£5m sustainability impact venture fund launched

A new £5m investment fund dedicated to sustainability and environmental initiatives has been launched by landscaping firm Ground Control.

Financed by 5% of Ground Control’s annual profits, the Evergreen Fund will specialise in providing seed and growth capital to early-stage companies and social enterprises that are focused on delivering measurable, beneficial and sustainable environmental impact.

Over the next five years, the fund will invest £5m in early-stage environmental ventures, become a perpetual investment facility with profits reinvested into new sustainable ventures and will dedicate £100,000 annually to finance the planning of one million new native trees to create protected areas of biodiversity.

The Evergreen Fund is open to entrepreneurs who have a clear vision of how to effect positive environmental change.

Ground Control co-founder Kim Morrish said: ‘As a company, we’ve always felt strongly about the environment so the launch of the Evergreen Fund is a milestone moment for Ground Control,

‘Launching the fund is a natural extension of our belief that business can and should be a force for good when it comes to environmental responsibility, especially during such a critical period for conservation and climate change.

‘What binds everyone involved in the Green Fund – our founders, co-investors and investees – is our belief in business as a force for good and our collective ability to affect positive change together.

‘From the very start, a passion for nature and commitment to sustainability has been central to what Ground Control does every day,’ added Ground Control co-founder Simon Morrish.

‘Whether it’s moving to a fully electric fleet of vehicles or leading major tree planting schemes, we are dedicated to finding new and innovative ways to protect our environment. With the financial investment from Ground Control, we are now in a position to catalyse and amplify sustainability and carbon sequestration initiatives.’

For more information visit https://www.ground-control.co.uk