Saturday, November 07, 2009

TNInvestco: VC joins Innova team

Jan Bouten, who, as reported by VNC, joined the Memphis Bioworks Foundation TECWorks management team earlier this year, is now a member of Innova Memphis' new TNInvestco investment team, within Innova Fund II. Innova is a subsidiary of Bioworks. Innova also told Memphis Daily News it has for some time been courting insurance companies for participation in TNInvestco. Innova is the only funded TNInvestco applicant that is also a member of the TNInvestco Consortium, which was created to seek insurecos' participation.

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