SJF News

January 2011

    SJF Ventures_new logo
In This Issue
New Investment in Optoro
Realized Exit in MedPage Today
Celebrating Success of Cleantech Mentorship Program
2010 Green Job Award Winners
SJF Expert Network
SJF Personnel Updates
Partner Events
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High Growth.
Positive Impact.
Cleantech Mentorship Company News
Ener-G-Rotors participated in Senator Gillibrand's High-Tech Showcase and won the Clean Energy Venture Summit: Re-Imagining the Built Environment.
Pace Controls announced a large scale rollout for a major retail chain serving over 3.5MM square feet of store space.
BlackGold Biofuels' installation with a San Francisco waste water treatment plant began producing biodiesel and the company was named a finalist in ImagineH2O's Water Energy Competition and took second place in Global Water Intelligence's Water Investment competition.
ThinkEco announced an agreement with Con Edison to develop and deploy energy-management technology for window air conditioners.
Noveda won a PSE&G award for solar monitoring and was recognized us as New Jersey's enviro-energy company of the year.
SJF Closes New Investment in Optoro

SJF Ventures has invested in Optoro, a company providing comprehensive asset recovery solutions for the distressed inventory of retailers, manufacturers and 3rd party providers.  SJF's investment completes Optoro's $1.85 million Series A financing, which also includes QED Investors and Phil Pfeffer of Treemont Capital.  

 

Read the full press release.
SJF Realizes Exit with MedPage Today 

MedPage logoSJF Ventures' portfolio company MedPage Today was acquired by Everyday Health in December.  The partnership will strengthen MedPage's position as the leading provider of online breaking medical news for healthcare professionals.   SJF Ventures and Milestone Venture Partners have exited their investments in MedPage as part of the transaction.  SJF participated in MedPage's only institutional investment, which took place in March 2007.   The sale has generated a successful outcome for all shareholders:  Founder and CEO, Bob Stern; investors; and employees. 

 

Visit SJF's blog or read the full press release for more information.

Celebrating Success of SJF Institute's First Cleantech Mentorship Program 

SJF Cleantech Mentorship Logos 

The SJF Institute's 2010 Cleantech Mentorship Program will conclude with its final session on January 26th.  The program started one year ago with funding from Citi Foundation and sponsorship from Reitler Kailas, ACRE NYU-Poly, Mintz Levin, and Articulate Communications.  The SJF Institute teamed nine early stage cleantech entrepreneurs with ten successful serial entrepreneurs and advisors and ran six workshops throughout 2010 including "Presenting to Investors and Raising Capital," "Managing Growth and Effective Leadership," and "Driving Sales and Effective Marketing."  We would like to congratulate the Entrepreneur Fellows and thank the Mentors for their work and commitment over the last twelve months. 

 

Learn more about the SJF Cleantech Mentorship Program here.

2010 Green Job Award Winners

SJF Institute and Green For All unveiled the 2010 Green Jobs Award Winners on November 16 in New York. This national award recognizes privately held companies that are leaders in green job creation - successful businesses that are contributing to environmental improvement as well as creating quality jobs. 

 

Green Jobs AwardBioengineering Group

CLEAResult

E Light Wind and Solar, Inc.

Melink Corporation

Sellars Absorbent Materials

Southern Energy Managment

FLS Energy - Emerging Winner

OPOWER - Emerging Winner

Petra Solar - Emerging Winner

Alvarado Street Bakery - Pioneer Winner

  
Look for the Sustainable Industries Trendwatch 2011 edition which features an insert on the winning companies. Also, check back at www.greenjobsaward.org for details on the 2011 Green Jobs Award program.

SJF Expert Network Unveiled
SJF has formalized a group of thought leaders across the fields of cleantech, internet & tech-enhanced services and impact investing to serve on the SJF Expert Network. These esteemed professionals will help inform SJF Ventures and SJF Institute's work and contribute meaningfully to the organization's continued growth and success. Click here to learn more about the SJF Expert Network.
  • Nicholas Parker, Executive Chairman and Founder, The Cleantech Group
  • Bruce Usher, Former CEO of EcoSecurities
  • Steve Markowitz, Founder and Former CEO of MyPoints
  • Jonathan Newcomb,  Former CEO of Simon & Schuster
  • Martin Eakes, Co-Founder and CEO, Self-Help/Center for Responsible Lending
  • Wayne Silby, Founder, Calvert
  • Melissa Bradley, CEO, Tides
  • Catherine Clark, Adjunct Assistant Professor at the Center for Advancement of Social Entrepreneurship at Duke University's Fuqua School of Business
  • Eric Cody, President, Cody Energy Group
  • Peter Fusaro, Chairman, Global Change Associates
  • Darren Herman, Chief Digital Media Officer, Kirshenbaum Bond Senecal + Partners
  • Dan Hoversten, Former CEO of Salvage Direct
  • Corey Rosen, Co-Founder and Executive Director, National Center for Employee Ownership
  • Sam Silverstein, Director, Yahoo
  • Jeff Stewart, Chairman, Urgent Career
  • Mark Wilson, CEO, Ryla
  • Jerry Yudelson, President, Yudelson Associates, former Chair of Greenbuild
SJF Personnel Updates and Awards
Arrun on WebsiteArrun Kapoor has been promoted to Managing Director.  Arrun joined SJF Ventures in 2008 and leads the firm's New York office.  He has led SJF's investment in FieldView Solutions and actively supports portfolio companies Truist and ServiceChannel.  Arrun has also spearheaded SJF's CleanLinks program and Cleantech Mentorship Program.

SJF also welcomes additional student team members.  Tim Canavan, pursing a joint Masters at Duke's Fuqua School of Business and Nicholas School of the Environment, will serve as a Venture Fellow for SJF Ventures in 2011.  Megan Walsh, also a Fuqua MBA candidate, is helping as an SJF Intern.  Bhairvee Shavdia, a Columbia Business School student, and Amit Shah, a Stanford Graduate School of Business student, are also supporting SJF Ventures with project work. 

 

A special note of congratulations to David Kirkpatrick who was recognized by UNC Kenan Flager Business School as the Executive MBA Alumni of the Year on November 5, 2010.  Kirkpatrick will also be speaking as a panelist at the PwC Shaking the Money Tree breakfast event on February 18th in Raleigh as well as a cleantech panel at the Wall Street Green Summit in NYC on March 29th.

Upcoming Partner Events
 
Wall Street Green Summit
March 29 & 30, 2011, Center for Architecture, NYC - Register here
2011 Wall Street Green summit

 

The 10th Annual Wall Street Green Summit is the "one-stop shop" to come up to speed on the latest developments in Green Trading and Finance.

 

  

 

Cleantech Network Forum

March 14 - 16, 2011, Hyatt Regency San Francisco - Register here

cleantech network 2011

Join hundreds of cleantech innovators for three days of comprehensive conference agenda, experienced keynote speakers and networking with top clean technology leaders. 

 

 

 

 

Investors' Circle Spring Venture Fair & Forum

May 2 - 4 2011, Westin on Market St. San Francisco 
investors circle spring 2011 

Save the Date for the Investors' Circle Spring Conference and refer or submit a company looking for capital in their Call for Applicants by February 1st.

 
About SJF

SJF Ventures_new logo

SJF Ventures is a venture capital fund focused on delivering superior financial returns through investments in high-growth, positive impact companies. SJF has an eleven-year successful record of assisting visionary and talented management teams in building industry-leading firms. SJF provides strong expertise and networks in the cleantech, sustainability and tech-enhanced services sectors. SJF Ventures aligns best with companies generating $1 to $20 million in revenue seeking expansion equity capital of $1 to $5 million. SJF Institute is an affiliated nonprofit that connects, inspires and accelerates sustainable entrepreneurs and the fields that support them.  Over the last ten years, SJF has assisted 1,500 entrepreneurial companies through workshops and direct advisory services. SJF has offices in Durham, NC, New York, and San Francisco and invests throughout the U.S.