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InfoLab21 Benefits Local Economic Growth
Steve Riches, Director of the KBC
The Lancaster Guardian has described how the development of the University's business focussed centres such as InfoLab21 and LEC have "brought a wealth of employment and economic benefits" to the area.
Steve Riches, Director of the Knowledge Business Centre (KBC) at InfoLab21 is proud of the way the KBC has integrated with Lancaster's business community. He said; "We are trying to encourage inward investment and improve graduate retention."
This is being done through a variety of ways including the Graduate Academy, business incubation facilities, ICT Cluster Groups, networking events and knowledge transfer between businesses and researchers.
The Lancaster Guardian stated that the importance of the expanding University to the area must not be under-estimated.
"Businesses wishing to move to Lancaster can benefit from facilities and researchers based at InfoLab21 and the Lancaster Environment Centre (LEC).
The developments have brought many new businesses into the district, which in turn has boosted the economy and helped retain graduates in the city."
Dr.Mark Bacon, director of Enterprise and Businesses Partnerships at the Lancaster Environment Centre, said "We are capitalising on our expertise here to bring a commercial community to Lancaster."
Talking about further developments for the University, Estates director Mark Swindlehurst said: "We have got a 40-year-old estate that we have got to rejuvenate. We have also recently bought 65 acres of new land around the campus which will be redeveloped.
"We have spent £200-250 million in the last four years on campus developments, and there is a lot more to come.
"We want to help keep graduates in Lancaster, put wealth back into the local economy. and create jobs for local people."
Thu 13 December 2007
Latest News
Unborn babies 'practise' facial expressions in the womb
Researchers from Durham and Lancaster Universities suggest that a foetus's ability to show a "pain" facial expression is a developmental process which could potentially give doctors another index of the health of a foetus.
Story supplied by LU Press Office
Mon 17 June 2013
Lancaster leads the way in cyber security bursary scheme
Lancaster is one of four UK universities selected to take part in an 'industry first' sponsorship initiative encouraging students to take up Masters-level cyber security degrees.
Story supplied by LU Press Office
Mon 10 June 2013
Physicists gain insight into the UK's biggest killer
Cardiovascular disease is the leading cause of death in the UK, accounting for a third of all fatalities through illnesses such as stroke and heart disease.
Story supplied by LU Press Office
Wed 29 May 2013
Engineering students make finals of national start-up business competition
Engineering students Scott Nash, Daniel Richardson and Aaron Aboshio have won the northern heat of the Youth Entrepreneurs Scheme 'Engineering YES' competition for their spin-out renewable energy company Atlantis.
Thu 23 May 2013