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Exhibitors and attendees at the Enterprise Excellence event

Enterprise Excellence: University of Nottingham spin-outs powering innovation and regional growth

Thursday, 02 October 2025

The University of Nottingham has proudly celebrated the pioneering individuals and teams transforming world-class research into ventures driving innovation, sustainability and economic growth across the Midlands and beyond.

Enterprise Excellence: A celebration of University of Nottingham spin-outs, held on Wednesday 1 October, showcased the achievements of the university’s thriving spin-out portfolio – now close to 40 active companies delivering impact in diverse sectors.

Opening the event, Professor Jane Norman, President and Vice-Chancellor of the University of Nottingham, praised the university’s culture of innovation and commercialisation.

Professor Jane Norman
With almost 40 spin-out companies, including 25 launched in the past seven years, Nottingham research is creating real-world benefits for society, the environment and the economy. These individuals are central to the growth of our portfolio, and tonight is a great opportunity to celebrate with them.
Professor Jane Norman, President and Vice-Chancellor of the University of Nottingham

The celebration came shortly after the publication of the latest Knowledge Exchange Framework (KEF5) results, in which the University of Nottingham once again demonstrated its leadership in innovation and regional engagement. The KEF, published by Research England, evaluates how universities contribute to society and the economy through collaboration with businesses, charities, public bodies and communities. Nottingham’s strong performance reaffirms its position among the UK’s top research-intensive universities and spotlights its pivotal role in driving growth and innovation across the East Midlands.

Traditionally strong in life sciences and deep tech, Nottingham’s spin-outs now represent an increasingly diverse range of industries. Highlights include a social enterprise advancing the circular economy, AI-driven solutions for animal welfare and engineering, ventures tackling workplace inequality through inclusive mentoring, and a fast-growing cluster of clean tech companies aligned with the university’s zero-carbon ambitions.

While University of Nottingham spin-outs have raised more than £100 million in venture capital over the past five years, Professor Norman acknowledged the barriers to finance facing early-stage businesses, particularly in the Midlands. To address this, the university has invested £5 million in equity finance into its portfolio over the last five years, partnered in Midlands Mindforge, a patient capital fund supporting regional spin-outs, and launched Forging Ahead, alongside 14 other universities, to accelerate commercialisation and strengthen the Midlands’ innovation ecosystem.

University of Nottingham spinout Neupulse, which is developing a wristband to reduce the symptoms of Tourette Syndrome, were among the exhibitors.

“The Midlands has always been a region of makers, doers and visionaries,” added Professor Norman. “These initiatives will help ensure that tradition continues long into the future.”

The event featured inspiring presentations from several of Nottingham’s spin-out companies, including: VetVision AI Ltd (2023), delivering AI-driven, 24-hour monitoring systems for animal welfare; The Reverse Mentoring Practice Ltd (2021), offering transformative mentoring programmes to promote workplace inclusivity; Forge Genetics Ltd (2023), providing proprietary gene-editing technology for the biotech and pharmaceutical industry; and Keep Energy Systems Ltd (2020, formerly Cheesecake Energy), developing long-duration energy storage solutions for a cleaner energy future.

Alongside these showcases, guests explored an exhibition and networked with founders and executives, highlighting the breadth of entrepreneurial talent emerging from Nottingham’s research base.

Dr Robert Hyde, co-founder of VetVision AI Ltd, said: “The support from University of Nottingham Technology Ventures has been foundational in our spin-out journey. From the outset, this has enabled us to take groundbreaking research from the University of Nottingham School of Veterinary Medicine and Science and turn it into real-world improvements for animal health, and this event has highlighted the impact of this approach with so many ambitious companies aiming to make real-world impact from their research.”

With ongoing collaboration and support from Nottingham Technology Ventures (NTV) – the university’s wholly owned subsidiary responsible for managing the spin-out portfolio and its investments – Nottingham spin-outs are well placed to play a vital role in shaping a greener, fairer and more innovative future for the region and beyond.

EmmaThorne
Emma Thorne - Head of News
Email: emma.thorne@nottingham.ac.uk
Phone: 0115 846 8092
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About the University of Nottingham

Ranked 97 in the world and 17th in the UK by the QS World University Rankings, the University of Nottingham is a founding member of Russell Group of research-intensive universities. Studying at the University of Nottingham is a life-changing experience, and we pride ourselves on unlocking the potential of our students. We have a pioneering spirit, expressed in the vision of our founder Sir Jesse Boot, which has seen us lead the way in establishing campuses in China and Malaysia - part of a globally connected network of education, research and industrial engagement.

Nottingham was crowned Sports University of the Year by The Times and Sunday Times Good University Guide 2024 – the third time it has been given the honour since 2018 – and by the Daily Mail University Guide 2024.

The university is among the best universities in the UK for the strength of our research, positioned seventh for research power in the UK according to REF 2021. The birthplace of discoveries such as MRI and ibuprofen, our innovations transform lives and tackle global problems such as sustainable food supplies, ending modern slavery, developing greener transport, and reducing reliance on fossil fuels.

The university is a major employer and industry partner - locally and globally - and our graduates are the third most targeted by the UK's top employers, according to The Graduate Market in 2024 report by High Fliers Research.

We lead the Universities for Nottingham initiative, in partnership with Nottingham Trent University, a pioneering collaboration between the city’s two world-class institutions to improve levels of prosperity, opportunity, sustainability, health and wellbeing for residents in the city and region we are proud to call home.

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