Universities in the US state of Illinois have generated 804 companies between 2012 and 2016, including 129 spinouts, a report by the Illinois Science and Technology Coalition (ISTC) released yesterday shows.

Students established a total of 675 startups.

Out of the 804 total, approximately 80% (624) remain active or have been acquired and out of those 497 are still based in the state. A total of 30% counted a foreign-born founder or co-founder, and 30% had a female founder or…