Breakthrough Technologies Institute - Fuel Cells 2000
Breakthrough Technologies Institute - Fuel Cells 2000
Breakthrough Technologies Institute - Fuel Cells 2000
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Pennsylvania Hydrogen and <strong>Fuel</strong> Cell Consortium<br />
www.dep.state.pa.us/newsletter/default.asp?NewsletterArticleID=9152&SubjectID=<br />
The Pennsylvania Hydrogen and <strong>Fuel</strong> Cell Consortium seeks to help build support for<br />
Pennsylvania's leadership in the hydrogen economy by encouraging and supporting<br />
partnerships among government, business and academia that are related to advanced<br />
energy technology. Consortium members include representatives from the<br />
Pennsylvania Department of Environmental Protection, the Pennsylvania Department of<br />
Community and Economic Development, DOE, the U.S. Army Construction Engineering<br />
Research Laboratory, Siemens Westinghouse Power Corp., Johnson Matthey <strong>Fuel</strong> <strong>Cells</strong><br />
Inc., TRF’s Sustainable Development Fund, PPL, Concurrent <strong>Technologies</strong> Corp.,<br />
Franklin <strong>Fuel</strong> <strong>Cells</strong> Inc., Air Products and Chemicals Inc., Power and Energy, Penn State<br />
University Citizens for Pennsylvania’s Future, Pennsylvania Environmental Council,<br />
Clean Energy Group and the Clean Air Council.<br />
Contact:<br />
Gary Obleski<br />
Pennsylvania Department of Environmental Protection<br />
Phone: (717) 772-3318<br />
E-mail: gobleski@state.pa.us<br />
7. EMERGING BUSINESS SUPPORT<br />
New PA Venture Capital Investment Fund<br />
www.newpa.com/programDetail.aspx?id=57<br />
www.newpa.com/newsDetail.aspx?id=324<br />
New PA Venture Capital Investment Fund is a $60 million component of the Governor’s<br />
economic stimulus package. The program provides loans to Pennsylvania-focused<br />
venture capital companies working to make investments in technology businesses<br />
located in the state. The pool of money, leveraged by another $180 million in private<br />
equity, totals $240 million. Investments must be made in underserved areas of the state,<br />
defined as outside the Philadelphia MSA and those with populations below one million.<br />
<strong>Fuel</strong> cell companies are eligible to receive investments by venture capital firms. One<br />
approved loan is being made to Draper Triangle Ventures, which will make investments<br />
in high-growth companies located in western and central Pennsylvania and Ohio<br />
focusing on the following industries: information technology, medical technology and<br />
devices, automation technology, nanotechnology, fuel cells, advanced software,<br />
educational technology and MEMS/semi-conductor/materials. Draper Triangle Ventures<br />
will invest in seed and early stage emerging technology companies.<br />
Contact:<br />
Pennsylvania Department of Community and Economic Development<br />
Commonwealth Financing Authority – New PA Venture Capital Program<br />
Commonwealth Keystone Building<br />
185