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Larta's CEO Rohit Shukla is currently touring Malaysia as part of a targeted outreach effort with partner Malaysian Biotechnology Corporation. The purpose of the visit is to attract the best and brightest Malaysian ag bio and life sciences companies to apply for participation in the second Global Bridge Commercialization Assistance Program with researchers and entrepreneurs in the country. Mr. Shukla will speak at numerous research institutions, universities, and companies, including University of Malaya, SIRIM Berhad, and Universiti Malaysia Terengganu.
The Malaysia CAP will select up to 20 companies to help maximize their commercial potential by broadening their market reach and significance beyond Malaysia. Larta Institute will provide selected companies with expert advisors and world-class content, enabling them to enhance their commercial profile or accelerate commercial outcomes for their products or technologies globally.
The 2009-2010 NIH-CAP has come to a close and Larta Institute is pleased to announce that we will continue to manage the Program for the upcoming 2010-2011 program year. This will be Larta's 7th consecutive year to assist NIH SBIR Phase II-funded life sciences companies transition their technologies from the lab to the marketplace. 80 companies are expected to participate in the program; applications will be open for submission in September 2010.
20 Larta Institute Commercial Reviewers have successfully reviewed 109 Phase II SBIR applications for the Department of Energy’s SBIR division under a pilot Larta was contracted for in early June. The Larta team was able to complete all 109 reviews from June 9-17. The Phase II applications focused on technology areas including energy efficiency, power generation, smart grid, water power technologies, and other utility-related technologies.
Larta CEO, Rohit Shukla, reinforces that “we’re enthusiastic about playing a key role in supporting the commercial pathway for innovations in the energy efficiency space. It aligns well with our current efforts supporting the business outreach activities of major utilities in the region. Along with our NIH and USDA commercialization programs, it’s also core to our mission of building a strong ecosystem for entrepreneurs making an impact in the energy, medical, and agricultural sectors."