Visioning 2026 Blog

Green Technology In Our Future at a Local Level?

December 22nd, 2008 at 7:58 am

If green technology is in our countries future where do we want to be in this new economy on a local level? I would submit that investments by venture capitalist help consider these future trends and the impact on our local community.

Which of those industries listed under the Green Tech topics (right side half way down web page) can we find ourselves involved in or helping existing local companies already involved in?

In venture-capital circles, clean tech has been on a tear, bringing in billions of dollars and attracting thousands of entrepreneurs. But now, some people are starting to add a voice of caution to the stream of upbeat financial news.

The U.S. National Venture Capital Association on Wednesday released results from a survey (click for PDF) of venture capitalists which, on the whole, reflected a dour mood over the economy and finance.

A tally of venture-capital investment in clean-tech companies in the U.S., Europe, and China hit a record $4.6 billion in the first three quarters of 2008, according to an Ernst & Young analysis based on data from Dow Jones VentureSource. That's an increase of 82 percent, compared to the same period last year, and represents 13 percent of all venture capital.

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