Tuesday, March 8, 2011

What ventures don't get funded?

In a pre-conference workshop (at the REW/PVW Conference & Expo, Tampa, FL) on renewable energy venture development, instructors Sumesh Arora and Tony Jeff - both of the Mississippi Technology Alliance - told attendees what projects do NOT get funded: ideas, products, hobbies (i.e., if you haven't quit your day job to work on the venture full time, it's a "hobby"), patents, and lifestyle companies or family businesses. The workshop covers risk readiness, growth risks, market risks, established business risks, among other topics. Watch for my podcast interview with Arora and Jeff in the Daily Pulse and/or PV Times later this week. (Debra Vogler)

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