Reporter 444, 6 December 1999
The University has received over £1m in funding from the Higher Education Funding Council for England (HEFCE) to help it strengthen links with business.
The £1.1m allocation from the Reach-Out fund will support the business-orientated ‘third-arm’ of University activity. Under the four-year programme, specialists from industry will be recruited to help bridge the academic/business divide.
Stronger links with industry will also see more vocational placements for students, with the resulting knock-on benefits for staff mentoring them. The University's unique Virtual Science Park facility will also be developed further under the scheme, extending the support it offers to business. It will also support accelerated development and expansion of the University’s new Institute for Corporate Learning. "We now have a superb platform for rapid implementation of the University’s third arm strategy," said Professor Jim Lynch, who co-ordinated the bid.
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