PRZOOM - /newswire/ -
Tokyo, Chiyoda-Ku, Japan, 2011/01/25 - Navasota Group has chosen to establish its EIR Program due to the firm's proven track record of fostering entrepreneurs to build successful, sustainable businesses based on advanced clean technologies.
Navasota Group, a venture capital firm committed to early stage company building, today announced that it has started its Entrepreneur in Residence (EIR) Program, which aims to develop groundbreaking new clean energy technologies.
Navasota Group has chosen to establish its EIR Program due to the firm's proven track record of fostering entrepreneurs to build successful, sustainable businesses based on advanced clean technologies. Navasota Group will work closely with Koizumi Laboratory to help sponsored entrepreneurs bring the most promising of the Lab's energy technologies to the private sector.
"The Entrepreneur in Residence pilot program provides venture capital-sponsored entrepreneurs with access to world-class national labs to accelerate adoption of advanced renewable energy and energy efficient technologies to fundamentally transform how we power this nation, " Navasota Group’s Senior Associate Raymonds said.
Navasota Group and its entrepreneurs will work closely with the Koizumi Laboratory. The resident entrepreneurs will serve as the bridge between the organizations, sharing Lab innovations with The Company and partners, offering expertise and resources from Navasota Group to the Lab. Navasota Group’s EIR Program will initially last one year, with the possibility of renewal at the end of that period.
"Koizumi Laboratory is one of the world's premier centers for research and development of energy technologies; we're honored to have the opportunity to work hand-in-hand with to bring these scientific projects to market, " said Mr. Raymonds.
About Navasota Group
Founded in 2003, Navasota Group (navasotagroup.com) specializes in; alternative energy, biotechnology, oil and gas technology, medical devices and instrumentation, imaging and diagnostics, nanotechnology firms, heavy industry technology, and mining operations. Navasota Group funds total more than $800 million.