Reuters: H Αμερικάνικη εταιρεία βιοτεχνολογίας Monsanto και η Microsoft ανακοίνωσαν χθες μια συνεργασία τους που αποσκοπεί σε επενδύσεις σε νεοσύστατες γεωργικές technologies in Brazil.
Monsanto will boost the Brazilian investment fund with 92 million dollars, which will be managed by Microsoft to evaluate ideas and develop new digital tools to be applied to agricultural production in the country, said company executives.
So selected ideas will receive initial funding of up to 459.000 dollars for an early development. The owners of the project will be able to repay the investment loan after three years or convert the money into shares.
"We want to promote new startups in the field of agriculture. There is a huge one space for research and development," said Rodrigo Santos, head of Monsanto in Latin America.
The technology company Qualcomm is also said to be investing in the Brazilian Mutual Fund.
True how the Brazilians feel now, with such luck Monsanto and Microsoft together in the same investment! What is certain is that companies will win; for others we do not know.
