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Project Enhances Missoula Business Incubator

Higher education, government and business officials gathered Oct. 26 to celebrate the completion of a $3.5 million renovation and expansion of the Montana Technology Enterprise Center (MonTEC), a business and technology incubator operated by The University of Montana.

The project updated 15,000 square feet of labs and office space to facilitate expansion of Rivertop Renewables http://www.rivertop.com/ , a renewable-chemical company resulting from the work of UM Professor Emeritus Don Kiely. A new 2,000-square-foot addition will be outfitted as a semi-works facility, which will help Rivertop research, develop and produce cost-competitive, biodegradable chemicals.

"Rivertop is a great example of how the University’s research enterprise can impact our local economy," said Joe Fanguy, UM director of technology transfer and MonTEC president. "This project will allow Rivertop to move its renewable chemicals more quickly to market and grow the company’s employee base here in Missoula."

Full Story: http://news.umt.edu/2012/10/102612mtec.aspx

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