Universities can be key economic drivers in struggling areas, writes Karen Race, deputy director of academic enterprise at Teesside University. Four years ago the Tees Valley suffered a massive economic blow with the closure of the SSI steelworks plant, leading to the loss of 3,000 jobs. The shutting of the coke ovens and blast furnace meant the end of steel production at the 98-year-old Redcar works and there cannot be many examples of an area being hit so hard economically, and where the role of the town’s university has become so crucial going forward. In the aftermath, former IED Patron Lord Heseltine released a report, Tees Valley: Opportunity Unlimited, which gave the region a welcome steer on where we go next and as a university we secured a seat at the top table in planning the way forward. For example, our Pro Vice-Chancellor for Enterprise and Business Engagement Professor Jane Turner OBE … (To read the full article, subscribe below)
Deputy director of academic enterprise at Teesside University and a member of the Institute of Economic Development.
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