$80k Operating Capital Raised
May 28, 2010CCWC just successfully raised $80,000 in operating capital in $10,000 chunks from supporters, angel investors, and suppliers who believe in what we are doing (and yes they hope to get a great return on the money as well).
CCWC started a year and a half ago with enough cash to last us a year. Delays in getting our first projects in the ground related to county permitting, Federal Grants, Utility interconnection, you name it, meant that even though things continued to look great for our turbines they were taking longer than we had money to keep the lights on.
This influx of cash will put us back into full gear just in time, since many of our obstacles have recently been or will soon be cleared. We have several sources of funding in the works for the turbines themselves (including your subscriptions, thank you) and the money recently raised will allow us to bring all of that in.
In addition to the monetary benefit we now have some truly excellent partners in the company that bring a host of talents and perspectives which will make us stronger and wiser.
Go Team!!
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