The contribution of higher education
Universities contribute more than £3 billion a year to the Welsh economy. On top of their traditional education role they have an important economic and social function.
Communities benefit from university amenities like arts and sports centres, museums and botanical gardens. Businesses can tap into the technology and expertise of their local university and employers have a source of skilled workers. Many universities help to promote Welsh language and culture, and contribute to cultural and racial diversity.
In order to support businesses, all universities in Wales have a nominated industrial liaison officer to act as a dedicated point of contact for businesses:
Universities and colleges in Wales can provide businesses of all sizes with access to the expertise, skills and facilities they need to enhance their competitive edge. The Expertise Wales web portal has been developed to help business, to easily identify and access the support their business need.
Wales IP is the website for the Intellectual Property Collaboration Project, a partnership between Aberystwyth, Bangor, Cardiff, South Wales and Swansea Universities.
This website is designed for investors or companies looking for commercial applications, and acts as a gateway to 95% of Wales’s university research. Users can search, find information and make enquiries about new technologies arising from the expertise of these institutions.