Saturday, September 01, 2007

Got a Green Idea?

If you have a green idea or know of someone who has one, there's good help available! By green here I refer to Eco-friendly and sustainable ideas.

During event I met AnilKumar Gade, an executive with New Venture India fund of CII. Confederation of Indian Industries (CII) has setup 'New Ventures India' fund a couple of years back to fund promising and sustainable green ideas.

A quick glance at the list of companies currently supported by this fund shows some interesting ideas getting implemented. The one that caught my immediate attention was BK Edible Innovations, a company working on edible cutlery. Yeah, that means soon you will get spoons and plates that you can eat right after your favorite meal! That would save a lot of environmental waste. It'll also considerably reduce the garbage disposal challenge.

A quote from the fund's website (

New Ventures supports sustainable enterprises by accelerating the transfer of capital to outstanding companies that incorporate social and environmental benefits. By providing sound investment opportunities in emerging economies, New Ventures demonstrates that investing in sustainable enterprises makes good business sense.

Also, they are hosting an event Investor Forum 2007 in Mumbai on 16-17 Nov, 2007. It's a typical event for investor's and entrepreneurs to buy and sell green business ideas.

For more details,

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