In Maryland, startups in green fields say they are seeing many angels and individual investors seeking to get in on the trend. "Expectations in the investment community is that products and devices that are environmentally friendly, even if they come at a higher, even if they come at a higher cost initially, will be mandated or highly attractive for people to buy in the future", said Scott Laughlin, CEO of Zymetics Inc. in College Park.
According to National Venture Association and PricewaterhouseCooper investment has been slow in recent years with venture funding hitting a five year low in the first quarter of 2009 down to $155 million but rebounded to $274 million in the second quarter.
Some observers said they expect the trend to continue. Green investments will grow as a natural progression. Green technologies are not just politically correct but productive and efficient.
Make green a reality!
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