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Saturday, November 18, 2006

New Ventures India

New Ventures India supports sustainable enterprise creation by accelerating the transfer of capital to outstanding investment opportunities in India that incorporate social and environmental benefits.New Ventures selects SMEs in fast-growth, environmental sectors such as ecotourism, non-timber forest products and certified wood, organic foods and fibers, renewable energy, sustainable fisheries management, and clean technologies. These SMEs are seeking capital in the range of Rs.50 lacs to Rs.15 crores. The program matches entrepreneurs with executive mentors and consultants and teams of graduate business students (MBA) to improve the enterprise's business plan to present at a New Ventures Investor Forum. It is promoted by World Resources Institute and the CII-Godrej Green Business Centre with USAID under the Global Development Alliance.

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