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Chart 1 - Spin-offs and start-up companies 2014/15 to 2022/23

HE Provider Data: Business and Community Interaction

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Chart 1 - Spin-offs and start-up companies

Academic years 2014/15 to 2022/23



Prior to 2021/22, as part of their latest data submission, HE providers were able to restate previous year's figures. In this table, previous year's figures are based on restated figures (so the 2019/20 figures are taken from the 2020/21 return; the 2018/19 figures are from the 2019/20 return and so on).

In 2022/23, The University of Cambridge experienced an increase of over £27 billion in 'Estimated external investment received (£ thousands)' in formal spin-offs compared to the previous year. Additional information regarding this can be found on the Data intelligence page.

Type of data

Administrative data

Data source

HESA (Higher Education Statistics Agency) is part of Jisc. We are the experts in UK higher education data and analysis. We have been collecting business and community interaction information since the 2008/09 academic year.

We provide data and analysis to a wide variety of customers, including:

  • Governments
  • Universities (via the Heidi Plus analytics tool)
  • Academic and commercial researchers
  • Students and potential students
  • Policy makers.

Our data is used to regulate the sector, inform policy making, advance understanding of social and economic trends, support student decision making, and enhance public understanding of - and confidence in - the higher education sector.

HE provider

In tables where multiple academic years of data are shown, the provider's name in the latest academic year is used throughout. See Provider mergers and changes for further information.

Restated figures

As part of the most recent data submission, HE providers are able to restate some of the previous year's figures. So, for example, the 2017/18 submission includes restated figures for 2016/17. The notes under each table or chart record whether restated figures are used or not.

Further information

open-data   Open data licence: CC-BY-4.0