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Lord Johnson, the UK's investment minister, is trying to do something about the country's "valley of death" when it comes to tech start-ups: He's putting his money where his mouth is, the Telegraph reports.
The Valley of Death, as it's known in the UK, is a "valley of death" when it comes to tech start-ups, Johnson says: "Many great UK innovations fail by falling into the funding [valley] of death."
So he's putting his money where his mouth is in an attempt to change that.
At a London conference this week, Johnson will announce a plan to make it easier for start-ups in the UK to get the funding they need to succeed, the Guardian reports.
Among the things he'll be looking at: making it easier for universities and other government agencies to invest in tech start-ups, as well as making it easier for entrepreneurs to find the money they need to get their ideas off the ground.
"If you want to be a world-changer, you have to be in the right place at the right time," Johnson says.
"If you're not in the right place at the right time, you're not going to be successful."
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