Business and Technology Ventures

World-wide environmental research and development is aggressive. New technologies and products emerge daily.  ECON Capital is committed to supporting, investing in and spear-heading these worthwhile efforts.
Strategies:
  • Identify new businesses and technologies that can be utilized in the environmental arena.

  • Coordinate with developers to market product.

  • Assist with obtaining funding for further development of new technologies.

  • Assist with obtaining regulatory approval for use of technology.
 Current Ventures
BF63

"BF63" is the trade name for a robust, geophysical survey technique designed to obtain and generate three-dimensional images of the earth's subsurface strata, its contents, and their characteristic properties. This advanced electrical resistivity technique was invented and refined by Dr. Roberto Flores, Ph.D. during 20 years of research.

BF63 can be used not only to evaluate subsurface strata but can also determine the nature of respective fluids or solids contained in the strata. This information is critical when exploring for water, minerals, and petroleum. This level of precise results is also vital to civil engineering and construction industries for determining soil mechanics and underground structural hazards such as pipelines, cables, or caverns.

Environmental Finance Solutions (EFS)
EFS is a venture that provides a source of capital to fund underground storage tank environmental cleanup at sites eligible for reimbursement from state trust funds. The funds can be provided directly to the responsible party or to the consultant con-ducting the corrective action. Utilizing EFS significantly reduces cash outlays of the responsible party while continuing to reduce the environmental liability associated with the corrective action.

IOLA

IOLA is an atmospheric modification technology that uses patented ionization equipment, unique electrical field stimuli, and proprietary system software to accelerate or retard the condensation of water vapor in the troposhere.  IOLA  applications include precipitation augmentation, fog dissipation, and air pollution dispersal.  Field demonstrations of the IOLA technology have recently been conducted in Mexico City and Salamanca, Guanajuato.  The Mexico City demonstration involved only two IOLA platforms and was conducted during February and March of 1999. During periods of IOLA system  operation, ozone concentrations in the area of influence were decreased by as much as 38 percent , with an overall average reduction of 23 percent compared to historical IMECA readings (Mexico City's Air Pollution Index).  Negotiations are currently underway to install a 15-tower IOLA system to treat the air in the entire Mexico City metropolitan area. As a result of the successful Mexico City demonstration, the City of Salamanca executed a contract to construct three IOLA platforms to reduce sulfur dioxide (SO2,) concentrations in that region’s air space. Since the IOLA system began operation in August 1999, ambient SO2 concentrations measured in the city have decreased by over 40 percent. Demonstrations of the IOLA technology in the U.S. are planned to commence early in 2001.  ECON is assisting in the marketing and technical evaluation of the IOLA technology.
Technology Ventures
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