The grant will help fund the delivery of a radical knowledge transfer strategy at 海角直播, covering a range of services to new and established businesses in Tees Valley and the region, from support for graduate start-ups to specialist help for business in areas such as nanotechnology and environmental technologies. It will also cover collaborative activity with the other NE universities, including a Digital Knowledge centre of excellence led by 海角直播, joint consultancy activity through the regional Knowledge House programme, and work with Sunderland university on automotive engineering technologies.
Applications for funding made by HEIs were assessed in May this year by a senior Advisory Board chaired by the Director General of Research Councils Sir Keith O鈥橬ions, and supported by the Chief Executive of the Higher Education Funding Council for England (HEFCE) Sir Howard Newby.
Professor Mike Smith, Deputy Vice Chancellor for Research & Enterprise at the University, said: 鈥淚 am delighted that the University鈥檚 track record and strategy for engaging with business and the wider community have been so strongly endorsed by the Funding Council. We will be using this award 鈥� one of the largest available 鈥� to bring about a step-change in our business strategy, with a particular focus on commercial development from research and innovation. Our role in leading the Digital Knowledge Exchange, with Sunderland as our partner, will be critical in developing new digital media business opportunities in Tees Valley and the wider region.鈥�