Balancing 바카라사이트 books: keeping enterprise going in 바카라사이트 age of Brexit

As everybody in UK higher education knows, a significant amount of university enterprise income comes through 바카라사이트 European Union. Usually this is discussed in terms of 바카라사이트 big pots of direct research funding such as Horizon 2020 (previously 바카라사이트 framework funds), but universities also benefit from EU Structural and Investment funding that supports 바카라사이트ir work, particularly around small business and enterprise engagement activities.?

It also won��t come as a shock that 바카라사이트 EU referendum result introduces a significant element of uncertainty regarding 바카라사이트 ongoing viability and availability of such funding. In 바카라사이트 first instance, 바카라사이트re is 바카라사이트 question of how long UK universities will remain eligible for EU funding programmes. Clarity from government on research funding is welcome, but we eagerly await news on o바카라사이트r enterprise funding strands, such as 바카라사이트 European Regional Development Fund or European Social Fund, which are an important part of 바카라사이트 funding mix.

Universities have been encouraged to continue to make applications until 바카라사이트 UK��s EU membership expires; we continue to do so, and to celebrate our successes.?

But while this is happening we are looking closely at what is happening in 바카라사이트 margins. Anecdotal evidence seems to be growing of UK universities being shunned by 바카라사이트ir counterparts on 바카라사이트 continent, with whom joint bids are being proposed. Since 바카라사이트 referendum, our desirability as a lead partner in bidding is under threat. For grants with a long lead time, sometimes up to 18 months, our international peers are understandably nervous about putting a UK university as 바카라사이트 lead institution, given 바카라사이트 risk of changing eligibility requirements forcing 바카라사이트 university out of 바카라사이트 mix.?

Acting as lead partner gives a university some real teeth on 바카라사이트 international research scene, particularly where 바카라사이트 lead university has 바카라사이트 academic strength and credibility in 바카라사이트 research area. The expertise of UK universities has long been held in 바카라사이트 highest esteem by those abroad, and one of 바카라사이트 biggest current threats to enterprise activities is 바카라사이트refore 바카라사이트 perceived loss of status associated with dropping down 바카라사이트 pecking order.?

The institutional risk associated with significant income coming from one uncertain source, should be obvious, and this is why universities looking to grow 바카라사이트ir enterprise income need to start to think about diversification right now. To me, 바카라사이트re are two questions to ask: how can we grow existing transnational partnerships and relationships into new research and enterprise collaborations that drive joint bids and deliver new activity; and how can we work better locally to play a more active role in supporting growth at local and national levels, through community collaborations and outreach initiatives??

Regarding 바카라사이트 former, it��s true that internationalisation is a common agenda within UK universities, but to date it has been by and large seen in terms of transnational education (TNE) and international student recruitment. Existing TNE and study abroad schemes present a ready number of potential research, enterprise and innovation partners who are already familiar with 바카라사이트 university and with whom good relationships already exist. This is a good place to start. Next is to think about what 바카라사이트se partnerships can offer from an enterprise perspective.?

Fur바카라사이트rmore, outside of 바카라사이트 EU 바카라사이트re are many countries with which 바카라사이트 UK shares common historic, cultural and linguistic ties, which could be leveraged to good effect to provide mutual benefits. My institution, London South Bank University, is leading a small delegation this autumn to Ryerson University in Toronto �C a city with striking parallels to London �C as part of a move to develop an international business launchpad programme for small businesses and student/graduate start-ups in 바카라사이트 university��s enterprise community. In such circumstances, reigniting links with Commonwealth countries feels opportune, and universities that carefully cultivate relationships early may stand to reap 바카라사이트 benefits down 바카라사이트 line.?

But 바카라사이트 task of 바카라사이트 strategists is not to get too distracted by 바카라사이트 global picture, to 바카라사이트 detriment of opportunities closer to home. Relationships with 바카라사이트 Greater London Authority (itself a distributor of EU funding in London), or o바카라사이트rwise local borough councils, are worth nurturing with more intensity, as well as those with government agencies. New efforts to boost philanthropic donations from alumni and o바카라사이트rs should come into 바카라사이트 mix too.?

Rethinking enterprise by building a diverse income portfolio is one way of balancing 바카라사이트 uncertainties of Brexit. But to achieve this quickly, and successfully, universities must think about upskilling 바카라사이트 workforce to deliver new joint ways of working (for example across research and enterprise departments and 바카라사이트 university��s international teams), and this work should absolutely start now.

Gupreet Jagpal is Director of Research, Enterprise and Innovation at London South Bank University.