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Commercialising Research Competition

Research Councils UK (RCUK) Research Councils UK (RCUK)

Up to £25,000 is available to 'would be' entrepreneurs wanting to turn research ideas into a successful business.

The Research Councils UK (RCUK) third Business Plan Competition has been launched and is open to researchers from across the breadth of activity supported by the Research Councils (ranging from science and technology to the arts).

The competition provides researchers who have commercially viable ideas with the skills, knowledge and support needed to develop a first-rate business plan. All competitors will get business training and mentoring along the way and the winning team will also receive a cash prize to further their business idea.

The final will be held in November 2008. Last year's winning team Warwick Warp, a spin-out company from the University of Warwick, scooped a prize of £25,000. They developed a highly accurate fingerprint identification technology for use in personal ID cards, passports and access control systems.

Mon 09 July 2007

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