Royal Academy of Engineering Enterprise Hub’s Spotlight on spinouts 2023 – University spinout growth booming outside ‘golden triangle’
Maria Dramalioti-Taylor, Founding Partner at Beacon Capital LLP, Royal Academy of Engineering Enterprise Committee Member, and member of the project steering group, said:
The “Spotlight on Spinouts” sheds light on critical trends that spinout founders, investors and policymakers must take into account. The remarkable growth of university spinouts outside the ‘golden triangle,’ exemplified by Manchester, Bristol, and Edinburgh, presents a compelling case for nurturing innovation hubs across the country.
The report also highlights two encouraging developments: the substantial increase in spinouts founded by women that showcases the expanding inclusivity within the entrepreneurship landscape, and the decrease in universities’ average stake that signals a shift towards more balanced partnerships that empower spinout founders.
By championing gender diversity and fostering equitable collaborations, we can foster a thriving ecosystem that supports the growth of university spinouts, unlocks their potential, and propels the UK’s innovation-driven economy forward.”
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