Technology parks can provide innovators, corporates, and the public sector a physical nexus point to access necessary resources to accelerate innovation.
Parks provide resources including equipment, lab space, network access, and commercialization support to address global innovation challenges.
Activity is primarily concentrated around southeast Brazil: 38% of start-ups that received equity funding were located around Sao Paulo, as eastern parks are largely tied to public research universities.
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Established by Big Society Capital and the Northern Rock Foundation, the North East Social Investment Company is soon to be launched for lending by mid-2014.