By Kate Allen and Jonathan Moules
A new institution which aims to maximise the UK’s world-leading position in the emerging field of data use for the creation of new businesses and services is set to launch today.
The Open Data Institute, which was announced by George Osborne in last year’s Autumn Statement, will be the first such organisation of its kind in the world. It will receive £10m government funding over the next five years and aims to raise an equal amount from private donors. It has already attracted $750,000 from eBay founder and philanthropist Pierre Omidyar. Read more