Thursday 10 July 2008

Braveheart pays for options on Aberdeen research results

In The Scotsman (which I found via Technology Transfer E-News) there's a very positive piece about a 15-year deal struck between Aberdeen University and Perth-based investment syndicate Braveheart to provide funding and development for the school’s innovations. The deal gives Braveheart the right of first refusal to license the university’s research in defined areas, while Aberdeen get significant funding for start-ups –- amounting to some £5m over a period of two to five years. Braveheart already has similar arrangements with the universities of Strathclyde and Edinburgh.

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