EMCC European Monitoring Centre on Change

Combined Universities in Cornwall

Company/Organisation:
Combined Universities in Cornwall

Geographic Location

Country: United Kingdom
Region: Cornwall and Isles of Scilly; South West

Company

Sector: Education
Education
85.4 - Higher education

Employment Effects

Announcement Date: 24-03-2005
Type of Restructuring: Business expansion
Foreseen End Date: 31-12-2011
Planned Job Creation: 2000

Additional Information

The government is promising millions of pounds of extra funding for Combined Universities in Cornwall (CUC). The estimated £21 million will be used to create new higher education facilities at campuses across Cornwall. The cash will match European grant aid, resulting in a total of £55 milion for the expansion of the Falmouth-based CUC. The government hopes that expansion of the CUC will lead to more than 2,000 extra jobs in Cornwall by 2025. The extra money will lead to the creation of about 2,400 student places by 2010, with a total of more than 7,300.