Beginning in late 2004, academic researchers in Toronto's universities and hospital research institutes will have ready access to extensive incubator facilities, venture capital, and commercialisation expertise that is intended to help them turn their ideas into viable businesses.
Many countries in turn have realized that by partnering with a prestigious U.S. hospital or medical school to manage or build a new facility, their ventures attain instant credibility and can become regional draws that spur economic development.
This expansion activity ranged from investment in existing facilities, joint ventures with local partners, or managed care services which integrate the financing and the delivery of medical services and alliances to develop healthcare networks and chains.
The operators of the gas facility — a joint venture by BP, the Norwegian company Statoil and the Algerian national oil company Sonatrach — decided to rely solely on the many Algerian gendarmes and soldiers who patrolled the In Amenas area.
Hitachi reported damage to a small joint venture facility in the city.
Additives major Chemtura Corp reports that it is further growing its global antioxidant business with an additional capacity expansion at Gulf Stabilizers Industries (GSI), its joint venture facility with Al-Zamil Group in Al Jubail, Saudi Arabia.
This was clear when the Chinese prime minister, Wen Jiabao, visited Hungary in June and announced a special €1 billion credit facility for joint ventures between Hungarian and Chinese companies.
She wants to expand the institute by building an incubator facility that could provide venture funding, facilities, and management for early-stage biotech companies in the state.
I understand part of the round is a venture debt facility from Silicon Valley Bank, too.
Of note, £3 million of the Series B comes in the form of a venture debt facility provided by Silicon Valley Bank.
