Carbonscape's global expansion will take place, but will New Zealand invest in its development?

(sticK - 8 Feb. 2011 ) Having proved its microwave method of producing charcoal is feasible, Carbonscape's now looking for the right investors to globally expand.

As a start-up New Zealand business, whether those next investors are NZ-based is both problematic and indicative of the growth and expansion challenges faced by many of our entrepreneurs. Doubly so in Carbonscape's case, as the technology's very new.

The challenge is to attract strategic investors who can pony up with the $2-$10 million to give a push to its microwave technique which can convert essentially any organic waste such as sawdust, into valuable products.

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http://sticknz.net/2011/02/08/carbonscapes-global-expansion-will-take-place-but-will-new-zealand-invest-in-its-development/

For sticK – science, technology, innovation & commercialisation KNOWLEDGE - is a new Wellington based news service concentrating on following the money from ideas to income. Contact editor Peter Kerr at peter.kerr055 @ gmail.com