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MINISTRY OF SCIENCE AND INNOVATION IN Telefónica will invest in technology companies

TELEFONICA WILL INVEST IN TECHNOLOGY COMPANIES Madrid, July 27. (EFE). - The Minister of Science and Innovation,Cristina Garmendia, and the chairman of Telefonica, CesarAlierta, have signed an agreement last 27/jul./2011 to invest intechnology  - based companies and entrepreneurs in the sectorprojects through a public-private venture capital. Garmendia , said after his signature on the document that the capital invested in the two entities in innovative companies will be up to 50 million euros each .

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