See the Great Companies We’re Considering at the September Impact Cherub Club Meeting
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As we gear up for the 1:00 PM Eastern, September 17, meeting of the Impact Cherub Club, we invite you to join us. The club meets to review impact investments everyone is eligible to make, and virtually anyone can afford. We share responsibility for completing basic due diligence before making investments. While members are encouraged to invest in the Club’s picks, no one is required to invest.
The Club is open to all “Impact Members” of the SuperCrowd (our paying subscribers). I don’t touch the Money members invest. They do so directly for their own accounts. We benefit from new members by the fresh perspectives they bring and our growing social impact. Please join us!
Next Meeting—September 17, at 1:00 PM Eastern
At our next meeting on September 17, 2024, at 1:00 PM Eastern/10:00 AM Pacific, consistent with our plans for future sessions, the agenda will have three items:
Diligence Reports
Education Moment
Preliminary Consideration of New Candidate Investments
I’ll review those items in reverse order.
New Company Consideration
After some preliminary screening, I’ve shared some candidate offerings with the members of the club to choose which we’ll review this month. Members chose the following:
Solar for Smith’s Supermarket
Smith’s Supermarket in Altha, Florida, is raising funds through a regulated investment crowdfund offering to install 492 solar panels, producing 253,851 kWh annually. Supported by a USDA grant, this project aims to reduce greenhouse gas emissions and foster energy independence. Investors can earn a 10 percent annual return over a two-year term, with a goal of $1 million to fully fund the solar installation. This project benefits both the environment and the local community. For more details, visit Climatize Earth.
Halcium Energy
Halcium Energy is raising funds on Wefunder to develop the PowerPod, a small wind turbine designed for urban use. It has no external moving parts, is omnidirectional, and captures wind from various directions. The product aims to offer a clean energy alternative to solar power for homes and businesses. With over 40,000 people signed up for updates and 3,000 ready to become distributors, the company is targeting the $285 billion distributed energy market, projected to grow to $918 billion by 2032.
Education Moment
This month, we’ll take a few minutes to talk about judging whether or not the valuation offered by crowdfunders is reasonable and fair to investors. We’ll discuss a rule of thumb I use to gauge offering prices to help the investors in the group make their own decisions about Investing. Remember, when investing in an equity-type offering, valuation is critical.
Diligence Reports
We’ll begin with the due diligence reports from the Impact Cherub Club members who volunteered to research the companies after we briefly learned a bit about them last month. After hearing the members’ reports, we’ll vote to determine whether or not to recommend investment in the companies. The decision will be made available to all Impact Cherub Club members, including those who don’t attend this month. Register here.
Here are the companies we’ll learn more about this month:
Africa Eats
Africa Eats is a mission-driven for-profit company focused on reducing hunger and poverty across Africa by supporting a portfolio of 21 food and agriculture businesses in eight countries. These businesses help smallholder farmers double their incomes by purchasing their produce, resulting in significant social impact. With over $36 million in annual revenues and consistent growth, Africa Eats aims to list these companies on African stock exchanges to continue scaling their impact. The Wefunder offering supports this growth, with shares priced at $2.25.
Green Compass
New construction and major renovation projects within D.C. are required to capture stormwater runoff from their property with green infrastructure. The Stormwater Retention Credit market provides compliance flexibility by allowing developers to purchase SRCs from offsite green infrastructure installations, thereby incentivizing other landowners to install green infrastructure projects of their own. Green Compass facilitates this marketplace. The company is raising capital on Raise Green.
Max-Impact Members
The following Max-Impact Members provide valuable financial support to keep us operating:
Carol Fineagan, Independent Consultant | Lory Moore, Lory Moore Law | Marcia Brinton, High Desert Gear | Ralf Mandt, Next Pitch | Sheryle Gilihan, CauseLabs | Add Your Name Here
Upcoming SuperCrowd Event Calendar
If a location is not noted, the events below are virtual.
Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on September 17, 2024, at 1:00 PM Eastern. Each month, the Club meets to review new offerings for investment consideration and to conduct due diligence on previously screened deals. To join the Impact Cherub Club, become an Impact Member of the SuperCrowd.
SuperCrowdHour, September 18, 2024, at 1:00 PM Eastern. Each month, we host a value-laden webinar for aspiring impact investors or social entrepreneurs. At September’s webinar, Devin Thorpe will provide an in-depth answer to the question, “Can I Beat the Stock Market with Impact Crowdfund Investments?” Free to attend.
SuperCrowd Mastermind Group, twice monthly on the 1st and 3rd Thursdays at noon Eastern. This group is for entrepreneurs and small business owners interested in raising money from the crowd. Attend your first meeting free! Express interest with an email to Devin.
Superpowers for Good Live Pitch, September 25, 2024. The Live Pitch will stream simultaneously to the e360tv network, Facebook, Linkedin, YouTube and Superpowers for Good. We hope for an audience of thousands! Watch the pitch and invest in the best!
Community Event Calendar
Successful Funding with Karl Dakin, Tuesdays at 10:00 AM ET – Click on Events
Community Revitalization, Thursdays, 10:00 AM Eastern.
SEC – CfPA Webinar, September 17, 2024, at 11:00 AM Eastern.
Community Capital Alternatives for Outdoor Recreation Challenges, Kathleen Minogue of Crowdfund Better speaking at American Trails, October 3, 10:00 AM, free.
Main Street Skowhegan and NC3 Entrepreneur Finance Workshop Series, September 17 – November 19, 2023.
Power Your Passion: Funding Social Enterprises Through Crowdfunding, September 19, with Paul Lovejoy, Logan Fahey, Eve Picker and Devin Thorpe.
Crowdfunding Professional Association, Summit in DC, October 22-23
If you would like to submit an event for us to share with the 8,000+ members of the SuperCrowd, click here.
Originally Published on https://www.superpowers4good.com/
