BMW i Ventures, the automaker’s new $100 million investment fund, announced plans to set up an incubator in New York City. The incubator will further BMW’s mission to foster the development of mobile connectivity solutions and location-based services in heavily populated urban areas. Edward Robinson, a 32-year BMW veteran, was named president of BMW i Ventures. “We have chosen to base our operations in New York City because of its position as a center of digital media and technology and its proven commitment to furthering this industry,” Robinson said in a statement.
Author: Arlene Weintraub
Arlene is an award-winning journalist specializing in life sciences and technology. She was previously a senior health writer based out of the New York City headquarters of BusinessWeek, where she wrote hundreds of articles that explored both the science and business of health. Her freelance pieces have been published in USA Today, US News & World Report, Technology Review, and other media outlets. Arlene has won awards from the New York Press Club, the Association of Health Care Journalists, the Foundation for Biomedical Research, and the American Society of Business Publication Editors. Her book about the anti-aging industry, Selling the Fountain of Youth, was published by Basic Books in September 2010.
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