The University of Minnesota breaks its spin-out record with 14 companies launched in the 2013 fiscal year.

The University of Minnesota has launched 14 spin-outs in the 2013 fiscal year, breaking previous records for the university.

Since 2006, the University’s Office for Technology Commercialisation has launched 52 companies with 12 in 2012. The University reports that 80% of its firms are still active – a survival rate comparable with Cambridge Enterprise in the UK.

Another five are due to launch over the coming year, with a further 19 in the works.

Brian Herman, the University of Minnesota’s…

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