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Funding of £3.6m will help Oxford University researchers bridge the so-called 'valley of death' – the gap between having an idea for an invention and it being developed enough for others to want to invest in it.

The money will go towards initiatives such as secondments that take researchers into industry and follow-on grants that help them to develop proof-of-concept technology and demonstrators to show how an invention would work. The investment builds on Oxford's existing schemes to boost innovation and entrepreneurship but will offer support that is more flexible and will enable researchers to engage with companies at an even earlier stage.

To read the original article: Helping innovators cross the 'valley of death' - University of Oxford