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Manchester, Bristol lead way for spinout growth – report

Manchester spinouts
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Manchester and Bristol have the highest growth in the number of new spinouts in the UK, a report has revealed.

Manchester is home to 58 spinouts, up from 52 last year, while 47 spinouts are based in Bristol, up from 42 – the highest proportional growth in spinout creation.

The data, compiled by research firm Beauhurst, shows that spinout growth is expanding beyond the ‘golden triangle’ of universities in London, Oxford and Cambridge.

Edinburgh is home to 78 spinouts, with the report citing the city’s “strong research institutions, funding ties, and access to top talent”.

Recent spinouts from the University of Manchester include Apini Therapeutics, AI company Imperagen and online water managment platform Nexsys.

“The remarkable growth of university spinouts outside the ‘golden triangle,’ exemplified by Manchester, Bristol, and Edinburgh, presents a compelling case for nurturing innovation hubs across the country,” said Maria Dramalioti-Taylor, partner at Beacon Capital LLP....