(Pic from WRD Environmental)

From FAZ out of Germany, news of a Netherlands based venture capital fund focusing on sustainable technology start ups. More on Start Green in their press release (pdf).

Fortis Venturing, Triodos Innovation Fund and DOEN Participaties today announced that they have jointly set up Start Green: a new fund that will invest in ten Dutch starter companies engaged in sustainable technology.

The three partners have set up this fund in order to contribute to the economic and environmental development of the Netherlands by making venture capital available to sustainable 'technostarters', i.e. start-up businesses based on a new technical invention or a new application of existing technology. The objective of the fund is not just to maximise returns but also to benefit the community and promote sustainable development. Start Green plans to invest in some ten businesses over the next four years. Its life will extend until 2018 and a total of 8 million will be available for investment.

In other green technology stories ...

*Norway opens its first hydrogen fueling station.

*Sustainable Development Technology Canada calls for clean technology funding applications.

*Independent report released on Australian-based Solar Tower developer, EnviroMission Limited.

*Late September will see the release of two important CO2 emissions market research reports at the Global CO2 Cap-and-Trade Forum in Washington, D.C.