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Contact |
400 West Main Street
Suite 604
Durham, NC 27701
Tel. (919) 530-1177
800 Third Avenue
21st Floor
New York, NY 10022
Tel. (212) 209-3042
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 groSolar Acquires the Residential Division of Borrego Solar Systems
SJF portfolio company groSolar of White River Junction, VT has acquired the residential solar division of Borrego Solar Systems of El Cajon, CA. Borrego Solar's residential division operates in California as well as Massachusetts.
As a result, groSolar will emerge as the fourth-largest residential solar power installer in the US, while maintaining its national distribution and commercial operations as well. The firm, launched less than 10 years ago, will continue its rapid expansion and consolidation as the first truly North America-wide solar power company, with residential operations in nine states in addition to their commercial and distribution channels.
Jeff Wolfe, CEO of groSolar, said: "This is a great day for solar. Coupled with the new benefits in the Federal stimulus bill, groSolar is now poised to help with America's energy independence and economic recovery, while making it simple, fast and affordable for customers to 'go solar.'" Read More ... | |
 Registration Open for the SJF Summit on the New Green Economy, June 2-3
After four successful annual Cleantech CEO Panels, SJF is expanding our event in 2009. The SJF Summit on the the New Green Economy: How to Make it Work features keynotes by Nicholas Parker of Cleantech Group LLC, Jeff Wolfe of groSolar, Majora Carter of Majora Carter Group, and Martin Eakes of Self-Help Credit Union, as well as two Cleantech CEO panels, concurrent sessions on green job elements, and a capital markets plenary. The event brings together private company CEOs and investors with government and community leaders. Join us and be inspired by innovative businesses and organizations which are creating green jobs, and take away useful strategies, policies and best practices for your company, fund, organization or region. Register by April 30 to receive the early bird registration pricing and ensure your spot at the Summit. Read More and Register .... |
SJF Portfolio Company Updates
Ryla, a provider of outsourced call center and customer contact solutions, is in the midst of increasing the workforce at its Kennesaw, GA headquarters. While many companies are being forced into layoffs, Ryla currently employs 1,400 (up from 20 at the time of SJF's investment in 2002). Ryla CEO Mark Wilson will be featured at CED'S annual Venture Conference April 22-23 at Pinehurst, NC. See www.ryla.com
Truist, a leading provider of global philanthropy solutions, has recently formed a partnership with CharityCall, a revolutionary mobile platform enabling charitable organizations to promote, generate and accept charitable donations. Read More...
Cleanscapes, a provider of recycling, organics, and refuse collection and comprehensive StreetScape management services, will soon launch its Seattle city contract. The company has grown from 80 employees at the time of SJF's investment in October 2008 to 230. Read More ... |
Federal Incentive Bill Means New Green Jobs
With nearly $62 billion in grant funding, loan guarantees and tax incentives, renewable energy and energy efficiency programs emerged as winners in the final version of the American Recovery and Reinvestment Act, signed into law by President Obama on February 17, 2009. Read SJF's analysis ...
Van Jones Appointed to New Position with the Obama Adminstr ation
Van Jones, founder of Green for All and former board member of SJF Advisory Services, was recently appointed to be Special Advisor for Green Jobs, Enterprise and Innovation under the White House Council on Environmental Quality. This new position will help shape the administration's energy and climate policy, so that climate solutions produce jobs and justice for all Americans. Read More ... |
REBN NY March Event Successful
SJF Ventures, together with Cooley Godward Kronish, Credit Suisse, and Porter Novelli, is a founding organizer of the New York Chapter of the Renewable Energy Business Network (REBN). The March networking reception in NY was another full house with more than 250 attendees and positive reviews. Companies profiled were Carbozyme, Hycrete, OwnEnergy, Paper Battery and SunOne Solutions. For more information on REBN NY events, contact Arrun Kapoor at akapoor@sjfund.com
REBN NC To Be Launched April 14
Following the continued success of REBN NY, SJF Ventures, in partnership with the Council for Entrepreneurial Development, is organizing a chapter of the Renewable Energy Business Network in North Carolina. REBN NC will be launched on April 14 with a networking event from 4:30-6:00 pm following the State's Sustainable Energy Conference at the McKimmon Center - NC State in Raleigh, NC. For more information on the REBN NC event, contact Cody Nystrom at cnystrom@sjfund.com SJF to be Honored as Social Enterprise Pioneer
SJF Ventures will be honored at the Durham Convention and Visitors Bureau's Annual Tribute Lunch on April 29. This year the event is to honor pioneers who have ignited national recognition of Durham as a hub for social enterprise as a signature part of Durham's unique sense of place. Read More ... |
  SJF Personnel Updates
David Kirkpatrick was elected to the Board of Directors of the CDFI Coalition, and Arrun Kapoor has joined the NJ Meadowlands Business Accelerator Advisory Board. SJF Advisory Services is pleased to welcome Christa Wagner (near right)and Napoleon Wallace (far right) as Summer Associate interns in the Durham, NC office. Wagner is pursuing a Master of Regional Planning at UNC and was most recently the Director of Government Relations with the NC Sierra Club. Wallace is pursuing a Master of Business Administration at the UNC Kenan-Flagler Business School. He was previously with Wachovia Capital Markets for four years and also served as a sustainable consulting associate with the Kenan Institute Center for Sustainable Enterprise. A team composed of four Duke University (Fuqua) MBA Fuqua students, including SJF MBA Associate Katherine Ryzhaya, won the Vestas Win(d) Power Challenge 2009. Each team member received a master thesis scholarship sponsored by the Vestas Global University Programme, and travel and registration expenses for the International Scientific Congress on Climate Change in Copenhagen, Denmark March 10-12. |
| Coming Events for SJF Team
David Kirkpatrick will speak on the Investor Panel at the Sixth Annual North Carolina Sustainable Energy Conference in Raleigh, NC on April 14 and Carbon Finance North America 2009 in New York on June 12, and will attend the National Venture Capital Association annual meeting in Boston April 29-30. Kirkpatrick and Cody Nystrom assisted with the Selection Committee and will attend the CED Annual Venture Fair April 22-23 in Pinehurst, NC. Nystrom will also speak at the Green Business and Living Summit and Expo April 3 in Nashville, TN and at Green Cities Florida May 21 in Orlando. Anne Claire Broughton will be attending the NCEO Annual Conference in Portland, OR from April 22-24. Arrun Kapoor will be speaking at the annual BootStrapper Summit on April 1-2 in New York; the Green Economy Leadership at Columbia University on April 17; and the April 3 PSEG's Greenfest 2009 Conference. David Griest will be attending the Angel Venture Fair on April 6-7 in Philadelphia and the Clean Technology Conference and Expo on May 4-7 in Houston. |
 Wall Street Green Trading Summit April 1-2 in New York
David Kirkpatrick will be speaking at the Wall Street Green Trading Summit April 1-2. The Wall Street Green Trading Summit is the longest running and most comprehensive environmental market event in the industry, featuring the latest developments in Green Trading and Finance. Read More and Register ... |
 Investors' Circle Conference April 19-21 in San Francisco
David Griest and Alan Kelley will attend the 2009 Investors' Circle Spring Conference and Venture Fair April 19-21 in San Francisco. Cody Nystrom served on the energy and environment selection committee for the venture fair. SJF portfolio company Rustic Crust will be presenting at the conference for its new round of financing. The theme of the conference is "Social Enterprise: Seizing Emergent Opportunities." Investors' Circle is a network of more than 200 angel investors, professional venture capitalists, foundations, family offices and others who are using private capital to promote the transition to a sustainable economy. Read More and Register ... |
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About SJF |
SJF Ventures is a venture capital fund that focuses on cleantech, business and web services, and premium consumer products companies. The fund looks for experienced management teams that are driving exceptional growth and positively impacting the world. SJF Ventures specializes in companies with revenues of $1 to $20 million seeking equity capital of $1 to $5 million. SJF Advisory Services is an affiliated business services firm. SJF has offices in Durham, NC and New York, NY and invests throughout the U.S.
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