£138 million pledged to UK research–industry collaborations
By 
Emma Stoye2017-07-13T12:47:00
Investment is expected to speed up commercialisation of research
The UK science and universities minister Jo Johnson has announced a £138 million funding initiative to support collaborations between academic institutions and businesses. The investment will include £31 million through the Engineering and Physical Sciences Research Council (EPSRC) and the Industrial Strategy Challenge Fund, plus £36 million from partner organisations and £11 million from universities.