Ever feel like you went to school for the wrong thing? I feel this every time someone discusses CleanTech..
David Gong describes CleanTech as “Any products, services, and processes that harness renewable materials and energy sources, improves natural resources utilization and utility rate, dramatically reduce the use of natural resources , preserve/restore environment ecosystem, and cut or eliminate emissions and wastes.”
Another article I was reading recently discussed how CleanTech is the next path for out of work IT guys. In fact, a lot of venture capitalists are switching from IT related VC to CleanTech/Green Tech VC.
These new technologies are changing the way that companies will do business in the future.
Yet, recent reports describe this as a make or break year for CleanTech VC funding because with a faltering US economy many people will be leery of investing into the capital heavy CleanTech industries.
All these articles have been rumbling around in my head and I’m prone to wonder whether this is an industry that will only succeed if our perceived level of affluence remains high. If so, are our entrepreneurial endeavors in these fields prone to diminish? Should we be coming up with great ideas? Is there a way to attempt these technologies that is cheaper, faster, and more innovative?
At Global Entrepreneurship Week, one of our verticals is CleanTech. Therefore, many of our activities during the Week will be related to this technology and entrepreneurial endeavors in this field. We are open to your suggestions about how to best engage in this field and what the relevance of CleanTech will be in the world’s future. Who knows maybe in 5 years it wont be just the cool kids doing it.
Tags: clean tech, cleantech, David Gong, Global Entrepreneurship Week, green tech, Venture capitalists
This entry was posted
on Friday, March 7th, 2008 at 9:01 am and is filed under Uncategorized, Verticals.
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