Satt Ouest Valorisation has provisionally landed $22.4m of French government funding in conjunction with strategic objectives including a cost-rationalisation exercise and the expansion of its geographical remit.
France-based regional tech transfer office Satt Ouest Valorisation is set to receive €20m ($22.4m) of funding as part of the French government’s third tranche of support for the France-wide Satt Network tech transfer initiative.
The grant has been awarded on a one-year probationary basis contingent on Satt Ouest Valorisation fulfilling four government recommendations for its activities going forward.
These include enhancing the performance of the TTO’s ventures with industry partners, to improve on the estimated 12% share of…
