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.
Sources:
24-03-2005BBC News
Sources Links:
http://news.bbc.co.uk