Funding winning social enterprise ideas in chocolate, points, and poop
Three “social enterprises” from the first cohort of the Hub’s Accelerator Program, Hub Ventures, have been selected by their peers to receive $75,000 each in seed funding. “Social enterprises” consider impact on people and planet along with the creation of profit as markers of business success. The winning and world-saving use chocolate, points, and poop (yes, poop!)
San + CO converts human waste into electricity, providing solutions for sanitation and off-the-grid electricity for some of the 93 slum dwellers in India. Founded by Swapnil Chaturvedi.
Cloud Currencies is a web-based Cause Marketing & Open-Loop Loyalty Marketing Platform that increases earns donations for non-profits while increasing spending at local merchants. Founded by Jon Underwood.
The Hoop Fund uses crowd-funding promote the production and sales of fair trade and sustainable products. “Kiva + Groupon” the Hoop allows conscious consumers to buy their fair trade chocolate and fund it too. Founded by Patrick Donohue.