- CEO Marco Beckmann appointed to expert committee
- Assessment of nanotech companies for awarding government grants
- Active involvement ensures access to pioneering technologies in early phases
Frankfurt / Singapore – August 22, 2008 – Marco Beckmann, CEO of Nanostart AG, has been to the Final Evaluation Panel of Singapore’s Technology Enterprise Commercialisation Scheme (TECS). The TECS awards government support to Singaporean start-ups and small- to medium-sized companies within the high-tech sector with the objective of accelerating their successful commercialization.
The committee is comprised of high-ranking government representatives as well as experts from academia, research and business. In addition, Nanostart will assume responsibility for evaluating nanotechnology companies and assessing their suitability for these government support programs. Through its active involvement, Nanostart will also be able to identify and evaluate potential portfolio investments at an early stage.
For CEO Marco Beckmann, the appointment to the committee is a recognition of the work which Nanostart has done in Singapore. “We are very aware of the confidence the government has placed in us. Our position in Singapore is unique and underscores our global leadership role.”
TECS is an initiative of SPRING Singapore, a government agency which aims to raise the competitiveness of companies in the rapidly growing country and thus to stimulate its economy. Its priorities are to foster new business ventures and to support their growth in order to create dynamic, innovative companies in Singapore.
Additional information about SPRING Singapore and TECS may be found at www.spring.gov.sg
About Nanostart:
Nanostart AG is the world’s leading nanotechnology investment company. The Frankfurt-based company provides venture capital financing for nanotechnology companies in various growth phases. It also provides the benefits of its experience and expertise to developers of financial instruments and to investors in the nanotechnology sector. For further information about the company, please visit www.nanostart.de.
Disclaimer:
This notice constitutes neither an offer to sell nor a solicitation of offers to purchase or subscribe to securities. There will be no public offering of securities of Nanostart AG in conjunction with the existing listing of its shares in the “Entry Standard” segment of the regulated unofficial market (Freiverkehr) on the Frankfurt Stock Exchange. This notice does not constitute a securities prospectus. Neither this notice nor the information contained within is intended for direct or indirect distribution within the United States of America, Canada, Australia or Japan.
Nanostart AG
Public Relations
Dr. Hans Joachim Dürr
Goethestrasse 26-28
D-60313 Frankfurt
Germany
phone: +49 (0)69-21 93 96 111
fax: +49 (0)69-21 93 96 122
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