If our collective goal worldwide is to reach net zero carbon emissions we must create en masse new institutional and consumer investment vehicle to support innovation differently
Venture capital as is, cannot support climate innovation, as it is far too downstream, we need a new model to invest in innovation with a sense of urgency
To “accelerate” climate innovation we need venture builders for academic applied researchers that “do not” and or “should not” self-select as startup founders
Place based investing in “local living economies” will produce the greatest investment return overall worldwide
Project X aims to play a role in co-creating a parallel model. The Project X Way is additive to current ecosystems, it can operate alongside our entrenched systems and create change right now and instigate broader change in the future, achieving a new, more sustainable, profitable, economic ecosystem.
Project X has pinpointed three key gaps that led us to hypothesize an alternative path:
Accessible, Place-Based Investment Vehicles
Accelerate Innovation Commercialization
Prioritize Community
The Project X team advises its clients and partners to orient to and implement “The Project X Way” in regions worldwide. We work with our partners to determine how the Project X Way might apply in their area. We:
The equity fund simplifies the process for consumer, endowment, and institutional investors to invest “locally” through a portfolio of privately-held pre-revenue and at-revenue innovation enterprises within a holding company that is publicly traded.
Conducts research and compiles data on macro and micro economic trends to inform good investments in innovation based on demand and opportunity specific to your region/ecosystem. Outputs inform the investment fund allocation and innovations selected for acceptance into Venture Builders.
Provides the capacity (people with the right knowledge, skills, processes and tools) to take innovations from concept to commercialization through the use of a shared services model.
The Venture Builder shepherds innovations through the incorporation and commercialization process, and continues to invest in their scale up and continued growth.
Innovation companies generate net new revenues used to fuel growth and sustain the communities where they operate.
Innovation companies create new jobs that anchor companies in local communities, increasing regional economic value and sustaining families, creating local living economies.
Project X innovation companies steward their profits in favour of sustainable environmental and social benefits, committing a portion of revenues to community contributions.
You are an inventor, a creator. You might be a technician, academic, artisan, programmer or self educated with a great idea, but you don’t want to be or have to learn how to be the business person. You want to continue to create and we want to work with you and your ideas to bring them to market, fast.
Project X is breaking the mold by working with innovators that are not identifying as business leaders in order to capture the untapped value being left on the table. We want to grow a company around your idea, headquarter it in your region, create living wage jobs and generating more economic activity in your area.
Got an idea or a way of improving something? Let’s talk!
You want to make a legacy investment impact in your local economy through place-based investing.
You’re interested in refocusing your investment within your communities to spur innovation that creates meaningful work in your community through new sustainable enterprises.
You represent a pension fund, endowment, family office or consumers. Let’s talk about how the Project X way provides a tool to invest in ways that make a difference for communities while earning competitive returns and creating a legacy.
You’re looking for meaningful ways to improve your local economy? We’re looking for community leaders that are passionate about making a difference in their community, region, or country.
You might be a community economic developer, an interested citizen, a public servant, a university, a non-profit or foundation, a political leader, or a philanthropist.
Let’s explore if implementing a Project X hub is right for your region as an additional way to use place-based investing and innovator support to improve equality and move further towards a sustainable local living economy.