Ohio State University spun out a total of 13 companies in the last fiscal year and now has a portfolio with a record 98 active businesses.

Ohio State University (OSU) established 13 spinouts in its past fiscal year, which ended June 30, and generated $5.6m in revenue, according to Columbus Business First.

The institution has already founded another 10 spinouts in the current fiscal year and now holds a portfolio of a record 98 active companies – having doubled the figure within five years. Five spinouts were wound down in the fiscal year 2020.

The pandemic meant invention disclosures at OSU were down year on year,…

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).