The University of Wales is offering what it says is one of the world’s highest paying PhD schemes to encourage fresh thinking in Welsh companies.
Students on the Prince of Wales Innovation Scholarships programme will receive an annual stipend of £20,000 and a research grant of £5,000.
All their tuition fees will also be paid. The aim is to recruit 100 of the world’s best graduates.

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See http://news.bbc.co.uk/2/hi/uk_news/education/7910136.stm