Santander is backing MK:U, the UK’s first university focused on digital skills, providing £30 million of funding to help establish the university and further strengthen Milton Keynes’ position as Europe’s leading Smart City.
MK:U is being developed by Cranfield University, which is based just outside Britain’s most successful new town.
The funding is a major boost for plans to set up a new university in the largest English city or town to currently lack one, despite sitting at the heart of the hi-tech arc joining Oxford and Cambridge.
Professor Sir Peter Gregson, chief executive and vice-chancellor of Cranfield University said: “This is brilliant news. Santander’s support is a major sign of confidence in MK:U by a huge international and local employer. It shows that world-class businesses like Santander are crying out for career-ready, highly-skilled graduates for the digital age- providing jobs and growth in the next century.”