SIFP and Fledge Form Partnership
Tuesday, August 21, 2012
Social Innovation Fast Pitch (“SIFP”) has partnered with Fledge, the “conscious company” incubator, to provide additional advice, mentorship, and support to the for-profit finalists of the SIFP 2012 program. Additionally, the SIFP 2012 Fund II investors have selected Fledge to manage the operations of this year’s $100,000 investment fund.
Fledge will invite eight finalists from the for-profit track of the SIFP competition — three from last year’s competition and five from this year’s competition — into the growing network of Fledge “fledglings”.
“We are excited to be working with Fledge to provide ongoing assistance and community connections to the SIFP finalists, beyond the mentorship and workshops our program already provides”, says Will Poole, organizer of SIFP.
“This partnership continues the momentum in building Seattle as a hub for social enterprise, following on the founding of HUB Seattle, the creation of #SocEnt Weekend, the announcement of the Center for Impact and Innovation, and the launch of Fledge”, says Michael “Luni” Libes, founder and Managing Director at Fledge.
Fledge’s initial cohort of seven “fledglings” will be unveiled publicly at the Fledge “Demo Day” on September 23rd. Together with the eight SIFP finalists, these fifteen new ventures aim to go forth into the market to demonstrate that businesses can make a significant positive impact in the Puget Sound region and around the world, while making a profit at the same time. And now they will have more opportunities to help one another, networked with the ever-expanding social enterprise community based in and around Seattle.