Founder-friendly blueprint for boosting UK software spinouts

May 21, 2024

A UK government commissioned Independent Review of the spinout sector last autumn found that UK university spin-out investment increased five-fold from £1.06 billion in 2014 to £5.3 billion in 2021. University spinouts transform world class research into companies that solve complex technology challenges that benefit society and our economies. The USIT Guide for Software recommends faster deals with less friction, built for rapid scaling. It sets clear guidelines and terms to optimise the software spin-out process and includes a recommendation for universities to take between 5-10% equity in software spinouts, with no antidilution provisions, before any investment is raised. Mairi Gibbs, Interim CEO of Oxford University Innovation (OUI), said: 'At Oxford University Innovation we are committed to fostering innovation and streamlining processes that drive rapid and effective company creation.

The source of this news is from University of Oxford