Cambridge Welcomes Entrepreneurs
Cambridge University has traditionally lagged far behind its U.S counterparts in spawning a ring of high-tech industries (
The Scientist,May 16, page 8), but now an “innovation center” founded by Trinity College in 1986 has been so successful that the college will open another this month. Meanwhile, St. John’s College has opened an incubator of its own on a 22-acre site owned by the college. To date, St. John’s has invested $9 million in the facility, which is directed by engineer Bill Bolton and is scheduled to be completed in April 1989. Both of the new centers offer real estate space and secretarial services, as well as periodic business seminars. Bolton predicts that many of the beneficiaries of the center will be scientists who cant find university positions. “When the funded research comes to an end, many face the academic equivalent of getting fired,” Bolton observes....
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