So far, only a handful of American companies are fully committed to developing joint ventures with the Soviet Union.
The two companies have developed cellular and cable ventures.
Greenspring, which will continue to run its other for-profit businesses in commercial radio and publishing, will receive $15 million to $20 million to develop other ventures.
In December 2005, the two countries signed an agreement to develop biotech joint ventures within the next three to five years.
Gilbert Keyes, president of the new company, said it was chartered to invest in, own or develop individual or joint ventures in space.
Recently, he said, investors have become more sophisticated, developing joint ventures, for instance.
Con Ed is proposing to form a holding company, with the transmission and distribution subsidiary remaining regulated, but with others free to develop for-profit ventures.
Simon has rapidly tried to become the largest mall operator in the country and to develop related ventures that capitalize on the retailers and shoppers.
Design Studio Nuovo is where Nuovo is developing new ventures with technology and manufacturing partners from around the world.
Christian Leysen developed several Belgian ventures to large international companies.