Posted on October 22, 2013 by Clare Le - N-News, Blog, Press Coverage
Ross Tieman of the Financial Times highlights the challenges cleantech startups face, and the important role incubators can play. Here’s a short excerpt:
Fred Walti, executive director of LACI, says one of the key lessons since the incubator was set up in 2011 is that “clean tech isn’t media, the Internet or software. This is ‘deep tech’, with serious science and difficult problems. It is difficult to demonstrate market traction in a short period of time.”
For the full article, please visit FT at http://www.ft.com/cms/s/0/2c3b17b8-2c26-11e3-acf4-00144feab7de.html#ixzz2iaTO8Cyd
Posted on July 17, 2013 by Clare Le - N-News, Blog, Top Menu
LACI Portfolio Company Chai Energy launched a free new iPhone app – Summer Saver – that helps you easily cut your utility bill.
Chai smartly tied the app to So Cal Edison’s “Save Power Days” which encourages customers to use less electricity when there’s high demand on the grid. With Chai’s Summer Saver app, you earn credits directly on your utility bill, saving up to $20 in a single day.
Posted on June 19, 2013 by Clare Le - N-News, Blog, Main, Press Coverage
Work is set to begin on the 3.2-acre La Kretz Innovation Campus in L.A.’s arts district, which will give the nonprofit 10 times more space to nurture start-ups…
Read the full story here.
Article by Catherine Green, Los Angeles Times
“We have access to the resources and the connections and the ability to use local government, yet we’re run by entrepreneurs,” said Fred Walti, executive director of the Los Angeles Cleantech Incubator. (Bob Chamberlin, Los Angeles Times / June 18, 2013)