Program-Related Investments (PRIs) for Early-Stage Climate Tech Companies

​Early-stage climate technology companies regularly face barriers to raising capital.  Technology and business model risks, real and perceived, often keep traditional investors on the sidelines. 

​Program-Related Investments (PRIs) are a powerful but underused tool that can help fill this critical capital gap.  PRIs are tax-advantaged, concessionary investments made by philanthropists with the primary purpose of advancing a charitable impact.  PRIs can be made to any type of recipient entity (e.g. companies, nonprofits, government) and structured in any form (e.g. loans, equity, hybrid instruments). 

​This event is for philanthropists and entrepreneurs who want to learn about PRIs and how to use them with early-stage climate tech companies.  Venn Foundation will also share its model for efficient custom PRI syndication.  Four Minnesota-based climate tech companies will present their businesses, capital strategies, and experience raising PRIs using Venn’s model.

Presenters:
Jeff Ochs, CEO of Venn Foundation
Andrew Jones, CEO of Carba, Inc.
Michael Martin, CEO of r.World, PBC
Luke Shors, Co-Founder of Capture6, LLC
Eugene Alvey, CEO of Swinergy, Inc.

Agenda
12:30 - 12:45: Networking
12:45 - 1:00: Intro to PRIs, Venn, and PRI Syndication
1:00 - 1:45: Four PRI Recipient Companies
1:45 - 2:00: Questions
2:00 - 2:30: Networking

By registering for this event, you agree to share your registration information with the organizers of Minneapolis Climate Week.