20 | FOREVER Keele
Keele contributes around half a billion to West Midlands each year
A new report has revealed that Keele University contributes around half a billion pounds each year to the West Midlands economy , with nearly three quarters of this (£ 345m ) in the Stoke-on-Trent and Staffordshire local enterprise area .
A significant proportion of this economic impact is in Newcastle-under-Lyme and the City of Stoke-on-Trent and is generated through both direct employment and wider activities such as the high value businesses based on the University ’ s integrated Science and Innovation Park .
The report also identifies that the University supports the equivalent of almost 5,500 jobs in Stoke-on-Trent and Staffordshire , rising to over 7,000 in the wider region .
Professor Trevor McMillan OBE , Vice-Chancellor of Keele University , said : “ Keele has been making a positive impact on Newcastle-under-Lyme and Stoke-on-Trent – and across Staffordshire – for almost 75 years now , and this latest report shows how we ’ re powering the region more than ever before : contributing around half a billion pounds to the West Midlands economy each year , supporting local businesses , and creating jobs .
“ Seeing the impact that our University has on the hundreds of local businesses that we support is enormously rewarding , and with over 1,000 of our colleagues living locally – and with hundreds of our medical professionals working in local hospitals and healthcare settings – I couldn ’ t be more proud of the central role that Keele plays in the area and of the positive impact that our University has on local people , and in making our region a great place to live and work .”
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