Global Village Concerns Named a Finalist for The 2012 Red Herring Top 100 Americas Award
Unique Social Commerce Company Creates Revenue Sharing with Schools and Non-Profits
SAN DIEGO, May 18, 2012 /PRNewswire-iReach/ -- Global Village Concerns (GVC), an online social commerce company that enables cause-based organizations to promote their brands, enlist supporters and generate incremental revenue for their causes, announced today it has been selected as a finalist for Red Herring's Top 100 Americas award. This prestigious list honors the year's most promising private technology ventures from the North American business region.
The Red Herring editorial team selected Global Village Concerns (GVC) as among the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
Global Village Concerns solution provides new brand images for the client, exclusive branded merchandise, a platform to enlist supporters and an online commerce platform to drive revenue. GVC then shares 20% of the gross revenue while offering their online platform at no cost to the participating organizations.
"The principle that drives our revolutionary business model is mutual benefit, and the positive response we've received from the marketplace is what caught Red Herring's attention," said Global Village Concerns President and CEO, George Hampton. "Our original investors share our vision of driving profit while giving back through our revenue sharing model. This recognition from Red Herring reinforces our belief that it pays to do the right thing."
"This year was very rewarding," said Alex Vieux, publisher and Chairman of Red Herring. "There are so many great companies producing truly innovative and amazing products and technologies. We had a very difficult time narrowing the field and selecting the finalists from such a group of future stars. Global Village Concerns shows great promise therefore deserves to be on the short list. Now we are faced with the difficult task of selecting the Top 100 winners."
The Top 100 winners will be announced the evening of May 23, 2012.
Media Contact: Diane Roche of Global Village Concerns, 8587687440, firstname.lastname@example.org
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