Genera Energy, a wholly owned for-profit subsidiary of the University of Tennessee Research Foundation, will soon begin recruiting investment in the first of two or more venture-innovation funds targeting companies in bio-energy sectors.

An specimen offering document provided VNC by Genera makes clear the company aims to beat unnamed, but better capitalized competitors to market to deliver biofuels, biopower, bioproducts and services associated with an array of “biomass conversions, applications or processes.”

Genera CEO Kelly Tiller, Ph.D., and CFO Barry Davis, who is also president and CEO of subsidiary and fund general partner Genera Capital, promptly confirmed details of the initiatives for VNC in a series of wide-ranging interviews and via documents and correspondence exchanged during the past month.

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