Economic Impact
University of Portsmouth - Working with business to create new jobs and prosperity
The University of Portsmouth has a long tradition of helping UK business succeed and in the process enabling those businesses to create new jobs, wealth and prosperity for all. During these challenging economic times Portsmouth has used its research expertise and knowledge to help the business community to respond positively to opportunities and chart a path to growth.
The University takes this role very seriously and has made changes that enable it to respond to the needs of the business community. It created as a one-stop shop for business services from the University, making it easy for business to gain access to the best that the University has to offer. Whether it's our research expertise, the knowledge and knowhow of our staff, or a graduate who will add real value to their business, Purple Door makes it happen.
In the last twelve months the University worked with over 600 businesses of all sizes including large blue chip companies right through to start-up companies. We worked with business on collaborative research projects worth over £4.2million and in the process helped business create over 200 new jobs. The University is increasingly seen by business as their preferred supplier for outsourced research and development.
Our world-class facilities and labs were also used extensively by business customers over the past twelve months. We helped test, develop prototypes and build new solutions, and we are doing more of this type of work as business confidence returns. We also provided employers with over £7.5million worth of professional development courses, ensuring that the workforce is equipped to meet the needs of the future.
The University has a strong track record in the delivery of Knowledge Transfer Partnerships, working with business to win over £4.1 million funding in recent years and in the process picking up a national award in 2010 from the Technology Strategy Board for the Best KTP in the South East of England.
Portsmouth is committed to giving our graduates the important employability skills that business demands. Our Department of Employability offers a specialist in-house recruitment team that works with employers to give our students valuable work experience and volunteering opportunities as well as placing our graduates into jobs, particularly with small to mediums sized companies.
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Key facts |
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Collaborative research projects worth over 4.2m have helped business create over 200 new jobs |
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We've delivered £7.5m worth of professional development courses to employers, ensuring that the workforce is equipped to meet the needs of the future |
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Knowledge Transfer Partnerships have enabled business to win over £4.5m funding in recent years |
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Over £1.3m of new funding has been secured since 2006 to back a broad range of business, community and third sector partners to support enterprise led regeneration; demonstrating our commitment to the renaissance of Portsmouth and the wider region |
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400+ small and medium sized companies have benefitted from our business advice and support over the past twelve months |
Since 2006, the team has assisted over 1000 students and graduates into a range of roles and is currently delivering an internship programme aimed specifically at helping our graduates work with growth business in our city and region.
The University is committed to the renaissance of Portsmouth and the wider region and has worked with a broad range of business, community and third sector partners to support enterprise led regeneration securing over £1.3m of new funding since 2006 for this purpose. The University works with Business Link, the Federation of Small Businesses and the CBI to deliver a range of Business Breakfast briefings and other events aimed at helping business get the best of what the University has to offer. Over the past twelve months the University has offered business advice and support to over 400 small and medium sized companies.
Sources: HEBCI Survey (as submitted 2007-2008 return), Maximizer CRM system (R&KTS), Internal KTP tracking audit (R&KTS), figures provided by Purple Door Recruitment.
