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New enterprise campus in Aberystwyth | New enterprise campus in Aberystwyth |
(about 5 hours later) | |
Aberystwyth University is to build a new £40m innovation and enterprise centre, it has confirmed. | |
The centre will allow research into food, nutrition and energy security, renewable energies and biotechnologies. | The centre will allow research into food, nutrition and energy security, renewable energies and biotechnologies. |
The university has had a £20m European Union investment confirmed by the Welsh government, allowing the project to go ahead. | |
The campus will be built next to the IBERS institute on its current Gogerddan site. | |
It aims to attract further research funding so companies and researchers can carry out collaborative research projects to generate new products, services and spin-out companies in fields such as sustainable food, health and biotechnologies. | It aims to attract further research funding so companies and researchers can carry out collaborative research projects to generate new products, services and spin-out companies in fields such as sustainable food, health and biotechnologies. |
Professor April McMahon, the university's vice-chancellor, said the Welsh government's finance minister Jane Hutt would visit on Monday to announce the £20m funding from Europe. | Professor April McMahon, the university's vice-chancellor, said the Welsh government's finance minister Jane Hutt would visit on Monday to announce the £20m funding from Europe. |
The building is expected to open in 2018, and Prof McMahon said it would support around 108 jobs once it was fully operational. | The building is expected to open in 2018, and Prof McMahon said it would support around 108 jobs once it was fully operational. |
"It feels a bit like Christmas came early," she told BBC Radio Wales. | "It feels a bit like Christmas came early," she told BBC Radio Wales. |
The university has had to respond to student concerns over standards after it slipped quite significantly down the university ranking tables from 49th in 2011 to 88th. | The university has had to respond to student concerns over standards after it slipped quite significantly down the university ranking tables from 49th in 2011 to 88th. |
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