Green business, green careers and job training
Solutions that build smart communities with green careers and sustainable businesses!
HOME
EDITOR'S BLOG
FEATURE ARTICLES
GET STARTED

Save on Career Education through Lorman Education

Our readers are offered a discount on Lorman seminars and courses. Check out their business, management and legal offers at this link to qualify for our discounts. They also offer green business training opportunities. Please visit http://www.lorman.com/training/CaliforniaGreenSolutions for a complete listing of courses. Register online or call Lorman at 866-352-9539.
Home > By DEPARTMENTS > Management > Green Economy

Distribution of VC Funds for Clean Tech Across California

Los Angeles has a shortage of venture capital

Find green business solutions
2007-According to the Los Angeles Times, technology funding is distributed with an "at my backdoor" strategy.

By rights, L.A. should be a tech-industry powerhouse, given that it's the home of Caltech and seven other engineering schools, as well as the headquarters of four of the nation's top 10 civil engineering companies. Yet a furious effort to make the city a destination for Web and multimedia start-ups during the tech boom of the 1990s -- remember when boosters were trying to one-up Silicon Valley by nicknaming the L.A. area the Digital Coast? -- was mostly a bust. After the dot-com bubble burst, few of the survivors were in L.A.

The problem, then as now, stems from a shortage of venture capital. U.S. venture firms invested a record $2.6 billion in clean-technology companies in the first quarter of 2007, compared with $1.8 billion in all of 2006, according to the National Venture Capital Assn. California accounted for by far the biggest share of any state, raking in $726 million so far this year.

But 84% of the money went to Silicon Valley, while L.A. companies took in only about $42 million.

Some of the nation's top clean-tech investors, like Kleiner Perkins Caufield & Byers or Khosla Ventures, are based near Palo Alto, and they like to keep their money close to home. That's too bad for L.A., and shortsighted for the investors that are giving life to the green market.

SOURCE: Los Angeles Times



Edited by Carolyn Allen, owner/editor of California Green Solutions
Green Solution Providers
Green companies directory
Submit
your green solutions - business, nonprofit, government program.
It's free.
| investment | technology |

Share in Social Media

Sign Up For News & Information
Subscribe to our free solutions newsletter
BONUS DOWNLOAD (PDF)
"Ten+ Tips for Greening Your Office"

SUBSCRIBE HERE
Read prior issues: California GreenLines

Search For Green Solutions

Custom Search
Green Career Center
Green Job Wizard
Career Certifications Directory

green job training certifications
Green Biz Center
Solutions For Green
Directory of Green Companies

Solutions for Alternative Energy

rose in natural systems
Green Living Center
Solutions for Green: Consumers

Solutions for Remodeling

Backyard Nature Center

INSTANT GREEN POLL

"Knowing is not enough; we must apply. Willing is not enough; we must do." Goethe
RECENT ARTICLES
SITE NAVIGATION
ABOUT US

Related Articles

Jump Start Our Business Start-ups Act for Crowd-funding

US, Americas, Asia and Europe Talent Outlooks Beyond 2010 - Strategy Shift!

Critical Skills Investment For YOUR Career

Related Green Resources

Marcom Tips
Interactive & Video Tips

Career Resources

We encourage lifelong learning to support sustainable communities and provide these select resources to help you pursue green and sustainable self-development:

Lorman Business Training Directory of On-line Business and Compliance Classes

Green Job Wizard Job and Career Certifications Directory

Job & Career Resources

Governance
Management
Manufacturing
Operations
Facilities
Transportation
Finance
Sales & Marketing
Human Resources

Green Economy

Business Sectors
Natural Resources

Solutions For Green

About Us ~ Privacy Policy
Contact Us ~ Home

Text Link Ads

AD: Place your link here

ABOUT CALIFORNIA GREEN SOLUTIONS

We help you green your career, workplace and community by connecting you to quality green, sustainable and high performance resources. California Green Solutions focuses attention on effective solutions that sustain our natural systems. You can support our editorial work by supporting our advertisers and spreading the word about best practices and green solutions.
California Green Solutions is a publication of Carolyn Allen ~ Copyright ©2006-2030 Carolyn Allen

B2B | Job Certifications | Alternative Energy | Events | Green Directory | LED Lights | Remodeling |
CONSUMERS | Backyard Nature | Senior Health | MultiMedia Marketing | Marketing | Networking Events | Japan |