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. ……”