September 6, 2010
For years it’s been an open secret – young entrepreneurs and tech-savvy folks who work for the big Silicon Valley conglomerates have been living in San Francisco while commuting to Silicon Valley. After all, does anyone really relocate to northern California to live in Mountain View?
Now it appears that many of these people also did not move to the Bay Area to commute. They’ve started companies in San Francisco proper – not 30 or 40 miles south on the 101 freeway in Palo Alto or San Jose, traditional epicenters of what’s typically considered Silicon Valley.
According to the San Francisco Sunday Examiner, San Francisco has been “beating out South Bay cities for venture capital, boosting key sectors and creating a hotbed of growing firms.” Software companies, social media, gaming, green tech and biotech are leading the pack of industry sectors attracting the VC dollars.
Good news for the entire innovative tech industry in the Bay Area (which includes Silicon Valley and San Francisco): “investors poured nearly $3 billion into Bay Area companies in the past three months – a 100 percent increase from the first quarter.” More than $283 million went to companies located in San Francisco. (Read more)
June 12, 2010
Peter Beattie, former premier of Queensland and former state commissioner for the Americas, proposes how Australia can play a key role with the world’s two largest economies – the US and China, in the 12 June edition of The Australian.
In “Here’s Our Chance to Share the Spoils with the Emerging Gang of Two,” Beattie explains:
…The dominant players in the global economy, the US and China, form a Group of Two, giving the world a leadership team of Hu Jintao and Obama. The days of world economic dominance by the US are coming to an end; it will now have to share the power.
The US is by far the world’s biggest economy. Next year China will be No 2 instead of Japan…. Both countries are critical players in global security and nuclear non-proliferation issues. For all the wisdom of the creation of the G20 group of countries to replace the G8, the reality is that there will be in effect a G2…. [and] fortunately for Australia we are strategically located in the Asia-Pacific region, with unsurpassed historical links to both the US and China…. we are a clever country supported by a culture of innovation…we are well placed to be a key partner of the Sino-American generation of the immediate future.
…It’s in everybody’s interest that [the US and China] co-operate and bring new technologies on line, at industrial scale, as quickly as possible. With the prospect of world domination in clean energy, it’s also in their economic interests.
For America’s part, it wants clever international partners who can bring innovative technologies and processes to the US economy, then sell them to the world.
This is Australia’s opportunity…. The formula is simple: partner with the US to help it co-operate with China and Australia cements a meaningful place in the US-China-dominated economy of 2030 and beyond. (Read more)
June 1, 2010
We’ve selected five New South Wales cleantech companies to take part in the ANZA TechNet Gateway to China pilot program in Shanghai, June 12-18. The five companies are:
• Battery Energy Power Solutions
• GreenCollar Climate Solutions
• LAVA: Laboratory for Visionary Architects
ANZA’s Gateway to China program is modeled on our Gateway to the US program. More than 15 New South Wales companies took part in a full-day workshop in Sydney earlier this year and completed a rigorous assessment of their potential in the China market – from both investment and partnerships perspectives. While in Shanghai, the CEOs of these five companies will be immersed in a week of China business practices and one-on-one meetings with potential customers, partners and investors. The Gateway to China program is taking place during Expo 2010, when more than 70 million people are expected to visit Shanghai. It will be a great opportunity for these companies to raise their profiles and emphasize the important Australia-China connection.
The Gateway to China program is being run in in partnership with the New South Wales Government Department of Industry and Investment and Advance. Click here to find out more about this exciting new program.
April 5, 2010
This story from the New York Times is a few weeks old, but it is relevant to Australian clean tech entrepreneurs considering the China market (as well as their American counterparts). For instance, consider that
- American companies and their engineers — are being drawn to China as China develops a high-tech economy that increasingly competes directly with the United States (and means double the opportunities for Australians, who may want to partner with a US company, or go it solo into China).
- The China market is surging for electricity, cars and much more.
- Western green energy companies in particular are offered many subsidies by Chinese cities and regions.
- China is leading the way in clean technology research.
March 30, 2010
Australia will be at the forefront of the “green revolution”. To keep up with cleantech news Down Under, we’d like to let you know about an exciting new media platform, CTTV — CleanTech TV. The service will feature regular interviews with Australia’s cleantech industry leaders as well as those from around the world whose expertise will play a vital role in Australia’s cleantech endeavors, as well as internationally. To find out more about CTTV — including how to get your company featured in a segment, click here.
December 14, 2009
It’s the time of year for “best of” lists and the green tech industry is one of the first to compile theirs.
Despite this year’s economic woes, Greentech Media reports that “lots of little trends popped up in 2009 and they will likely have an impact on what happens in 2010.” Among the hits — smart grid deployments starting moving from the conceptual phase to reality and cheaper solar power. Click here to see the top 10 trends and read more.
April 28, 2009
Twelve hand-picked New South Wales environmental companies took part in a joint ANZA TechNet/New South Wales Department of State & Regional Development pilot video conference yesterday, linking the companies in Sydney with three environmental experts in Silicon Valley.
The 90-minute video conference was made possible through an in-kind sponsorship with Cisco’s Public TelePresence Suites. Following opening remarks by ANZA CEO Viki Forrest, who was in Sydney for this inaugural event, the Silicon Valley experts in clean energy and storage (Peter Bryant, TransTech USA), green building and infrastructure (Ted van der Linden, DPR Construction, Inc.) and water supply, purification and waste water treatment (Steve Line, ICOMMM, Inc.) gave short presentations on market landscape, competitive environment and funding and partnering opportunities.
Key areas covered included:
- Why — in spite of the economy — it is still a good time to do business in the clean/green market space (“Think of what’s happening in the US right now as a ‘dot.energy’ boom” — Peter Bryant)
- Regional and regulatory complexities in the US market in the clean/green space
- Capital flow from the 2009 economic stimulus plan (“A perfect storm for green tech — the consumer demand is there and we now have a government that supports it” — Ted van der Linden)
- What VCs and angel investors are looking for in a business plan and the current state of funding (all experts agreed that funding should pick up in “the next 12 to 18 months”)
- Partnering opportunities
- Market entry (“It helps if you have some proven metrics — show potential investors and partners how they can measure the savings or improvements your technology will make” — Steve Line)
- The role of marketing in the US vs. Australia
The presentations were followed by a Q&A session, with each company having the opportunity to ask the experts for further information. As part of this program, the companies also have access to the experts for one-on-one guidance for a period of one week.
The video conference is part of a larger NSW US market exploratory program with ANZA TechNet that provides in-depth US market research into various innovative tech sectors, provides US expert opinion on each sector and allows for participating companies to have one week of expert input on their company’s technology and market strategy beyond Australia.