Our team at EMPEQ was recently invited to the Northeast Clean Energy Council’s (NECEC) Cleantech Financial Innovation Summit at the Wells Fargo Building in Manhattan on June 22nd last month. Our President and CFO, Derek LaClair, attended the summit, alongside some of the brightest minds in cleantech finance, and took part in several panels and breakout discussions that examined the many existing hurdles in our industry.
“It was refreshing to see that so many cleantech leaders have opted not to rest on the laurels collected by our industry over the last decade,” Derek said.
He shared with participants EMPEQ’s perspective on the difficulties faced by businesses in acquiring project financing for emerging technologies to those in attending the summit, which included a best-of list of entrepreneurs, venture capitalists, and government officials. He was quick to cover many of the possible solutions available to businesses to overcome the financing barrier when pursuing emerging technology projects.
Despite tremendous progress, substantial financial obstacles remain in the way of efforts being taken to make our world more sustainable into the future. Still, Derek left the summit feeling more confident than ever that the collaboration among those in the private and public sectors borne out of events like these will lead to a stronger future for cleantech well into the next decade—and beyond.