Menu

UCLan worth £250 million to North West economy

Posted on - 11th October, 2009 - 4:36pm | Author - | Posted in - Business, Opinion

University of Central Lancashire Media FactoryThe University of Central Lancashire (UCLan) indirectly contributed £250 million to the North West’s economy according to new research.

The Preston-based university has supported £6.47 million in regeneration projects throughout the North West. The exact figures for its impact to Preston is not known but it is certainly a large amount.

Regeneration projects include graduate retention and entrepreneurship programmes, design and web services, advanced manufacturing support, biomechanical testing, and waste management and crime reduction schemes.

The data was collected as part of the Higher Education Business and Community Interaction Survey.

Bede Mullen, director of knowledge transfer at UCLan said:

These figures demonstrate how competitive the university is both regionally and nationally and the key role it plays in stimulating the region’s regeneration.

With our ERDF (European Regional Development Fund) funding alone, we’ve advised 1,248 small businesses in the last two years, which has directly generated 772 new jobs, safeguarded a further 1,302 and boosted combined sales by an estimated £52m.

Image credit to Amy Ferguson.

Share
Preston in pictures Sentinel Shunter Ribble Rail Sentinel 33027 Jim MartinThe Old Taxi Rank, Preston Bus StationPreston Market at night.Preston Bus StationPreston Bus StationPreston - former Martins Bank, 181 Friargate 241019 2 View more
Advertisement
Subscribe to the newsletter

Sign up below to receive Blog Preston's email newsletter. It wings its way into inboxes every Sunday and Wednesday rounding up our top stories and more.

Advertisement
News by location

Find news by location, select an area of your choice to be kept up to date with the latest goings on.

The Preston Guide

Discover local businesses and services near you.

Advertisement
Categories

Find news by category, select an category of your choice to be kept up to date with the latest goings on.

Blog Preston email updates

Receive our digest of the biggest and best stories every Sunday to your email inbox

We respect your privacy and you can unsubscribe at any time from our emails