Swansea University is set to support research commercialisation and spinouts with individual investments of up to $77,500.
Swansea University has launched its Innovation Fund, aimed at supporting the institution’s research pipeline and investing in spinouts, WalesOnline reported on Friday.
The fund’s total size has not been revealed, but will offer two kinds of financial support: firstly, research projects can apply for up to £5,000 ($7,750), which they may use to commission market and technical reports.
Secondly, the fund will invest up to £50,000 in spinouts alongside outside investors.
The fund follows a £450,000 pilot programme, dubbed InvestorG8…
