Cardiff University finalises innovation campus deal
Cardiff University is pushing ahead with plans to build an innovation campus that’ll create over 60 jobs, apprenticeships and placements for the capital.
Over the past few weeks, it’s enlisted the help of a construction firm Bouygues UK Limited to turn a currently disused rail yard into a modern technology hub.
The campus is to be kitted out with cutting-edge facilities and resources to help researchers, students and industry develop and launch technology products, start-ups and social enterprises.
Not only will the construction phase generate immediate jobs, but when the campus has opened, it’ll house hundreds of academic researchers, students and university staff.
Set to be located at Maindy Park, it’ll feature two new centres. The first will be a social science research park, while the second is an innovation centre that’ll function as a creative space for start-ups and technologists.
Professor Colin Riordan, president and vice-chancellor of Cardiff University, said: “Cardiff Innovation Campus is right at the heart of our long-term commitment to building social and economic prosperity in Wales for the benefit of all.
“We are delighted to be working with Bouygues UK to create a ‘Home of Innovation’ that unlocks the power of research. CIC will create jobs, act as a crucible for ideas, and allow future generations of students with great ideas to find new ways of tackling pressing global problems.”
So far, the campus has received £17m from the UK Research Partnership Investment Fund, £13m from the Welsh European Funding Office and £12m from the Welsh Government.
Economy Secretary Ken Skates said: “We are proud to be directly supporting the Cardiff Innovation Campus. The project aligns with our Economic Action Plan, which sets out a clear whole government approach to building stronger foundations for our economy and supercharging the industries of the future.
“I am determined that Wales will exploit the emerging technologies that will be based in these state-of-the-art facilities and am confident that the Cardiff Innovation Campus will help private and public sector partnerships to flourish.”
Rob Bradley, regional managing director of Bouygues UK, added: “This is a significant development for Cardiff University, which will see us use our strong technical team to deliver a state-of-the-art project providing significant economic benefits to the University and the wider Cardiff Capital Region.
“Our commitment to the region will ensure that this project contributes to increasing local skills, development and employment in Wales.
“We will provide a minimum of 30 work placements, create over 35 new job and apprentice opportunities, and deliver in excess of 1685 training weeks. We will also facilitate placements for students studying architecture and ensure we work closely with the local community throughout the duration of the scheme.”