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15th July 2022 - 0 comments

University spinouts twice as likely to succeed when funded by UK funding agencies

University spinouts [1] that emerged from research council investments and receive funding from both the British Business Bank and Innovate UK are more likely to have better business and employment outcomes according to a new report published today.

 

The ‘Backing innovation-led businesses: the role of public investment’ report, published by the British Business Bank and UK Research and Innovation, including Innovate UK, explores the role of public funding and financing of innovation in the UK.

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