From PESWiki

New Energy Congress -- Capital Resources Committee

The purpose of the Capital Resources committee is to help inventors avoid the quicksand and pitfalls from funding arrangements not in their best interest; to help identify valuable financial leads; and to see that the NEC receives a fair piece of the action when successful matches are facilitated.

Committee Members

• Ken Rasmussen, committee chair
• Paul Noel

Committee Roles

• screening money groups
• networking money and technology
• advising money groups about technologies
• advising technology groups about money
• see that NEC gets a fair piece of the action when they are involved in matching (e.g. 3% finders fee for landing investments)
• understand the basic legal requirements involved in these financial matters

We need to be able to guide people through the process, to let them know what is a good or bad deal at whatever stage of the game they are at. e.g. when there isn'ta prototype yet, the financial investment is going to ask for a much larger piece of the pie, than later on.

Screening Money

One of the primary purposes of the NEC Capital Resources committee is to screen money, like the NEC body in general screens technologies. This committee should consider maintaning a public and a private "Top 100 Capital Resources" listing that energy groups can refer to.

There is nearly as much a gamut in money as there is in energy technology claims

• bogus, fraud
• bogus, well-meaning
• grossly overstated but real
• promising, but not yet well-developed
• ideal match for many of our connections
• understated but real

It is the last three that we are going after to feature when matching up money with technologies. 

Levels of Technology Development

What we want to do is to generate a list of money resources we can refer to technologies that need capital for (again, another gamut) . . .

• building first prototype
• R&D on a working technology
• building company infrastructure
• preparing production prototype
• going into production
• launching into the marketplace
• expanding in the marketplace
• going public

Each of these takes a different kind of finance and entails a decreasing risk (as one proceeds down the list). This list will contain both resources that can be publicly known, as well as some that we need to keep quiet / in-house. 

Discussion

• http://groups.yahoo.com/group/NEC-Capital - private egroup for committee members

See also

• Congress:Committees#Capital_Resources

- New Energy Congress main page
- PESWiki home page