Chemung Clean Capital LLC
Participation is by invitation only. Inquiries welcome. VENTURE CREATION INSTEAD OF SIMPLY VENTURE CAPITAL.
Chemung Clean Capital generates long-term capital growth and quality local jobs by designing, creating and financing clean technology companies whose products and policies contribute proactively to a clean environment, a healthy workplace, and a stable community.
Chemung Clean Capital demands a quadruple bottom-line return from its investments: Positive (1) financial, (2) environmental, and (3) social results, while (4) assisting municipalities with turn-key financing for the most advanced "green" solutions to difficult public infrastructure problems. PORTFOLIO. CCC works only with carefully screened companies that meet these fundamental criteria:
* Clean technology: manufacture or promote products or services that contribute directly to a cleaner, healthier environment, 100% compliant with the Paris Agreement on Climate Change
* Skilled labor union workers: employ union labor in all construction, manufacturing and operations, ensuring excellent training and a living wage and comprehensive benefits and retirement package for all team members * Innovative "green" finance: utilize the latest and most creative sources of funding and revenue streams now available in the new international carbon economy * Commit to substantial new job creation & business operations in the historic Elmira - Chemung County area of western New York state, with optional national and worldwide expansion
* Offer a reasonable investor exit strategy or a superior long-term return on investment commensurate with risk and societal benefits
Chemung Clean Capital is overseen by Kashong LLC, a private holding and project management company with roots in pristine western New York State and a mandate to design and support labor union-operated, environmentally friendly "green" solutions for everyday infrastructure problems of municipalities.
Kashong LLC works to ensure that the goals of creating well-paid, non-exportable union jobs and achieving a clean and healthy environment are implemented in successful private sector examples. Chemung Clean Capital venture partners actively manage its portfolio companies with decades of hands-on expertise in critical areas such as conventional and climate finance, logistics, marketing, labor and government relations.
Companies in the Chemung Clean Capital portfolio are meant to serve as functioning examples of new clean technolgy businesses utilizing well-paid, skilled labor union workers -- a blueprint for positive action by other firms and entrepreneurs, and a model for impact investing and "green" infrastructure finance.