The HE Business and Community Interaction (HE-BCI) Survey is completed by all publicly funded UK Higher Education Institutions (HEIs) and the results show the extent to which HEIs are embedded in the economy and communities of the UK. The HE-BCI publication, released by HESA today, displays the full survey results for every UK HEI. This release provides the headline results for the UK and for each devolved administration.
The survey results show the number of new and on-going spin-off companies associated with UK HEIs. 126 spin-offs were started with some HEI ownership in 2012/13 and over 3,500 graduate start-up companies were formed. In 2012/13 active spin-off companies employed nearly 39,000 people (FTE).