University of Oxford and the Ellison Institute of Technology (EIT) announced today that they are entering a long-term strategic alliance to develop the solutions and future leaders needed to tackle some of the greatest and most enduring challenges facing humanity with an investment of at least £130m from EIT. The alliance was confirmed in a signing ceremony which took place at Oxford's Clarendon Building.
The University of Oxford-EIT strategic alliance is a unique partnership that will bring together the University’s world-leading researchers and talented students with experts, scientists and entrepreneurs who will be based at EIT’s new campus in Oxford.
Professor Patrick Grant, Pro-Vice-Chancellor for Research, University of Oxford, said:
'The new alliance allows EIT and the University to assemble focused, large-scale teams to take on some of the most challenging research questions facing humanity, and to accelerate research outcomes to broad societal impact. It also provides a novel and exciting shared research environment for research staff and students, giving them access to entrepreneurial support and experience, alongside flexible access to global experts and world-leading facilities.'
Read the full story.