By Alison R.G. van Diggelen, host of FreshDialogues
Just back from a whistle-stop trip to Scotland where I was invited by Michael Clouser, at the University of Edinburgh, to give a series of seminars to students and entrepreneurs. These included:
The state of Clean and Green Tech in Silicon Valley – why green tech is still hot, VC opportunities, greening your business, vampire energy, and best green business practices
Drinking the Kool Aid in Silicon Valley– highlights from ten years of interviews, including midas touch Frank Addante; a brief history of Silicon Valley and its ecosystem; its spectacular successes (Google) and failures ( Webvan); what are the lessons for entrepreneurs? Got some cool feedback on this one and delighted to see the turnout exceeded expectations by 3 or 4 times.
Excellent to get a tour of the new Informatics Forum Building which houses 500 researchers in artificial intelligence, computer science etc. with Dr. Steve Ewing. Amid the gloom in the British economy which has been hit hard by the distastrous performance of the Royal Bank of Scotland (largest corporate loss in UK history last year) and others in the financial sector, there were glimmers of hope among the students and entrepreneurs I met.
One earnest young student, by the name of Ali Eslami approached me after a seminar and explained his hot new idea. Aware that he and all his friends are wasting precious time on Facebook etc. when they should be studying, he’s come up with a cool application: keepmeout. Register those sites you’re addicted to, and it will ping you if you go there too often. Sounds like it might be a useful tool for many of us type A’s here in Silicon Valley.
Another hopeful sign came at my Green Tech masterclass which assembled a group of Scotland-based eco-entrepreneurs, along with two editors from entrepedia , the university’s wiki for entrepreneurs. We had Patrick Hickey from nipht.com an eco-lighting and biolumanescent mushroom (!) developer; Christine Gupta of GuptaPartnership who’s making a name for herself with her blog, MyGreenWheels; David Lawson of EcoMove, Martin Jones of Tantallon Systems, and Alan Blunt, a startup consultant.
After some grumbling about Scottish Enterprise, there was general agreement that the organization is now getting its ducks in a row and is ready to support and nurture early stage startups to full commercialization.
One such startup is led by David Tonery, of Oxy-Gen Combustion, developing a low emission engine he claims offers over 20% increased energy efficiency. He’s received $180K+ in funding from Scottish Enterprise and later this year, is headed to Silicon Valley to do the VC circuit. Smart young guy, from a family of entrepreneurs, and with enthusiastic support from former Scottish Enterprise veteran, John Finlay, I am optimistic he’ll succeed.
One recurring question I faced during Q&A was the issue of “someone stealing my idea.” Despite reassurances from me and others in the room, I fear this cultural gap and reluctance to “go for it” may mean some bright ideas hatched in Scotland don’t see the light of day.
After two days in sunny Edinburgh, I took the train to Glasgow to visit with Paul O’brien of Scottish Development International, a guru of the clean energy sector, who regaled me with all the impressive achievements Scotland has been making in wind, wave and tidal power. He’s bullish that Scotland will be producing 50% of its energy through sustainable means by 2020. More on this in next week’s blog.
I also heard a whisper that Mayor Gavin Newsom is paying the savvy Scots a visit this week to explore opportunities for capturing some of that strong tidal action under Golden Gate Bridge. Wish I could have stayed a few more days to show him round my fair city. Ah…another time Gavin.