Funding from the UK Innovation Investment Fund (UKIIF) was announced by Prime Minister Gordon Brown, who claims it demonstrates a “commitment to the industries and the technologies.”
The UKIIF was announced by Brown last June and will target slow growing businesses, start-ups and spin-outs including those in the pre-profit and pre-revenue stages of development.
It was [...]
Filed under: News, Uncategorized on February 25th, 2010 @ 11:34 am
Tagged with: Business, economy, global, government, innovation, start-up, startup, strategy, sustainability, Technology
China has likely overtaken Germany as the world’s largest exporter of goods, but the boom in Chinese manufacturing that looks to have given it the crown will actually help German industry.
Many German exporters do not compete directly with the Chinese, as they have undergone a comprehensive modernization over the past two decades, moving away from [...]
Filed under: Uncategorized on January 25th, 2010 @ 8:00 am
Tagged with: Business, economy, entrepreneur, global, growth, industry, markets
The Bill and Melinda Gates Foundation recently announced it’s going to use a philanthropic vehicle called program related investments (PRI) through the creation of a $400 million fund. PRIs are new and largely unused investments that allow a philanthropy to achieve its charitable mission.
The other part of the story is about L3Cs, which are a [...]
Filed under: News, Uncategorized on January 4th, 2010 @ 8:00 am
Tagged with: alternative, charity, funding, giving, investing, News, philanthropy
In response to deadlocked talks on a new international agreement to fight global warming, a new draft that circulated Tuesday at the United Nations sponsored climate change conference does not feature any targets for carbon cuts or financing.
The new draft also fails to provide any long-term goals for emissions reductions, the peaking of emissions, and [...]
After fierce opposition from building owners, New York Mayor Michael Bloomberg has dropped an important initiative of his plan for reducing greenhouse gas emissions.
The plan originally called for all buildings of 50,000 square feet or more to be audited in order to determine which renovations would make them most energy efficient, and for owners [...]
Filed under: Environment, News, Technology, Uncategorized on December 7th, 2009 @ 1:31 pm
Tagged with: clean energy, Environment, innovation, New York
The U.S. government is currently financing its massive borrowing with ultralow interest i.o.u.’s, but this happy situation may not last much longer. Treasury officials now face enormous debt, an accumulation of short-term borrowings that are due in the months ahead, and interest rates that are sure to return to normal once the Fed decides the [...]
Filed under: Business, News, Uncategorized on November 27th, 2009 @ 10:00 am
Tagged with: budget, economy, finance, government
Amid the growing interest in green technology and battery-powered vehicles, U.S. electric car maker Tesla Motors plans to go public soon. An IPO filing from the six year old start-up is expected any day, according to two sources familiar with the matter. Tesla spokesman Ricardo Reyes declined to comment on what he deemed “rumor or [...]
Filed under: News, Uncategorized on November 26th, 2009 @ 10:00 am
Tagged with: automakers, CARS, electricity, energy, Green, IPO, manufacturers, Technology, vehicle
This week New York approved a new means of financing renewable energy and energy efficiency improvements. The legislature passed a bill enabling homeowners and businesses to finance improvements through higher property taxes, thus avoiding substantial up-front payments.
By enabling homeowners to pay for clean energy projects through higher property taxes, the new method allows them [...]
Filed under: News, Uncategorized on November 25th, 2009 @ 12:23 pm
With the rapidly approaching United Nations Framework Convention on Climate Change just weeks away, a host of industrialized nations have begun unveiling plans for reducing global greenhouse gasses. The event is viewed as a crucial forum for the world’s nations to demonstrate a commitment to addressing global warming and its potential impact.
The United States has [...]
Filed under: Environment, News, Uncategorized on November 24th, 2009 @ 6:00 pm
Tagged with: Environment
Through its Intensive Partnership for Effective Teaching program, the Bill & Melinda Gates Foundation has recently donated nearly $335 million to promote effective teaching and student achievement nationwide.
The programs awarded include $100 million for the Hillsborough County Schools in Florida, $90 million to Memphis City Schools, $40 million for Pittsburgh Public Schools, and $60 million [...]
Filed under: News, Uncategorized on November 23rd, 2009 @ 8:00 pm
Tagged with: education, philanthropy
GreenRoad announced last month that it has raised $10 million in financing from Generation Investment Management, the investment firm co-founded by Al Gore in 2004. GreenRoad, which is developing technologies to encourage safe and fuel-efficient driving behavior, intends to use the proceeds to accelerate the deployment of its GreenRoad 360 service among new and existing customers. GreenRoad [...].
Porsche revealed an ultra-efficient, low-emission, mid-engine super sports car that features hybrid and electronic drive technology at this month’s Geneva Motor Show.
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