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Small Business Financing for Green Organizations

Wed, Sep 1, 2010

Green Business

Whether your green or sustainable business venture is partially established, or just getting off the ground, you’ll need to stay up to date with the latest small business financing ideas.

1. Finding Green Business Opportunities

You might have an idea that you’re just getting ready to launch, or you might be still trying to decide what type of eco-friendly business you’re interested in. Whether an organic foods catering business or a solar powered Laundromat seems appealing, you can scout out potential business ventures by going to Web sites such as Ecopreneurist’s Green Business Opportunities section. There you will find a very comprehensive list of possible start-ups.          

There is great value in establishing a ‘green’ business. ‘Customers admire green business practices and the demand for environmentally-friendly products is high and rising. According to a survey conducted by the Boston Consulting Group (BCG) in January 2009, the trend toward buying green continues,’ EarthShare said. 

2. Scouting Out Investors

Post your green business needs and opportunities on the boards of Sustainable Business. There you may be able to find the investor support you need to start your business. The Green Investment Network even lets you post a proposal for those looking to invest. You never know who might review your information and decide your business is a wonderful idea.     

3. Special Grants For Green Business

There are many grants for green businesses. There are also many refunds and tax cuts your business will be able to take advantage of because of your ‘green status.’ If you choose to build your facility according to LEED standards, you will also see more benefits.     

Where to Look to Find Grants     

●     Environmental Protection Agency    

●     Business.gov Green Business Guide 

4. Make a Plan To Commit

EarthShare has a specific definition for eco shops. ‘A  ‘green’ business strives to have a positive impact on the environment and community. It develops and practices business strategies that go beyond regulation and demonstrate commitment to a healthy and sustainable future. A green business adopts principles, policies, and practices that improve the quality of life for its customers and employees.’           

By going beyond regulation and making a firm commitment to sustainability and acting on it, your proposed organization will make even more of an impact and gain wide-ranging respect from the eco community.

By Kelly McLendon. Kelly is studying Environmental Policy and Journalism. She can be reached at mclendon.kelly@gmail.com.

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