Date: 6th March 2018
Staffordshire University awarded £8m grant from HEFCE Catalyst Fund and new engineering-focussed university, NMiTE secures £15m from Central Government.
Regeneris has been working closely with universities across England to help them access funding for major projects. We are very pleased to see recent announcements for two such projects whose business cases we developed.
Staffordshire University has been awarded £8 million in funding from HEFCE’s Catalyst Fund for its Digital Apprenticeships and Skills Hub. The hub will be a new, state of the art facility based at the Stoke-on-Trent campus and delivered in partnership with Microsoft. A core focus will be to grow the number of digital apprentices in Staffordshire and the wider region; delivering over 6,500 new apprenticeships over the next decade. The hub, which is due to open in 2020, will also act as a one-stop shop for employers who want to access support on apprenticeships.
Regeneris worked with the university to support them in developing both the initial Expression of Interest and the full funding application.
New Model in Technology and Engineering (NMiTE)
The government recently announced that the new engineering-focussed university in Hereford has been awarded £15 million in government funding. NMiTE, the first purpose-built university in over 40 years, will be based at a new campus in Hereford City Centre. It will offer accelerated degrees, aimed at addressing the need for engineering skills in diverse sectors such as advanced manufacturing, bio-medical and cyber with the first cohort of students expected in 2020. The £15 million injection from central government complements the funding already gained from The Marches LEP, and will be used to fund the institutional set-up costs.
Regeneris led the development of the full business case to government, including the strategic rationale, economic impact and financial models.
Regeneris are experts in developing business cases and funding bids using HM Treasury’s Five Case Model and Green Book techniques. To find out more, please contact Tim Fanning.
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