The PLUS InitiativeIs designed to unlock a wealth of technological innovations hidden in academia and solves the most challenging problems in research and development.
The PLUS Initiative will be established as an incubator investment company by Associated Universities, Inc. (AUI).
PLUS addresses innovators’ pain points.
Through PLUS, AUI identifies a pool of promising applied research projects throughout academia and US National Labs. PLUS focuses on under-served and under-represented institutions, and will create an investment fund to provide seed funding to develop those technologies into ventures with products and services for early market deployment. As these ventures mature enough to realize a successful financial exit, invested capital will be returned to the partners with a portion of the carried interest returning to PLUS to support a new pool of promising investments.
The PLUS Structure Will Give Investors:
- License and equity revenue
- Options for altruistic investment
- Global problem-solving impact
- First look opportunities for new tech
- Tech streams with market pull
- Pooled resources and diverse portfolio
Through The PLUS Initiative
AUI will create an innovative and sustainable model for moving promising technologies aimed at addressing the needs for clean air, clean water, clean energy, greater connectivity, and reduced waste, out of the labs and into the market.
PLUS will provide the five essential “C”s for successfully scaling science into a viable product.
Source + Due Diligence + Selection
Technical Teams + System Engineers + Scale-Up Team
Access to Partners + First Capital
Access to Prototyping + Testing Facilities
Financing for Scaling-Up to a Field Prototype
New studies using the VLA and other telescopes have added to our knowledge of what happens when a black hole shreds a star, but also have raised new questions that astronomers must tackle.
The Canadian Astronomy Long Range Plan 2020-2030, a report on priorities and recommendations for Canadian astronomy over the next decade, has recommended that Canada support the National Radio Astronomy Observatory’s (NRAO) proposed Next Generation Very Large Array (ngVLA), saying the new facility will enable transformational science across many areas of astrophysics.
The former Minister of Energy, Ricardo Raineri, who also has a long career as a professor and university researcher and international consultant, was appointed by the American consortium Associated Universities Inc. (AUI) as Director of Development and responsible for executing the installation stage from the Institute of Clean Technologies (ITL).
The National Science Foundation’s Green Bank Observatory (GBO) and National Radio Astronomy Observatory (NRAO), and Raytheon Intelligence & Space conducted a test in November to prove that a new radio telescope system can capture high-resolution images in near-Earth space.
Personnel at the Atacama Large Millimeter/submillimeter Array (ALMA) in Chile have begun the process of returning the facility to an active observational status, following the shutdown caused by COVID-19 in March of 2020.
Adam Cohen, president of the entity that won the Corfo tender: “Our goal is to generate between 25 to 50 new companies in 10 years”
With the focus on putting the Clean Technologies Institute (ICTL) into operation soon is the Associated Universities, Inc. (AUI), the entity that won the Corfo tender that is being questioned by another of the consortiums that was in competition.
Santiago, Chile—On January 4th, the Corporación de Fomento de la Producción de Chile (CORFO) Council met to award the Chilean Instituto de Tecnologías Limpias (ICTL) construction, management, and operations to AUI.