Published:
ZINO Society's $50,000 ZINO Green Fund Awarded to O Ecotextiles
SEATTLE, May 15 /PRNewswire/ -- ZINO Society's $50,000 ZINO Green-Socially
Conscious Investment Forum Fund is awarded to O Ecotextiles, Inc.
O Ecotextiles produces eco-textiles for interiors including; drapery,
upholstery and top of the bed. They provide sophisticated natural fiber
fabric collections for people who want a choice that is safe for the earth and
for their family's health and delivers on design, performance, and price.
"When the decision to award the ZINO Green Fund was made by fund investors, it
was exciting to recognize the significant traction CEO Patty Grossman has made
over the past 12 months since we first saw her company," stated Cathi Hatch,
ZINO Society CEO.
The runner up for the ZINO Green Fund was Goose Networks. Goose Networks
promotes sustainable transportation by helping people take advantage of
existing infrastructure.
Patty Grossman, CEO of O Ecotextiles, Inc. said, "We were delighted with
the ZINO Society's due diligence after the event itself, which allowed O
Ecotextiles to prove its claims of having products that are green but
gorgeous. An additional $50,000 investment from a ZINO Society Member was
made as well, so you can imagine we are quite pleased."
ZINO Society hosted the second annual ZINO Green-Socially Conscious
Investment Forum, April 22, 2008. Ten pre-screened, coached, entrepreneurial
companies exhibited and presented their business plans to investors.
Following the event, fund investors participated in due diligence as a group.
"ZINO Society hosts over 20 angel investment meetings per year and at the
suggestion of our zInvestor Advisory Board, we plan to produce additional
special interest investment events similar to ZINO Green," said Cathi Hatch,
ZINO Society CEO.
All Presenting ZINO Green Companies:
Company, Contact Website
AESOP's Wheel, Gary Fahey N/A
Essoula Inc., Rita Chew http://www.essoula.com
Global Partnerships, Jason Henning http://www.globalpartnerships.org
Goose Networks, Charlie Crissman http://www.goosenetworks.com
IntelliJet Marine Inc., David Brazeau http://www.iijet.com
O Ecotextiles, Inc., Patty Grossman http://www.oecotextiles.com
PlanetaryNRG, Dave Medd http://www.planetaryNRG.com
SASH, Inc., Rebecca Bomann http://www.sashprogram.com
TEXTADAY, Greg Lambrecht http://www.textaday.com
Zevia LLC, Derek Newman http://www.zevia.com
About ZINO Society
ZINO Society is a membership organization, which connects accredited
investors with entrepreneurs. ZINO Society has over 225 members in western
Washington. ZINO Society has helped facilitate over $8.1 million in angel
investment funding for businesses, and connected over 100 different companies
to its pool of accredited investors. For more information:
http://www.zinosociety.com
SOURCE ZINO Society
Copyright © 2009, PRNewswire
Copyright © 2009, NewsBlaze,
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