Dundee shortlisted as European Entrepreneurial University of the Year

The Triple E Awards are a global recognition of efforts towards the quest for entrepreneurship and engagement in higher education. The awards aim to foster change in universities and to emphasise their role in their communities and ecosystems.

The University of Dundee champions an entrepreneurial culture, with enterprise and engagement standing alongside teaching and research as key pillars of its activity.

In 2023, the University was named the UK’s best for supporting spinout business, ahead of traditional powerhouses such as Oxford, Cambridge and UCL, in the independent report compiled by Octopus Ventures. 

This ranking was determined by factors such as number of patents, spin-out companies created and recent portfolio success, which for Dundee included the £2.2 billion IPO of Exscientia on the US NASDAQ, one of the largest ever UK university spin-out company exits.

Dr David McBeth, Vice-Principal (Enterprise and Economic Transformation), said, “This recognition from the Triple E Awards highlights years of success for Dundee and the culture and environment we have established which encourages innovation and enterprise.

“We have a strong track record in creating new businesses, with both our Centre for Entrepreneurship and our Research & Innovation Services being cited often as leaders in terms of innovative and impactful practices for supporting start-ups and spin-outs.

“We are continuing to strengthen and invest in our innovation pipeline, including with the establishment of a new Life Sciences Innovation Hub in Dundee, a significant addition to Scotland’s capacity to grow and retain new companies.”

The winners of the Triple E European Awards 2024 will be announced during the 2024 ACEEU Europe-Africa Forum in Lisbon, from 18-20 September.

You can find out more about the Triple E Awards here.