Plans for a new hub which aims to support businesses in Buckinghamshire have been given a boost, thanks to a business group pledging to invest £1.3 million.
Buckinghamshire Thames Valley Local Enterprise Partnership (BTVLEP) are set to invest in the hub which will act as a centre for start-up businesses in the digital sector.
The development will include a business service in order to meet graduate level skills gaps, as well as world-class facilities to support businesses and inspire young people to take up careers in STEM (science, technology, engineering, and mathematics) subjects.
It is hoped that the hub will ensure there is a high level of business-to-business interaction and access to higher skills development, both of which will help retain expertise and attract talent to the area.
Andrew M. Smith, Chair of Bucks Thames Valley Local Enterprise Partnership, said: “We are delighted to be funding this key project to create an exciting hub where business and education can interact and which meet BTVLEP and regional skills priorities in design and technology.”
Leading location for start-ups
The University Campus Aylesbury Vale’s (UCAV) Digital Innovation Hub will eventually be the region’s leading location for start-ups, due to the facilities and support on offer.
Ian Harper, Chief Executive of University Campus Aylesbury Vale, said: “We are grateful to Buckinghamshire Thames Valley Local Enterprise Partnership for their support of the project and delighted that they are excited by our plans to support new businesses, apprentices and undergraduates in our Aylesbury campus.”
The centre will also be used to showcase work and courses offered at UCAV, especially in courses where there is a need for more skilled workers, such as engineering and technology.
UCAV provides degree-level courses and currently has more than 300 students studying for foundation degrees in subjects including computing and business management.
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