Investments in renewable energies (with the exception of bioenergy) are characterised by high upfront costs and low operational costs. Once an investment decision has been taken, investors have little room for adapting it to changing regulatory and market conditions. Political or regulatory uncertainty increases the risk for investors, and consequently raises the cost of capital,38 making the overall investment more costly.39 Some Member States have made retroactive changes to their RES support schemes, which has undermined investors' confidence.40
This paper analyses the development of renewable energy sources (RES) in the EU, with a focus on support mechanisms at the EU and Member State level, including current and upcoming reforms. It presents the principal support mechanisms for RES, as well as developments in selected Member States, outlines the main technical and regulatory challenges associated with an increasing share of renewable energy and highlights the involvement and positions of the European Parliament. The development of renewable energy sources (RES) is a priority for the European Union. One of the goals of the EU Energy Union strategy is making the EU the world leader in renewable energies
In what can be considered a historic day for startups, small businesses and entrepreneurs all across the United States, the Securities and Exchange Committee (SEC) voted 3 to 1 to approve the final rules for debt and equity crowdfunding (aka Regulation Crowdfunding) on Friday. In about 180 days, tech startups and Main Street businesses will be able to raise up to $1 million from their friends, followers, and community via SEC registered websites. There is a lot you need to know about the new rules, so let’s jump right in:
Biotechnology Venture Capital Investments is an authoritative, insiders perspective on the ins and outs of biotechnology venture capital and the unique factors surrounding venture capital in this ever-evolving industry. Featuring managing directors and partners representing some of the nations top VC firms, this book provides tactical advice for venture capitalists and entrepreneurs on structuring investments and negotiating deal terms. These industry experts offer proven strategies for establishing valuations, putting together a management team, evaluating risk, and overcoming many of the challenges involved specifically within the biotech industry. From examining term sheets to working with founders, these experts articulate methods for approaching deals strategically and funding appropriately based on key milestones. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great minds powering the biotech venture world, as experts offer up their thoughts around the keys to success within this fascinating industry where science, investing, and deal-making intersect...
Chapters Include: 1. Wm. Blake Winchell, Managing General Partner, Fremont Ventures - "Building Businesses With Venture Capital" 2. ...
Wm. Blake Winchell is a member of the World President’s Organization (www.wpo.org) and is an adjunct professor at IE Business School in Madrid, Spain, one Europe's leading business schools, where he teaches highly rated courses on Entrepreneurship and Venture Capital and Entrepreneurial Acquisition (Search Funds). He is also on the IE Business School International Advisory Board.
Blake received his M.B.A. from the Stanford University Graduate School of Business and he is a Certified Public Accountant. He earned his B.A. from Dartmouth College with high honors in English and Economics; he was a Rufus Choate Scholar and received the Henley Economics Award.
Europe is undergoing a significant technology entrepreneur brain-drain to the United States because it is not doing enough to retain information and communication technology (ICT) start-up companies.
A report by researchers from Imperial College Business School, initiated by the EIT ICT Labs and published today, found that ICT is a major economic driver for Europe. Between 2005 and 2010, investment in the sector accounted for one-third of all economic growth in the region, while ICT innovations bring positive, knock-on benefits for other industries.
The report – ‘ICT innovation in Europe: Productivity gains, start-up growth and retention’ – found that European countries are leading the way in nurturing talent, but do hardly enough to retain it. In fact, 43 percent of successful EU start-ups end up being acquired by US companies.
Over seventy percent of active individual investors (71%) describe themselves as interested in sustainable investing, and nearly two in three (65%) believe sustainable investing will become more prevalent over the next five years, according to a new survey published today by the Morgan Stanley Institute for Sustainable Investing. The new Sustainable Signals (PDF, 8 pages) report examines the attitudes and perceptions of individual investors towards sustainable investing and considers the broader implications for investors, corporations and governments.
“The trajectory for sustainable investing continues to point upward. What used to be a bifurcated decision – one between investing to make money and giving to do good – is increasingly becoming a blended conversation as investors look to harness the power of the capital markets as a force for positive impact,” said Audrey Choi, Managing Director and CEO of the Institute for Sustainable Investing at Morgan Stanley. “As sustainable business practices and investment options become more important to investors, the Morgan Stanley Institute for Sustainable Investing is working to drive scalable investment solutions that seek to achieve market-rate returns and help address global challenges.”
Millennials and Women Leading the Way
The survey finds Millennials and women at the front edge of sustainable investing and sustainability. Millennial investors, in particular, index the highest of any demographic on these topics. Related findings from the survey include:
• Millennials are the most open to the idea of sustainable investing (84%) as compared to Gen X (79%) and Baby Boomers (66%).
• Millennials are twice as likely to both invest in companies or funds that target specific social/environmental outcomes and divest because of objectionable corporate activity.
• Women are also leading the way, with 76% of surveyed investors showing interest in sustainable investing, compared to 62% of men.
• Female investors are nearly twice as likely as male investors to consider rate of return as well as the impact of their investment when making an investment decision (40% vs. 23%)
May 2014: In a rare move, a group of young public servants and diplomats based in the European Union's headquarters in Brussels has launched a passionate plea for a more constructive and far-reaching debate about the fate of Europe. Members of the group, called Euro2030, want to remain anonymous to avoid embarrassing the institutions its members work for. But with under two weeks to go before European elections, this new generation of officials at the very heart of the EU has become frustrated both by the tone of the current debate on Europe and by the failures of the EU itself...