Venture capital investments have dropped and insolvencies are set to rise, but investment in Cleantech firms reached new highs in 2007 according to the Library House.
Investment down, but new energy up
Venture capitalist firms tightened their belts in a tough 2007, with investments across
Small business in trouble
Insolvencies are set to hit hard this year as borrowing costs rise and all lenders reign in their risk profiles. According to some, smaller companies are likely to be affected the worst. Paris-based credit insurance and management firm Euler Hermes stated that European insolvencies are set to jump 8.3 per cent to 13,492.