Francis Crick Institute receives biggest philanthropic pledge yet for £50mn research fund
Melanie May | 27 April 2022 | News
The Francis Crick Institute has received the largest ever individual philanthropic pledge in the institute’s five-year history.
A pledge from the Chris Banton Foundation has enabled the setting up of a £50 million research fund. This is dedicated to accelerating the translation of Crick discoveries and ideas into societal benefit, including the prevention, diagnosis and treatment of human disease.
The Chris Banton Foundation is a newly established Foundation set up by individuals associated with the Bloor Group, a long-time supporter of the Francis Crick Institute and Cancer Research UK, which is the Crick’s founding partner.
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Véronique Birault, Translation Director at the Crick, said:
“The scientific culture of the Crick means that our researchers always think about the translational potential of their work. This fund will enable Crick scientists to validate early-stage ideas, demonstrate commercial potential and identify industry partners or investors to progress Crick discoveries towards the marketplace.”
A spokesperson for the Chris Banton Foundation said:
“We are delighted to be able to support the early-stage translation of research at the Crick. This fund represents an ongoing partnership with the institute through which we can progress exciting discoveries.”
About Melanie May
Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via thepurplepim.com.