Over many decades, the University has fostered an impressive track record of creating an environment in which small businesses can both be established and thrive.
That has led to the launch of seven spinout companies as a means of commercialising the work of its world-leading researchers, a level of success recognised through the KEF process. Operating in fields as diverse as energy generation, agricultural technology, vaccine and antibiotic development, and maritime cyber security, these companies now have a combined annual turnover of more than £15million.
Also acknowledged through the KEF was the guidance extended to students and graduates right across the University through
The Cube. It offers advice, funding and support at every stage of the entrepreneurial journey, and in the past three years has supported over 4,400 student interactions and generated 230 businesses, who have a collective turnover of more than £3.3million.
The University was also listed among the country’s leading universities for its work to support local growth and regeneration. This reflects its ongoing work to support the development and delivery of local economic strategies, and its work managing schemes such as the
Cornwall Innovation Centres.
It also acknowledges the University’s role in partnerships with key sectors and wider innovation across the broader business community, in fields including offshore renewable energy, marine autonomy and environmental intelligence.
