Levelling up the East Midlands
28 September 2021
The East Midlands is home to the University of Nottingham. Between 2014 and 2020, more than 3,300 new jobs were created by spinouts linked to the University of Nottingham. Those 928 active companies had a combined turnover of £350m and brought £240m of investment to the region.
The University of Nottingham boasts a total of 28 spin-out companies in its portfolio, which is valued at around £95m and managed by its wholly-owned subsidiary Nottingham Technology Ventures.
Nationally, the University is at the forefront of a number of key industrial challenges including decarbonisation, supporting companies including Rolls-Royce to develop future aerospace technologies, and through world-leading research into sustainable chemistry at its GSK Carbon Neutral Laboratories.
In addition to the high value jobs created by their business spin-out activities, the University currently employs around 7,900 staff, an increase of 6% over the last 5 years.
Over the past year, UK universities have played a vital role in helping the country respond to the many challenges faced during the Covid-19 pandemic – training frontline workers, supporting local communities and contributing to cutting-edge research. While challenges remain, universities will also be at the heart of post-Covid regeneration, providing the knowledge and skills needed for the country to catalyse our economic and social recovery.
— University of Nottingham Vice-Chancellor Professor Shearer West
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