RALEIGH, N.C. (May 14, 2013) ─ Hughes Pittman & Gupton, LLP,a Triangle-based CPA firm serving the financial management needs of local, multi-state and international businesses, as well as their owners, announces today Partner Brooks Malone is serving on the Advisory Committee for the Cherokee-McDonough Challenge.
The start-up competition is a business accelerator designed to identify, fund and develop early-stage, high-impact environmental start-ups. It is an opportunity for environmental entrepreneurs to receive a seed investment of $20,000, as well as three months of free office space, back office support and advice from experienced entrepreneurs and investors.
“There are a variety of accounting considerations that go into proper management of environmental companies that differ from traditional business concerns including compliance issues and tax incentives,” says Malone. “HPG has a dedicated team of accountants that specialize in clean and green companies. Our participation with these start-ups will help them maneuver through some of the governmental concerns that may affect business growth.”
Malone co-leads the HPG Knowledge-Based Industries practice group, working with investor-backed companies in the technology sectors. A 23-year veteran of public accounting, he joined HPG in 1990 and was named partner in 1997.