Finances
Economic impact - key facts
- Income - £788m;
- Estate - 347 buildings, 711 acres;
- Annual financial impact on region - £1.4 billion;
- Jobs supported - 15,500;
- More than 100 active spin-out companies occupying 180,000 square feet of incubator space have been created by the University;
- The University has embarked on the largest programme of capital investment ever undertaken in UK higher education with more than £400 million worth of state-of-the-art buildings, major refurbishments and public works. A further £250m investment by 2015 will take the overall spend to more than £650m.
Breakdown of external research funding 2009/10:
- Higher Education Funding Council for England (HEFCE) grants - £83m
- UK Research Councils - £75.6m
- UK charities - £43.8m
- Government departments - £39.5m
- UK industry and commerce - £14.1m
- Overseas - £20.5m
- Other sources - £1.1m
Total - £277.6m
Research funding
Total research expenditure at the University has grown by around 31% from £308m in 2004/5 to 405m in 2008/9.
The quality, breadth and volume of research activity at the University is unparalleled in the UK and we receive among the highest number of research council grants of any UK university.
Major projects
New developments include:
- Alan Turing building (Mathematics, Physics and Photon Science)
- Arthur Lewis building (Environment and Development and Social Sciences)
- A V Hill building (Life Sciences)
- Chemistry building
- Core Technology Facility (Life Sciences and incubator space)
- Electro-acoustic studios
- John Rylands Library, Deansgate (extension and restoration)
- John Rylands University Library (ground floor refurbishment)
- Manchester Interdisciplinary Biocentre
- Mansfield Cooper lecture theatres (refurbishment)
- Michael Smith building (Life Sciences)
- Multi-storey car park
- Public realm improvements (around University Place, Arthur Lewis building)
- University Place (Student Services, Visitors’ Centre, Nursing, Health Sciences and conference facilities)
Ongoing works include:
- Student Learning Commons (demolition and new build)
- Chemical Engineering and Analytical Sciences (new build)
- Dover Street building (new wing refurbishment for School of Optometry)
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