The Paliwoda Group, a NYC-based private investment firm, has launched the Green Tech Fund.
The vehicle will focus on making seed-stage investments in young companies that promote more environmentally-friendly approaches to manufacturing, retail, and logistics.
According to a written statement, the fund aims to back innovative, enterprise-level sustainability solutions that lower business expenses amid costs for raw materials, labor and transportation, as well as projects that integrate eco-friendly practices across the organization – from design to manufacture to marketplace to recapture, recycle and reuse of material – and that promote healthy lifestyles.
Applications are to be submitted online at www.paliwoda.com/greentech.
The Paliwoda Group is led by founder and President Ron Paliwoda.