Alternative energy investors with Michigan connections could prove vital

Alternative energy looks to be the latest avenue to bring Silicon Valley-style talent and resources to Ann Arbor.Excerpt:The role of risk takers in boosting Michigan’s entrepreneurial economy cannot be understated.Without risk, our economic turnaround efforts could stagnate or falter. Thus why outside investors such as renowned clean tech venture capitalist Vinod Khosla can have a significant impact on Michigan’s economy.The Silicon Valley-based Khosla, one of the key investors in Ann Arbor-based vehicle battery startup Sakti3, is pooling $1.1 billion into two new investment funds to boost alternative energy technology and information technology companies, the New York Times reported today.Read the rest of the story here.

Alternative energy looks to be the latest avenue to bring Silicon Valley-style talent and resources to Ann Arbor.

Excerpt:

The role of risk takers in boosting Michigan’s entrepreneurial economy cannot be understated.

Without risk, our economic turnaround efforts could stagnate or falter. Thus why outside investors such as renowned clean tech venture capitalist Vinod Khosla can have a significant impact on Michigan’s economy.

The Silicon Valley-based Khosla, one of the key investors in Ann Arbor-based vehicle battery startup Sakti3, is pooling $1.1 billion into two new investment funds to boost alternative energy technology and information technology companies, the New York Times reported today.

Read the rest of the story here.

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