Mr. Smith Goes to Washington Part 1

Mike Swords, CTLA Chair and ED of UCLA Strategic Research; Mark Goodstein, new ED of CTLA; Sean Arian, President of Eos Consulting and myself are in Washington to make the case for supporting Los Angeles’ cleantech efforts. While Mr. Swords and Mr. Arian have done this before, this is Mark and my first “Mr Smith Goes to Washington” trip. It’s been a hell of a learning experience and we’ve just completed the first week.

LACI Welcomes California Lithium Battery

We’re pleased to welcome California Lithium Battery to the LACI community as our newest portfolio company. California Lithium Battery Inc. is a start-up California company established in 2011 to develop and manufacture the most technologically advanced and affordable lithium battery for grid scale energy storage, transportation, and renewable energy industries.

LA Cleantech Incubator (LACI) and La Kretz Innovation Campus moving forward as planned.

As a new era of redevelopment begins in LA, there has been much speculation about the fate of CRA funded projects across the city. Despite the uncertainty, at the City’s clean technology business incubator things are moving forward as planned.

L.A.’s Cleantech Incubator Adds Two Tenants: L.A. Business Journal

Eliosolar, which makes solar power systems and shades for buildings, and ClearWater Holdings, which makes electric motors and generators that power buildings and run power plants, join two other companies already in the incubator at 411 S. Hewitt St. near the Los Angeles River.

DOE Chief of Staff Brandon Hurlbut to Headline Panel at La Kretz Campus on Dec 7

LOS ANGELES, Dec. 5, 2011 /PRNewswire/ — On Wednesday, December 7th, from 7:00pm – 10:00pm, Los Angeles Cleantech Incubator, the Pew Charitable Trusts, the Southern California Gas Company and the L.A. Area Chamber of Commerce are co-hosting Fostering Cleantech Innovation in Los Angeles, which will feature an entertaining and informative panel discussion exploring the future of energy policy in America, and how Los Angeles can play a pivotal role in our nation’s clean-energy future.

LA Times: LACI Example of Cleantech Investment Moving to So Cal

Firms in the green sector raised almost $1.2 billion in the third quarter – up 73% from $684 million collected in the same period last year, according to a report released Wednesday by Ernst & Young. The number of deals in the quarter grew to 76 from 56, according to the report, based on data from Dow Jones VentureSource.

Gridtest Wins at Cleantech Open

Outstanding news… our second portfolio company, Gridtest Systems, just won the Cleantech Open California Region competition in the Transportation category. This competition is very tough as the Cleantech Open is the largest competition of its kind. There were 120 companies competing in six categories in this region. Here’s a link with more details. While I’m […]

And so it begins at the Nickel Diner

Early one morning almost three years ago my partner Neal and I sat in the Nickel Diner on Main Street with Alex Paxton (CRA/LA), Sean Arian (The Mayor’s Office) and a couple of other folks interested in cleantech.