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Press Release – 5G Ventures Signs Memorandum Of Partnership With The Unit Corallia Of The Research Centre Athena

posted by Phaistos Investment Fund
3yrs ago 34

As part of its strategy for the development of a 5G ecosystem in Greece, 5G Ventures has signed a memorandum of partnership with the Unit Corallia of the Research Centre Athena.


According to the memorandum, both sides will engage in know-how exchange and the mutual use of infrastructure, services, and best practices in innovation and entrepreneurship for the support of innovative companies in areas of common interest.


Moreover, companies or foundations that cooperate with 5G Ventures can be proposed to Corallia for receiving support in existing and new incubation & business acceleration programmes. Enterprises participating in programmes of Corallia may be proposed for review by 5G Ventures for possible financing by Phaistos Investment Fund.


The memorandum also foresees for the joint hosting of hackathons, seminars, and workshops for the development of the Greek ecosystem of innovation and, especially, the new generation of telecommunications.

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ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY. CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THIS IS NOT A SOLICITATION FOR INVESTMENT. THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY. IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES. ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM. PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT.