Tag Archives: local investing

Sustainable Small Business Competition Open to Applicants

SEPTEMBER 18, 2018 (Montesano, Washington) — The Washington Coast Works Business Competition is seeking applications from those with ideas and energy to create or expand a small business that strives towards a triple bottom line: profit, people and place.

Applications for this year’s competition will be due by Oct. 15. Applications and instructions can be downloaded at wacoastworks.org/apply.

Up to 15 finalists will be selected to join the growing Coast Works Alliance, participate in intensive training on sustainable entrepreneurship, receive ongoing one-on-one technical assistance, connect to mentors and present their business case statement at a fast-pitch event for a chance to win up to $10,000.

“Coast Works is designed to diversify the local economy through the development of new small businesses and build business leadership in local communities,” says Mike Skinner, Washington Coast Works administrator. “It aims to grow a constituency that supports conservation and sustainable natural resource use and ultimately contribute to a new vision of sustainable community and economic development on the Washington coast.”

To date, 45 emerging entrepreneurs have participated in the Coast Works competition with a wide range of triple bottom line business ideas including fish waste infused biochar fertilizer, wool-fiber cooperative, sustainably foraged bog Labrador tea, u-pick blueberry farm, paper-crete landscaping materials, smoked salmon, off-grid ecological learning centers, local food cooperatives, sustainable farming, bio-diesel powered stump grinding, sustainable tiny homes, and many more.

The competition shows that businesses can be profitable while caring for the places where they are based and supporting the people who work for them and their communities.

The complete calendar of events leading up to the competition is available at www.wacoastworks.org or contact Mike Skinner at (206) 235-6029.

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Washington Coast Works was established by The Nature Conservancy in collaboration with the Center for Inclusive Entrepreneurship, the Taala Fund, and the Olympic Natural Resources Center. The program is designed to diversify the economies in Pacific, Wahkiakum, Grays Harbor, Jefferson and Clallam Counties through the development of new small businesses, build business leadership in local communities, grow a constituency that supports conservation and sustainable natural resource use, and ultimately contribute to a new vision of sustainable community and economic development on the Washington Coast.

Crowd-funding Raises Prize Money for Coast Works Business Plan Competition

newcausevoxlogoJuly 18, 2016 (Seattle, Washington) — It’s easy to invest in big Wall Street backed businesses, but next to impossible to invest in a local Main Street business in your community – especially if that business is a startup. The Washington Coast Works Sustainable Small Business Competition is changing that with a crowd funding campaign that lets ordinary folks contribute what they can afford to help emerging entrepreneurs launch new businesses in rural and tribal communities on the Washington Coast. First prize is $10,000 in startup funding, with multiple runner up prizes. See www.coastworks.causevox.com.

This year’s Coast Works entrepreneurs include a cultural tourism business, a wood boat kit manufacturer, a beekeeper, a construction business, a chocolatier, a tiny homes builder, a food truck, a dog boarding business, a permaculture farm, a stump grinder, a nature-inspired fitness company, a sustainable vegetable and hog producer, and a manufacturer of art equipment. All are “triple-bottom-line” businesses designed to generate profits with significant social and environmental benefits.

“How awesome that all of us can contribute to the Coast Works prize money this year,” says Coast Works intern Sarah Haensly who designed the campaign. “Web-based crowd funding now makes it possible for anyone to contribute what they can afford – without calling up your local stock broker.”

Tanikka Watford knows how hard it is to raise startup funding for a small business. She needed significant capital to launch Deep Roots Foods, a Tumwater-based small-scale food co-pack food processing business.

“I was fortunate to find local investors through Social Venture Partners’ FastPitch competition last year, but those opportunities are rare,” says Watford. “I think it is amazing that you all are making it possible for people in Coast Works communities to participate directly in their local economic development!”

Visit www.wacoastworks.org for more information.

Story Contacts:

Robin Ohlgren, Coast Works Director of Sponsorship: P| 208-301-1011 E|robin@ohlgren.com

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Washington Coast Works was established by The Nature Conservancy, in collaboration with Enterprise for Equity, the Center for Inclusive Entrepreneurship and the Ta’ala Fund, and funded in part by the United States Department of Agriculture Rural Business Development Grant. The program is designed to diversify the economies in Grays Harbor, Jefferson and Clallam Counties through the development of new small businesses, build business leadership in local communities, grow a constituency that supports conservation and sustainable natural resource use, and ultimately contribute to a new vision of sustainable community and economic development on the Washington Coast.

 

Announcing the Coast Works Angel Network

Coast Works at Work

Learn about local investing and support emerging entrepreneurs participating in the Washington Coast Works: Sustainable Small Business Initiative. Become a founding member of the Coast Works Angel Network!

 Coast Works entrepreneurs are diversifying the economy through the development of new small businesses, growing a constituency of business leaders supporting conservation and sustainable natural resource use, and contributing to a new vision of sustainable community and economic development on the Washington Coast.  Now in its second year, Coast Works has been established by The Nature Conservancy, in collaboration with the Center for Inclusive Entrepreneurship, Enterprise for Equity and the Taala Fund, and is funded in part by the United States Department of Agriculture Rural Business Development Grant. For more information, visit our website at www.wacoastworks.org.

Central to the initiative is a sustainable small business competition for $10,000 in startup funding. This year’s participating entrepreneurs include a cultural tourism business, a wood boat kit manufacturer, a bee keeper, a construction business, a chocolatier, a tiny homes builder, a food truck, a dog boarding business, a permaculture farm, a stump grinder, a nature-inspired fitness company, a sustainable vegetable and hog producer, and a manufacturer of art equipment. All are “triple-bottom-line” businesses from coastal communities in Grays Harbor, Jefferson and Clallam Counties designed to generate profits with significant social and environmental benefits.

Coast Works Angels will:

  • Reside in or have strong connections to the Coast Works communities
  • Commit to investing $1,000 in one or more of the Coast Works contestants
  • Read “Angel Investing” by David Rose and attend the upcoming Coast Works Entrepreneur Summit on July 24th to meet this year’s contestants and learn about startup seed investing
  • Attend the Coast Works FastPitch event in mid-September (date and venue TBD), where the Coast Works contestants will present their pitches
  • Make your investment decision at a final pitch event in late October (date and venue TBD)

John Sechrest will lead the July 24th angel investing workshops at the Summit. John is the founder of Seattle Angel Conference and the Willamette Angel Conference. A strong supporter of the Northwest’s startup ecosystem, John runs Lean Startup Seattle, supports Open Coffee and runs workshops on stronger startup investors and startup ecosystems. Follow him on Twitter at @sechrest.

If you are interested in joining the network, contact Mike Skinner at mike.skinner@cie-nw.org.

We look forward to this opportunity to work with you to empower tomorrow’s leaders in sustainable economic development!