Modern Technology Cp (MODC)

[northwoods]

And it looks like a COPY & PASTE JOB.

Look at this...

MODC pr:

"Commercializing CleanTech innovations is inherently a high-risk endeavor. The difficulty of attracting investors to support an imperfectly understood, as yet-to-be-developed innovation is especially daunting. The term, "Valley of Death," has come to describe this challenging transition when a developing technology is deemed promising, but too new to validate its commercial potential and thereby attract the capital necessary for its development. Lacking the capital to develop an idea sufficiently to attract investors, many promising ideas and firms perish".

Verbiage appears to be "borrowed" from:
http://www.ncbi.nlm.nih.gov/bookshelf/br.fcgi?book=nap11851&part=a20012ed1ddd00015

Crossing the “Valley of Death”
Commercializing science-based innovations is inherently a high-risk endeavor.5 One source of risk is the lack of sufficient public information for potential investors about technologies developed by small firms.6 A second related hurdle is the leakage of new knowledge that escapes the boundaries of firms and intellectual property protection. The creator of new knowledge can seldom fully capture the economic value of that knowledge for his or her own firm.7

The Valley of Death


These challenges of incomplete and leaky information pose substantial obstacles for new firms seeking capital. The difficulty of attracting investors to support an imperfectly understood, as yet-to-be-developed innovation is especially daunting. Indeed, the term, “Valley of Death,” has come to describe this challenging transition when a developing technology is deemed promising, but too new to validate its commercial potential and thereby attract the capital necessary for its development.8 Lacking the capital to develop an idea sufficiently to attract investors, many promising ideas and firms perish.

And this verbiage appears to be "borrowed" from:

http://www.cleanlaunch.com/

MODC PR:

"MODC mission is to stimulate the development and success of early-stage companies who will provide the next generation of clean, renewable, and efficient energy technology. MODC, through its C3 Program, will help companies assemble solid management teams, secure adequate funding, and accelerate the commercialization of sound product ideas into the market".

CleanLaunch website:

The CleanLaunch Technology Incubator’s mission is to stimulate the development and success of early-stage companies who will provide the next generation of clean, renewable, and efficient energy technologies. CleanLaunch helps companies assemble solid management teams, secure adequate funding, and accelerate the commercialization of sound product ideas into the market.