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Sacramento Poised to Become Green Energy Powerhouse; Report Outlines Plans for Contest Among High-Tech Companies

The Sacramento region has the potential to explode into a powerhouse for clean energy research and technology in much the same way that Santa Clara became Silicon Valley.

That’s the conclusion of a report just released by the Clean Energy Business Incubator Project of the McClellan Technology Incubator and the Sacramento Regional Technology Alliance (SARTA). The report, titled Clean Energy in the Capitol Corridor: Making the Region a Green Powerhouse, details the many benefits that exist for the area when it comes to clean energy technology. (See http://www.mtisac.com or http://www.sarta.org for copies of the report.)

However, the report also contends that in order to accomplish Silicon Valley-style success, there needs to be a concentrated effort to support the region’s many green-tech entrepreneurs. Currently, these clean energy experts mostly work in a vacuum that is void of the synergy and sustainability necessary to take their ideas from concept to commercialization.

One answer, the report says, is to spark venture capital interest in the area by proposing a $50,000 competition among the region’s high-technology start-up companies to help synergize and leverage the vast capabilities of the area’s clean energy intelligence and research expertise.

Full Story: http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20050930005164&newsLang=en

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