The Minneapolis Biomass Exchange had added a pair of new directors to its
board, giving it new expertise in the areas of cleantech and finance.
Doug Cameron is founder of
Alberti Advisors and previously worked for Piper Jaffray, Cargill, and Silicon Valley cleantech venture firm Khosla Ventures.
Rajesh Aggarwal is a professor of financial markets and institutions at the University of Minnesota's Carlson School of Management.
The
Minneapolis Biomass Exchange is a web application where buyers and sellers of biomass fuel can post for-sale and want ads for fuel crops. Biomass is a term for plant-based materials such as wood chips or corn stover that can be burned as a fuel. (For more on the Minneapolis Biomass Exchange and its business model,
see our previous article on the company here.)
Cameron says he's been interested in biomass for most of his career, specifically with its logistics and how we can use more of it in a smarter way.
"The Minneapolis Biomass Exchange was interesting from that standpoint, but also I was just very impressed with the people behind it," says Cameron. "It was a pretty easy decision for me when they asked me if I would be interested in a board seat."
In his new role with Alberti Advisors, Cameron plans to spend about a third of his time working with "small, exciting, interesting, emerging companies," another third working with financial organizations like venture funds and capital firms, and another third working with larger corporations that also have an interest in cleantech.
Founder/CEO Kevin Triemstra said Cameron and Aggarwal provide knowledge and experience that will help the company reach its goals.
Source: Doug Cameron, Alberti Advisors
Writer:
Dan Haugen