Memorandum of Cooperation between EDYTE and Phaistos Investment Fund
The Phaistos Investment Fund announces its collaboration with the National Network of Technology and Research Infrastructure (EDYTE – GRNET S.A.), entity of the Ministry of Digital Governance, following the signing of a Memorandum of Cooperation between the two parties on Friday 12/4/2024. The purpose of this collaboration is to exchange expertise, utilize infrastructure and services, as well as mutually exchange valuable knowledge in innovation and entrepreneurship within the framework of research projects, actions, and objectives.
The addition of GRNET to the Phaistos ecosystem provides its members with access to the state-of-the-art infrastructure of GRNET’s integrated technological environment (Cloud and Data Center infrastructures) and specialized expertise, enhancing their capabilities and potential in fostering innovation. GRNET’s services and infrastructures will be integrated into the resources of the Phaistos ecosystem, bolstering the means and skills of its members for research and development. This collaboration will lead to the creation of new products, services, and business models that would have been unattainable without GRNET’s involvement.
Finally, the collaboration between Phaistos and GRNET will create added value through the exchange of knowledge and best practices, as GRNET will provide advice to Phaistos in the context of examining investment proposals and contribute to the evaluation of applications and services.
Useful Links:
- For more information about GRNET S.A.: https://grnet.gr/
- For more information about Phaistos Investment Fund: https://www.5gventures.gr/en/
For Journalists
Regarding GRNET, technological entity of the Ministry of Digital Governance.
The National Network of Technology and Research Infrastructure (GRNET S.A.) is a technological entity of the Ministry of Digital Governance that provides networking and computing services to academic and research institutions, educational bodies at all levels, and entities of the Public, broader Public, and private sectors. It is responsible for promoting and disseminating the applications of networking and computing technologies, drafting and implementing the national strategy for the development of Digital Skills, and promoting and implementing the goals of Digital Transformation. It plays a central coordinating role in all digital infrastructures for Education and Research, leveraging 25 years of experience in the fields of advanced network and service infrastructure, cloud computing, informatics, open science, artificial intelligence and machine learning, and digital skills development. It serves hundreds of thousands of users on a daily basis in the strategic areas of Public Administration, Education, Research, Health, and Culture.
For more information: https://grnet.gr/
GRNET Social Media Channels:
FB: grnet.gr, X(Twitter): grnet_gr, LinkedIn: grnet sa, Instagram: grnet.gr, YouTube: grnet edyte
About Phaistos Investment Fund
Phaistos Investment Fund is an innovative initiative supported by the Greek state and private investors, focusing on technological investment opportunities in sectors of the 4th industrial revolution that benefit from 5G and related technologies. The goal of Phaistos Investment Fund is to promote next-generation investments and entrepreneurship, as well as to promote a profitable and sustainable market for digital technology in Greece.
More information: https://www.5gventures.gr/en/
