SwanseaUniversity attracted over £45m in public and private sector funding for collaborative research with industry in 2005/06, the highest of any university in the UK.
The University’s success was unveiled in the Higher Education-Business and Community Interaction (HE-BCI) survey report, published by the Higher Education Funding Council for England. It measures the value of public and business funding that universities attract from industry.
The report’s key finding shows that the higher education institutions are strengthening and growing links with industry, leading to more effective exploitation of commercial research and intellectual property and highlighting the fundamental role that higher education plays in the country’s economy.
The figures put Swansea ahead of Cambridge at £38m and Manchester, third in the UK at £33m. Vice-Chancellor Professor Richard Davies said that Swansea’s collaborations with companies such as Rolls-Royce, Corus, Laing O’Rourke, BAE Systems, British Aerospace, IBM, Motorola, and Sony put its research on a world-class footing.
The University is home to the Alliance Boots Centre for Innovation, recently established in the £50m Institute of Life Science (ILS). Links with IBM have ensured that the ILS benefits from one of Europe’s most powerful supercomputers dedicated to Life Science research, the IBM Blue C.
SwanseaUniversity has also worked closely with the Welsh Assembly Government to develop the Technium network in the region. Technium is intended to bridge between university research and a range of businesses in the community.
Swansea will open an Institute for Advanced Telecommunications (IAT) soon, and it has already established effective links with a number of major companies.