Tech startups are normally started by a bunch of people (3 or less) with an idea or their guts telling them that there's a niche to exploit. They spend 1 year working on it on their laptops/desktops, surviving until they manage to convince customers/angels/VCs to give them money.
Relatively, cleantech startups require lots of capital investment as there's normally a product involved. Building a product requires prototyping, testing, manufacturing facilities..
It does not make sense to graft the SV startup process to cleantech.
So, how do 3 (or less) good friends in university start a cleantech company?
1. Pair with an experienced businessman/professor who already has the invention
2. Look through the Patent and Licensing Office of the university
3. Turn their FYPs or research projects in university into their product and make use of the university's resources to develop it
Yiyang and gang's process is starting to make more sense to me.
Feedback (for the noob me)?
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