Medi-Stream secures teQstart funding
Wednesday, 14 June 2006
Medi-Stream is the holding company for DelvTech International which designs and develops, unique drug delivery technologies that enhance safety, scope to operate, and lifestyle advantages for those who want an active lifestyle.
The teQstart Investment Fund (teQstart) is a $3.2 million initiative of the Queensland Government which aims to stimulate the growth of Queensland high-technology, knowledge-intensive industries. It is managed by a Queensland Government-owned company, teQstart Pty Ltd, through an independent board of directors.
teQstart funds technology research projects at the 'proof-of-concept' stage so that developed Intellectual Property can reach an investment ready position. It provides funding on a co-investment basis, seeking to match investment funding from other private and venture capital sources such as inQbator.
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