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The Greenbang

The UK could lose some of its best young talent in the clean tech sector because the investment environment is ‘too tough to grow in’, start-up companies report.

An in-depth Greenbang study, called the UK Clean Tech Start-up Company Index 2008, found many UK start-up companies are tempted to head off to the US because investors are less risk averse.

“There is a danger that some very smart technologies could move offshore to places like the US where investors are happier to take a risk,” says Greenbang Editor Dan Ilett. “Some of the companies we selected for the index said they had to jump through hoops to get investment in the UK, particularly to grow from small to mid-size. It shows that while there is a lot of noise around clean tech and green business, innovators in the UK are simply not getting the cash they need.

Check out this article about green businesses. I still the green message is an important one, we need to manage this with the need to deliver service, to manage operating costs. That Europe and the UK are meant to be adopting ‘green technology’ and best practices means that potential opportunities for revenue generation, for exposure to news markets could be getting lost.

Think of ‘green technology’, of energy efficiency as enablers to your business, either in terms of a technology platform that might enable a more dynamic platform for business, or a way of controlling your operating costs. Remember the business benefit message, we need to be green but within a way that works within our business, our operations – that doesn’t mean progress has to be slow, but it does mean involving the business sponsors, the end users in the discussion. That we don’t need the desktops on at night – can we get business approval to power them off over night excluding those that the business highlight?

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