This post was originally produced for Forbes.
Carolynn Duncan is not your typical venture capitalist. No Harvard MBA. No Stanford pedigree. This music-major from Brigham Young University is marching to the beat of her own drum and making a difference while she’s at it.
Duncan is launching a $20 million venture fund, Northwest Social Venture Fund, to invest in technology startups with a social mission and less than $1 million in revenue. She plans to invest $500,000 to $3 million in series A rounds with such companies, according to Sustainable Business Oregon.
On Monday, February 17, 2014 at 1:00 PM Eastern, Duncan joined me to talk about her strategy for investing.
Tune in and listen while you work.
Duncan provided this overview of her firm and background:
The NorthWest Social Venture Fund is an impact fund that focuses on reducing suffering in the world through maximizing social & financial returns by investing in scalable social business opportunities. NWSVFund is aligned with the White House Grand Challenges mission, to tackle “ambitious but achievable goals”, and to work in partnership with entrepreneurs, engineers, and impact funds to identify and resolve civilization-afflicting problems.
Carolynn Duncan is the Founding Partner of the Northwest Social Venture Fund, and is also the CEO and Marathon Program Facilitator for TenX, an education company which runs and licenses financial literacy programs for high performance entrepreneurs & business leaders throughout the U.S., with program offices in the Northwest and Bay Area. Under Carolynn’s direction, TenX alumni have generated more than $24MM in revenues and funding since 2009.
Prior to TenX, Carolynn was affiliated with EPIC Ventures, a Salt Lake City-based venture capital firm, developed an entrepreneurial finance program and ran LivePitch events for FundingUniverse (now Lendio), assisted in launching the Eastern Idaho Entrepreneurial Center in partnership with BYU-Idaho and EPIC Ventures, founded the Hundred Dollar Business, was a founding employee of TagJungle, and worked at $3MM seed fund Provo Labs.
Prior to working in entrepreneurial finance, Carolynn worked as a communications specialist for DeseretBook, Granite Publishing & Distribution, Cedar Fort, Schooled Magazine, and Nomen Global Language Center. She has worked with at-risk youth through Utah Youth Village and the Casey Life Skills Program, volunteers as a “Big Sister” with Big Brothers, Big Sisters, is an advocate of Pathway, a distance learning program developed by BYU-Idaho, and has taught financial & employment literacy for young adults in the LDS Church. Carolynn has a Bachelor’s in Modern Dance, Music (Violin), and English (Literature/Creative Writing) from Brigham Young University-Idaho, and has done graduate work in entrepreneurship studies at Brigham Young University.