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April 9th, 2007

Venturing into the spotlight

Abstract:
States like California and Massachusetts traditionally have been magnets for venture capital dollars in the life-sciences and nanotechnology sectors.

In 2006, venture capitalists spent about $2.4 billion to fund projects in the alternative energy sector, compared with $917 million the year before. The sharp rise is related to the growing interest in ethanol and biofuels.

Source:
freep.com

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