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Annual Report July 2002 - August 2003

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2002/2003
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Third Mission

Third Mission, or knowledge transfer, is of growing importance to the University and connects us positively with business, industry and the wider community. Increasingly, our practical focus on 'Making Knowledge Work' is paying dividends for the University and its many communities, with the University playing a pivotal role in a range of initiatives designed to forge links, foster partnerships and deliver real social and economic benefits to the citizens of Bradford and beyond.

The Third Mission Associate team (Business Associates), recruited in 2001/2002, has led to increased consultancy sales, contract research and engagement in technology transfer programmes such as Knowledge Transfer Partnerships (formerly Teaching Company Scheme).

The IPI.The University has continued to work closely with the Regional Development Agency, Yorkshire Forward, and other partners to secure substantial investment that will strategically enhance the University's capacity to work with companies and contribute to the regional economy. £6m in funding was secured for the Institute of Pharmaceutical Innovation (IPI) including £1.13m from project allocation funds (HEFCE), £2m from Yorkshire Forward, £2.63m from the Science Research Investment Fund (SRIF) and £280,000 from other funds. The facility offers state-of-the-art facilities to sustain biochemical, pharmaceutical and chemical research in addition to establishing a business incubator facility for emerging bioscience companies.

In addition, £660,000 was secured to create the region's Centre for Industrial Collaboration (CIC) in polymer engineering, linking world-class research expertise and equipment with companies of all sizes in the Region and nationally, and £400,000 was obtained to purchase motion capture equipment identical to that used in the latest Star Wars films as part of the innovative Simula project.

Think Business logo.A new initiative, 'ThinkBusiness@Bradford' was launched to encourage students and graduates to develop their enterprise skills and start up their own businesses. Over the course of the next three years 'ThinkBusiness@Bradford' will make enterprise learning opportunities available to all Bradford students, build a new business incubator for up to 10 trading companies and create at least 35 new businesses working, trading and creating new opportunities and wealth in Bradford.

26 April 2004

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