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Algae producers should still be able to find funding from eager investors, according to a panel of experts who discussed venture capital and equity financing at the Algae Biomass Summit in Seattle early this month.
Excerpts from this news report:
1. The investment situation for algae is actually better than it was a year ago
2. The panelists agreed that this was a good time for companies to continue their research and development efforts.
3. Those companies that are ready to move towards pilot and demonstration projects in the next two years will be well positioned to attract investment.
4. Algae companies will not be served well by thinking small. Most venture capitalists won’t be interested in projects that don’t have the potential for creating at least a billion dollars of value.
5. Another key area for investors will be the industries that will support the algae industry.
Source: Biodiesel Magazine
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