| CleanTech start-ups are grabbing increased interest | | | | activity and innovation. |
| and investments from venture capital groups that | | | | Fueling Economic Growth |
| placed almost $2 billion into eco-friendly companies | | | | As the economy continues its sluggish recovery, |
| last year and increased the funding pace with another | | | | many corporate stocks remain depressed. However, |
| $773 million during the first quarter of 2010. Clean | | | | U.S. clean-energy companies enjoyed a stock index |
| energy business owners and industry professionals | | | | rise of 25% from February 2009 to February 2010, |
| attending EngEx 2010 will hear more about the | | | | according to Clean Edge, Inc, the world's first |
| growing investor confidence in renewable energy | | | | research and publishing firm devoted to the |
| from Will Coleman, a partner at Mohr Davidow | | | | clean-tech sector. |
| Ventures and a member firm of the National Venture | | | | By 2018, CleanEdge predicts that the global market |
| Capital Association (NVCA), during his keynote | | | | for biofuels and wind and solar energy will reach $325 |
| address, "CleanTech and Venture Capital Funding," on | | | | billion, fueled by the increasing number of companies |
| July 29. | | | | and organizations, like the U.S. Postal Service and |
| Lisa Bicker, president and CEO of CleanTECH San | | | | Waste Management Inc., which are transforming their |
| Diego, will open the three-day conference at the San | | | | delivery vehicles into green hybrid fleets. According to |
| Diego Convention Center. Ms. Bicker leads the | | | | the State of Green Business 2010 report by Greener |
| non-profit membership organization of business and | | | | World Media Inc., clean-energy technologies |
| financial leaders, academic and research institutes, and | | | | accounted for 1,125 patents issued in 2009 and, in a |
| government and non-profit organizations committed | | | | year when commercial construction all but halted, |
| to accelerating San Diego's clean technology | | | | green certifications for new and existing buildings |
| economy. CleanTECH San Diego currently ranks | | | | grew faster than ever. |
| seventh on the 2010 Cleantech Network Top 10 List | | | | About EngEx |
| Cluster Organizations. The network provides | | | | EngEx 2010 conference & exhibition is being held |
| investors, entrepreneurs, and Fortune 1000 global | | | | at the San Diego Convention Center from July 29 to |
| corporations the latest industry market intelligence to | | | | 31st. EngEx focuses on energy, water, infrastructure, |
| help its clients meet consumer and government | | | | and environmental technologies. The goal of EngEx |
| demands for improved environmental quality. | | | | is to bring engineers, business leaders, entrepreneurs, |
| Mohr Davidow is a leading early-stage venture capital | | | | government agencies, students, professors, and |
| firm investing in people and technologies that redefine | | | | researchers together to collaborate about practical |
| markets. For more than 25 years, the firm has | | | | solutions that address today's energy, water, |
| partnered with entrepreneurs initiating innovation and | | | | infrastructure, and environmental concerns and to |
| building companies in areas associated with Driving | | | | help revive the economy. |
| the Digital World, Personalizing Medicine and Powering | | | | Additionally, EngEx offers over 30 workshops over |
| the Planet. The firm currently has $2 billion under | | | | three-days between government and private sector |
| management. | | | | to provide access to over $500 billion dollars given |
| More than 450 member firms make up the NVCA, | | | | annually in government contracts, grants, exports and |
| the premier trade association for the nation's venture | | | | financing. |
| capital industry, which supports entrepreneurial | | | | |