Universities investment

Business Secretary Vince Cable announces a £60 million investment into over 30 universities across the UK to help create successful businesses and increase entrepreneurship in universities.

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Cash from UK's funding agency for scientific research

The funding comes from the Engineering and Physical Sciences Research Council (EPSRC), the UK's main funding agency for scientific research.

They will award Impact Acceleration Accounts ranging from £600,000 to £6m to 31 universities across the UK.

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