Skip navigation

Gloucestershire Business News

MP calls for university to develop ‘conveyor belt of local talent’

Cheltenham MP Alex Chalk has pressed the Chancellor of the Exchequer to outline how a government initiative (University Enterprise Zones) can support Cheltenham's future cyber park.

In response, Phillip Hammond MP confirmed that the University of Gloucestershire will be able to access a £5 million pot of government funding 'to develop locally led proposals to build on strengths like cyber-security, technology and engineering'.

Alex Chalk raised the issue during Parliamentary Questions to the Treasury last week. He asked the Chancellor: "Cheltenham's government-backed future cyber park will deliver jobs and opportunities for local people. What role will the government's university enterprise zones play in ensuring that this project is backed to its full potential?"

The Chancellor responded: "I welcome the work that is going on in Cheltenham to build on the magnetic effect of GCHQ and to attract innovative cyber-based firms to the area. In autumn Budget 2018, I announced £5 million to support proposals for University Enterprise Zones, which will encourage collaboration between universities and businesses, promote knowledge and skills exchange, and deliver a boost to local productivity. The funding will allow excellent institutions such as the University of Gloucestershire to develop locally led proposals to build on strengths like cyber-security, technology and engineering."

Alex Chalk said: "The government has already committed £23 million to develop my vision for Cheltenham as an 'internationally recognised centre of cyber security excellence'. This will put our town at the heart of the country's £20 billion a year cyber-economy. It'll be a huge boost for local jobs and investment.

"I want to ensure that the University of Gloucestershire is fully involved. This is a great opportunity to build a conveyor belt of local talent for the UK's cyber economy. It is likely to be one of the fastest growing sectors in the world and I want Cheltenham's young people to be at the front of the queue."

Subscribe to Punchline

Related Articles

Debenhams in Gloucester escapes the chop - for now Image

Debenhams in Gloucester escapes the chop - for now

The High Street giant has named the first 22 stores it plans to close after entering into a CVA.

ISD Solutions starts work on Scottish distribution centre for Farmfoods Image

ISD Solutions starts work on Scottish distribution centre for Farmfoods

Gloucester-based cold store, firewall, cladding and single envelope specialist ISD Solutions has started work on a major project, creating a distribution centre in Scotland for Farmfoods.

Key appointment made at Cheltenham wealth management firm Image

Key appointment made at Cheltenham wealth management firm

There has been a key appointment to the Cheltenham-based team of leading wealth management company Brewin Dolphin.

Gloucestershire UKIP hierarchy resign in protest and join Nigel Farage's Brexit Party Image

Gloucestershire UKIP hierarchy resign in protest and join Nigel Farage's Brexit Party

Six county chairman resign over controversial appointment of Carl Benjamin as a candidate in the European elections.

Copyright 2019 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.