the resulting properties of compounds formulated with the oil.
Traditionally Emu oil has been used for treatment of muscle and joint pains.
Clinical experience with Emu oil has shown that it’s two major benefits are its anti- inflammatory properties and its ability to penetrate the skin. It also appears to provide some solar protection. The penetrating effect appears to be related to its non-phosphorous composition. “Our skin is phospho – lipid deficient. In other words, there is no phosphorous in our skin. If you put anything on your skin that has phosphorous in it, your skin is ‘programmed’ to keep it from penetrating. Anytime you put anything on your skin that is phospholipid deficent, or has no phosphorous, it penetrates right through “. Researchers who have analyzed the oil found that there is a compound in oil that they believe is the key to its effectiveness. This compound molecule is believed to be collagen. Collagen is found in chickens and turkeys in a very diluted form. However, the test result on the Emu show this molecule to be present in an extremely concentrated form.
Research and development of Emu oil using in cosmetics and pharmaceuticals is rapidly expanding. Emu oil has been documented to exhibit the following properties and/or has been used for the following purposes.
Anti – Inflammatory Activity
Moisturising
Cholesterol Reducer
Bacteriostatic
Penetration Enhancer
Signficant epidermal proliferative activity
Non – Comedogenic
Significant wound healing agent
Significantly reduces recent keloid scarring
Appears to promote faster healing of burns with less pain and scarring
Anti – Arthritic Activity
Excellent Emulsifier
EYES :
The bird is able to see up to a distance of 10 meters and its eyes are being used To Replace damages corneas in human beings.
UTILITY :
15 months old Emu broiler weighing 40 Kg. slaughtered for oil, meat and skin etc. The utility is as under:-
Utility
Present market price of produce per unit
43% boneless meat Rs. 300/- to Rs. 450/ Kg.
14% bone meat Rs. 200/ Kg.
5% feather & skin Rs. 200 + Rs. 1000
22% fat Rs. 1000 / Kg (raw oil)
3% leg skin Rs. 500/-
4% neck usable but not saleable at present.
3% blood usable but not saleable at present.
4% waste usable but not saleable at present.
About 96% useable bird
Refined oil Rs. 3000/- to Rs. 4000/- Per Liter.
OUR OBJECTIVES TO HELP ESTABLISH EMU FARMING IN INDIA
To provide financial assistance for establishing of Emu breeding farms.
To provide part time employment or to utilize family labour to earn some livelihood.
To provide employment to educated un employed youths of rural area.
To produce more Emus for meat,oil & skin production in future and alternately to export the produce.
FINANCIAL ASSISTANCE :
Loan from banks with refinance facility from NABARD is available for establishing Emu farm. For obtaining bank loan, the farmer should apply to the nearest branch of a Commercial or Co- operative or Regional Rural Banks in their area in the prescribed forms which is available in the branches of financing banks. The project report should be attached/ enclosed with loan farm. For Emu farming schemes with very large outlays, detailed reports will have to be prepared. The technical officers attached to or the Branch Manager of the bank can help / give guidance to the farmers in preparing the project report to obtain bank loan. A scheme can also be prepared by the beneficiary after consulting local technical
experts or private commercial Emu hatcheries. Consultancy Services of NABARD would also be available for large commercial projects.
BENEFICIARY :
A good practical training for a week and experience on a Emu farm will be highly desirable before starting a farm. If possible, they should visit the progressive Emu farms/ Hatcheries in the area and discuss the technical ability and profitability of farming.
BACKWARD LINKAGES
CLIMATE :
Emu is a social bird and can thrive under varying climatic conditions ranging 0° F. to 100° F. The climate suitable for poultry farms is also suitable for Emu farming.
AVAILABILITY OF EMU. PAIRS :
In Maharashtra there are private Emu hatcheries supplying the Emu pairs of different age groups i.e. 3 months, 6 months, 12 months and 15 months old. The detail addresses of hatcheries are as below:-
AVAILABILITY OF FEED :
Poultry feed (layer) can also be fed to Emu. In addition to poultry feed mineral mixture and shell/ stone grit can be given. Sprouted desi Chana and Methi can also be fed during layer season. During summer season chopped vegetables like cabbage, carrot, beetroot, etc. can also be fed.
AVAILABILITY OF VETERINARY AID :
Like poultry chlorinated water should be given to Emu birds like Poultry. Deforming should be done twice in a year at an interval 6 months.
TRAINING &EXPERIENCE :
Training on Emu farming is given on above farms for 3-5 days. During training these farms supply all technical information in the form of books/CDs/booklet/palplet etc.
AVAILABILITY OF SHED,BREEDING PENS AND RUN-OFF AREA :
The detail specification along with cost proposed is given EMU FARM PROJECT broacher Low cost shed and building material locally available can also be used to lower the cost of housing.
AVAILABILITY OF EQUIPMENT :
Water, feeders & egg trays are required. Low cost equipment locally available can also be used.
FORWARD LINKAGE:
SALE OF EGGS :
At present both the hatcheries mentioned above are purchasing eggs @ Rs.1000/-to 1200/- each or on the basis of chick borne @ Rs.1200/- per chick.
SALE OF MANURE AND EMPTY FEED BAGS :
Manure can be applied on own farm or can be locally sold to other farms. Like poultry manure, Emu manure is also good for fruits and vegetable gardens. Empty feed bags are sold in local market @ Rs. 4-5/- each.
LENDING TERMS – GENERAL :
PROJECT COST :
One model of 50 pairs Emu have been formulated. The total project cost including fixed cost and recurring cost up to the income generating stage (21 months) has been worked out to Rs. 24.78 lakh.
MARGIN MONEY AND BANK LOAN :
Minimum 15 % of down payment has been considered to be collected from the beneficiaries and maximum 85 % of total financial outlay is considered as bank loan.
TFO : Rs. 24.78 lakh.
Margin Money : 15 %
Bank Loan : 85 %
WORKING CAPITAL :
If required by the farmer, financing bank may asses the same and sanction accordingly. It may require for commercial ventures only. Here in this case we have already capitalized 21 months recurring expenses and so there may not be a need for further W.C.
INTEREST RATE :
The rate of interest shall be decided / fixed by the concerned financing bank to the ultimate beneficiary. In this case for calculation of cash flow and repayment we have assumed an interest rate @ 12% per annum.
SECURITY :
a) Will be as per RBI guidelines issued from time to time.
b) Insurance: Bank may ensure that the borrower takes insurance of assets created out of
a bank loan including insurance of Emu birds.
REPAYMENT OF LOAN :
The repayment period depend upon the gross surplus generated in the project. The loan will be repaid within 7 years including first year as grace / moratorium/gestation period in suitable monthly installments (6/year) during October to march only.
CONCLUSION :
Emu farming offers great scope & potential because of its supplementary income additional employment & simplicity in operation .Efficient emu development can be Achieved by promotion of small units in villages through a gamut of functions like Dissemination of information & technology, making various inputs & organizing training Sessions for farmers on this subject.
After going through the forgoing paragraphs and from subsequent annexure it is Concluded that the captioned proposal is found to be technically feasible and financially Viable.
Biosecurity measures to be taken in Emu Farming / breeding as suggested by
Commissioner of Animal Husbandry, Maharastra State
a) The farm should be ideally placed and away from the population and is blosecured
b) The housing should be proper will adequate brooding facilities.
c) There should be a separate workers team, who should not be allowed to get mixed with other workers.
d) There should be separate dress code for the workers.
e) Proper dis-infection procedures / foot dips etc., should be maintained.
f) The quarantine sheds should be separate and away from other sheds.
g) The other birds (parent, commercial or pure line etc.) and pets should not be reared/allowed to enter the same farm.
h) The brooding space should be optimum.
i) There should be provision of showers, change over and dips.
j) Proper records should maintained.
k) There should be scientific facility for disposing off / destroying the bedding / dead Birds etc.
l) The equipment are proper, properly disinfected and separate
m) The farm should have a water sanitation system.
n) Water source should be tested for mineral , bacterial , chemical , contamination and pathogen load.
o) Proper storage of feed to prevent contamination should be made. The water quality should be checked periodically and if contamination is seen it should be treated with any sanitizer.
p) Routine disease monitoring procedures like postmortem examination of dead birds and periodic sera antibody assay is recommended.
Ankush Muley
jabalpur
for details contact
ankush muley-09302977776
chandrakant bawse-09766309220
Article from articlesbase.com
Women Entrepreneurs: Rising Sun of the Era
Women Entrepreneurs: Rising Sun of the Era
Women Entrepreneurs: Rising Sun of the Era
In this rat-racing world of today, women are getting empowered as fast as a change in a fad. The silos of the work field are being broken by the women heading everywhere in this so-called men-dominant world of yester-years. Now it is the era of new women, who are proving their mettle in all fields, diluting the water-tight compartments of the areas of professionalism being men- or women-oriented.
There was a time when women were perceived as only home-makers, but with the changing trends and our movement towards 21st century, it is becoming crystal-clear that they can be fortune-makers for an organization too. Recent findings have shown that the number of firms owned by women has grown twice the rate in the past ten years. Infact “Women business-owners are significant players in the nation’s economy and their momentum shows no signs of slowing down.”
More and more women are becoming entrepreneurs these days because they see the attractiveness that a home-based business has to offer them in terms of freedom and flexible working hours. No longer having to work hours dictated to them, women entrepreneurs have more time to spend with their families and to bring up their children. They enjoy more varied and meaningful tasks in their business, without the limitations and stresses associated with the glass-ceilinged corporate world.
Are Women Leaders in Demand?
Business is Business! That’s what they say! But is there any particular way a business has to be done? Partly yes and partly no. Partly yes because there isn’t any particular way we wouldn’t have learnt and tried to master it. And partly no because continuous change in technology and vast amount of information is making it much more challenging, and demands something new every time. Add to it the global competition, business is never the same. As somebody said, “You never cross the same river more than once.” Always there are new waters in the river, so there are new challenges and new people in business every time.
So evolving is the new concept of knowledge worker, and the problems of attrition have shifted the focus of organizations to the women as future workforce, especially as knowledge workers. Obviously, there are many examples where a woman has reached to the top, like Indira Nooyi, CEO of PepsiCo, and many more. So organizations have started seeing women with a new hope, they are taking-up women of ability, pairing them with men of ability, to make the best organization and a profitable one too.
The truth is that successful business is led by people of experience with specific business skills and the right mind-set. This is why we must develop women managers further through learning experiences, coaching and training that ensures the results a corporation needs to obtain highly skilled women leaders.
Here are some reasons why we need more women as leaders in business: -
Women, on average, are terrific communicators and tend to be better at it than men. It’s the information age and it’s highly competitive. Global business will require expanding business networks. Women are natural net-workers. Diverse view-points can result in better, more creative solutions to business issues. Both women and men are needed to address business issues effectively. Keeping a talented knowledge worker will require relationship strategies. Women instinctively care about building relationships which is why they tend to gravitate toward jobs where building relationships is a major component such as Marketing or HR.
The list may go on and on, and now the women will be the rising sun of the era. The women entrepreneurship is just one stance of women empowerment, more examples are yet to be set. So wishing all the women the very best of their life, we hope to have a world that is more respectful towards women.
As is rightly said, “Well Begun is Half Done.”
Women in industrial research A report from an independent high – level expert group underlines the need for the full participation of women in industrial research. The implications for innovation include the drawbacks of inadequate female input into research, design and marketing, and the reasons why women entrepreneurs are a very rare breed.
The high level group on women in industrial research, appointed by the European Commission’s Research DG, concluded in January 2003 that the under- representation of women in science is hindering the aims of the European Research Area. The group focused on industrial research since the EU target is for about two- thirds of R&D investment to be financed by industry by 2010. By that date, Member States’ investment in R&D should, according to the Barcelona European Council, approach 3% of gross domestic product.
The group, chaired by Professor Hula Rubsamen- Waigmann, was alarmed that the average proportion of women in EU industrial research (14.9%; range 9-28%)is less than half that in universities and research institutes, and that they are awarded a tiny minority of patents. Childcare and other services are essential to allow highly qualified women to remain active in research careers; but their provision varies widely. Social pressures on women to be full-time mothers (or lack of recognition of the value of career women) are important too. If a real difference is to be made by 2010, concerted actions are needed at EU, national and regional level.
Women Entrepreneurs
Over the past 20 years the number of women who are self – employed or running their own business has increased substantially. Women- owned businesses are still a minority, but many more are co owned by men and women.
Women owned firms are concentrated mainly in the service-sector. Rubsamen-Waigmann says that a major factor here is the availability of venture capital. “Women start business with capital from informal sources, ask for less and have a harder time raising venture capital in sectors where high initial investment is needed. In the service sector you can start with a small amount and grow slowly, but business are more sustainable.” This, she believes, is another reason why co-owned companies are often successful, because they mix an element of risk- taking with an element of caution. The reports highlight the need to raise awareness among venture capitalists of the value of women entrepreneurs. Less than 5% of the current bn venture capital pool in the US is awarded to women- owned firms.
How women entrepreneurs can drive growth fast-forward
Women have come a long way in business. Today, they own one-third of all Canadian companies, paying the salaries of nearly 2 million people. The top 100 women entrepreneurs in Canada generate over billion in revenue annually. What’s more, women now own increasing numbers of small and medium-sized companies outside of traditional service sectors, such as biotechnology, robotics and manufacturing.
That’s the good news. On the other side of the coin, according to a study by Industry Canada, over half of businesses run by women entrepreneurs are in a slow-growth stage of development. The majority of women-owned businesses tend to have fewer employees. Women export less and request less financing.
So as a woman entrepreneur, how do you overcome some of these barriers? If your business is a little sluggish, how do you make that vital shift into fast-forward growth? Chic Allison, Partner with BDC’s Consulting Group, who has worked closely with hundreds of women in business, offers some essential advice on how women can build on their strengths.
Assess your growth potential
Businesswomen are more inclined to take measured or calculated risks. But their reticence to risk too much may also create barriers to growth. What can help here? A formal growth potential assessment of your company can actually measure your risk potential. Basically, this involves hiring experienced consultants to do a cost-effective diagnosis of your business to help you see your strengths and minimize weaknesses that could hinder your success. By conducting in-depth interviews with key people in your business, the experts can provide you an outsider’s perspective on your company’s operations and pinpoint challenges associated with your growth.
Make strategic planning a part of your business
Avoid working in a silo. As you may know, women entrepreneurs are often skilled at networking because they’ve worked hard to get into the spotlight. Always focus on personal and professional visibility in the business community at large. Keep in mind that you should be building a strong presence in mainstream organizations. Consider your possible contribution to the local chamber of commerce, lobbying groups and industry-based organizations. Ultimately, being a part of the mainstream business community enables you to strengthen and polish your competitive business skills.
Show your sizzle. Get growth financing.
Although women in business are often well-prepared on paper when seeking financing, they tend to be less assertive when it comes to selling their business strengths.
When you’re looking for financing, remember that you’re there to help the loan officer help you get what you want. Be sure you present a full picture of where you’re going, which means showing that you’re proud of your achievements. Showing confidence in your growth potential is as important as demonstrating the figures.
Break the rules and always innovate!
Innovative companies outperform non-innovative businesses by far in a competitive business world. And women entrepreneurs tend to be naturally creative, want to learn and are open to new ideas. If you’re looking to achieve growth, be sure you’re challenging the status quo in your key operational activities such as human resources and financial planning. For example, you many need to encourage your employees to get involved in the decision-making process, to brainstorm strategic plans and share ideas on working smarter and faster. On the financial front, you should be looking at innovative financing alternatives from your banking partners, for example, that enable you to pursue growth, expand into few markets, develop your people and export. If you feel that you’re not a risk taker, look for financing that provides you flexibility and a comfortable level of cash flow.
Develop your resources from within
Women are born communicators, so to drive your business growth potential, be sure you build a strong learning organization. Encourage your people to take the initiative to develop and support risk-taking. Training your people means appointing mentors and coaches to cement the partnership between managers and employees. Most importantly, be sure you assess the full range of training vehicles readily available today, from Web-based learning to leader-led workshops.
Get the people you need and delegate
As multi-taskers in business and their personal lives, women often have difficulty delegating responsibility. But if you’ve reached a plateau in your business, it may be because you have reached your own personal limits. Remember that you can’t do everything yourself, so be sure to bring in the right talent to help you pursue your company’s growth. Hire people who match your company’s profile and who will help you achieve the growth you need.
Conclusion
“Entering the new Century, I strongly believe that more efforts should be undertaken in order to ensure greater opportunities for women, who nowadays take the main burden of doing most of domestic work, supporting their families financially and morally, and often having not enough time and energy left for doing what they want to do most. I hope that in the 21st century, there will be a just and democratic society, where women and men can participate equally in all aspects of social, political and economic life. I hope, that the civil and political interests of women will be protected, women’s economical independence (support to small business, loans to women entrepreneurs, etc.) will be increased, women’s political participation will be strengthened, discrimination against women (violence against women, trafficking in women and children, etc.) will be eliminated, women’s access to education will be expanded. I think that it is very important for women of diverse countries to consolidate efforts and get more international visibility for the purpose of uplifting the status of women in our communities and, indeed, in the whole world.”
“Harmony of Mankind and Earth.”
C. PAVITHIRA
M.Phil Scholar,
Depatment of Commerce
Periyar University, Salem-11,
C. PAVITHIRA
M.Phil Scholar,
Depatment of Commerce
Periyar University, Salem-11,
Article from articlesbase.com
Rising Trend of Social Venture Capital
Rising Trend of Social Venture Capital
If there’s any indicator of how influential social entrepreneurship has become, take notice of the several hundred eco-capitalists in attendance at SOCAP—a conference where business and social responsibility intersect. The rising trend in impact investing has accelerated in recent years. The pool of socially responsible investment dollars in the United States has now grown to .34 trillion and the second quarter of this year has seen a 12% increase in clean tech investment, a .2 billion upswing.
Though social capitalists are seeing significantly less profits, for them, impact overshadows profitability. As social ventures operate under business plans and financial models, they do need to turn a profit, but revenue expectations are much lower—as social endeavors take more center-stage.
“Many socially responsible investors are under the impression that there needs to be a tradeoff between social impact and financial returns. We believe it’s possible to have both and tradeoff is not always necessary,” said Josh Cohen, managing partner at the VC firm City Light Capital. City Light Capital focuses on early stage, social mission-driven companies with promising financial returns. Their foremost objective is investing with impact. The eco-venture has secured two exits and has interests in an array of social enterprises, from media to education to robotics and surveillance.
Underdog Ventures, a social venture fund, notes conventional VC funding seeks to protect the rights of the private shareholder, while social venture funds prioritize investor values to elevate the welfare of all stakeholders. That means all those involved, from the beneficiaries to investors, are funded based on value and impact. Venture capital firms can influence and hold their portfolio companies accountable through investment dollars.
City Light Capital is amongst many venture capital firms funding and influencing the new business model—one in which social compassion, accountability and profitability intersect to create impact. “Much like cleantech five years ago, impact investing is a…
To read more about the social venture capital trend, go to Sparxoo, a digital marketing and branding blog.
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