University recognized for collaboration to drive economic growth and entrepreneurship across the region

Posted date: 12 Jun 2021

Birmingham City University has been recognised for its contribution to growth, regeneration and entrepreneurship in its home city by a new government-backed standard.

The University has been named as one of the top institutions in the country for its work with enterprise, contribution to skills, and support for local growth and regeneration in the newly launched Knowledge Exchange Framework (KEF), which charts how universities work in partnership with business and communities.

Published by UK Research and Innovation, the KEF has been created to examine how universities serve the economy and society for the benefit of the public, business and communities, as well as to support improved access to their knowledge and expertise.

The results of the inaugural KEF published today (March 31) showed Birmingham City University ranked among the country’s leading institutions in the categories of:

* Skills, Enterprise and Entrepreneurship (top 20 per cent of all universities)

* Working with Businesses (top 30 per cent of all universities)

* Local Growth and Regeneration (top 30 per cent of all universities)

KEF places similar universities into groups based on factors like their size, specialisation and research profile, with Birmingham City University performing strongly in these categories not just in its group, but across the entire sector.

The results demonstrate the contribution the University is making to its city in supporting the development of much-needed skills for employment, supporting innovation with existing businesses and start-ups and providing expert research and advice for key businesses and sectors.

Key University initiatives that were used to demonstrate impact under the KEF included the STEAMhouse project, which brings together artists, academics and industry to collaborate on new ideas, skills, products and services to both underpin economic growth, and drive the innovation capacity of the region.

Since its launch in May 2018 STEAMhouse has supported more than 600 businesses, launched a new incubation centre for business collaboration, and is currently investing £70m in the regeneration of a historic Birmingham building to host a new innovation campus.

Birmingham City University’s mission to be the University for Birmingham and the region, reflects its ongoing role as a civic university, with community at the core of its ambition and which draws large numbers of its students from the city and wider region. This place-based outlook is demonstrated through:

* It’s diverse and inclusive student body, of which 66 per cent are drawn from Birmingham and the wider West Midlands

* Providing assistance for 1,598 regional businesses to start, grow or innovate since 2017/18

* Contributing nearly £400m to the West Midlands’ GDP (£532m nationally)

* Supporting 5,100 jobs in the West Midlands region (7,060 nationally)

Professor Julian Beer, Deputy Vice-Chancellor at Birmingham City University, said: “Universities have a responsibility to serve the communities they are in, and as a university that prides itself on the contribution we make to our city, it is extremely pleasing to see this ethos reflected in the Knowledge Exchange Framework.

Reference Link: https://www.bcu.ac.uk/news-events/news/university-recognised-for-collaboration-to-drive-economic-growth-and-entrepreneurship-across-the-region

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GSP Admin