opportunities abound!
DESCRIPTION
Presentation of Josh Becker, Partner and General Partner at New Cycle Capital. MIT/Stanford VLAB Event on The New Stimulus Package: What Does it Mean for the Valley? April 2009.TRANSCRIPT
Stimulating the Entrepreneurial Spirit
Donnie K “DK” FosterStimulated Entrepreneur
Making supplemental appropriations for:
• job preservation and creation, • infrastructure investment, • energy efficiency and science, • assistance to the unemployed, and • state and local fiscal stabilization,
for the fiscal year ending September 30, 2009
3
$53B
Educationand training
$288B
* Tax Relief
$144B
•State and Local Fiscal Relief
$111B
Infrastructureand Science
$50B
Health Care
$8B
Other
$43B
Energy
$81B
Protecting the Vulnerable
Energy EfficiencyExpenditures
$ 3B – Dept. of Defense
$10B – Dept. of Energy
$ 2B – Science/ ARPA –E
$ 6B – Innovation / Loans
$ 2B – Other Dept.
$23B
It’s not too late
It’s never too late…..
Every business (small, medium, & large) is looking for ways to improve the bottom line while balancing financial, human, and natural resources for long-term benefit
In fact, there are three bottom lines (profit, people, planet)
The stimulus bill, especially around clean-tech provides opportunities for these forward thinking companies to hookup with innovative providers to achieve common good
recovery.com Federal AND State
Understand
Engage
Network
Succeed
ccr.gov fbo.gov EIN,DUNS, NAICS, FSC, PCS,
CAGE, MPIN
Legislators, Labs, Leaders/Mentors
Tenacious pursuit
Loans Grants Solicitations
Federal State Local
Direct ~> Indirect
195 page report:
$3.8 billion - infrastructure $2.1 billion - construction
($1.3 billion - hospitals $0.4 billion - medical fac $0.1 billion - housing $0.6 billion - Homeowner’s
Assistance Program (HAP) $0.3 billion - Near-term EE
technologies $0.1 billion - Energy
Conservation Investment Program (ECIP)
DOD Small Business Innovation Research (SBIR) program:
▪ Fuel Optimization for Mobility Platforms
▪ Facility Energy Initiatives
▪ Operational Efficiencies/Commercial Practices
▪ Domestic Energy Supply/Distribution
▪ Tactical power Systems /Generators
Practice and improve grant writing skills
274 opportunities in last 7 days
Clean Tech Open is an organization of leading entrepreneurs, academics, investors and companies, working together to accelerate the development of clean technology startups ~ sign-up by May 30, 2009
Ask about the SOAR (Stimulus Opportunities And Resources )
program
www.cleantechopen.comAir, Water and Waste * Energy Efficiency * Green Building * Renewable Energy * Smart Power, Green Grid and Energy Storage
