Cleantech Companies Attract Increased Investment
Posted by Srikant Rajan | # |
01:16:41 pm on May 8, 2008

Venture capitalists seem to be aggressively pursuing clean tech companies.Despite a recession in the US economy investments in the clean tech industry reached nearly $570 million in the first quarter of 2008 as compared to $480 million in the corresponding quarter in 2007 according to Ernst & Young.In addition during the period 2002-2007 cleantech investments increased from 1% to excess of 8% of total US annual venture capitalist investment.Such investments signify a growing acceptance in the public market for cleantech IPO’s and also indicate a  supportive government policy.

If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments