Skip to: Content
Skip to: Site Navigation
Skip to: Search

July 25, 2008 4:56:10 PM CDT

Learn about Newser Points »

« Back to the grid | Next story »

Green Tech Boosts Heartland

Posted Dec 13, 07 8:10 PM CST in Technology,  Business 

(Newser) – Green-tech venture capital is still concentrated in coastal urban centers, but middle America is catching up. Silicon Valley, Massachusetts, and Washington state are among the top five hotspots, but so is Texas and the nation's agricultural heartland, reports CNET, which tracked the money fueling startups and university research.

Silicon Valley garnered 40% of the $1.7 billion spent on clean-tech initiatives in 2007, and MIT helped Massachusetts nab 11 deals worth nearly $300 million. Austin's HelioVault accounts for much green-tech capital in Texas, and former Microsoft-techies propel the industry in Washington. The heartland gets a nod for its strides in developing biofuels, solar power, and clean coal-based energy.

Source CNET

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon
A modified John Deere combine collects a mix of corn kernels and cobs on a farm near Hurley, S.D. on Tuesday, Oct. 30, 2007. Poet is testing various corn cob gathering methods as part of the company's...   (Associated Press)
A combine hitched with a Cob Caddy gathers corn and cobs while blowing stover back into the field, Tuesday, Oct. 30, 2007, on a farm near Hurley, S.D. The equipment is being tested by Poet as part of...   (Associated Press)
Alcoa started up a 588,000 watt roof-mounted photovoltaic solar power system at its Kawneer manufacturing facility in Visalia, California. The project demonstrates the environmental and financial merits...   (Associated Press)
« Prev« Prev | Next »Next » Slideshow
Our editors also recommend:

Threads (1 of 2)

Tags

Silicon Valley  • ethanol  • MIT  • venture capital  • green technology  • biodiesel


Loading...

Loading...

Today's Most Popular


Other Business Stories

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »