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University technology transfer offices in the UK welcome the government's move to extend the existing range of model research agreements, says their representational body PraxisUnico.

Edinburgh University founded the Old College Capital fund to supply mid- and late-stage funding to spin-out companies.

Europe's Eureka research programme will invest €33 million to fund 25 new collaborative R&D projects. The agreement was announced at a meeting in Eilat, under Israel's chairmanship of Eureka.

While the world financial crisis put the focus on innovation for economic growth, an emerging field aims to use innovation to solve social problems, at the same time providing a much-needed way to put a value on public investment in science

Eurolight, a new venture capital firm set up to specialise in photonics start-ups in Europe, outlined its investment plans as members of the industry gathered to discuss the state of play in this critical technology. Photonics has been singled out by the Commission as one of five fields central to future growth prospects

For the second year in a row, Germany was this week declared world leader in solar photovoltaics. The country has also led Europe in nurturing start-ups in other areas of cleantech. But now funding for new companies may be drying up.

Entrepreneurs, investors and industry leaders attending the third annual Science|Business Academic Enterprise Awards (ACES) conference earlier this month called on European politicians and universities to do more to support entrepreneurship on campus and help seed a new generation of world-class technology companies.

The governing board of the European Institute of Innovation and Technology (EIT) has elected Alexander von Gabain, founder of the Austrian vaccines company Intercell as its next chairman.

The European University Association (EUA) has published a report on how to ensure the financial sustainability of Europe’s 5,000 universities in the face of public sector cuts.