Cardiff University has revealed ambitious plans to boost economic growth in Wales with the creation of a new innovation-led campus.
The plans include the construction of four new research centres at former industrial space on the University’s Maindy Road site.
The proposed centres include the construction of the world‘s first Social Science Research Park; an Innovation Centre; a Translational Multidisciplinary Research Facility, and the Research Institute for Compound Semiconductor Technology.
Cardiff University’s Vice-Chancellor, Prof Colin Riordan said: “Cardiff Innovation System matches a multi-million pound investment with a vision to put innovation and entrepreneurship at the heart of our strategy.
“Working with the Welsh and UK governments, local authorities such as Cardiff Council, the NHS in Wales, business partners and civic society, Cardiff Innovation System can establish the University, the City and Wales as international leaders in innovation.
“Cardiff Innovation system will help us demonstrate the relevance of our work to the communities we serve, better connect industry, business, government and charities with our academics, and nurture student entrepreneurship and grass-roots business development.
“Promoting Wales as a capital for job and wealth creation, a source of highly skilled-graduates and a thriving centre for innovation and commercialisation, is a powerful message to send to the international community.
“Through Cardiff Innovation System we can take the strengths we have at Cardiff University and effect a change such that Wales becomes an exemplar of the knowledge economy.”
Prof Riordan also outlined how the University would develop and embed an ethos of innovation across the University.
Plans include a practitioners/innovators-in-residence programme, high-level training and skills development for postgraduate students and the development of existing enterprise education and opportunities to strengthen the culture of entrepreneurial and innovative thinking among students.
Business cases are being developed for the proposed new buildings and are subject to the approval of the University’s Council (its governing body).