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STRATEGIC BUSINESSES
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New Ventures Group
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Created in 2009, the Nypro New Ventures Group (NVG) is a strategic, corporate venture capital and new business incubation group. Its primary function is to identify and launch new ventures that are aligned with unmet needs that matter. It does this by leveraging the Nypro culture and capabilities to bring new value to current and future Nypro customers.
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Driven by innovation, NVG networks inside and outside Nypro to find new technologies or business models that meet the strategic objectives of Nypro while satisfying unmet market needs. It supports the incubation of innovations that can function as stand alone businesses. NVG will take both minority and majority positions.
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Identified ventures embody the core values, employee, environmental and community-based philosophies of Nypro. All New Ventures must provide incremental value to Nypro's existing and target brand customers. However, consistent with Nypro's brand promise, no ventures will compete as a brand with Nypro's customers.
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These investments will also extend the value of Nypro's core businesses: Healthcare, Consumer & Electronics and Packaging as well as emerging opportunities in areas such as Cleantech and Sustainability. Building on Nypro's history of entrepreneurship, the NVG ventures embody the same collaborative spirit as Nypro's strategic companies: NP Medical, NyproMold, Nypro Kánaak, Perimeter Brand Packaging and Radius Product Development.
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Nypro, NyproMold Inc.
are registered marks of Nypro Inc.| "Where success takes shape" is a service mark of Nypro Inc.