1. Qteros Finds Ways Around Funding Pitfalls for Biofuel Startups

    In Qteros’s licensing model, some ethanol producers would incorporate its technology into their existing plants. McCarthy said that retrofitting existing facilities to use his firm’s technology would be less expensive than building new plants from scratch. However, the four-year-old startup has yet to find an ethanol producer willing to fork over cash to license its technology. To gain the confidence of such partners, the firm still needs to generate more proof that its system for making ethanol works on a larger scale than it has shown in its own labs. So the company plans to provide this evidence ...
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