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Welsh universities among adopters of best practice spin-out policies
19 Nov 2024
Today sees the release of a new list of UK higher education providers that have voluntarily adopted the best practice policies for spin-outs.
This list, compiled by the UK nations’ higher education funding bodies, currently includes two Welsh higher education providers.
This marks one year since the publication of the UK Government’s Independent Review of University Spin-out Companies in November 2023.
Spin-out companies are start-up companies that are created based on intellectual property – IP – generated through a university’s research.
Best practice encourages higher education providers to adopt innovation-friendly policies and guidance that universities, investors and founders can all use.
Spin-outs Review Implementation: Best practices adoption list
This is a list of UK higher education providers that have voluntarily adopted the best practice policies for spin-out deal terms as highlighted in the November 2023 Independent Review of Spin-outs.
This list has been compiled by the Department for the Economy Northern Ireland, Medr, Research England and the Scottish Funding Council, based on information submitted by institutions.
This joint list will be updated periodically; the below includes higher education providers who have confirmed adoption by 1 November 2024.
Wales
Institution / Link to adoption statement/policies |
---|
Cardiff University |
Swansea University |
England
Scotland
Institution / Link to adoption statement/policies |
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University of Aberdeen |
University of Edinburgh |
University of Glasgow |
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