Even ahead of the new proposed tax credits for research and
development activities, smart businesses interested in sustainability
have been funding activities that could be commercially viable for their
own company’s future. One of the biggest examples of that to date is
the GE ecoimagination challenge,
which is offering up $200 million for ideas and technologies related to
the smart grid. But there are many other companies doing their part.
Just heard about a new partnership, for example, that is being coordinated by business incubator Nidus Investment Partners out of St. Louis. Nidus has just announced that both agricultural products and technology giant Monsanto and agribusiness and food company Bunge Limited have put up $1.5 million (each) toward a new partnership to find and commercialize agricultural and energy innovation more quickly than the market might otherwise bear.
To read the full, original article click on this link: Partnership funds tech innovation for agriculture - SmartPlanet
Author: Heather Clancy
