ZINO Society Fund Investors Select Finalists for $50,000 Fund

SEATTLE, April 27, 2011 /PRNewswire/ -- Four finalists were chosen to vie for the $50,000 ZINO Fund at ZINO Society's 5th Annual ZINO Green Investment Forum, April 26, 2011.

With ZINO Society's focus on promoting and empowering entrepreneurism, twenty-one entrepreneurs presented at ZINO Green Investment Forum including one flight of student entrepreneurs. The youngest entrepreneur team presenting were juniors from Bush School. The students were not eligible for fund consideration, but were able to pitch their nascent ideas to a room full of investors and business professionals. Entrepreneurs were represented in the areas of cleantech, green IT, energy efficiency, socially conscience and sustainable consumer products and services.

Finalists were asked questions by expert panelists and investors during "Due Diligence LIVE". Panelists include: Amy Bann, The Boeing Company, Jay Inslee, U.S. Congress Member, WA 01, Tom Ranken, Clean Tech Association, Mark Schuster, The Schuster Group and CJ Voss, Stoel Rives.  

Fund Finalists Included:

Columbia Power Technologies / Reenst Lesemann / www.columbiapwr.com
Columbia is a renewable energy company developing a superior, utility-scale wave energy device that will unlock the energy in the world's oceans.

MyTown Inc. / Damien Wilson / www.mytownmarket.com

MyTown is an e-Service for non-profit organizations to receive donations from existing donors for 1% rather than the 3% to 5% that Visa-MC charge.

Puralytics / Mark Owen / www.puralytics.com
Puralytics LED nanotechnology based water purification system eliminates contaminants and significantly decreases power consumption and water waste.

WISErg Corporation / Larry LeSueur / www.wiserg.com
WISErg creates premium organic fertilizers and renewable biogas energy using a community's own compostable waste.

"These four finalists were selected from a strong field of presenting companies. Our fund investors had a difficult time selecting only four finalists," said Cathi Hatch, Founder & CEO, ZINO Society. Following due diligence, the recipient of the fund will be announced within 60 days.

About ZINO Society

ZINO Society is a membership network that connects accredited investors with entrepreneurs seeking funding by engaging people for business and social interaction with a focus on enrichment, education and commerce. Since 2005, ZINO Society has facilitated angel funding in excess of $15.9 million for early-stage and expansion businesses. More information can be found at zinosociety.com.

SOURCE ZINO Society