Mainebiz

September 5, 2016

Issue link: https://nebusinessmedia.uberflip.com/i/721635

Contents of this Issue

Navigation

Page 36 of 43

W W W. M A I N E B I Z . B I Z 37 S E P T E M B E R 5 , 2 0 1 6 B Y J A M E S M C C A R T H Y O N T H E R E C O R D T hey spent their fi rst year doing market research, reaching out to prospective customers and build- ing the software applications that are designed to automatically import data directly from utility accounts and use it to create customizable dashboards showing the business or municipal client's environmental footprint. In October, Rapport won a $100,000 investment from AOL founder Steve Case's Revolution Growth during a "Rise of the Rest" pitch competition. "In terms of importance, I've been refer- ring to it as the 'Big Bang' moment for Rapport," says Jaff e. "It really brought a lot of interest to the forefront. It brought some other investors out of the wood- work and really provided the kick-start we needed to crystallize the business." Mainebiz caught up with Rooks and Jaff e in their offi ce on the third fl oor of the State eatre building to talk about the contract the company had just landed with the city of Portland to measure, monitor and report the envi- ronmental footprint for 50 city buildings. An edited transcript follows. Mainbiz: What's your pitch? What is sustainability? How do you mea- sure it? Why might that be useful? John Rooks: e simplest way to think about it is that Rapport is like QuickBooks for environmental impact or sustainability. QuickBooks helps small- and medium-size businesses manage their fi nancial health, while Rapport helps them manage their environmental health. Electricity is one example. If you can use less of it, that's good for your bottom line and it's good for the planet. Natural gas, water, solid waste disposal … all of those things are part of the environmental footprint of a business. e less of those resources you can use, the more of that money goes into your pocket and the less you damage the environment. MB: How unique is it that Portland has signed on with Rapport to begin benchmarking its environmental footprint? Justin Jaffe: It places Portland toward the front of the pack in demonstrat- ing engagement with sustainability and taking it seriously. ere are a handful of other cities and towns that have engaged in similar practices. It's the ones you would expect: New York City, San Francisco, Cambridge, Boston. So I think that Portland is punching above its weight class. JR: Our philosophy has always been built on the concept of democratizing sustainability, bringing sustainability to the people who ordinarily couldn't aff ord it. We're targeting small- to mid-size business, municipalities and schools. With that as a market, there's plenty of growth ahead for us. ere's only one New York City, one Atlanta, one San Francisco. But they all have bedroom communities that need to be paying attention to sustainability issues like Portland is. MB: Businesses and municipalities don't do things simply to feel good about them. What might a client expect to see as the return on their investment? JR: ere's three bottom lines: People, the planet and profi t. And we need to be hitting on all three of those. If we think about Baxter Brewing, based on the platform and seeing where their impacts were, they've been able to go from one dumpster pickup per week to one a month. So that's an immediate return on their investment. For the city, the fi rst return they're going to see is a much lower administrative burden to manage this data. ere's a cost savings immediately in effi ciency, right there. P H O T O / JA M E S M C C A R T H Y John Rooks (left), co-founder, president and CEO of Rapport, with Justin Jaffe, co-founder and COO, have just landed a contract with the City of Portland to track the environmental footprint of 50 municipal buildings. Two years ago John Rooks and Justin Jaffe co-founded Rapport to help small- and medium-sized businesses and municipalities measure, track and reduce their environmental impact. Rooks, president and CEO, brings to the company 20 years' experience in the environmental and sustainability fi elds, including working internationally to help companies reduce their carbon footprints related to climate change. Jaffe, chief operating officer, previously worked for International Data Corp., an American market research, analysis and advisory firm. " " " " Colors Pantone 2747 Pantone 1807 IT Solutions Designed for Your Business Finding the right IT partner is one of the most important decisions your company can make. At WGTECH, making information technology work for your business is our core competency. We develop individualized solutions that help you grow your business, improve operations, and boost efficiency. We're Northern New England's resource for advanced technology – we'd like to partner with you. www.WGTECH.com 207.856.5300 Control Costs & Increase Productivity

Articles in this issue

Links on this page

Archives of this issue

view archives of Mainebiz - September 5, 2016