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Researchers too focused to attract booming business ‘angel’ investors

Entrepreneurs who plough their own funds into new businesses now invest more in Europe than venture capitalists. But universities are failing to tap into the funding, a project by the European Trade Association for Business Angels, Seed Funds and Other Early Stage Market Players (Eban) has said.

Access-ICT, a Framework-7-funded project on investment in information technology start-ups led by Eban, found that people within universities often don’t have the right attitude for commercialisation.

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