October 05, 2009
In This Issue GreenBuzz
  » The Latest News: Staples Aims for Greener Paper Supply, Abbott Ditches Coal and Oil, and More
  » Featured News: The Secrets to Getting Your Green Business Funded
  » Expert Insight from the GreenBiz Blogs
  » GreenBiz Radio: Marcal's Deep Green Roots
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THIS ISSUE'S SPONSOR


Taking Care of Business

By Joel Makower

We're blessed with a large and diverse audience that includes most Fortune 500 companies along with thousands of smaller firms -- more than a few of which are start-ups seeking funding. Which is why I am grateful to Anna Clark for her advice-rich feature, The Secrets to Getting Your Green Business Funded. In it, she probes venture capitalist Bryan Korba for inspiration and insight into how start-ups get funded, at least by VCs.

The bottom line, you may not be surprised to hear, is that green startups aren't treated any different from non-green start-ups, at least from an investor perspective. Which makes sense: Only a small handful of investors are willing to discount their expectations or lower their standards because of a company's social mission. (There is, however, a fine group of "patient-capital" investors that fund values-driven companies that could take longer to become profitable than is acceptable to conventional investors; the Investors' Circle is one such group.)

In the end, any startup, green or not, has to have some fundamental qualities: a good idea, ideally with some intellectual property or "secret sauce" that will ward off competitors; a management team that knows how to build and run a company; a rock-solid understanding of the targeted market (business plans that make broad claims like, "Our market is all 85 million LOHAS consumers" usually are among the first to get dumped); and a demonstrated understanding of what it will take to get from business plan to market.

Anna's piece offers lots more advice: eight investor turn-offs, nine key points to cover in a business plan; six things to keep in mind when you first get funded; seven key characteristics for a start-up CEO; and more. Check it out.

Green Marketing Webcast: The response to our upcoming webcast, The Green Marketing Landscape: Ratings, Labels, and Certifications, has been overwhelming -- so much so that we may have to close registration soon. If you're interested in learning the latest insights into how to ensure that your products and claims are on the mark -- quantified, verified, and communicated ethically and effectively -- this is for you. It promises to be a rich hour. Did I mention that it's free?

Coming up: Next week, we'll be launching an innovative new monthly index on green consumer confidence. Stay tuned!



   The Latest News
Steelcase and Whirlpool Emerge as Sector Climate Leaders
By ClimateBiz Staff

When it comes to addressing climate change, including measuring and reducing its carbon footprint, Whirlpool leads the pack in the large appliance sector, according to a new analysis. Similarly, Steelcase leaves other furniture makers in the dust for sharing its efforts to measure climate change impacts with the public and setting clear goals to reduce its energy use and emissions.... Read More



Abbott Shifts to Green Power From Coal and Oil

Intel, Shaklee, Applied Materials Among California's Top Green Power Buyers

Strategies and Tips for Creating Green Jobs Unveiled in New Report

Ford Goes Lightweight With Alternative Materials

Staples to Green Its Paper Supply with Rainforest Alliance Partnership

IBM's Data Center Remodel Saves 98 Percent of Costs, Boosts Capacity 8x

Nike Quits Chamber of Commerce Board Seat Over Climate Policy

EPA Calls for Chemical Law Reform, More Responsibility on Companies

Whirlpool: One Million 'Smart' Clothes Dryers by Late 2011


   Featured News
The Secrets to Getting Your Green Business Funded
By Anna Clark

Financing is the most significant hurdle to getting a green idea off the ground. Venture capitalist Bryan Korba offers an insider’s perspective on what VCs are looking for, how not to look like an amateur, and what to do with the money when you get it.... Read More


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   GreenBiz Radio
Marcal's Secret Deep-Green Roots
By Marc Gunther

Tim Spring, the CEO of a company that makes all its products from 100 percent recycled stock talks about how a firm that was green 'before Greenpeace bought their first rubber boat' is adapting to increasing customer and retailer acceptance of green issues.... Listen


Sponsored Content

Free webinar: Climate legislation and its implications for your business


Join TerraPass and panelists from ICF International, the Climate Action Registry and Expedia.com to explore the continual evolution of climate legislation, its implications for your business, and what actions you can take today.
   Columns and Blogs
Marc Gunther
A Look Inside the Most Sustainable Company on Earth
> Read more...
Andre de Fontaine
Six Keys to Running an Efficient Green Business
> Read more...
Joseph Fiksel
The Four Facets of Next-Gen Environmental Design
> Read more...
Conrad MacKerron
Apple's Greenhouse Gas Reporting is a Welcome Step Forward
> Read more...

      FEATURED RESOURCES

12 Steps to Sustainability

This report from Kanal Consulting focuses on practical ways that organizations can implement sustainability to improve the bottom line and the environment. 

Confessions of a Radical Industrialist

The latest book from Interface founder and chairman Ray Anderson offers tips and insights from what is arguably the world's most forward-thinking and sustainability-minded mainstream company.




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FEATURED EVENT
The Green Marketing Landscape: Ratings, Labels, and Certifications
Date: Thu, 15 Oct
Location:

How can companies ensure that their messages comply with legal requirements, customer expectations, and effective marketing strategies? Join a conversation among a panel of experts moderated by GreenBiz.com executive editor Joel Makower, including Stephen Wenc, president of UL Environment, and Suzanne Shelton, president of the Shelton Group, and Brooks Beard, a partner at Morrison & Foerster, about the ins and outs of green marketing effectively and legally in today's marketplace. 





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