SustainVC

Small Business Saturday is our favorite holiday over at Honeycomb Credit! This year, it’s November 30th, the Saturday after Black Friday and Thanksgiving! It’s a holiday where we step back from the frenzy of sales from the big box stores and support the locally owned businesses in our community. Are you planning to shop local this year? What if you added #InvestLocal to your Small Business Saturday checklist? To celebrate Small Business Saturday in our own way, Honeycomb is waiving all investor fees on our platform this weekend! This year, we’ll have over 70 businesses located from California to New York so you can find your perfect investment match. Check out all of the business live on our platform at honeycombcredit.com

Yesterday, we held our annual Fall Convening at Morrison Foerster's offices in New York. We are honored to have hosted our network of 140+ GPs alongside allocators and friends in the field. We spent the day connecting and collaborating in breakout sessions and plenary conversations focused on topics including public policy, impact measurement, fundraising strategies, and more. As always, a big thank you to our amazing network for an engaging and fruitful convening.

In our latest MFN webinar, Tom Balderston, Managing Partner of SustainVC, shares invaluable insights on how strategic investments can drive significant environmental and social change. Don't miss out on learning from a leader in the field! Watch the video recap here: https://lnkd.in/dRkpSFnf #ImpactInvesting #SustainVC #MFNWebinar #SocialChange #EnvironmentalImpact

Great news this week from the US Department of Energy! The DOE's Office of Manufacturing and Energy Supply Chains is providing $20M in grants to support CleanFiber's expansion. We plan to utilize these funds to expand production of our high performance cellulose insulation, which is made from recycled cardboard boxes, while supporting local economies and protecting our environment. https://lnkd.in/eZSnMeFh

Since I stumbled across this incredible business and woman on Instagram during lockdown, I have set alarms for soup drops, cleared my schedule for pop-ups, and dropped everything to get a last quart of Wedding Soup. You could maybe call me a stalker (or rather a stock-er if we’re talking about soup?). When I found out I’d be coaching her through her Honeycomb offering, I could not wait to get started on 45 days of creative strategy together. Then our girl went and blew through her funding goal in four days. $100K in FOUR. DAYS. Today I stopped by her shiny new brick-and-mortar for opening day. Sarah came out of the back, juggling quarts of soup, grinning from ear to ear. This part never gets old. I’ve hugged my business owners on opening day, I’ve met their moms, I’ve seen their product hit grocery store shelves, watched them on television. I get chills every time. Congratulations, Sarah, and thank you Honeycomb Credit for building a community and a platform that is making dreams come true.

SustainVC believes that its strategy not only benefits cities with a smaller VC presence but also paves the way for more venture investors and entrepreneurs to achieve success, which can be a flywheel for further economic growth in hub regions. Read Justin Desrosiers and Kendall Bedford on ImpactPHL Perspectives >> https://lnkd.in/dAbKhyX8

Just released: We’re thrilled to publish our new report this morning during #ClimateWeekNYC at Cooley LLP's offices. Paths to Partner: Empowering Emerging Leaders for Firm-Wide Success, authored by members of the ICM community, explores the career journeys of partner-level leaders in impact investing, offering practical insights and advice for future leaders. A huge congratulations to the authors of the report: Adrianna Alterman, Emma Sissman, Kendall Bedford, Nicole Calandra, and Rachel Mavrothalasitis! And thank you to all the ICM members and partners who contributed to this report, including: Mark Lewis, Partner, Lime Rock New Energy Elizabeth Wills Chou, Partner, Leeds Illuminate Amy Nelson, Managing Partner, Rethink Education Rohan Wadhwa, Managing Director, Lumos Capital Group Carolyn Farley, Partner, Arborview Capital Stonly Blue, Managing Partner and Co-Founder, Third Sphere Jacqueline Lipkin (Jackie) Lipkin, Partner, SJF Ventures Hope Tarirai Mago, Partner, HCAP Partners Read the press release here: https://lnkd.in/gxmhgxPM Download the report here: https://lnkd.in/gNFaZCbB