Imperial College has revealed plans for a £1bn ($1.6bn) research and development campus at White City in west London with space for 50 spinouts.
Imperial has £150m ($241m) in initial investment to set up the campus which will eventually become a $1.6bn development, according to rector of Imperial College, Sir Keith O’Nions.
£35m ($56m) of the funding comes from the UK government’s Research Partnership Investment Fund, with a further £90m ($144m) provided by property investment fund Voreda. Imperial will provide…