Dovetail Partners Inc. Teams Up With The Conservation Fund To Discover and Support Green Entrepreneurs
December 28, 2010
The ShadeFund™ provides small loans to promising green entrepreneurs that are putting America’s resources to work in responsible new ways
Minneapolis, Minn.—The Conservation Fund announces Dovetail Partners Inc. as the first Field Partner for The ShadeFund™, a new on-line program designed to spur a greener economy by financing entrepreneurs who use natural resources creatively and responsibly. As a Field Partner, Dovetail will help identify innovative forest-friendly small businesses that could use a leg up.
The Dovetail team aims to foster sustainable and responsible use of natural resources – especially forests – by providing comprehensive information about the impacts and trade-offs of environmental decisions including consumption choices, land use, and policy alternatives. With this expertise, Dovetail is well positioned to help identify sustainable forestry and forest products businesses eligible for ShadeFund loans.
“Dovetail is a respected authority on ecological concerns for resource-based industries, and we are proud to have them on board to help us find the best forest-related businesses in the country,” said ShadeFund’s director, Rick Larson. “Together we can create conservation solutions that spur economic development and reward environmental and social responsibility.”
“This is an exciting partnership that combines the shared values and expertise of The Conservation Fund and Dovetail in supporting sustainable forestry and forest products,” said Dovetail Partner’s Executive Director, Kathryn Fernholz. “We are excited about the possibilities that ShadeFund helps to create.”
Established by The Conservation Fund with a lead grant from the U.S. Endowment for Forestry and Communities, ShadeFund pools contributions from individuals, companies and foundations across the U.S. to fund green entrepreneurs so they can grow their businesses and create jobs. The loans range from $5,000 to $50,000 and can be used for working capital, as well as for acquisition of materials, supplies, equipment and certification. As entrepreneurs repay their loans, these funds are recycled to provide new loans to green entrepreneurs.
About the ShadeFund
The Conservation Fund’s ShadeFund™ program stimulates creative conservation and the green economy by investing in sustainable forestry and forest products, eco-tourism, natural and organic agriculture, and small-scale renewable energy. An investment from inaugural sponsor Mercedes-Benz USA is funding ShadeFund’s first loans to Connecticut-based City Bench and Bluebird Hill Farm in North Carolina. To apply for a ShadeFund loan or support an entrepreneur visit: www.shadefund.org.
Dovetail is a highly skilled team that fosters sustainability and responsible behaviors by collaborating to develop unique concepts, systems, models and programs. Dovetail Partners provides authoritative information about the impacts and trade-offs of environmental decisions, including consumption choices, land use, and policy alternatives. Dovetail Partners is a 501(c)(3) nonprofit corporation. Dovetail excels at solving complex business problems and helping responsible firms to become successful. We also help regions define programs that increase the job creation and the job quality of resource-based industries. For more information, visit: www.dovetailinc.org.
About The Conservation Fund
At The Conservation Fund, we combine a passion for conservation with an entrepreneurial spirit to protect your favorite places before they become just a memory. A hallmark of our work is our deep, unwavering understanding that for conservation solutions to last, they need to make economic sense. Top-ranked, we have protected more than 7 million acres across America.