Startup Outlook 2013- Cleantech Infographic

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  • 1. Startup Outlook 2013CleantechPromising Industry Sees Sunnier TimesOPPORTUNITIES“With the economy trending in a betterdirection, interest and spending on EnergyEfficiency will become more important.”“We see the transition to a smart utilitygrid as a major opportunity that willcreate a market for our productsand services.”CHALLENGES“Our challenge is to help companiesunderstand the urgency and missedcost savings opportunities (of energyefficiency).”“Were reducing our product coststo remain competitive andincrease profitability.”52%58%72%Say 2012conditions betterthan 2011Generaterevenue10%AreprofitableSay 2013promises to bebetter than 201290%Plan to hire this year81%Say finding skilledemployees is challenging15%Have women on founding team51%Have foreign-born on founding team ANDBUT BUT36%Say IP protection diverts resourcesfrom more productive uses72%Say IP is a valuable asset &worth the costBUTTHINGS ARE LOOKING UP?HIRINGREVENUE AND PROFITS INTELLECTUAL PROPERTYSee all survey reports: Methodology: The survey was completed between December 4 and 20, 2012 among a national sample of 758 executives of innovation companies withup to $100 million in annual revenues and 500 employees. Over 60% of respondents are President/CEO, 18% CFOs and 19% all other executive titles.No longer the "next new thing," cleantech has matured to the point when companies must generate positiveeconomics for the customer while generating profit. Our survey respondents cite the double whammy ofuncertainty in government policy and little investor interest as challenges as they work toward widespreadadoption of their technologies, including expansion opportunities in new markets.Although theyre slightly less challenged in finding qualified workers than software startups (81% vs 92%),cleantech companies report that the cost of salaries and benefits makes it hard to compete for talent. Still,executives are more optimistic than in the past two years, with 85% rating current business conditions the sameor better than last year and 80% saying future conditions will be the same or better.