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Oxford University Innovation
The Oxford University Innovation (OUI) Incubator has relaunched with a new deal on equity and access to finance for Oxford University startups, after an extensive overhaul and refurbishment under its new manager, Catherine Spence.
The incubator, which has created 30 companies since launching in 2011 including verification and background check platform Onfido, has reduced the equity stake it asks from potential portfolio startups by half down to 5%. In addition, the incubator has collaborated with early-stage investors to create a programme to provide robust and constructive early stage feedback as well as back startups with the initial cash they need to get wheels turning, called OUI Future Fusion.