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Ïã¸ÛÁùºÏ²ÊÖÐÌØÍø adopts spinouts good practice recommendations

Ïã¸ÛÁùºÏ²ÊÖÐÌØÍø is pleased to announce that we’re adopting the recommendations of good practice around university spinouts, as identified through the Independent review of university spin-out companies.

We’re further adopting the recommendations from TenU’s University Spin-out Investment Terms (USIT) Guide and TenU’s USIT for Software Guide, having contributed to the development of both guides over recent months.

Ïã¸ÛÁùºÏ²ÊÖÐÌØÍø seeks to deliver real-world impact through our research and knowledge exchange, and a key part of that is supporting exceptional ideas across our research disciplines through commercialisation routes to bring them to market. Ïã¸ÛÁùºÏ²ÊÖÐÌØÍø’s spinouts, supported through Ïã¸ÛÁùºÏ²ÊÖÐÌØÍøB, have proven highly successful, with 76 active spinout companies currently supported, having raised £2.85 billion in external investment between 2018 and 2023.

We have in place strong governance procedures and policies to support our knowledge exchange and commercialisation environment, with regular review and ongoing provision around implementation, guidance and awareness raising for all staff and students. For example:

Ïã¸ÛÁùºÏ²ÊÖÐÌØÍø is committed to deliver high quality research and knowledge exchange to achieve real-world social and economic impact for the UK and beyond. As part of our approach to this, we’re strongly committed to our spinout environment, constantly looking to improve and further develop our support to staff, developing training and delivering support at all points in the journey from discovery to launching and supporting spinouts.