Vouchers to Spend On University Research 'Vital for Welsh Firms' ; Call for a Scheme to Improve Links and Cut Bureaucracy

Western MailMay 06, 2010

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Summary


VOUCHERS to encourage innovative partnerships between small businesses and higher education have been urged as "vital" to help small business develop research links.

Innovation vouchers have already been in widespread use in English regions, where vouchers of typically up to pounds 5,000 can be granted to a business to invest in university research.

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Extract


Vouchers to Spend On University Research 'Vital for Welsh Firms' ; Call for a Scheme to Improve Links and Cut Bureaucracy

A Universities UK survey has revealed that 88% of English higher education institutions said that the scheme had fostered new relationships with SMEs and 86% said it had stimulated future collaborations....

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