On this episode of Investor Connect, Hall welcomes Fred Walti, CEO of the Network for Global Innovation (NGIN).
The Network for Global Innovation is an international network of entrepreneurial support agents. Its mission is to accelerate the expansion of new sustainable technologies while simultaneously generating significant economic growth in both developed and emerging markets. NGIN currently has 26 members in 20 countries with partners or program experience in Armenia, Brazil, Canada, China, Finland, France, Germany, India, Italy, Japan, Malaysia, Mexico, Morocco, Pakistan, South Africa, South Korea, Spain, Thailand, Turkey, and the U.S.
Fred is an expert in creating innovation ecosystems that drive economic development. Prior to joining NGIN, Fred was the Co-Founder and, for a period of six years, served as the Founding CEO of the Los Angeles Cleantech Incubator (LACI), combining experience as an entrepreneur with his passion for clean technology. Fred built LACI from a start-up in a bus repair garage into a statewide commercialization ecosystem with an international footprint. LACI is now recognized as one of the premier cleantech commercialization programs in the world.
Under Fred’s leadership, LACI has helped 120+ companies raise $228 million in funding, thus creating 1,700 jobs and delivering more than $400 million in long-term economic value for the City of Los Angeles. Fred has been involved — either as a founder, consultant, principal, or investor — in the startup of several-dozen technology companies. He was named in Techweek100 as one of the most impactful technology leaders in 2014.
In October 2018, Fred was invited to join the Renewable Energy and Energy Efficiency Advisory Committee by the US Secretary of Commerce, Wilbur Ross.
Fred often speaks on subjects that include creating high-performance innovation ecosystems that drive economic development; the new mega-city revitalization concept “The StartUp City”; leveraging a region’s strengths to build a large green economy, entrepreneurship, the role of innovation in creating jobs, and public/private partnerships.
Fred discusses the state of investing in the sustainability space and how he sees the industry evolving. He advises startups and investors and shares some of the challenges they face.
You can visit the Network for Global Innovation at www.ngin.org, via LinkedIn at www.linkedin.com/company/the-network-for-global-innovation, and via Twitter at www.twitter.com/NGINnews.
For a full transcript, click here.
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Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.