Written question asked by John Bercow (Conservative) on Monday, 25 March 2002, in the House of Commons. It was due for an answer on Wednesday, 10 April 2002. It was answered by Patricia Hewitt (Labour) on Wednesday, 10 April 2002 on behalf of the Department of Trade and Industry.

Dept of Trade and Industry

Question: To ask the Secretary of State for Trade and Industry, how many spinouts in the university sector have been created (a) since 1997-98 and (b) in 2001-02 by the Science Enterprise Challenge Scheme. - Inc figures.

Answer: Mr. Bercow: To ask the Secretary of State for Trade and Industry how many spinouts in the university sector have been created (a) since 1997-98 and (b) in 2001-02 by the Science Enterprise Challenge Scheme. [47348] Ms Hewitt: The Science Enterprise Challenge was set up to establish a network of centres in UK universities, specialising in the teaching and practice of commercialisation and entrepreneurialism in the field of science and technology. The creation of spin-outs is not an explicit objective. However, in their first two years of operation (period ending September 2001), the centres established under the scheme have provided help and support with the development of over 400 credible business ideas. Over 80 have led to early stage businesses, including both spin-outs and start ups from individuals receiving training or advice from the centres.

Secondary information

Type: Written question
Reference: 383 c376W; 47348
Session: 2001-02
Subjects: Innovation Universities Training Small businesses Technology Science New businesses
Contains statistics: Yes
Link: View this Written question on www.publications.parliament.uk