UK universities took stakes in 233 spin-offs last year according to Higher Education and Statistics Agency figures, while 2771 graduates set up companies.

The number of start-ups coming out of UK universities rose to 3118 last year, up 15.6% on the prior year. The breakdown of start-ups coming out of universities was 2771 set up by graduates, 87 set up by staff, 233 formal spin-offs with some high education ownership and 27 formal spin-offs which were not backed…

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