Austin ranks number three in the country for social impact businesses. “Washington, D.C., and San Francisco ranked No. 1 and 2 respectively, according to the Halcyon Incubator,…….”
The Southwest Angel Network invests in Flow Below, which improves the fuel efficiency and lowers the carbon footprint of long-haul tractor trailer trucks.
The Southwest Angel Network organized an event at St. Edward’s University discussing how Austin can be the national hub for social entrepreneurship. Panel participants includes senior representatives from St. Edward’s, Tech Ranch, Austin+SocialGood, SWAN, Mission Capital and start-up company Aiqueous. Six more companies and Urban Co-Lab had tables in the foyer.
The on-line new source, Built-in-Austin, ran a story on the Southwest Angel Network’s next funding cycle.
The Southwest Angel Network helped judge a business plan competition hosted by Fruition Labs and Urban Co-Lab.
The Austin Business Journal cover story How It Pays To Do Good.
“Investors are clamoring to find startups that cannot just do well, but give back to society while they do business. There’s a difference.
Money pretty much does grow on trees for Abianne Miller Falla and her sisterJennaDee Detro…… “
The Austin Business Journal reported that Socially conscious investing gains momentum in Austin.
“Social-impact investing continues to gain momentum in Central Texas as entrepreneurs try to make nice — while making money.
The latest venture is a crowdfunding portal called Diversity Fund LLC, designed for investments in LGBT and minority-led businesses. Charlie Jackson, the CEO of software maker Acceleros LLC, said he launched the portal to fill a niche that had yet to be taken amid the many crowdfunding platforms in Texas. “
The website Built-in-Austin has a news article on Austin social-impact startup ventures.
“Even in today’s checkered tech startup landscape, most B2C revenue models fall into one of two buckets: Give away something cool and support it with ads or create a marketplace and take a cut of every transaction.
Read the October 2015 Austin Business Journal article on SWAN Impact.
“An Austin entrepreneur is recruiting investors to be part of an angel investor group aimed at backing startups that promote socially conscious causes.
Bob Bridge, previously CEO of InView Technology Corp., is in the early stages of establishing the Southwest Angel Network (SWAN) for Social Impact. ……”