UCSD, UC Irvine Get UK Grant

UC San Diego and UC Irvine have received a $2.6M grant from a UK-based business accelerator, the universities reported yesterday. UCSD and UCI have received a grant from the UK Department of Trade and Industry, as part of SETsquared, a UK-based business accelerator program. The grant is part of a program to seed collaboration between technology clusters in the US and the UK, and funds research projects in areas such as life sciences, new materials, stem cells, and tissue engineering. The project includes collaboration with universities in Bath, Bristol, Southampton and Surrey. The UK Department of Trade and Industry is active in Southern California promoting investments and collaboration between UK-based technology firms and Southern California's high tech companies.