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Nike betting on Capital venture in effort to set up innovation

http://www.businessweek.com/technology/nike-betting-on-venture-capital-in-effort-to-step-up-innovation-09282011.html

Nike is setting up a venture-capital offshoot called the Sustainable Business & Innovation Lab to back startups focused on alternative energies and more efficient approaches to manufacturing. The lab also will seek out companies that promote healthy lifestyles, according to a description on Nike’s site.


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