While Congress and the White House to initiate investigations in loan guarantees renewable energy have been granted to companies like Solyndra in 2009, stimulating and relevant legislation, the USA TODAY analysis shows that the number of companies that have received public assistance a reasonably beaten the stock market, and most venture capital funds raised in 2008.
Debate is raging in Washington about the authority is able to effectively choose winners and losers in the rapidly evolving economy, the data shed light on the Obama administration has taken two very important jobs that VC occurs in a high-tech economy - to help investors make money and bring new technologies to market. Skeptics have pointed out '2009 e-mail commenting that "the government has a poor VC' Obama economic adviser Lawrence Summers, the former argues that the $ 787 billion stimulus measure was full of waste.
Approximately 100 billion of stimulus funding for technology spending, according to tech consultancy firm International Data Corp. Two-thirds were for energy, and most of the rest going to subsidize the adoption of the medical-health records electronic records (EMR) software. In the USA Today's request IDC identified major beneficiaries of these expenditures to determine if the money by helping businesses grow and bring technologies to market.
The analysis covered more than 45 companies that have registered for an IPO, or the public, including most of the leading manufacturers of electronic medical records software and electric cars, and a small selection of 5000-plus companies and government agencies who received a local clean energy stimulus grants. USA TODAY looked at separately for recipients of all 38 completed or pending loan guarantees from the Department of Energy's three leading financial programs, including well-known public companies such as Ford, South Cos, and NRG is a list of IDC. Overall, the companies involved, or their customers, will receive more than two thirds of funding technology.
