Levelling up skills and investment for the South West
28 September 2021
The South West is home to the University of Bristol and the University of Exeter. Between 2014 and 2020, more than 5,400 new jobs were created by spinouts linked to Russell Group universities in the South West. Those 714 active companies had a combined turnover of £294m and brought £708m of investment to the region.
In addition to the high value jobs created by their business spin-out activities, Russell Group universities in the South West currently employ over 13,600 staff, an increase of 31% over the last 5 years.
How universities are helping in the region
University of Bristol – Science Creates
The University of Bristol has helped to establish 'Science Creates' a deep tech incubator that has helped to set up new science and engineering companies working with technologies to improve healthcare, the environment and quality of life.
University of Exeter – delivering world-leading diabetes research
Thanks to the flexibility of quality related “QR” funding, the University of Exeter has become a world leader in diabetes research, delivering improved treatments, helping to prevent thousands of people developing diabetes in the first place and saving the NHS millions.
Exeter has an exceptional track-record of providing employers with skilled workers, creating jobs, leading collaborations and partnerships and drawing investment locally and nationally- from the new South West Institute of Technology, our Degree Apprenticeship programme, the continued success of the SetSquared Exeter initiative, the thriving Exeter Science Park and the flourishing student Start-Up scheme, amongst others.
— Professor Lisa Roberts, Vice-Chancellor of the University of Exeter
Explore how our universities are contributing to other regions around the UK.
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Hamir Patel
hamir.patel@russellgroup.ac.uk
020 3816 1316
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Adam Clarke
adam.clarke@russellgroup.ac.uk
020 3816 1302