Image: Des Blenkinsopp [CC BY-SA 2.0], via Wikimedia Commons
Initiative aims to raise £1 billion in private finance to help commercialise research results
Research England has pledged £2.6m towards an initiative that aims to turn research into products—the Oxford Creative Destruction Lab.
Led by Saïd Business School at the University of Oxford, the virtual lab aims to raise £1bn in private finance and create nearly 4,000 jobs across the UK in artificial intelligence, healthy ageing, alternative energy and quantum technologies.
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