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Keele University agrees partnership to create 700 jobs by 2023

Published: Sunday, 29 January 2017   Category: All Graduate Jobs News

A deal worth £70 million has been agreed between Keele University, councils and businesses to create 700 high value jobs over the next six years.

The new agreement will the see the university work alongside Staffordshire County Council and other partners to instigate growth in the area.

A range of schemes in areas such as green technology, healthcare research and business innovation will receive funding through the scheme, creating jobs across a variety of sectors.

The partnership will receive up to £36 million of funding from the EU, £17 million from the university, £8 million from the Government and £2 million from the county council, with the rest coming from the private sector.

By providing businesses with the support need to grow, it is hoped that the partnership will generate £210 million for the local economy.

One project set to benefit is the Keele Research and Innovation Support Programme, which will provide resources and academic expertise to help businesses develop new products or services.

The project will receive £10.5 million, partly funded by the European Regional Development Fund, and will aim to create 90 jobs and provide support to 460 firms.

Competitive advantage for organisations

Professor Trevor McMillan, Vice Chancellor at Keele University, said: “By utilising the university's world-leading research, and drawing on the expertise offered by its skilled professionals and academics, the deal will help create a competitive advantage for local organisations by improving their products, services and businesses processes, ultimately leading to increased prosperity for the area.”

As the university helps companies to innovate and improve productivity, more graduate job prospects will be created across a number of industries.

In total, it is hoped that the partnership will be able to help more than 600 businesses to innovate, 250 companies to save energy or create green energy products, and 140 medical firms to work with academics and the NHS, by 2023.

For graduate jobs across a range of industries, visit Grad Plus today

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