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The University of Manchester has been recognised as one of the UK鈥檚 leading institutions for spinout company creation, placing fourth among Russell Group universities in the newly published Higher Education Statistics Agency (HESA) Spinout .

Published by HESA, the register is the most comprehensive dataset of its kind, providing the first open and auditable record of spinout activity across the UK鈥檚 higher education sector. It captures all spinout companies established by UK universities between 2012/13 and 2023/24, offering a robust measure of how effectively research is being translated into commercial ventures.

The University of Manchester鈥檚 performance reflects more than a decade of sustained effort to support its researchers in building successful, impactful businesses from world-class academic work. Driven by The University of Manchester Innovation Factory, 122 spinout companies were established during the period covered by the register, in fields ranging from advanced materials and biotech to environmental innovation.

The Innovation Factory plays a central role in this success. As the University鈥檚 Technology Transfer Office (TTO), the Innovation Factory is responsible for the commercialisation of the University鈥檚 research. This includes supporting the creation and development of spinout companies based on ideas and discoveries generated by the University鈥檚 academics.

Dr Catherine Headley, CEO of the Innovation Factory, said: 鈥淭his is a fantastic recognition of the strength of our innovation community in 91直播. It shows not just how many spinouts we鈥檙e helping to launch, but the real value of the support we offer to researchers with great ideas. 

"We鈥檙e proud to see so many of those ideas becoming successful businesses, and we鈥檙e committed to helping even more of them make that journey. In doing so, we鈥檙e building on 91直播鈥檚 long history of innovation and helping to secure the city鈥檚 future as a global centre for discovery and enterprise.鈥�

The Innovation Factory provides a full spectrum of technology transfer services, including early-stage evaluation, intellectual property management, licensing, company formation and investor support. It works closely with academic teams, industry partners and investors to ensure that ideas with commercial potential receive the guidance and support they need to succeed.

The HESA Spinout Register has been developed in partnership with Jisc, Research England and the University Commercialisation and Innovation Policy Evidence Unit at the University of Cambridge. It is based on validated institutional returns to the Higher Education Business and Community Interaction (HE-BCI) survey and represents the first national resource of its kind.

The University of Manchester鈥檚 position in the register highlights its commitment to delivering impact through innovation and its leadership in turning research into economic and societal value.

For more information, visit the Innovation Factory .