Monday, January 3, 2011

Cleantech entrepreneurs: Funding top challenge - Globes

Cleantech entrepreneurs: Funding top challenge - Globes71% of Israeli cleantech entrepreneurs consider their greatest challenge to be raising capital for their ventures, according to a Deloitte Brightman Almagor Zohar survey. 55% of respondents said that th biggest challenge was finding big customers in the global market, and 39% said that it was government regulation.
32% of the respondents said that recruiting trained manpower was also a major challenge. 37% said that engineering positions were the hardest to fill, 27% cited sales managers, and 20% said business development managers.
The survey aimed at creating a picture of the contemporary condition of the cleantech industry and the barriers facing it.