Uni secures funds to assist region through recession

The University has netted almost £300,000 from a fund designed to help people and businesses through the recession.

The Higher Education Funding Council for England (HEFCE) is providing £27 million of funding with the rest of the money being match funded by education institutions and partners.

Staffordshire University is planning to use the money to help graduates with employability training and support, provide higher education courses for redundant workers and employees and give businesses access to a wealth of academic research and expertise.
 
Deputy Vice-Chancellor Paul Richards said: "Staffordshire University was one of the first Universities in the country to respond to the economic downturn by stating its intention to reinvest the VAT windfall back into the community. This new announcement enables us to add to the commitment we've already made to the region through the Working Futures fund.

"We are delighted to be able to attract this extra funding to the area and we are confident that this will make a noticeable difference to the success of businesses and skills opportunities of individuals. "
Minister of State for Higher Education, David Lammy said: "Universities have demonstrated across the country that they are central to the fiscal stimulus that local communities businesses families and young people need.

"Universities are clearly showing that they can provide a lifeline in these challenging times by offering targeted short courses to adults who have lost their jobs, by connecting small businesses to graduates and university expertise, and by offering graduates the skills and opportunities to set up their own business."

Contact

Maria Scrivens
Media Relations Manager
Marketing and Public Relations
L600, Flaxman Building
College Road
Stoke-on-Trent
ST4 2DE
t: +44 (0)1782 294375
m: 07766 520339
e: m.c.scrivens@staffs.ac.uk