Graduates of Southampton universities contribute to the 4,000 new business start-ups that are responsible for supporting tens of thousands of jobs every year

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The latest statistics from the Higher Education Statistics Agency (HESA) show the number of spin-offs and start-up companies launched by students graduating from university between 2015 and 2019 are at record levels.

A company was started, on average, every two hours over the last five years at UK universities. There were almost 30,000 employees at active companies started by graduates in 2018/19, a rise of more than 30% from 2014/15, and the income generated at graduate start-ups in 2018/19 was more than £1 billion, an increase of more than a quarter from the previous year and almost double that of five years ago.

Graduate businesses also remain an attractive proposition to backers, with their start-ups receiving more than £1.1 billion in external investment since 2014/15, including almost £350 million in 2018/19.

Source: Hesa