£20 MILLION GOVERNMENT FUNDING BOOST FOR CITY
A joint bid, submitted by Peterborough City Council, will receive £20million from the Government’s Levelling Up Fund, providing a huge boost to the development of ARU Peterborough, a project that will improve skills and opportunities in a city known as a higher education “cold spot”.
The money will be invested in combining additional teaching facilities at the campus with the development of new cultural facilities. At the centre of the development is a new landmark cultural asset called The Living Lab, which will be located within a second ARU Peterborough teaching building.
The new teaching building will provide STEM (science, technology, engineering and mathematics) education to thousands of students, helping to produce a higher-skilled workforce for the city to help generate high quality economic growth and attract cutting-edge industry.
