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Keele University to invest in a new management school

The institution has announced plans for a multi-million pound state-of-the-art facility to house Keele Management School and a Smart Innovation Hub

Posted by Julian Owen | February 02, 2018 | Bricks & mortar

A new Management School has been funded by Keele University and the Denise Coates Foundation, after which the new building at the entrance to the University will be named. A Smart Innovation Hub has been funded by the University, Staffordshire County Council, UK Government Growth Deal Funding and the European Regional Development Fund.

University and Denise Coates Foundation funds will be used to create teaching and learning facilities for staff and students. Students and staff will also have the opportunity to work collaboratively with entrepreneurs and business owners in the new Smart Innovation Hub, designed to support the creation and growth of new innovation-led businesses. The environment also aims to stimulate a more collaborative approach to business and management research.

The investment in the Management School will underpin a planned substantial growth in student numbers over the next five years, and “play a key role enabling the University to continue its commitment to widening participation in higher education for people locally, a key priority of the funding from the Denise Coates Foundation”.

By 2021, as a result of the new Smart Innovation Hub facilities, the University expects to grow its established programme of business support - accessed via its dedicated Business Gateway - by an additional 300 business collaborations, leading to the creation of at least 80 new high value jobs. An independent appraisal has signalled that investment in facilities and the programme of business-collaboration will contribute an additional £50 million to the local economy by 2033.

'The investment in the Management School will underpin a planned substantial growth in student numbers over the next five years.'

Speaking about the new investment, Professor Trevor McMillan, Keele University Vice-Chancellor, said: “This new investment will ensure that we continue to provide a sector-leading student experience, via the provision of state-of-the-art facilities for learning and teaching, made possible by our own investment in the new building and that which we are delighted to have received from the Denise Coates Foundation.

“We have also been working hard over the last three years to realise this collaborative opportunity with our local civic partners, including Staffordshire County Council and the Local Enterprise Partnership, and I’m delighted we are now in a position to begin construction.

“The University was founded nearly 70 years ago and this latest announcement highlights the continuing role the University has and must play in strengthening the social, civic, cultural and economic renaissance of the area.”

Denise Coates, Denise Coates Foundation trustee, commented: “The Foundation’s trustees are excited by the prospect of the University having a state-of-the-art Management School and are delighted that the Foundation could be a part of this prestigious project that will ultimately deliver a world-class learning environment.

“For several years the Denise Coates Foundation has funded a bursary scheme at the University. Targeting disadvantaged undergraduates from the Stoke-on-Trent area, the programme has so far provided funding to support hundreds of the University’s students. This commitment to the Management School will take the existing relationship between the Foundation, the University and the students to a new level.”

The new building has been designed by RIBA award-winning and Sterling Prize-nominated architects BDP. In keeping with Keele University’s green ethos, the facility has been planned with a focus on sustainability, resulting in a BREEAM ‘Excellent’ rating. Construction is expected to commence this month, with completion set for Spring 2019.

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