The innovation arm of the University of Oxford is to support students and academics in establishing social enterprises that follow a charitable agenda but seek to generate profit.
The social enterprise service, provided by Oxford University Innovation, will initially focus on the development of about 25 projects. These include Greater Change, a secure, cashless app that facilitates donations to the homeless; and LIFE, a VR-based emergency instruction platform.
The decision represents a shift in the university’s innovation policy, which previously only supported the creation of regular start-up businesses by the student body and spinouts based on academic intellectual property.
This article is only available to Research Professional News subscribers. If you are a subscriber you can read the article in full on researchprofessional.com
Pivot-RP users can log in and view the article via this link.