Up to £50 million of government investment in new UK research ventures will encourage greater private and philanthropic backing for UK science, research and innovation under new plans unveiled.
The new fund has been set up to pilot new ways of delivering research in the UK, allowing our brightest minds to take greater risks and pursue new means of working that might not be supported via traditional funding avenues. The Catalyst is opening for bids of up to £100,000 in ‘seedcorn’ funding to allow researchers to develop full plans for their proposed ventures.
