Social Venture Circle (SVC)

Angel Group · 291 Members · San Francisco, CA, USA · ACA

http://www.svcimpact.org

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This group charges an application fee of $25.00

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About this Program

SVC, formerly IC-SVN, is the world’s largest and most active early-stage impact investing network.

Our Investment Focus

SVC, formerly IC-SVN seeks early-stage companies whose businesses address significant social or environmental issues.

SVC currently seeks applications for Local Networks pitch meetings near the Bay Area, New York, Pennsylvania, New Jersey, Delaware, North Carolina, New England, and Colorado. If you are based in one of these geographies or have a significant operating presence there, you are encouraged to apply to be considered for local pitch meetings in these geographies. Applications for Local Network pitch opportunities are accepted on a rolling basis. You only need to apply once; your application will automatically be considered for as many pitch opportunities as possible. The fee to apply is $25.

Applications are now open for the SVC Cleantech Showcase Presented by NYSERDA in NYC on March 31st. Preference will be given to companies in the New York area. Applications for this event will close on February 14th. We anticipate being able to notify pitch finalists by the week of March 9th.

Typically these companies are focused in the following sectors: - Clean Energy & Clean Technology - Community Development - Education - Global Economic Development - Global Health Delivery - Health Technology - Medical Devices - Software, Applications, Ecommerce, Websites, etc., that Address Social and/or Environmental Challenges - Sustainable Agriculture - Sustainable Apparel - Sustainable Consumer Products - Sustainable Foods & Beverages - Sustainable Infrastructure & Materials - Water Technology - Wellness

Deal Stage: We consider private companies in many different deal stages including early, expansion and growth. We do not consider individuals or technologies, only fully-formed companies. Companies that do not expect to generate revenues of at least $5 million within the next 5 years will not be accepted.

Financing Needs: We do not accept companies with capital needs greater than $3 million as that amount is beyond the capacity of our angel network. Companies with capital needs between $200k and $3m tend to gain the greatest interest from our investors.

Scalability: SVC members are interested in maximizing social and environmental impact as well as financial return. For this reason, companies that have a potential for national or international growth tend to find more interest within our network than companies that do not have such potential. For example, we will consider a submission from a company that sells organic coffee to retailers across the country but not from a company that is launching a single, local, organic coffee shop.

Other Criteria: We do not accept applications from purely non-profit organizations. We will accept for-profit subsidiaries or partners of non-profits. Key Characteristics Companies that are most likely to find interest within our membership will have a combination of the following characteristics: * A strong management team * A clear understanding of their market(s) * Legally defensible technology * Third party product or business model verification * Clear commitment to a social and/or environmental mission

Disclaimer

Social Venture Circle ("SVC") charges a nominal nonrefundable fee to entrepreneurs in the amount of $25.00 to create an account on Gust for investor review and diligence (the “listing fee”). Entrepreneurs will also be charged a nonrefundable service fee in the amount of $3,000 if investment funds are received from an official SVC network pitch event (the “administration fee”). If your business is not funded you are only responsible for the nonrefundable listing fee and you will pay nothing further. If you are successfully funded, SVC will invoice the administration fee and request collection of such fee at the time of payment. The administration fee is to help cover the costs and expenses of SVC in connection with the management and administrative services provided by SVC in connection with this service offering. SVC will waive the administration fee if an entrepreneur received less than $100,000.00 in funding.