Biofuels 2.0: Sustainable Startups — from Garage to Gargantuan
When:
Tuesday, February 16, 2010
6:00pm - 7:00pm - Networking and Refreshment
7:00pm - 8:30pm - Panel Discussion and Q/A
Biofuels 1.0 focused on using traditional techniques to derive ethanol from food crops. While many companies saw initial success, increases in the cost of food combined with falling oil prices sent ripples through the entire biofuels industry. A new generation of startups, Biofuels 2.0, is once again tackling the opportunity in liquid fuels. Some innovative technologies also offer alternatives to the use of fossil fuels for plastics, fertilizers, and commercial chemicals — creating additional ways to leverage investments and diversify markets.
Armed with lessons learned, new business models, advancements in biotechnology, and an evolved understanding of how to minimize and control social and environmental impacts—all eyes are set on claiming a substantial portion of the global $3 trillion+ petroleum-based fuels market.
A panel of industry leaders, including early-stage biofuel CEOs, will discuss whether biofuels 2.0 can really provide sustainably better solutions, and how a new generation of companies are going from Garage to Gargantuan.
* Sustainability of business models, scaleability, and environmental impacts
* Opportunities for small, bootstrap startups in the biofuels value chain
* How failures in biofuels 1.0 are creating new opportunities in 2.0
* Counterpoint: The dark side of the revolution
* How to know if a company is sustainable
* Exit strategies and cheap oil: What models are most viable? What do VCs think about Biofuels 2.0?
* Industry partnerships: How best to use them to scale
* Informatics and genomics: Exponential drivers for development
Moderator
* Jim Lane, Editor/Publisher of the BioFuels Digest
Presenter
* Jack Oswald, CEO of SynGest
Panelists:
* Eric McAfee, CEO AE Biofuels
* Leandro Vetcher, Co-founder & VP Business Development, Green Pacific Biologicals
* David Berry, MD, PhD, Partner, Flagship Ventures (Co-founder LS9, Joule Biotech)* Paul Bryan, PhD, Biofuels VP-Technology, Chevron Energy Technology Co.This event is co-sponsored by BayBIO.org, the voice of the Bay Area biotechnology community, and CleanTech.org, the preeminent local investment community focused on game-changing technologies.
About VLAB :The MIT/Stanford Venture Lab (VLAB) is the San Francisco Bay Area chapter of the MIT Enterprise Forum, a non-profit organization dedicated to promoting the growth and success of high-tech entrepreneurial ventures by connecting ideas, technology and people. We provide a forum for entrepreneurs, industry experts, venture capitalists, private investors and technologists to exchange insights about how to effectively grow high-tech ventures amidst dynamic market risks and challenges. In a world where markets change at breakneck speed, knowledge is a critical source of competitive advantage. Our forums provide an excellent opportunity to network and learn about pivotal business issues, emerging industries and the latest technologies.