Part of that $11.8 million award includes $6 million to capitalize a pre-seed fund, investing in 32 to 38 companies, primarily focused in the signature areas of Advanced Materials and Agbiosciences. Advanced materials is focused around the region’s national leadership in thin films materials, but also includes polymers, nanomaterials and other structured materials. Agbioscience supports business in the food production industry, food manufacturing/processing industry and agricultural biofuels
I hope they do some good with that money. I'm still wondering what the results are going to be from the consulting they did with IBM.