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Posted by San Diego Personal Injury Lawyers on 02/05 at 01:48 PM
Winning a Grant, and Other Exciting News
Written on 12/24 at 08:52 PM by Andy Posner
1 comments
Filed under: Business News
Winning a $500 Grant
Two days ago, as I was sitting in my apartment and looking out the window at the snow piled on the branches and walkways of Providence, I received a call informing me that I had won a $500 grant from dosomething.org for The Capital Good Fund. Every week, Do Something selects a social entrepreneur that is under the age of 24 to win a $500 grant. I applied, along with the rest of the Capital Good Fund team, several months ago, and I had long ago forgotten about the grant. Although the money itself isn’t much--it will provide about half of a citizenship loan--it also provides our project with great exposure, gives us access to more networking, and provides us with additional, and much needed, technical assistance. Receiving the grant also gave me a boost of confidence as I enter a very busy of time during which I start a company, launch a non-profit and write my masters thesis.
Incorporating The Capital Good Group, Inc
In other exciting news, Mike and I finally incorporated our environmental consulting company last Friday. The Capital Good Group, Inc., will officially be a corporation in the state of Rhode Island as of January 1, 2009. The reason why we finally decided to incorporate is that it’s becoming increasingly clear that a lot of people are getting into the game, and we don’t want to be left behind. Specifically, we found out that the people in Berkeley, California, who came up with the bond model--wherein the up-front cost of doing efficiency or renewable energy upgrades is covered by a low-interest loan from the City, and the loan is paid back in the form of a property tax add-on equal to or less than the savings from the installation--started their own company. The company, Renewable Funding, LLC, helps municipalities implement the bond model. Well, I saw an article saying that the model, if implemented nationwide, has the potential to be worth $240 billion, and at the moment there is only one company doing it. Hence the urgency to get it on the game.
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