Renewable and Sustainable Energy

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As Wasson Enterprise has been more involved in the Clean Tech space we have become more interested and bullish on renewable and sustainable energy – why you might ask?

First, a few weeks ago it was announced that the world’s most prominent energy forecaster, International Energy Agency, “will be ‘significantly’ rais[ing] its estimates for renewables” (1)

This month we have also seen a few credible launches, such as the Tesla Solar Roof and Power Wall 2.0 – these launches are helping make solar a real, attainable alternative for households looking for renewable and sustainable energy to be a part of their everyday lives.

Innovations like these make it critical for us to watch the battery and solar markets, which are key to sustainable energy because of their ability to store energy absorbed from solar.

But most importantly we are bullish because as a part of humanity we need renewable and sustainable energy to advance.

To state what we already know, currently our economy operates on fossil fuels like oil, coal, and natural gas, and is only beginning to harness renewable energy. The use, extraction, and transportation of fossil fuels has become increasingly dangerous to the environment. There is no clean fossil fuel. We are also seeing that there are more activities we participate in everyday that we do not realize creates carbon. We continue to contribute to the problem. We need to take action. Let’s innovate, let’s create, and let’s help make sustainable and renewable energy the primary way to consume energy in the United States and beyond.

Wasson Enterprise is betting on individuals to innovate.

If you have not had the chance, we highly recommend you watch National Geographic’s documentary “Before the Flood” with Leonardo Dicaprio.

1. http://www.bloomberg.com/news/articles/2016-10-15/iea-to-lift-solar-wind-outlook-after-decade-of-underestimates
2. https://www.tesla.com/energy

Health Tech

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Healthcare is a topic that we hear about a lot, and it is a very complex ecosystem that is going through significant change. At Wasson Enterprise, we are passionate about healthcare, and working with companies that are innovating and working to move the industry forward.

Innovators in this space are working with a large market – $2.8 trillion. We’re looking at models that help track consumer’s health, so that they are more informed and better connected in their continuum of care. WE’re looking at ways to make the processes easier – really anything that is moving the industry forward.

With this in mind – we want to meet those who are innovating, those that are dreaming and those that are hustling to change the healthcare space.

Stewart Wasson leads our investments within this space, he has a deep understanding of the healthcare and health tech space having spent 33 years with Walgreens.

Weekly Inspiration – Change

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“Even if you’re on the right track, you’ll get run over if you just sit there.” – Will Rogers

Our team loves this quote, we think it is applicable to everyday life and business. Most people do not like change, they like to continue what they have always done because it has worked… So why change?

Like the quote states, you may be on the right track, but you’ll get run over is you just sit there. The world and the environment you are in are changing constantly, technology is changing the way people shop, exercise, eat and sleep, so in order for businesses to remain relevant they must change too. There is so much opportunity right now, we encourage you to not just sit there, to move, to innovate and to change.

Here are some tips to help you continue to “move”:

  1. Continue to push yourself to understand the needs of others, similar and different than yourself.
  2. Always be a student, you must continue to learn
  3. Read
  4. Listen

Purdue Foundry, Wasson Enterprise partner to create impact with Purdue innovations

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CHICAGO and WEST LAFAYETTE, Ind. – Wasson Enterprise and Purdue Foundry officials announced Wednesday (Aug. 24) an agreement to help identify new ideas and technologies to accelerate bringing innovations to the marketplace.

Located in Discovery Park’s Burton D. Morgan Center for Entrepreneurship, Purdue Foundry assists Purdue-based entrepreneurs create startup companies. Wasson Enterprise is a Chicago-based investment firm dedicated to assist entrepreneurs’ through angel investing, marketing, consulting and providing other support. The two will collaborate to identify commercialization opportunities and help bring them to the marketplace.

“Wasson Enterprise is proud to partner with the Purdue Foundry and identify companies that we can help connect, mentor, market and commercialize their ideas,” said Lindsay Lingle, Wasson Enterprise’s vice president of operations and marketing. “Purdue has a wealth of skills, tech and great people. We are ready to help turn dreams and ideas into sustainable business.”
The agreement calls for strategic meetings where Wasson Enterprise will identify areas of interest and expertise while Purdue Foundry will provide existing and emerging technologies within the Purdue community. Purdue Foundry will also provide office space for Wasson Enterprise as needed.

Company co-founder and president Greg Wasson is the former CEO of Walgreens Boots Alliance. He is credited with turning the Fortune 35 company into the first global pharmacy-led, health, well-being and beauty enterprise through Walgreens’ merger with European-based Alliance Boots in 2014.

“Wasson Enterprise has incomparable competence about the process of going from idea phase to commercialization and all the phases in between,” said Greg Deason, Purdue Foundry’s senior vice president and director of innovation and entrepreneurship. “Their assistance in all phases of the commercialization process, including angel investing, will be a great asset to the entrepreneurs seeking assistance through Purdue Foundry.”

Wasson received a Bachelor of Science degree from Purdue’s College of Pharmacyin 1981. He received the college’s 2016 Pharmacy Career Achievement Award.

About Wasson Enterprise
Wasson Enterprise is a family-based investment firm, located in Chicago, whose goal is to connect, mentor, market and commercialize dreams into sustainable businesses through angel investing, operating businesses and strategic consulting. Led by Greg Wasson, former CEO of Walgreens Boots Alliance, Wasson Enterprise brings its partners diverse business experience and strategic expertise – a resource for success. For more information, visit www.wassonenterprise.com

About Purdue Foundry
The Purdue Foundry is an entrepreneurship and commercialization accelerator in Discovery Park’s Burton D. Morgan Center for Entrepreneurship whose professionals help Purdue innovators create startups. Managed by the Purdue Research Foundation, the Purdue Foundry received the 2014 Incubator Network of the Year from the National Business Incubation Association for its work in entrepreneurship. For more information about funding and investment opportunities in startups based on a Purdue innovation, contact the Purdue Foundry at foundry@prf.org

Learn More

Writer: Curt Slyder, 765-588-3342, caslyder@prf.org

Sources: Lindsay Lingle, lindsay@wassonenterprise.com

Greg Deason, 765-588-5251, gwdeason@prf.org

Meeting the future with Clean + Efficient Energy Innovation

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Clean Tech should be at the forefront of our minds, there is a rising need worldwide for clean tech solutions. At Wasson Enterprise, we are very passionate about investing in companies that are innovating in the clean tech space – specifically focusing on renewable energy.

It’s time to innovate for the future – and Wasson Enterprise is ready to hear your ideas.

Innovators everywhere are exploring new ways to create and harness clean energy to make life better, support a sustainable planet, and efficiently supply energy needs around the world. Wasson Enterprise is excited about the endless possibilities innovation can bring. We’re looking to the future and how WE can support and contribute to a cleaner environment that still offers efficient energy production—such as sustainable transportation, energy productivity, solar, wind and renewable electricity.

With that in mind, Wasson Enterprise invites inquiries from energetic entrepreneurs who are developing solutions to a worldwide need for clean and efficient energy innovation.

Wasson Enterprise’s in-house experts leading our organization’s Clean + Efficient Energy Innovation pillar are Mike Lingle and Michael Conaboy.

Check out our next blog entry to find out more about WE’s investment strategies. Please email inquiries to info@wassonenterprise.com, and we’ll get right back to you