Last Updated on: 22nd November 2023, 11:34 am
- The University of Wales Trinity Saint David has seen the most businesses formed that are still active today (1,067).
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The University of Cambridge has seen its start-ups attracting the highest investments, with a total external investment of £2.0 billion.
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The University of Cambridge has also produced the businesses that employ the most people, with 22,908 full-time employees working across all categories.
-
The University of Wales Trinity Saint David has the most active firms that survived three years (902).
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The University of Bedfordshire has produced the most social enterprises (105).
The UK universities that have produced the most businesses:
|
Active Firms |
|||||||
|
Rank |
HE provider |
Spin-offs (with some HEP ownership) |
Formal Spin-offs (not HEP owned) |
Staff Start-ups |
Student Start-ups |
Social Enterprises |
Total |
|
1 |
The University of Wales Trinity Saint David |
5 |
4 |
22 |
1,032 |
4 |
1,067 |
|
2 |
The University of Central Lancashire |
1 |
0 |
0 |
861 |
0 |
862 |
|
3 |
Kingston University |
5 |
0 |
0 |
713 |
0 |
718 |
|
4 |
University of the Arts, London |
0 |
0 |
0 |
657 |
0 |
657 |
|
5 |
University of Bedfordshire |
0 |
0 |
0 |
479 |
105 |
584 |
|
6 |
Royal College of Art |
44 |
2 |
2 |
440 |
10 |
498 |
|
7 |
The University of Cambridge |
109 |
114 |
68 |
153 |
5 |
449 |
|
7 |
University College London |
75 |
0 |
0 |
369 |
5 |
449 |
|
9 |
Staffordshire University |
0 |
0 |
13 |
393 |
3 |
409 |
|
10 |
The University of East London |
0 |
0 |
0 |
380 |
23 |
403 |
- The University of Wales Trinity Saint David has seen the most businesses formed that are still active today (1,067). Most of these are student start-ups, but there is also a substantial amount in all other categories.
- The University of Central Lancashire and Kingston University are next on the list, with 862 and 718 active firms, respectively.
The research also revealed the universities that have produced the businesses with the highest turnover:
|
Estimated Current Turnover |
|||||||
|
Rank |
HE Provider |
Spin-offs (with some HEP ownership) |
Formal Spin-offs (not HEP owned) |
Staff Start-ups |
Student Start-ups |
Social enterprises |
Total |
|
1 |
The University of Cambridge |
£96.9m |
£7.6bn |
£710.3m |
£2.0bn |
£0.0m |
£10.3bn |
|
2 |
The University of Oxford |
£497.3m |
£0.0m |
£0.0m |
£116.8m |
£0.5m |
£614.7m |
|
3 |
Queen’s University Belfast |
£346.2m |
£112.8m |
£0.0m |
£0.0m |
£0.0m |
£459.0m |
|
4 |
University of Nottingham |
£6.9m |
£6.2m |
£0.0m |
£403.1m |
£1.7m |
£417.9m |
|
5 |
The University of Portsmouth |
£0.0m |
£0.0m |
£0.0m |
£384.1m |
£0.0m |
£384.1m |
|
6 |
The University of Southampton |
£13.9m |
£56.5m |
£118.1m |
£32.3m |
£0.1m |
£220.9m |
|
7 |
The University of Strathclyde |
£2.3m |
£136.3m |
£60.4m |
£21.5m |
£0.0m |
£220.5m |
|
8 |
University College London |
£83.8m |
£0.0m |
£0.0m |
£93.2m |
£0.2m |
£177.3m |
|
9 |
Newcastle University |
£13.6m |
£0.0m |
£0.0m |
£153.7m |
£1.7m |
£169.1m |
|
10 |
The University of Leeds |
£81.5m |
£0.0m |
£0.0m |
£44.5m |
£0.0m |
£126.0m |
- In terms of turnover, the University of Cambridge leads the way, with an estimated total turnover of £10.3 billion, primarily from formal spin-offs not owned by the university, which account for a staggering £7.6 billion.
- Cambridge’s long-standing rival, Oxford, comes in second, with an estimated turnover of £614.7 million. Unlike Cambridge, the most substantial source of Oxford’s turnover comes from spin-offs with some HEP ownership, which generates £497.3 million.
- Queen’s University Belfast is the third on the list, with a total turnover of £459 million. The university’s turnover primarily comes from spin-offs with some HEP ownership (£346.2 million) and formal spin-offs not owned by the university (£112.8 million).
-
The University of Cambridge has seen its start-ups attracting the highest investments, with a total external investment of £2.0 billion.
-
The University of Cambridge has also produced the businesses that employ the most people, with 22,908 full-time employees working across all categories.
-
The University of Wales Trinity Saint David has the most active firms that survived three years (902).
-
The University of Bedfordshire has produced the most social enterprises (105).
