Three spinout companies from the University of Glasgow have successfully secured proof-of-concept funding from the Scottish Government to help them turn university research into innovative industries of the future.
The investment, which totals more than £540,000, forms part of the Scottish Government’s new £2.9 million Proof of Concept (POC) Fund, designed to support projects from Scottish universities at various stages of technological and commercial development, and allow room for crucial early-stage activities.
Among the Glasgow spinouts awarded funding are CRYSTAL-Q, which has won £247,225 to support development of a pathway towards widespread adoption of quantum computers, while more than £168,000 will go to the team behind the ‘DisrupTR’ platform, a project aiming to develop next-generation precision peptide medicines targeting diseases with the greatest unmet clinical needs.
Full story: Glasgow spinouts win £540k boost to turn research into innovation
