Small businesses founded at Scottish universities accounted for the highest number of equity investment deals to UK spin-outs last year, according to the British Business Bank.
Of the 211 equity deals involving spin-outs across the UK during 2021, 44 (21% of the total) came from Scottish academic institutions – the highest figure of any region or devolved nation.
The south east of England was second with 39 spinouts receiving funding, while the east of England and London had 35 and 32 respectively.
