DNAprint Genomics (DNAG)

[stakddek]

From Anova:

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Ananova:

£15m to take discoveries from lab to market place

A £15 million hand-out to help scientific discoveries move from the laboratory to the market place has been announced by the Government.

Among the developments expected to benefit are new kinds of medical equipment and software, the hi-tech conservation of historic artefacts and faster forensic DNA profiling.

The cash, to be shared by 16 successful bidders, is being made available under the Government's Public Sector Research Exploitation (PSRE) initiative.

Science and innovation minister Lord Sainsbury said: "Without backing and support in the early stages, commercial opportunities arising from scientific discoveries and new technologies can be lost.

"This funding is intended to capitalise on the cutting-edge research taking place in the public sector. It is vital for UK business and our quality of life that innovative ideas make it beyond the drawing-board and become successful products and services."

The PSRE initiative was set up to help public sector organisations other than universities make the most of their research.

Universities receive similar government funding through the Higher Education Innovation Fund (HEIF).


Story filed: 07:20 Monday 19th January 2004

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Write your congressperson?!? 16 bidders on 15 million pounds. That's about what US 1.4 million each? Maybe Jeb could whisper in his brothers ear? DNAP struggles to get funding, and the Brits just toss the gold out! Note that the money is not earmarked for academia but the private sector. Of course the story doesn't mention strings or strictures, so ... Yeah what was that agency? Oh yeah Research EXPLOITATION. Yeah. Feeling very exploited I am...

Stakddek