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Insights: VCs Planting the Seeds for a Cleantech Bumper Crop in L.A.

For today's Insights and Opinions section, we have an article from Dr. John Paglia, an associate professor of finance and senior researcher of the Pepperdine Private Capital Markets Project.


Los Angeles boasts 543,835 privately held companies -- among the largest concentrations of small businesses in the world, according to the National Association of Women Business Owners. The city is also home to more than 1,100 startup companies -- the type of companies with the potential for high-growth and strong return on investment.

Adding to these facts is data from California's economic development department showing that information technology (IT) is projected to be a leader in job creation in Los Angeles through 2016, making the benefits to the local economy from venture capital-backed companies quite apparent.

Our research suggests even more can be done to stimulate investment in Los Angeles startups. One area -- cleantech -- is poised to lead the way if spurred by entrepreneurial drive and public policy.


Read Dr. Paglia's complete article, VCs Planting the Seeds for a Cleantech Bumper Crop in L.A..


 

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