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New Web site will close gap between energy innovations and increasing consumer demand

Kauffman Foundation Launches Online Energy Innovation Network to Help Scale New Energy Economy(WASHINGTON) March 1, 2010 – With more than $80 billion already invested in U.S. clean energy development and another $150 billion being proposed, this emerging industry has been tagged as essential to jump-start the economy and create new jobs. Yet significant barriers plague this highly regulated, complex sector that prevent it from making the kind of progress that such high expectations demand.

Knowing that entrepreneurs can accelerate the clean energy revolution if given access to the right networks, the Ewing Marion Kauffman Foundation today launched the Energy Innovation Network (www.energyinnovationnetwork.org) at the Energy Innovation Summit co-hosted by the Kauffman Foundation and the Advanced Research Projects Agency–Energy. The Energy Innovation Network will provide links to technologies, entrepreneurs, finance, buyers and policymakers to make the pathway for energy entrepreneurs more transparent.

"Few industries have had to overcome the high capital requirements, regulatory hurdles and variety of stakeholders that clean energy is facing," said Lesa Mitchell, vice president of Advancing Innovation at the Kauffman Foundation. "While there may be an energy innovation imperative, there is no energy innovation mechanism. The Energy Innovation Network will help close the gap between demand and delivery."

To read the full, original article click on this link: Kauffman Foundation Launches Online Energy Innovation Network to Help Scale New Energy Economy

Author:

Martin Maisonpierre, Edelman, This email address is being protected from spambots. You need JavaScript enabled to view it., 212-704-8111
Barbara Pruitt, Kauffman Foundation, This email address is being protected from spambots. You need JavaScript enabled to view it., 816-932-1288