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THE: Hub aims to make business links pay off

The Council for Industry and Higher Education has announced plans to launch a National Centre for Universities and Business to strengthen links between the two sectors with the aim of driving economic growth.

Libby Hackett, director of the University Alliance of business-focused institutions, said she was “genuinely excited” about what the new centre could achieve.

She also stressed the amount of expertise already existing in the area of university
business relations.

“What the new CIHE centre needs to avoid doing is recreating the wheel or to be just another talking shop for ideas,” she said.

“The way it is funded will play a critical role in this. Public funding cannot be the only source; [the centre] must seek more innovative funding models that engage its partners from universities and business,” she added.

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