The university has introduced a quality seal that will be awarded to spinouts, with recipients gaining access to a wide range of resources.
University of St Gallen launched its quality seal scheme last week that allows spinouts to apply for the cachet and gain access to a wide range of resources at the institution’s Centre for Entrepreneurship.
To be eligible, a company must be a spinout from the university and have at least one co-founder who is researching or teaching at the institution, and have been active for a minimum of 12 months.
The “Spin-Off Universität St Gallen” seal has already been awarded to 99 businesses, with the aim also partially being to gain a better overview over spinouts that have emerged from the institution. The university also hopes to boost the Swiss innovation ecosystem.
The list can be accessed online and includes both recent spinouts, such as mileage tracking application developer Vimcar, founded in 2013, and older companies, such as IT consultancies Abacus and Namics, which were founced in 1985 and 1995, respectively.
Recipients will gain access to resources at the Centre for Entrepreneurship, including office space, mentoring, workshops and networking events.
