Government to invest €37.5m of pension fund in technology investment company

The Government will stake €37.5m from state pension reserves on a technology investment company, it was announced today.

Government to invest €37.5m of pension fund in technology investment company
Wed, 15 Dec, 2010 - 13:27

The Government will stake €37.5m from state pension reserves on a technology investment company, it was announced today.

Polaris Venture Partners is a US-based firm which gives cash to start-ups in the hope they grow into successful businesses and give a good return on the investment.

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