December 27, 2010 Want to grow fresh, local food but live in a densely populated area with no easy access to land? Well, you might consider a growing trend in farming that is indoor and high-tech. Entrepreneurs across the country are using available space – from rooftops to big (empty) warehouses – and creating new ways to cultivate food using LEDs and hydroponic methods. The jury is still out, though, on whether these endeavors will be cost effective.
“We’ve seen half a dozen companies working on this,” says Silicon Valley venture capitalist Paul Matteucci. “For the most part the quality of the product is excellent, but the costs are still too high.”
Advancements in technology might make it viable over time, and would not only produce local food, but local jobs as well.
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