Bringing Venture Capitalism to Sustainable Development

It’s no secret that people are generous. They give their time, talent and treasure to support a wide range of philanthropic efforts. But in many cases NGOs are not achieving the speed and scale necessary to address the key issues of our time. Just like in business, pilots are often created but private and public sector organizations often struggle to go beyond the pilot stage as reported by John Friedman. Today some NGOs are asking if they can create a new model, based on the success of venture capital, which drives innovations to scale? And what would that look like? …

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Cleantech Companies Won 5 of 6 Largest Venture Capital Rounds in 2010

Five of six of the largest Venture Capital fundraising rounds in 2010 went to cleantech companies, based on data from Thomson Reuters: – Better Place: $350 million for electric car charging infrastructure – Solyndra: $175 in convertible debt for unique solar PV panels – BrightSource Energy: $150 million for solar thermal projects – Abound Solar: $110 million for solar thin-film – Trilliant: $105 million for smart grid networking Better Place even beat Twitter’s recently announced $200 million investment.  Worldwide cleantech investments peaked at $11.8 billion in 2008, then dropped off significantly to $6.8 billion in 2009, but thanks to strong growth during …

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