New companies–those that haven’t yet found funding–are in for a particularly rough ride. Ninety six percent of survey respondents said it will be more difficult for new companies to get money in 2009. What’s more, 93% of respondents said it will be harder to sustain investments in existing companies next year.
Some sectors may see investment growth, including cleantech and and life sciences, according to the NVCA survey. But other sectors will lose out, with 79% of respondents forecasting a decline in investment in the semiconductor industry. In addition, 71% of respondents predict a slowdown in investnent in the media and entertainment sector and 60% figure there will be a dropoff in wireless communications investments.