Some local economies are increasingly left behind. Doing nothing about it is not an option.
Almost 140 universities, colleges, local councils and NHS bodies have started work as part of the new Local Growth Academy – a unique programme designed to build stronger collaboration at the local level.
The current European Structural and Investment Funds (ESIF) have proven invaluable for many universities, but these important monies are likely to end when we leave the European Union.
As new investment opportunities arise, universities will need to confront some key decisions.
HEFCE has just completed, with its national partners, the first set of packed-out workshops about ‘New Forms of Funding’. Seven new general trends have emerged.
The forthcoming Industrial Strategy may well include a new emphasis on the importance of place. But what challenges need to be overcome in this new approach?
Universities may be taking their eye off the devolution ball as attention turns quickly to the wider and more direct changes in the market and structure of higher education. But devolution is also an ongoing process. Universities will need to stay alert if they are not to be caught offside by their peers.
New student housing puts students at the centre of the complex relationships of ‘intangible knowledge’ that underpin the Northern Powerhouse.
New risk-based forms of finance need different types of project proposals featuring more robust design and development work.
Implementation of devolution deals need collaborative leadership at the local level. Universities are important anchor institutions well-placed to contribute.