1st December 1999
UNIVERSITY WINS CASH TO BOOST BUSINESS LINKS
The University of Lincolnshire & Humberside has been awarded a grant of over half a million pounds to strengthen partnerships with business in Lincoln and Hull.
The Higher Education Reach Out to Business and the Community (HEROBIC) Fund is a HEFCE (Higher Education Funding Council for England) project jointly funded by the Department for Education and Employment and the Department of Trade and Industry.
This week 85 universities and higher education colleges were successful in bidding for funds totalling £60 million to promote links between business and higher education institutions.
The University of Lincolnshire & Humberside has secured a grant of £550,000 over the next four years.
“We are delighted to have been awarded this Reach Out to Business grant,” commented the university’s Deputy Vice Chancellor, Professor Keith Bardon.
“These funds will help to add capacity to the university’s reach-out infrastructure in both Lincolnshire and East Yorkshire and will allow us to build upon the growing success of existing business development activities in the region.”
Baroness Blackstone, the Education and Employment Minister, and Lord Sainsbury, Minister for Science and Innovation, both welcomed the grants, all of which have been awarded to institutions which put forward their own ideas on how to strengthen partnerships between the business and the academic worlds.
“Higher education has a crucial role to play in shaping and sustaining a vibrant knowledge base and in creating the type of enterprising, highly skilled workforce that businesses need in order to compete in world markets,” said Baroness Blackstone.
“We are delighted that HEFCE’s invitation to apply for Reach Out funding drew such a positive response.”
The first-round projects will continue into 2003 with a second round of applications to be invited in January 2000.
For more information contact: Jez Ashberry, Press and Media Relations Manager
University of Lincolnshire & Humberside (tel: 01522 886042)