Half a billion in investments for Campus Groningen

Half a billion in investments for Campus Groningen

A half-billion investment plan is supposed to make Campus Groningen into what might just be the biggest academic campus in the Netherlands over the next five years.
2 September om 10:48 uur.
Laatst gewijzigd op 22 November 2020
om 16:21 uur.
September 2 at 10:48 AM.
Last modified on November 22, 2020
at 16:21 PM.
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Door Giulia Fabrizi

2 September om 10:48 uur.
Laatst gewijzigd op 22 November 2020
om 16:21 uur.
Avatar photo

By Giulia Fabrizi

September 2 at 10:48 AM.
Last modified on November 22, 2020
at 16:21 PM.
Avatar photo

Giulia Fabrizi

Nieuwscoördinator Volledig bio » News coordinator Full bio »

The investment plan is called the Campus Community Fund and was presented at the Forum Groningen. There, investment agency NOM and the Rabobank signed the agreement, making them responsible for collecting a large part of the necessary investments. 

The plan budgets 500 million for various investments: 250 million for real estate and infrastructure, 75 million for physical, multifunctional facilities and services, and 175 million for business operations like start-up and scale-up capital. 

Most of the money will have to come from private investments, with the rest of the contributions made taken from public funds.

Ecosystem 

The idea behind the investments is to transform Campus Groningen, which consists of the Zernike campus, the Healthy Ageing Campus, as well as the current knowledge institutes and on-campus corporations, into an even larger ‘ecosystem’, expanding the five pillars the Groningen region is working with. Initiatives that want to make use of the fund have to conform to any of the following themes: agri-food, energy, healthy, chemistry, or digital economy.

A total of 365 million euros has been invested in the Campus Groningen over the past few years. Since its inception six years ago, the Groningen campus has become not just the fastest growing, but also the second largest knowledge campus in the Netherlands. Only the Eindhoven campus has it beat. 

Relationship

Campus Groningen is also hoping to facilitate and improve the relationship between the UG and the Hanze University of Applied Sciences and the business community. In addition to ‘marketing knowledge’ and ‘transforming knowledge into product innovation’, the investment will also create job opportunities in the region. 

The campus currently provides jobs to approximately 22,000 people across more than two hundred companies and institutes. Over the next five years, the investments will add at least another 750 jobs.

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