Enterprise and Entrepreneurship – year in review 2023

Our Enterprise and Entrepreneurship report highlights the recent achievements for our research commercialisation and student enterprise activities.

The University of Liverpool is driving the transfer of technology generated from its innovative research – investing in academic founders to create spin-out companies and license novel technologies to create impact for a better world.

The latest Knowledge Exchange Framework (KEF3) results recognise our high engagement in IP and Commercialisation. In 2023, the University leapt into the top 20 of the Octopus Ventures Rankings that measures universities’ success at turning their academic achievements into thriving companies. Making our institution the highest-ranked university in the North West region.   

Enterprise at the University of Liverpool

The Enterprise Team has grown significantly thanks to University support, and helps to support investable founders through training, coaching and mentoring. These activities have led to:

  • 24 spin-outs supported in the last six years
  • £4.9 million in intellectual property (IP) related income to the University (HE-BCI 2022/23)
  • £13 million industry, grant and translational funding secured for projects in the pipeline (2022/23)
  • 115 jobs created (HE-BCI 2022/23).

The University has committed a total of £5.6 million in Enterprise Investment Funding (EIF) since 2018. This has de-risked technology in the pipeline and leveraged a further £28 million of investment, industry and grant funding into our spin-out companies and the University.

 In 22/2023 alone, the University supported seven new spin-out companies built on a foundation of world-class research and development. These new businesses have the potential to deliver significant economic and societal benefits in the next years and decades.

Read our Enterprise Annual Report 2023 (pdf document), which sets our achievements, provides case studies of some of our spin-out ventures and outlines the strategy for growth over the next five years.

 

“From climate change to an aging population, the work of our academic experts provides ideas and technologies that will help meet the evolving needs of society. We have come along way but remain ambitious to do even more. Our strategy over the next five years, as we reap the benefits of our investment, is to accelerate the pace of innovation and impact.”

Professor Anthony Hollander, Pro-Vice-Chancellor for Research & Impact

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