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FRIDAY, NOVEMBER 27, 2009
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Bjork Banks on Girl Power to Save Iceland

Singer promotes venture-capital fund run by women

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(Newser) – Quirky Icelandic singer Bjork is promoting a venture-capital fund run by women that will invest in socially and environmentally sustainable companies and, she hopes, help rebuild her economically stricken country. "Instead of talking about the problems we have, she is on a mission to build a sustainable Iceland that's not going to leave the country in worse shape for future generations," said one of the fund's managers.

The Bjork Fund will focus on green initiatives that tap Iceland's highly educated population and ample resources for alternative energy. "In investment banking in particular we've built on excessively masculine values," the manager said. "I don't think the problem is men, I think the problem is a lack of women." The fund was started with an investment of $775,000.

Bjork headlines at the Coachella Valley Music & Arts Festival on April 27, 2007.
Bjork headlines at the Coachella Valley Music & Arts Festival on April 27, 2007.   (AP Photo/Branimir Kvartuc)
Icelandic singer Bjork performs at Radio City Music Hall in New York, May 2, 2007.
Icelandic singer Bjork performs at Radio City Music Hall in New York, May 2, 2007.   (AP Photo)
Customers make withdrawals from a branch of Landsbanki at a shopping mall in Kopavogur, Iceland.
Customers make withdrawals from a branch of Landsbanki at a shopping mall in Kopavogur, Iceland.   (AP Photo/Arni Torfason)
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