It also entails the investment in technology that greatly improves energy efficiency.
Most of the commercial renewable energy projects that are present in the pipeline today and also proposed an applicant under the (ARRA) this is the American Recovery and Reinvestment Act have been stalled due to the lack of financing as a result of constrained capital market.
The expectation is that to provide a significant number of venture capital funded businesses will either fail or at least fail to meet the expectation of their funders or founder(Estrin,2008).
It is true to claim that a minute number will succeed and actually, some of these business will succeed amazingly.
The main reason for making this investment is actually to earn a significant financial return for the Venture Capitalist firma and the institutional investors.
The roles of a Venture Capitalist firm is to find new companies with the largest potential of growth and actively assist this firms to grow and then succeed, they not only provide cash for the firms at a critical point but they also share in the management and technological expertise thus providing a useful introduction to the helping tasks such as the recruitment of key management positions as the companies gradually grows(Gladstone, 2002).
It common for multiple Venture Capitalist to invest in the same company time thus pooling their resources(Kaplan 2002.
Venture Capital in Promotion of Economic Development The current venture capitalist industry in the United States emerged in the 1970s and since then it has been a key driver of the economy.
Research Title Institution Affiliated Studentsâ€™ Name Professors Name Course Date Contents TOC \o "1-3" \h \z \u Abstract PAGEREF _Toc414144717 \h 3Venture Capital PAGEREF _Toc414144718 \h 3Introduction PAGEREF _Toc414144719 \h 3Venture Capital in Promotion of Economic Development PAGEREF _Toc414144720 \h 4Venture Capital as part of the Financing ecosystem PAGEREF _Toc414144721 \h 4Venture Capitalist in Renewable energy PAGEREF _Toc414144722 \h 5Policies that Affect the Venture Capital Investment in renewable energy PAGEREF _Toc414144723 \h 5Factors influencing a post- VC capital into the renewable companies PAGEREF _Toc414144724 \h 5Conclusion PAGEREF _Toc414144725 \h 6Reference PAGEREF _Toc414144726 \h 6Abstract Renewable energy includes solar energy, wind, hydro/ ocean power, biomass energy, geothermal and other different of waste energy.
Financing of the renewable energy includes the development of companies, the financing of power generation, investment in technology and fuel producing materials that use the renewable energy technology.