May, 2009

In the days leading up to our “Summit on the New Green Economy,” which will be held June 2-3 in Durham, we’ll be highlighting our portfolio companies taking part in the event. Our investments vary widely in terms of services and products offered, but all match our mission of promoting sustainability and many are models of high quality green collar job creation. As more and more enterprises ride the green business wave, entrepreneurs can look to these companies as models for high-quality sustainable development.

Intechra
Today we will feature SJF portfolio company Intechra, a leading provider of electronics lifecycle management, reverse logistics and recycling services. Intechra manages the critical data security and environmental issues associated with the disposition of information technology (“IT”) assets including desktop computers, laptops, servers and computer peripherals. In addition to providing clients with a green, environmentally-friendly disposal and recycling solution, Intechra has the logistics, chain of custody, and data wiping capabilities that meet U.S. Department of Defense security standards. The Jackson, MS-based firm serves more than 100 Fortune 500 enterprises, in addition to municipalities, schools and smaller companies. The company’s achievements have won praise: last year market research firm IDC gave Intechra a certification in Green IT Recycling and Asset Disposal for the Enterprise (G.R.A.D.E.). Intechra is one of only five enterprises to gain such certification. Entrepreneurs, economic developers and others can learn about Intechra’s best practices and accomplishments at the zero waste CEO panel at SJF’s Summit on the New Green Economy. CEO Michael Profit will take part in the panel, along with executives of fellow SJF portfolio firms CleanScapes and Salvage Direct and guest company Thrift Recycling Management. Learn more about Intechra at the company’s Web site, http://www.intechra.com. Please continue to visit this blog to find out more about our upcoming Summit, as well as other information on green jobs.

In the days leading up to our “Summit on the New Green Economy,” which will be held June 2-3 in Durham, we’ll be highlighting our portfolio companies taking part in the event. Our investments vary widely in terms of services and products offered, but all match our mission of promoting sustainability and many are models of high quality green collar job creation. As more and more enterprises ride the green business wave, entrepreneurs can look to these companies as models for high-quality sustainable development.

groSolar
Today we’re featuring groSolar, a White River Junction, Vermont-based firm that distributes and installs solar technology for homes, businesses and utilities. The company also takes solar infrastructure made by a variety of companies and fits it together into whole systems for people to use. groSolar has 180 employees and growing, with facilities in nine states, including Vermont, California, New York, Maryland, Colorado and New Jersey. groSolar has acquired three companies since SJF led its Series A financing and is one of the nation’s largest solar integrators. We’re excited to have CEO and co-founder Jeff Wolfe speak at our Summit. He’ll be one of our four keynote speakers, along with Nicholas Parker of Cleantech Group, Majora Carter of Majora Carter Group and Martin Eakes of Self-Help. During his Wednesday speech, expect Jeff to highlight the successes of groSolar as an enterprising firm creating high quality green collar jobs in the new green economy. For more on groSolar, check out the company’s Web site at http://www.groSolar.com. And check back here for more news on the Summit.

In the days leading up to our “Summit on the New Green Economy,” which will be held June 2-3 in Durham, we’ll be highlighting our portfolio companies taking part in the event. Our investments vary widely in terms of services and products offered, but all match our mission of promoting sustainability and many are models of high quality green collar job creation. As more and more enterprises ride the green business wave, entrepreneurs can look to these companies as models for high-quality sustainable development.

CleanScapes Inc.
Many emerging ventures are strong because they pursue smart business strategies alongside environmentally responsible practices. Today’s featured portfolio company, CleanScapes Inc., fits that description with its environmentally sustainable approach to solid waste and recycling pickup. The Seattle-based firm serves businesses, residents, stadiums and other clients on the West Coast. CleanScapes collaborates with cities to employ services like waste collection and street maintenance. Part of the firm’s mission is to help create “cleaner, safer, and more sustainable cities.” The company also pushes for local job creation, stating on its Web site that it has “a proven ability to move men and women from unemployment to highly productive members of our team.” CleanScapes CEO Chris Martin will share best practices and company successes during our zero waste CEO panel at the Summit on the New Green Economy, June 2-3.  To learn more about CleanScapes, go to the firm’s Web site at http://www.cleanscapes.com.  Check back here to learn more about our upcoming Summit and other case studies and successes in the booming field of green jobs.

For the last four years, SJF held Cleantech CEO Panels in New York City and the events allowed experts to share their successes and pass along tips for others interested in navigating this bold new field. This year we’re celebrating the growth in clean technology and similar green businesses here in the Southeast by moving our panels to our hometown of Durham, NC. Furthermore, we’re expanding the event into a full-blown, two-day Summit on the New Green Economy. We hope the Summit will inspire you to help continue the momentum for green businesses and industries.

When we started our Cleantech CEO Panels in 2005, there were some doubters of the idea of sustainable industries that were profitable and created many jobs. But over the last two years this concept was embraced, as concern over global warming and energy security grew. And investment has expanded: private cleantech investment skyrocketed from $912 million in 2004 to more than $4 billion in 2007. Although 2008’s economic downturn threatened this progress, the committed work of advocates and a broader understanding of the connection between green strategies, quality job creation and more equitable and fundamentally sound economic growth have enabled green jobs to become a core element of our country’s economic recovery strategy.

The Southeast is poised to become a leader in the emerging green economy and we’re excited to bring cleantech CEOs and numerous other experts and leaders to North Carolina. Nicholas Parker, of Cleantech Group LLC, will kick off our Summit. His firm has helped catalyze the exponential growth of North American cleantech investment to $5.9 billion in 2008. Later in the Summit’s first day, Parker will moderate a “Cleantech Investment Outlook” panel, in which speakers will discuss emerging trends and challenges in the cleantech industry. The panel will include: Mary A. Bacon, of Ewing Bemiss & Co.; John Moore, of Acorn Energy, Inc.; Bruce Kahn, of Deutsche Asset Management; and Tom Darden II, of Cherokee.

We’re also excited to have Jeff Wolfe, CEO of SJF portfolio company groSolar, as one of our keynote speakers. Wolfe’s Vermont-based firm makes and installs solar energy systems that provide hot water, electricity and heating in a more environmentally conscious manner. groSolar is just one of many SJF portfolio companies that has proven investment in clean technologies not only helps the environment, but also can lead to business success.

We hope you’ll join us at the Summit to learn about cleantech investment and numerous other topics related to our mission of promoting good job growth and environmental sustainability.

Get more information on our Summit sessions here: http://www.sjfund.com/?id=339

Check back here for further updates about the Summit, and please let us know what you’re thinking about our new blog!