NewMIC incubator expands beyond first-year expectations, launches new fund
Broadcast | 11/29/2001 5:00 am EST
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The Vancouver-based New Media Innovation Centre (NewMIC) has launched its second phase of initiatives to accelerate the development of research projects with commercial potential by funding a company under its new product development fund. The $400,000 kitty for startups in ventures related to the centre’s seven research clusters is the latest initiative by NewMIC to supplement a greatly expanded role in new media research and development. President and CEO Alan Winter tells Canadian NEW MEDIA that the timing for a first investment is right now that the centre’s research clusters and first lab are operating at full speed. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here Unlock all the Canadian telecom, broadcasting and digital media news you need.Take a free trial or subscribe to The Wire Report now. FREE TRIALTwo weeks free access to thewirereport.ca and our exlusive newsletters. SUBSCRIBEUnlimited access to thewirereport.ca and our exlusive newsletters. Reuse & PermissionsUnauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact: Customer Care, 613-688-8821 | subscriptions@hilltimes.com |