BBC: The isolation and initial study of graphene occurred at Manchester University in the UK. Now the British government is increasing its investment in research on the novel material. A previous investment of £12 million ($19.3 million) and almost £10 million from the Engineering and Physical Sciences Research Council will be divided among the following universities: the University of Cambridge, Imperial College London, Durham University, the University of Manchester, the University of Exeter, and Royal Holloway. Along with their industrial partners, the universities will also contribute another £14 million. All the selected universities have existing research projects to examine and take advantage of graphene’s unique properties. Chancellor George Osbourne, who announced the investment, says the funds are to help transfer technology from laboratories to factories.