January 4, 2010

2009 lessons and 2010 predictions

So what do we learned from 2009? Recession drove a little bit of a decline on venture capital investments in the clean technologies sector compared to 2008 but the good news is that 2009 seem to be a record year for federal grants and funds on renewable energy, clean technology and green chemistry.

There was also proliferation of new green chemistry companies that came out and I am, in fact, going to introduce several more in the coming weeks. Activities coming from industrial biotechnology companies also held up well in 2009 although I think 2010 is the year that they really need to get more influx of funds as I have a gut feeling that their cash on hand is a little on the low side especially when banks are still tight with their money.

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