Business MK April 2022

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Business MK April 2022

Incorporating Business2Business

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In print and online, Business MK is published in Milton Keynes and North Bucks for the area’s business community www.businessmk.co.uk

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Report focuses on tech future for Milton Keynes. P5

FE AT UR E

$200m investment round backs expansion plan. P7

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‘Public support has validated our values’. P10

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Manufacturing: New opportunities for robotics: P14

The latest news from business in Bedfordshire. P17-20

n More than 600 businesspeople were at Stadium MK to celebrate the best in Milton Keynes business at the MK Business Achievement Awards ceremony. The night belonged to Shalom Lloyd, named Entrepreneur of the Year while businesses she founded collected two awards including the overall Business of the Year. Report and pictures from the night: Pages 8-9.

MK:U vision will become a reality, say delivery partners

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lans for the new MK:U university in Milton Keynes will press on despite its failure to secure government funding. Cranfield University, Milton Keynes Council and its wholly owned subsidiary Milton Keynes Development Partnership are set to explore alternative delivery approaches for the MK:U project over the coming months. The council opted at its full meeting last month to extend the terms of its existing agreement with Cranfield University. “The local, regional and national need for MK:U has not gone away,”

said MK:U’s chief executive Professor Lynette Ryals. “Although we were unsuccessful in securing government funding in the Autumn Budget for a large new building project that would have accelerated our growth, MK:U is very much still happening.” Degree apprentices have begun studying with MK:U, with the first cohort starting in October last year. Students are taking courses in chartered manager, digital and technology solutions and data science, including courses exclusively for apprentices from Santander and BAE Systems.

MK:U is based at Bouverie House in Central Milton Keynes and has opened an Innovation Hub to support local businesses. The hub houses some of the latest technologies including virtual reality, robotics and 3D printing facilities and has been set up to help businesses develop their products and accelerate their growth. Professor Ryals said: “We have a lot of local support from businesses and our partners. Already, we are seeing students reaping the benefits of our industry-focused courses, developing digital and technological skills that industry so desperately needs.”

Milton Keynes Council’s deputy leader Cllr Robin Bradburn said: “MK:U will be a world-class university that equips students with the skills and knowledge needed for future jobs. The benefits extend well beyond Milton Keynes and the university will help us compete on the international stage. “Good progress has been made so far with degree apprenticeships already under way. We remain absolutely committed to delivering the full project with a state-of-the-art campus and will continue working hard with partners to make our vision for MK:U a reality.”

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