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EDUCATION > Universities

Keio University produced largest number of startups in fiscal 2021

  • May 18, 2022
  • , Nikkei , p. 13
  • JMH Translation

About 200 startups are launched by universities per year, and the cumulative total number of such startups is over 3,300, according to a survey conducted by the Ministry of Economy, Trade and Industry. Keio University posted the most new startups in fiscal 2021, with university-affiliated venture capital companies supporting the startups. Gifu University launched the second most. Although the startups span a broad range of fields, few result in an initial public offering (IPO). A sustainable growth strategy will be key to encouraging universities to be more active in launching startups. (Abridged)

 

University-affiliated startups

Ranking

University

No. of new startups in fiscal 2021

(Rate of increase from fiscal 2020)

Total no. of startups

1

Keio University

85 companies (94%)

175 companies

2

Gifu University

37 (2.9 fold)

57

3

University of Tsukuba

32 (22%)

178

4

Ritsumeikan University

27 (45%)

87

5

Kyoto University

20 (9%)

242

6

Tokyo University of Science

15 (14%)

126

7

Kagoshima University

14 (61%)

37

8

Kagawa University

13 (3.2 fold)

19

9

Osaka University

12 (7%)

180

10

Tohoku University

12 (8%)

157

11

Digital Hollywood University

11 (13%)

99

12

Kindai University

11 (55%)

31

13

Kwansei Gakuin University

11 (4.7 fold)

14

14

Tokyo Institute of Technology

10 (10%)

108

15

Waseda University

10 (11%)

100

16

Hiroshima University

9 (17%)

61

17

Nihon Keizai University

8 (2.6 fold)

13

18

Nagoya University

7 (6%)

116

19

University of Tokyo

6 (2%)

329

20

Okayama University

5 (16%)

37

Note: “No. of new startups in fiscal 2021” includes startups launched prior to fiscal 2020 but not learned of until the fiscal 2021 survey. Table features universities where comparisons can be made with fiscal 2020.

Source: Fiscal 2021 survey conducted by the Ministry of Economy, Trade and Industry

 

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