CA Technologies and École Polytechnique Fédéral de Lausanne (EPFL) have entered with a five-year partnership to drive innovative start-up projects backed by a 6-figure sum provided by CA Tech.
The US-based firm will be contributing to a fund at EPFL called The Innogrants which has been supporting entrepreneurial activity at the University since 2005. So far the fund has backed 30 startups in life science, nanotech, electronics, energy, and IT.
Marco Comastri, president and general manager of CA Technologies in Europe, Middle East & Africa, said: “We are very pleased to have partnered with this renowned institute. It is a true win-win situation for both parties. With our financial support, we will enable EPFL to conduct projects from innovative young people, which would otherwise not have been feasible. This not only helps ensure Switzerland remain a centre of technology, but also serves to develop young talent, who are in great demand in the technology industry.”
Adrienne Corboud Fumagalli, EPFL’s vice-president for innovation and technology transfer added: “Innovation and entrepreneurship are a bet on people. By supporting young talent, CA Technologies will help EPFL in identifying opportunities and developing innovation.”
