{EAV_BLOG_VER:83a7aef17dcdc492} We at Adbongo are excited by the latest report regarding socially responsible investing (SRI), and we thought we’d spread the news. Lately, reading the papers hasn’t exactly been a joyful experience, so we’re happy to share a study that paints an optimistic picture of the state of human consciousness. The Social Investment Forum Foundation’s [...]
As Adbongo was being formed in 2006, the world wide financial system was about to collapse. Up until then, cause marketing and green business practices were seen as little more than a gimmick by the rest of the business world. After the dust from the crash of 2008 had begun to clear, it soon came [...]
By Mitchell Fine Mitch Fine is a Financial Planning Associate with Morgan Stanley Smith Barney, specializing in sustainable investing. His practice includes advising clients with the development of their overall financial strategy, investment asset allocation, retirement and income strategies, and estate and charitable planning. He is a Certified Life Coach and has years of experience [...]
On Tuesday, March 22nd we had the opportunity to present our accelerator driven ecopark plan to Hood County Commissioners Court. Hood County is one of the many locations around the country to whom we have released the details of our plan. Our goal is to implement zero waste far and wide, and we are starting [...]
We have accepted our first international incubator project. MISSION: The global healing of the society of Chiul, and the rebirth of the heart of each inhabitant to create unity within the community and Guatemala. VISION: Chiul is a healthy, abundant, sustainable, safe and awakened society. Each inhabitant has access to an education that not only [...]
As a cause business incubator, Adbongo recommends clients find a cause with which to align your business. Whether you center your whole business concept on a cause or you align with a non-profit, supporting a good cause is not only good for humanity or the planet, it’s also good for business.
DALLAS, Texas —At a time when the U.S. Congress and President Obama are considering investing $850 billion to create jobs, a recently announced study clearly proves that business incubators need to be part of the job creation equation.
According to a research study conducted for the U.S. Department of Commerce Economic Development Administration, business incubators provide communities with significantly greater results at less cost than do any other type of public works infrastructure project.
As the year progressed, we realized we needed to refine our vocabulary regarding Adbongo’s purpose. We realized that neither “marketing & advertising agency” nor “business development firm” accurately describe what we do. After contemplation and team brainstorming, we decided “cause business incubator” is the best way to communicate who we are to the world. As far as we know, we are the world’s first cause business incubator. Essentially, this label describes the fact that we seek to nurture and grow causes, both non-profit and for-profit.
As local, state and national government agencies examine ways to create jobs and turn around the struggling economy, business incubation programs are featuring prominently in the debate – as well they should. For 50 years, incubators like Adbongo have been helping entrepreneurs turn their ideas into viable businesses, promoting innovation and creating jobs by providing emerging companies with business support services and resources tailored to young firms to increase their chances of success.
As any entrepreneur can attest, starting a new business isn’t an easy task. Most business owners know every detail of their product or service, but many lack all of the skills they need to turn their ideas into successful firms. Business incubation programs are uniquely positioned to help entrepreneurs access resources through the incubator. Whereas entrepreneurs usually need to hire separate entities to write their business plans, provide legal advice, create marketing and advertising materials and develop their social media presence, the Adbongo incubator can perform all of these functions at a fraction of the cost clients would have to pay to secure these services from multiple providers.
Around the world, entrepreneurs are playing an increasingly important role in transforming economies. Rather than relying solely on efforts to attract existing businesses from other locations, many communities like Dallas are recognizing the need to help local residents build new businesses from the ground up through business incubators.
By focusing on developing a new generation of entrepreneurs – most of whom have ties to the local area – communities are helping to build companies that will create jobs and spark economic growth in the region for years to come. And because these programs provide targeted business assistance to young firms at their earliest stages of development – when they’re most vulnerable – business incubators help support new ventures that have a greater-than-average chance of success.
We have created initial plans for an eco-business park. Ancillary businesses on-site will take in the recycling facility’s outputs to change them into usable products; each business will be consciously developed based on its ability to use excess materials from the recycling facility and other neighboring businesses so that the park will function as a sustainable organism complete within itself. As the business incubator, Adbongo will strap rocket boosters on the businesses within this park.
Over the last twenty years, as we’ve come to understand the detriment our happy-to-consume society inflicts upon the environment, many households and communities have heeded the recycling call. We applaud this fact! It is wonderful that so many have taken personal responsibility for the care of the earth in the face of a problem that sometimes feels overwhelming. With our model, we hope to make it easier for all of us to take care of the planet. We plan to rehabilitate and beautify the old landfill areas, and we will offer education and training on-site and for the community so that we might share the technologies we’ll be using with interested communities across the globe.
