Menu
12/05/2009
More Universities To Benefit As HEFCE Funds £60m Of New Projects
A further £60 million of capital funding has been approved by the Higher Education Funding Council for England (HEFCE) with some projects able to start as soon as this month.
This makes up the second round of a programme to accelerate capital spending for projects in universities and colleges that have the greatest impact on economic recovery. The programme was announced in December 2008, with the first round of projects approved in February.
David Lammy said: "Following the success of the 97 projects that received funding in March, it is encouraging to see a series of new schemes that have been brought forward across the country to stimulate economic growth and benefit local economies.
"It is essential that we continue to support both universities and students during the downturn and the Government has been investing in Higher Education at record levels. We want to look to long term solutions and, in addition to today's funding announcement, we have also announced extra funds for postgraduate places, internships and work placements for new graduates."
In this round, 47 projects are being funded at 26 higher education institutions supported by £61.75 million of capital funding.
Steve Egan, Deputy Chief Executive of HEFCE, said: "Through their quick responses to the two rounds of this programme, universities and colleges have demonstrated their determination to do their part in beating the recession. The capital projects, round the country, should make a real difference to local employment and the economy."
In total over £200 million of capital funding will be brought forward through both rounds of the programme with 144 projects funded. With additional funding from HEIs' own sources, the total spending resulting from this programme comes to over £370 million.
(JM/BMcC)
This makes up the second round of a programme to accelerate capital spending for projects in universities and colleges that have the greatest impact on economic recovery. The programme was announced in December 2008, with the first round of projects approved in February.
David Lammy said: "Following the success of the 97 projects that received funding in March, it is encouraging to see a series of new schemes that have been brought forward across the country to stimulate economic growth and benefit local economies.
"It is essential that we continue to support both universities and students during the downturn and the Government has been investing in Higher Education at record levels. We want to look to long term solutions and, in addition to today's funding announcement, we have also announced extra funds for postgraduate places, internships and work placements for new graduates."
In this round, 47 projects are being funded at 26 higher education institutions supported by £61.75 million of capital funding.
Steve Egan, Deputy Chief Executive of HEFCE, said: "Through their quick responses to the two rounds of this programme, universities and colleges have demonstrated their determination to do their part in beating the recession. The capital projects, round the country, should make a real difference to local employment and the economy."
In total over £200 million of capital funding will be brought forward through both rounds of the programme with 144 projects funded. With additional funding from HEIs' own sources, the total spending resulting from this programme comes to over £370 million.
(JM/BMcC)
Related UK National News Stories
Click here for the latest headlines.
18 July 2012
Government To Underwrite £50bn Investment
The government says in an effort to lift the economy it will underwrite £50bn of investment in infrastructure and exports. The Chancellor, George Osborne, said he was using the coalition's "hard won fiscal credibility" to release private sector funds.
Government To Underwrite £50bn Investment
The government says in an effort to lift the economy it will underwrite £50bn of investment in infrastructure and exports. The Chancellor, George Osborne, said he was using the coalition's "hard won fiscal credibility" to release private sector funds.
14 June 2004
UK solar gets £2.2m grant boost
Energy Minister Stephen Timms today announced a further £2.2 million in funding awards for solar energy projects throughout the UK. Twenty-four projects were chosen for funding at a grant cost of just over £2.2 million resulting in almost 650kWp being directly funded in this round. (Kilowatt peak (kWp) is the maximum power output on a sunny day.
UK solar gets £2.2m grant boost
Energy Minister Stephen Timms today announced a further £2.2 million in funding awards for solar energy projects throughout the UK. Twenty-four projects were chosen for funding at a grant cost of just over £2.2 million resulting in almost 650kWp being directly funded in this round. (Kilowatt peak (kWp) is the maximum power output on a sunny day.
10 December 2012
Gold Heist Gang Jailed
Six members of a gang that ran a million pound gold and silver bullion heist in Belgium were jailed for more than 23 years today on Friday 8 December 2012.
Gold Heist Gang Jailed
Six members of a gang that ran a million pound gold and silver bullion heist in Belgium were jailed for more than 23 years today on Friday 8 December 2012.
-
Northern Ireland WeatherToday:A mostly cloudy start with scattered showers, the showers becoming more isolated and largely confined to the south this morning. Becoming brighter this afternoon, the best of any sunnier spells across northern counties. Northerly winds easing. Maximum temperature 12 °C.Tonight:A dry evening with late sunny spells and some long clear spells overnight. Becoming cloudier across the north towards dawn with a few showers possible. Touch of frost in south. Minimum temperature 0 °C.
