Following up on Governor Perdue’s announcement at the Georgia Chamber of Commerce to create a venture capital fund for commercializing research coming out of Georgia colleges, here is a relevant snippet from yesterday’s State of the State address.
I announced yesterday that Georgia, along with our private sector partners, will invest $40 million for venture capital to commercialize research in areas like biosciences and medicine coming out of our universities. Friends, Georgia will lead the way as a global center for health.
So from this, it sounds like the focus will not only be solely on research out of Georgia colleges but also with a focus on life sciences. I guess everything will be a lot clearer once legislation starts making its way through the system but this is turning out to be a bigger bummer than I thought.
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