Levelling up skills and investment for London

28 September 2021


London is home to Imperial College LondonKing's College LondonLondon School of Economics and Political ScienceQueen Mary University of London and University College London

Between 2014 and 2020, more than 24,800 new jobs were created by spinouts linked to Russell Group universities in London. Those 3,199 active companies had a combined turnover of £1.29bn and brought £3bn of investment to the Capital. 

In addition to the high value jobs created by their business spin-out activities, Russell Group universities in London currently employ over 41,500 staff, an increase of 23% over the last 5 years. 

How universities are helping in the region

Imperial College London – driving medical technology innovation across the UK 

The MedTech Superconnector based at Imperial College London's White City Innovation District is supporting researchers to break new ground in the field of medical technology and apply work from the arts and science to early-stage technologies. It has been backed by Research England to expand across the UK

QMUL – supporting cutting edge life science businesses 

The Queen Mary BioEnterprises Innovation Centre is helping life science businesses across the capital turn their ideas into real-world applications such as vaccines and anti-viral treatments.

Queen Mary University of London is proud to be deeply embedded in our local communities: throughout our history it has been part of what defines us. Working with local partners is an integral part of our University Strategy and continues to help shape our teaching, research, innovation and engagement activities today.

— Professor Colin Bailey, President and Principal of Queen Mary University of London

UCL developing lifesaving COVID-19 technology at pace … from idea to 10,000 in a month  

Doctors and engineers from UCL worked with experts to design and build a breathing support device for Covid patients in just one month. The device which was swiftly adopted by the NHS is now being used to save lives in countries around the world.
Explore how our universities are contributing to other regions around the UK.

Related case studies

Media Enquiries
Policy Enquiries

Follow us on Twitter