The funds have come from the regional development agency, Advantage West Midlands, and from the Higher Education Funding Council’s HEIF initiative. They were impressed by the past successes, detailed plans and ambitious targets which Warwick Ventures described. Ederyn Williams, Director of Warwick Ventures, said "We are establishing an excellent track record, with ten spin-offs from Warwick in just the last two years. The latest winner of the prestigious Lord Stafford Award for Innovation, Dig-ePrint Ltd, is one such example. Started by Dr Duncan Billson of the School of Engineering, it is using his inventions to build low-cost developing facilities for digital photography. There are plenty more good ideas hiding inside the universities, and now we have the financial resources, I am sure that we can help create many more exciting spin-off companies".
For more, contact Warwick Ventures on 02476 323 313 or email@example.com