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How do the terms of an algae fuel JV look? - Heliae, ASU JV example

Under the license agreement with Heliae, Arizona Technology Enterprises (AzTE), the technology venturing arm of ASU, will receive an equity stake in the company along with other standard forms of consideration including licensing fees and a share of any commercialization income. In addition, Heliae will provide research funding of $1.5 million to ASU to support further development of the specific algal strains towards commercial production of jet fuel. - Read More

Tags : asu algae fuel research algae fuel

Topics : Bioenergy

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