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University innovation community backs proof-of-concept funding

  • Call to action at TenU event: “Pathway to Growth: Driving Innovation Further, Faster” on Tuesday 20 May.

  • Government committed £40m over five years for academics-turned-founders to bridge ‘valley of death’ between research and commercialisation.

  • But the fund is oversubscribed, and experts recommend a more ‘strategic and sophisticated’ approach in line with international rivals.

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