The phrase "establishing a venture" is correct and usable in written English.
You can use it when referring to the process involved in creating and launching a new business. For example, "He was excited to begin the process of establishing a venture of his own."
In establishing a venture arm, Mr. Sarnoff said, "we felt there was a need to make some investments so we could look around the corner and see what was happening".
Reflecting his acceptance of clients from across the political spectrum, Mr. Santana said he had also agreed to run the 2014 campaign for the candidate of Panama's Democratic Change, a center-right party, in addition to establishing a venture in Italy to start managing campaigns in Europe.
Sony also established a venture capital fund to build partnerships with researchers and startup companies in AI and robotics.
Chase Manhattan Bank, Bank of America and I.B.M. have established a venture called Viewpointe Archive Services to store electronic images of checks using technology developed by I.B.M. and Chase.
The Office of Naval Research has established a venture with the Titan Corporation, a military contractor in San Diego, that has developed a prototype of what it calls the affordable weapon, a missile made from off-the-shelf commercial components, as an alternative to Tomahawk cruise missiles.
The alliance wants to establish a venture capital fund and an incubator building at the region's international airport to house high-tech startups.
It was back in 2015 that Home Credit established a venture with mobile phone carrier Sprint in the U.S. to provide financing for purchasing mobile phones.
They also established a venture-capital fund, Finnvera, to find early-stage companies and help them get established.
In an interview yesterday, Jeff McMahon, Enron's chief financial officer, said that establishing a joint venture makes the best sense for creditors.
Mr. Smith also had a less domineering personality than previous executives and played a central role in establishing a joint venture with Toyota in the 1980's.
