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Crown Estate plans up to £1.5bn investment in science infrastructure
The Crown Estate said UK spinouts attracted £8 billion in venture capital over the past decade, but 85% concentrated in London, Oxford and Cambridge despite 69% of the underlying research happening elsewhere. It set out plans to invest up to £1.5 billion in science and technology infrastructure, citing Oxford city-centre labs and Cambridge Business Park as examples.
Our readThe regional imbalance is the real story here, £1.5 billion aimed at closing a gap between where research happens and where it gets commercialised.
Read the announcement at The Crown Estate →
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