With companies created ranging from AI and quantum computing to vaccine developers and social ventures tackling poverty, Oxford University hits milestone in company creation, cementing its status as a leading institution in research commercialisation globally.
The University of Oxford has reached the milestone of creating 300 companies based on research and ideas from students, staff and alumni, supported by Oxford University Innovation (OUI), its research commercialisation arm. For every £1 invested in Oxford research, the University’s innovation activities generate another £10 for the wider economy. This milestone demonstrates the significant impact that Oxford’s research and innovation has on the global economy and society.
The creation of 300 companies is a significant achievement for Oxford University and the UK’s innovation ecosystem, Universities have a fundamental role in driving UK economic growth and in stimulating an entrepreneurial culture and ecosystem in Britain. We are immensely proud of our researchers and staff who support the translation of our research into impact, whose efforts bring benefits to our regional, national and global communities
Professor Irene Tracey, Vice-Chancellor of the University of Oxford.
Investors from around the world have come to Oxford to back our companies, providing the crucial lifeblood necessary to scale Oxford companies at pace This influx of capital has been met with a surge of talent and rapid development of infrastructure to support Oxford’s portfolio, and is positioning Oxford as the foundations for the UK’s ambitions to become a science superpower.
Jim Wilkinson, Chief Financial Officer at Oxford Science Enterprises
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