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Recently released figures show that a record number of student start-up companies were created at UK universities last year.

Data published by the Higher Education Statistics Agency (Hesa) shows 5,122 spin-offs and start-ups were registered across 125 higher education providers in 2021-22.

Of these, 4,735 were student start-ups – up 5 per cent on 2020-21, and the most since the higher education business and community interaction survey began.

The figures also include staff start-ups, formal spin-offs (either not owned or partly owned by higher education providers) and social enterprises.

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