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Energy field's potential high energy sector warned
An energy venture requires experience capital and patience with large sums needed for solar and other fuels. Banks SBA loans and private financiers set strict standards. many ventures rely on large firms for bids and government compliance is heavy. The piece notes high barriers, the need for past experience, and government paperwork plus a separate IRS complaint unit in Austin.
MENTIONED IN THIS ARTICLE
Jolly Schram
Energy Research and Development Administration
West Texas
Phillip O'Jibway
Lubbock Sba
Texas
Ed Blackaller
Midland National Bank
Feds