Oct 8 2008
Clean tech and nanotech companies and entrepreneurs will have the opportunity to seek early stage funding from venture capitalists, angel investors and other sources at the 5th Annual International Congress of Nano Bio Clean Tech, October 27-30, at the San Francisco Airport Marriott Hotel.
The VC Emerging Tech Investment Forum, which will take place in conjunction with the Congress, will provide small start-up companies with the opportunity to present their business plans to potential investors who are interested in making a financial commitment to commercially viable emerging technologies.
On October 2, the Senate passed the $18 billion in renewable, from solar energy, building and operating power plants to installing small wind turbines on residential properties. The Senate bill would extend the investment tax credits for solar developments for eight years.
"On an annualized basis, the federal government of the United States earmarks $1.5 billion to the development and enrichment of nanotechnology," said Lloyd Tran, president of the host organization, the International Association of Nanotechnology.
"And while nanotech continues to fill the gap between concept and reality, clean tech has also emerged as the third largest venture investment, with more than $3 billion invested in start-ups over the past 12 months. The recent approval of the $18 billion in energy tax incentives for businesses and residents investing in renewable energy would boost the research and development in innovative solar and other clean technologies"
For more information, visit the official ICNBCT 2008 web site at http://www.ianano.org.