For more than 35 years, Oxford University Innovation (OUI) has helped researchers make an impact in the world. The word impact, though, has never meant as much – or as many different things – as it does today.

Quick Facts

  • £34m total income (2022/23)

  • £15.9m returned to the University

  • 853 Clinical Outcomes executed agreements

There’s the immediate impact seen when an individual academic performs consultancy work to solve a problem for an external client – or when a University department provides use of its high-tech equipment. There’s the social venture putting its profits towards tackling a global challenge; the promising medical invention licensed to a bigger company for onward application; the major biotech creating hundreds of regional jobs while it works long-term to treat or cure a disease.

OUI facilitates research commercialisation and consulting partnerships. All of these companies, licensing and consulting agreements originate in Oxford’s unique environment of interdisciplinary academic collaboration, and all of them are making the world a better place – in a multitude of different ways. Impact flows out from the University and any financial returns to the University flow back to further the mission of teaching and research, and fund and support the development of innovative, impactful ideas of the future.

When thinking about how to measure impact, OUI decided to use the United Nations Sustainable Development Goals (UN SDGs) as a framework to assess and report this activity. A survey of Oxford’s spinout companies, startups and social ventures suggests that together they are contributing to almost all these 17 targets, from ending poverty and hunger to improving health, achieving gender equality, creating resilient infrastructure and combating climate change. We are very proud of this first impact report assessment and invite more of our companies and partners to participate next year.

As the number of companies created, patents filed, licences agreed and consultancies performed increases year on year, so too will the economic and societal impact generated by the University and its world-leading researchers.

Oxford University Innovation has helped researchers make an impact in the world. The word impact, though, has never meant as much – or as many different things – as it does today.”

Our Internal Impact 2022/23

34m

Total Income

15.9m

Returns to the University

333

Total Disclosures

66

New Patent Filings

20

New Companies

1

Incubator Startup

16

Spinouts

3

Social Ventures

Licensing & Ventures

934

Total Deals

Consulting Services

652

Contracts with 383 Individual (unique) Companies

Clinical Outcomes

853

Executed Agreements

OUI’s financial performance