Imperial welcomes Independent review of university spin-out companies

The Big Summer Social celebrates Imperial's enterprise ecosystem - Imperial College London welcomes the UK Government's Independent review of university spin-out companies, published on 21 November. Imperial College London, along with its partners in TenU , the international collaboration of ten technology transfer offices from the world's leading universities, welcomes the UK Government's Independent review of university spin-out companies , published today. The review, commissioned by the Chancellor of the Exchequer and conducted by Professor Irene Tracy (University of Oxford) and Dr Andrew Williamson ( Cambridge Innovation Capital ), highlights the required components of a stellar spinout environment and makes recommendations to accelerate the UK towards building a world-leading innovation ecosystem that creates more and better spinout successes. "We welcome its findings and hope its recommendations will galvanise stakeholders across the university innovation ecosystem to help UK spinouts generate even more impact." Dr Simon Hepworth Director of Imperial Enterprise - The review notes the University Spinout Investment Terms Guide (USIT) , a set of recommendations to improve the speed and efficiency of university spinout formation launched by TenU in April 2023. USIT was developed through collaboration with prominent venture capital investors, global law firms and key professional associations and demonstrates the shared commitment across the sector to work together to build businesses that can change the world.