Onovolab Drives Multimillion-Dollar Plan To Expand Innovation Network In Brazil [Forbes]
ROCHE HOLDING LTD S/ADR (RHHBY)
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Source: Forbes
Onovolab Drives Multimillion-Dollar Plan To Expand Innovation Network In Brazil Onovolab positions itself as a "city accelerator" and an option to companies seeking external innovation partners. Yukio Shibata Independent innovation network Onovolab is driving a multimillion-dollar expansion of its co-creation centers across Brazil while attracting a flurry of corporate clients interested in tapping into external hubs for new technology projects. The initiative launched in the city of São Carlos (144 miles from São Paulo) just over a year ago to act as a broker between traditional businesses and ventures with high-growth potential as well as a thriving academic community: the city's universities produce one PhD for every 180 people, while the national average is one doctor per 5,423 inhabitants. The idea is that organizations can benefit from that mix for their own co-innovation initiatives. This year, Onovolab's founders Anderson Criativo and Leandro Palmieri will be driving a $25 mil
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