
E2Tech heads north--to Orono but will share the experience via video-conferencing technology to forum attendees in Portland. This special event will bridge north and south and provide attendees with a novel opportunity to engage in virtual networking while learning more about the cutting edge, clean technology assets offered by UMAINE.
The university is uniquely positioned to play an important role in serving the region’s growing clean technology sector by offering high quality services through its world-class laboratories and research centers including the Forest Bioproducts Research Institute, the Advanced Manufacturing Center, and the Advanced Structures and Composites Center. Meet leaders from these well renowned centers to learn how their current projects and capabilities have spun off successful businesses and how they may be able to help yours.
Moderator: John Voltz, Blackstone Accelerates Growth, an Innovative, Maine-focused Entrepreneurship Program developed to lead efforts to encourage entrepreneurs and spur innovation across Maine.
_______________________________________________________________
What is Clean Tech?
Clean Tech is defined by a diverse range of products, services, and processes that harness renewable materials and energy sources, promote the sustainable use of natural resources, and reduce or eliminate emissions and wastes. Clean tech firms seek to increase performance, productivity and efficiency by minimizing negative effects on the environment, and describe companies that generally deal in energy (renewables, bio-fuels, efficiency, storage), recycling and waste, the environment, transportation, agriculture, materials and manufacturing. The clean tech sector refers both to clean tech firms as well as to all those industries that support those firms including construction, legal, marketing and any other number of businesses which may play a role as service providers.
Clean tech venture capital has bounced back in the third quarter of 2011, according to Ernst & Young. The accounting firm said U.S. VC investment in clean tech companies increased 73 percent, to $1.1 billion. Regionally, while California was the top spot for clean tech investment ($583 million in the 3rd quarter), Massachusetts was next at $170.4 million.
_____________________________________________________