After an investigation, media outlets discovered that Virginia never received enough information from GreenTech to proceed.
While these centers can be run by local government, GreenTech proposed running a Virginia center itself.
GreenTech is today using its own investment vehicle to run a regional center in Mississippi.
Virginia was particularly alarmed by GreenTech's use of an opaque visa program, called EB-5, to fund itself.
High levels of waste and inefficiency is actually one of the driving forces of the entire greentech industry.
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This is of particular interest, since GreenTech looks to be a lemon.
The GreenTech 21st Century Master Fund focused on companies engaged in alternative energy, clean technologies, environmental infrastructure and services, agricultural and natural resources.
But as the heat mounted, his campaign last week released a letter that claims Mr. McAuliffe had resigned from GreenTech by Dec. 1, 2012.
We have a range of connections to funding sources, and ties to the two largest greentech accelerators, Surge (in Houston) and Greenstart (Silicon Valley).
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GreenTech is the latest proof (after Solyndra, Fisker, A123 and others) that the political class is adept at hooking up cronies and investors with taxpayer dollars.
Kleiner calls its environmental investments "greentech" and says that among the green firms receiving Kleiner equity investments, three have been acquired or merged into other companies.
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Neither the immigration agency, nor GreenTech or Gulf Coast, has divulged how much money the company has raised via EB-5, or how many visas it has issued.
"One model is for these clean-tech companies to make strategic alliances with the Fortune 100 companies, " John Steuart of Claremont Creek Ventures told Greentech Media, a trade publication.
Scrambling, Mr. McAuliffe stated that he had wanted to bring his jobs home but the Virginia Economic Development Partnership "didn't want to bid on" GreenTech whereas Mississippi had offered incentives.
Founded by Michael Arrington, TechCrunch operates a global network of dedicated properties from Europe to Japan, as well as vertically-oriented websites, including MobileCrunch, CrunchGear, TechCrunchIT, GreenTech, TechCrunchTV and CrunchBase.
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Molycorp is hardly the only one standing in line Lynas is pushing for Australia, as a key U.S. ally, to be included in any plan, and a slew of rare earth start-ups have already been launched to capitalize on excitement over greentech, potentially creating a fragmented market.
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