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4 Strategies to Use When Raising Money for Your B Corps

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This story appears in the September 2015 issue of Entrepreneur. Subscribe »

When Donnel Baird needed seed capital to continue developing his in 2013, he figured impact investors were the ticket. One year and 250 investor meetings later, BlocPower—Baird's online marketplace that connects investors with clean-energy projects in underserved communities—hadn't raised a dime.

Ewan Burns
Mission-driven: Donnel Baird of BlocPower.

In 2014, Baird, who is based in New York, decided to try his luck in . There, he landed a seed round from VC firms Kapor Capital and , plus more useful advice than he'd received in the previous 250 meetings. "In Silicon Valley, they said, "Oh, are you two guys with a laptop? Great idea. Let's invest.' I think they're just more accustomed to that," Baird says.

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