£5 million for spin-offs

November 14, 2003

The recently floated IP2IPO, which helped fund Oxford University's new chemistry building in exchange for equity in any companies spun off from research conducted there, has put aside a £5 million seed-fund to invest in companies across the university. The 15-year agreement with the chemistry department has produced six companies in the past two years. IP2IPO also has relationships with Southampton and York universities and King's College London.

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