Biodiesel and Ethanol Investing

Boston.com reports that with many Venture Capitalists still hesitant to invest due to the current economic climate, things could be increasingly competitive for a number of clean tech and alternative energy startups, where few survive. Although venture capital funding for alternative energy declined throughout much of the country in 2009, Massachusetts managed to rake in a substantial increase in venture capital funding for clean tech companies, most of which was due to the raising of $100 million for A123 Systems, Inc., which produces batteries for power tools and electric cars. With more and more clean tech companies entering the arena and fewer investors willing to invest, the drive for funding in 2010 will be a challenge for many newer companies.