IP Group, a major backer of university spin-outs in the UK, has recorded a pretax profit of £72.6m in 2013 – a 78% increase from its 2012 total of £40.7m – boosted by strong returns from its portfolio.
The commercialisation firm’s portfolio made net gains of £83m during 2013 (compared to £50.2m in 2012), with only a slight rise in admin costs, up £500,000 from last year to £13.2m.
It has been an active year for IP Group. Alan Aubrey,…
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Global University Venturing (GUV) is where tech transfer, academic and investment experts meet to explore the latest ideas and technologies driving innovation forward. We drive the discussions and share best practices that are critical to the success of spinouts, scaleouts and innovation programmes. Our aim is to help improve the processes of bringing innovations from academia to global markets and facilitate their integration into the broader business ecosystem.
