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Higher education and the local economy

28 April 2017      Cheryl Pick, Projects and Engagement Manager

Across the country institutions from the public, health and higher education sectors have built effective partnerships which are fundamental to the success of their local economies. Many of these partnerships are making good use of investment finance from a wide range of sources, recognising the increasing fiscal constraints of national public finances. However, the structure of investment finance is now changing with an increased focus on local economic partnerships and performance. These trends require institutions to think differently and engage with external stakeholders in new ways.


The purpose of the Local Growth Academy is to support universities, local and combined authorities and healthcare providers in navigating this fast-evolving environment, and to build operational capacity in order to maximise their contribution to and involvement in local developments. Benefits will include:


•          An increase in the number and value of projects which attract new forms of investment finance

•          Building the individual and collective capacities of healthcare providers to act as more sophisticated clients when developing large-scale collaborative projects

•          Strengthening and sustaining collaborative capacity across different institutions

•          Sharing innovation and best practice


Find out more at: www.hefce.ac.uk/localgrowth/lga.



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