The objectives of the investments will be to generate returns that are both strategic and financial. Tom Montgomery, Senior Vice President of Strategic Initiatives, De Beers Group, said: “Not all good ideas can be generated or executed by a large corporation. We believe that harnessing the energy of entrepreneurs to pursue strategic opportunities that benefit De Beers and the diamond industry can be a cost-effective, risk-reduced way to pursue innovation.” De Beers is inviting entrepreneurs to submit their business plans and proposals via www.debeersventures.com.
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