June 28, 2018
Village Capital Programme Will Support African Entrepreneur Ecosystem Leaders
(Nairobi, Kenya) - Incubators, accelerators and seed funds in sub-Saharan Africa are encouraged to apply by July 6 for VilCap Communities Africa, a programme to equip entrepreneur ecosystem leaders across sub-Saharan Africa with the tools, resources and connections they need to catalyze impact investment.
The programme’s organizers will select 15 applicants to take part in forums this summer and fall in Lagos, Nairobi and Cape Town, where they will share learnings and best practices. The programme is being run by global venture capital firm Village Capital and the UK Department for International Development (DFID) Impact Programme. A video about the programme has been viewed more than 3,000 times.
June 20, 2018
VilCap Investments closes investment in sustainable transportation company, GoKid
SAN FRANCISCO, June 19, 2018 /PRNewswire/ -- VilCap Investments, a venture capital fund affiliated with Village Capital, announced an investment as part of a $1.5M round in GoKid, a mobility solution for schools, teams and families to more efficiently coordinate kids transportation.
June 19, 2018
InReturn Strategies CEO Jim Atwater: People with disabilities represent untapped talent
Jim Atwater runs InReturn Strategies, a company that we’ve been following for years at Village Capital. Jim, a hard-of-hearing entrepreneur, helps companies tap into the untapped potential of the disabled community. This month InReturn Strategies reached their 100th provider partner.
June 13, 2018
Village Capital and MetLife Foundation Award $20,000 to Turkish Financial Technology Startups in Istanbul
(Istanbul, Turkey) — On May 31 in Istanbul, MetLife Foundation and Village Capital hosted the MetLife Foundation Financial Health Forum: Turkey, which brought together eleven Turkish startups working to improve financial health for low-to moderate-income populations and small and medium-sized enterprises (SMEs). At the program’s conclusion, two startups were selected to receive grants from MetLife Foundation:
June 11, 2018
How this startup’s partnerships with nonprofits sets them apart in the crowded field of consumer credit
There’s an ever-present risk that’s familiar for anyone who invests in startups solving complicated problems in low-income communities: it’s possible for a business to become part of the problem, rather than solving it.
May 9, 2018
Beyond the Cleantech Bubble: Our Energy US 2018 Program
In 2006, former Vice President Al Gore came out of obscurity to share a message: the world is heating up. “An Inconvenient Truth” won an Academy Award and made climate change a household term.
But what happened next may have done more harm than good for the clean energy startup space.
In the months after the movie came out, a wave of concerned millionaires and billionaires responded to Vice President Gore’s challenge by pouring venture capital into clean energy startups. Their goal was to save the world—fast. But many of them were new to investing, and not familiar with or ready for the long, patient process of developing a clean energy company.
The cleantech fad turned into a bubble, and the bubble popped. The once-hot sector turned into a graveyard. From 2011 to 2016, US venture capital investment in cleantech declined from 650 deals a year to 450 deals a year and from 17% of total venture capital dollars to 7%.
Our Energy US 2018 Program
A decade later, our team at Village Capital is convinced that clean energy is back. We're seeing investors like Breakthrough Energy Ventures and Generate Capital that are ready to devote the time and commitment that clean energy companies deserve, and we're excited about advances in battery technology and data analytics that are making possible things that were previously in the realm of science fiction.
In April we ran the final workshop for our latest energy program, Village Capital Energy US 2018, in collaboration with Autodesk Foundation, BNY Mellon and UBS. This year's program was focused on the transportation-energy nexus—startups making it easier to move people and things.
We brought together eight early-stage transportation startups and connected them with investors and mentors for more than 30 hours of face-to-face meetings. At the end of the program, our affiliated fund VilCap Investments offered $75,000 to the two startups ranked "most ready for investment" by their peers: Colorado-based Vartega, a chemistry-based recycling process that recycles carbon fiber for use in lightweight airplane and automobile parts; and New York-based Go Kid, a ride-sharing service for schools, sports leagues and families.
To learn more about the program and see the full list of startups, download our free 25-page report—Moving Electrons: Rethinking Transportation for a Cleaner World
Forgot to download? Here you go.