Making the Case for Cleantech Investment Partnership
It’s not hard for me to make a case that clean tech investors or funds should support the activities of the Borincana Foundation based on my conviction that Puerto Rico is an incredible “sandbox“ for testing and refining new technologies, business practices, financial innovation, dynamic regulation, and political will. Funds and investors who have technologies or businesses that they need to road test in real world conditions can, I believe, do so faster, better, and cheaper in Puerto Rico. This translates into more robust and varied product or process testing, less time to market, less dilution to principals, and higher returns (or perhaps smaller losses - let's be honest) to investors.
The way the Foundation is envisaged it can and will support matchmaking between new companies looking to invest and test their technologies (or business plans) and local partners/opportunities. Moreover, the Yoeman’s work of building skills, structures, and institutions to unblock markets and unlock investment serve to lower the risk and enhance the value of business model experimentation.
A major goal of the Foundation is to generate large scale and attractive opportunities to invest private capital in private enterprise – And receive back a royalty/income stream for so doing that will enable the Foundation to perpetuate its operations and continue to invest in Puerto Rico. I expect the Foundation to generate many such opportunities spanning the gamut from venture to asset secured debt.