thechilli media platform for entrepreneurs and startups in the high-tech and media industries, including university and corporate spinouts, venture capital and angel funding, and government - all in the chilli thechilli media platform for entrepreneurs and startups in the high-tech and media industries, including university and corporate spinouts, venture capital and angel funding, and government - all in the chilli

Narayan Murthy, Infosys founder, speaks in London

Women entreps think tank gets £540k

BERR changes

Investment in natural speech for games

Awards reach Europe VCs

Mobile-based social network targets India

Schroder heads Arma USA

3i expert joins Wellington

Banks & small business

Motorola's deal for Jha

EDA test firm's £750k

DN Capital opens in US

SWRDA fastTrack2

Young Apprentice winner

Miracor receives €6 million

New ETF team member from Goldman Sachs

Glover review - SME feedback wanted

NTRglobal receives €22m

North-West technology network kicks off

Electronic nose tech

Scottish Diaspora

Enterprising Britain finalists

$4.5m for ChipVision

Ericsson reverse stock split

Schools' design challenge

£600k for biometric spin-out

$8m for travel web site

Review site funding and French portal

Selective public procurement for SMEs/HTSUs

Silicon Valley Boomer Business Competition

Firms go online to choose licensable tech

Techno gadgets burning out Brits

Serial web entrepreneur now at Wellington Partners

More female entrepreneurs wanted

HuaXun 'sea turtles' and CEVA deliver software GPS

$10m for in-building wireless tech

$220m clean tech fund closes

5th exit for The Capital Fund

Flight search engine's new chairman

lastminute team gets second Spark

Mobius acquires Harvard technology license

£2m for sensor startup

SMS innovator secures £450k

FirstCapital assists Multimap in $50m buyout

Toumaz adds Australian patent

Virtual awards for mobile content

Fibre to premises & WiFi gets boost

France stock options

Mi-Pay receives £1.8m

New VC for early stage tech

2008 tech growth despite gloom

NMI honours Ian Burnett

Scottish uni projects get £3.3M

Pulsic appoints EDA veteran

£600k for optical imaging

Join trade mission to India

London Technology Fund makes first exit

CamSemi eastern drive

Europe’s web + communities start-ups meet

XMOS raises $16m

No 9 to 5 for entreps

Belgacom satellite business acquired

Inxstor gets £600k funding

O2 entrepreneur of year

OnRelay + IQ Capital

Dot bomb v2.0?

£225k for nano LEDs

Vicky Pryce at GEService

More Chilli Bites..

States' new economy boost

Energy dept predicted by The Chilli

UKFI and early stage funds

A real-life dragons den, not reality TV

Co-founders' £44m cash jackpot

Intelligent mannequins

£80m R&D tax credit boost

Nokia/Qualcomm patent

Bill Gates retires, but..

Biofuels debate

UK VC capital in decline

Can EIS survive?

VCs follow new global innovation

UK's hidden innovators

Doing it in style in China

Bill Gates House Science Cttee speech

UK budget 08

A new UK talent strategy and SMEs

New Scottish can do spirit

New BERR team

Pesistence through volatile markets

HTSU's caught up in private equity crossfire

UK entreps' poor self-confidence

Goodbye DTI: game, set and ‘DIUS’

Indian KPO is the real threat to European high-tech, not BPO

Budget ’07: analysis for high-tech start-ups

Technology Strategy Board

UK business signing own death warrants

Brown's Speech, Bangalore, India

Why early stage investors stick to domestic markets

More editorials..

USOs show emerging tech

Antenova gets $10 million investment

Artimi raises $26.5 million in series B (R2) funding

Mirics: a fabless start-up with a clear vision

DiBcom

picoChip secures new VC fans and $20.5 million R3 funding

Esmertec IPO postponed

Smartdot

More Due Diligence..

£4m alternative funds for West Midlands

£300k investment in Bluetooth/Wi-Fi start-up

Semi investments drop 44%

Irish fabless bucks trend, secures $14m in R1

Israeli $2.3m VC funding

Intel leads solar €85m

MergeOptics rares towards IPO

CamSemi investments now total £30.5m

Scottish £1.3m grant to IC firm

No Israeli credit crunch

Cleantech investment peaks

Fuel cell tech funding

$14 million for mobile voice apps

European VCs smell billion dollar exits

Use PE capital for overlooked markets

High-tech investors'optimism for 2008

Ex CSR VP leverages £1.2m in Camrivox

BoS pitches in with Oxford Angels

Israeli VCs hit six-year record

Oxford Capital ‘tees off’ with new venture

Braveheart maiden results

Israeli investments to hit record $1.7bn

New ECF candidates Q407

Q307 Euro VC trends

Earlybird VC exit award

US angel trends 1H07

VCT honeymoon over

US VC deals

First half Israeli VC rises by 10% to hit $842 million

E-Synergy to manage new Emerald Fund for university research projects

European Q1 VC flat at €1.07 billion

Venture-backed M&A/IPO levels back to 2000 level

More investor trends..

Ericsson mobile moves in Africa

Low cost photonics silicon prototyping

California complacency

Renewables report: can UK meet target?

Semi companies raised $2.7bn in 2007

World’s first 60GHz HD wireless chip is developed

GSM to dominate South Asia

Case report: patents/software in England

£2m funding drives microfluidics tech

70m mobile broadband demand

iPhone revenue sharing

Embedded mobile broadband study

UK patents: top 10 consolidates

Company law overhaul

Durham Scientific Crystals

UK R&D

Corporate spin-outs/carve outs/corporate venturing

The US SBIR and its relevance to the UK

UK tech VC investments in 2004

Chip + PIN: show the money

Digital cinema kick-start

More markets..

SFLG 2, by Ivor Sutton

Motivational and educational

Objective and not condescending dragon

Academics must blame themselves if they don’t patent

SFLG: independent ombudsman

SFLG sympathy: Bank managers are clueless

More right 2 reply..

Dialogue - Rajeev Madhavan

Gregory K. Hinckley

Robin Saxby

Walden Rhines

Simon Davidmann

Steve Jobs

Candace Johnson

David Srodzinski

SiGe pioneer

Richard Farleigh

Simon Davidmann

Gary Kildall

Walter Herriot

John Laurie

Amaratunga, CamSemi

More profiles..

Outsourcing tips

R&D tax credits debate

Call for papers - VLSI2009

Lost years for UK innovation

Hard times, position your company for downturn

Physical packet-switched networks for transport

Green myths about corn ethanol

BBAA on investment support in early stage businesses

English Court Position on Computer Programs and Business Methods

The changing environment for life science funding

New thinking on competitiveness

Patent, publish or perish?

More speakers corner..

Acuid in administration

MBO blues, part two

MBO blues, part one

Destructive acquisitions

The road to CEO hell

Doug Richard's downturn survival tips

Investing worst practices

To patent or not patent

3GSM Congress tips

Venture finance terms

The global patent

Trademarks

Steve Jobs

Investor presentations

Fixed legal fees

Mike Baker's start-up tips

More trade secrets..

Accountants are tech-savvy

Entrep and angel reunited at Venturefest v8

Mirror TV

Schoolmaster claims credit for entrepreneurship programmes

Auto PR generator

Intelligent Mechanized Mannequins

About Uncle Thakur

11 – Outsourcing: you own the customer

10 - the prospect, the channel

9 - Partnering

8 - Product development

7 - Stock options

6 - Building the team

5 - The term sheet

4 - Pinning down the plan

3 - Seeds of excess

2 - Dinner brainstorm

1 - Drive-by-IPO


Angels better than VCs?

Recent fund volatility

Kerry & Snowe rejuvenate the US SBIC program

Benchmark Capital creates Balderton Capital

China venture capital grew 55 percent in 2006

ETF closes $70m in first European cleantech fund

New £25m early stage venture fund launched along with ‘IQ Angel’ sector experts

Seraphim Capital, an angel-led fund with a mission

Pond Ventures: a VC fund with a live technology pulse

Braveheart plans AIM flotation

Profile: Quotient Diagnostics

Inside Contactless recapitalizes with $25m

Applied Materials purchase of HCT Shaping Systems SA

ARC’s acquistion of Tenison EDA: a real bargain

Giddy steps down from Amino

Mobile multimedia

MPEG-4 rising fast

Sweet vengeance for Transmeta as Intel forks out $250m

CEVA DSPs in 80% of handset OEMs

Sony Ericsson ASP drops but volume grows 59%

Tenison EDA acquisition by ARC

China to adopt single corporate rate tax for both domestic and foreign entities, and property rights law

Automotive semiconductor firm ELMOS raises sales and net income

Trade Commission’s final decision in Rambus ‘standard setting’ case

CEVA cost-cutting drive for profitability impacts first half revenue growth

US angel networks go through a renaissance

Ignios’ final curtain: lessons learned

Can start-ups compete directly with the giant gorillas?

OECD Inflation data

Broadband market

Cellular modems on rise

Europe revives optics

MIDs boost mobile data traffic

Future market for personal navigators

Multi-standard DTV

Digital asset opps

Nokia lowers outlook

Is AM-OLED viable?

Mobile phone market saturation

Decline in RF for 3G

Enhanced mobile HSPA

3G iPhone teardown

Solar cell parity

Flirting with EU

HSPA mobile broadband deal

GPS to hit $1bn

Downturn in all economies

Wireless semis surpass overall chips

Optoelectronics growth

Photovoltaic silicon shortage

Q108 mobile handset top five

Hollow victory for Blu-ray?

WiMAX roll out

LEDs drive lighting

Blade server shipments

2008 smart cards

LED challenge in lighting

Nintendo leads in Q307

Map IP holds key in GPS

Consumer WiFi radio eBOM

LCD-TV mkt: $7.4 bn in 2011

PC Market Q2

Microcontrollers growth: Renesas takes lion share

Optics market boost with Ericsson high capacity IPTV

OLED shipments will make a small mark in TV market

Electronic shelf display (ESL) to lead small display market

OECD broadband subscribers to hit 200 million

Content drives up mobile phone ARPU as voice declines

PMP/MP3 player is fastest growing market in consumer electronics

Is there a future for DAB, DVB-H, mobile TV in automotive infotainment?

Pay-TV, IPTV to drive premium video services market to exceed $277 billion by 2010

Freescale Semiconductor leads in $18bn automotive IC market

How much do the components cost in an iPhone?

How much do the components cost in an iPhone?

Will Europe feature in the top fabless list?

India’s chip design industry set to nearly quadruple by 2010

Smartphone sales rising fast

PlayStation 3 offers supercomputer performance at PC pricing

Clock generation market to double in five years

Broadband/Internet potentially the most disruptive market for video-on-demand (VoD)

IPTV subscriber base set for explosive growth

Temperature sensor ICs growing again

Blood pressure monitoring and tyre pressure sensors market to double

Is Toshiba taking loss on HD-DVD shipments?

China’s top 10 IC design companies - opportunities for HTSUs

New thermal IC products - ‘cool’ solutions

key trends in the Indian telecom industry

iPod and cell phones intensify market for OLED displays

Real world signal management drives $50 billion mixed-signal market

The big semiconductor company’s dilemma

Promising science: magnetic logic

China-India GDP

Indian bio start-up support

India economy 2008

Chinese EMV market

Nanotech challenges

Idea Cellular picks supplier for Mumbai

Rural Internet pilot

China 3G licenses

China GPS chipsets

India $6.59bn consumer electronics

Indian telecom $4.5bn capex spend

Early stage fund marriages

London acquires Yorkshire

Increased MEA M&A

Europe IPO/M&A slows

US IPO rebounds

Motorola's acquistion of TTPCom will unnerve IP market

Rajeev Madhavan

SBIR 20th year study

3i out of venture capital - The Chilli perspective

IMEC Taiwan benefits start-ups

Results of 10 year small firms' study

Should VC backed companies be entitled to government grants?

Capital market turbulence

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The unintended consequences of biofuels


The debates and discussions on the merits and consequences of biofuels are now primetime discussions, with high-tech entrepreneurs like Vinod Khosla getting mainstream coverage on his quest for investing in biofuels – a typical example is The Sunday Times article this week (see “How China’s thirst for oil can save the planet” ). The Chilli had recognised this some way back and in September 2007 we had published a white paper on this very subject and the concerns over California’s quest for biofuels (see “Corn ethanol: the unintended consequences of AB118”).

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The key argument in this paper we had published is that although clean environmental lobbies and projects are in full steam, sometimes a headlong rush into quick fix legislation can have unintended consequences. The paper looked at the impact of corn ethanol on water and food supply, fuel, air quality and the financial benefits for investors.

The paper also argues that biofuels are not quite as clean as they would have us believe, using California as an example.

Growth of the corn ethanol industry in California is fraught with unintended consequences, none of which are beneficial to the economy or the environment of the state. The consequences include major impacts on our overcommitted water resources, on the price of food, on our air quality and on the financial burden to citizens while private investors profit. The Assembly Bill 118 which it reviewed, and other promised subsidies for the development and deployment of alternative fuels in California, would develop a ‘food for fuel’ program, affecting food prices, water use, and even aspects of air quality.

It continues that the myth that ethanol is ‘clean’ needs to be dispelled. While the Governor of California would like us to focus on a low carbon fuel standard which makes the use of ethanol ‘look good’ next to gasoline for reduction of the carbon greenhouse gasses in fuel, there are other negative air quality impacts with the use of ethanol—increased VOCs, NOx and ozone. “Overall, the results tend to support that the ozone impact of permeation VOC (volatile organic compounds) relative to CO is overwhelming and significant.” Ethanol molecules escape the gas tanks and hoses because they are microscopically small enough to permeate the walls of the tanks and the hoses. (Dongmin Luo, Research Division, CARB, January 2006: Draft-The Ozone Impact of Permeation VOC relative to Carbon Monoxide).

There are alternatives to biofuels if we understand that an alternative source of energy for transportation does not have to be a liquid fuel. Photon International Magazine, in its April 2007 issue, offered an interesting comparison between the renewable effectiveness and environmental impacts of plug-in hybrid vehicles powered by PV solar panels versus biofuels. Once a PV panel has been installed, it will supply energy for twenty-five or more years with very little maintenance. Any crop that is grown for ethanol requires energy annually, expensive processing and distribution. Why not put PV panels on carport structures on the top open air layer of public garages, with outlets for recharging. Use subsidies for this long lasting low environmental impact fuel rather than for corn ethanol. Specific subsidies for a single PV panel on private homes for hybrid vehicles could also be suggested.

To see the full while paper published by The Chilli in September 2007, click here.


Comments on this story? Send an email to the editor: address - editor [@] thechilli.com

© Chilli Publishing Ltd 2008

10 JUl 2008



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