UCL Business CEO calls for more investment in university spinouts

An excellent piece in the Financial Times today by Anne Lane, CEO at UCL Business Ltd: https://lnkd.in/eZGYiSc7 ✍ "The spinout sector across the UK is flourishing; £2.6bn in equity investment in 2024, even as wider high-growth company investment declined by 19 per cent. UCL Business alone has attracted £3bn in spinout investment over five years, creating over 2,000 jobs across 104 companies. "But the UK could be doing so much more to leverage economic growth from university research. Academics tell me the biggest challenge is taking the first steps — prototyping products and finding the market fit." University spinouts provide great return on investment, generating billions in economic outputs and supporting tens of thousands of jobs. It's why we've been calling on government to join universities in investing more in the early development stage - to bridge the early-stage funding gap and get more high-potential businesses ready for valuable private investment. Read more in this chapter of our report, Future Ready: the Path to Growth ➡️ https://lnkd.in/e8RME8S4

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