Combined Universities Cornwall: Economic benefits

View mindmap
  • CUC CORNWALL: ECONOMIC BENEFITS
    • university attracts visitors of prospective students, families and researchers
    • use of services all year round rather than just in tourist season
    • students create a healthy rental market
    • combats the 'brain drain'
      • greater no. of residents at a working age
      • greater no. of people working and paying taxes
      • greater no. of people using services
      • greater no. of properties rented all year round rather than just in tourist season
    • CUC scheme helps graduates secure jobs in the 'knowledge economy'
    • CUC ran a very successful graduate placement scheme called Unlocking Cornish potential which has placed over 1300 graduated with small and medium sized businesses in Cornwall since 2004
    • students create a 'night life' by visiting restaurants, bars and clubs
    • According to an independent study by CUC, the partnership project will create more than 4000 jobs by the year 2025 
    • CUC help graduates set up their own businesses
      • this serves as local investment creating new jobs for already present residents
    • 4 out of 5 students on Plymouth University’s accredited course at Truro College and Cornwall and Pen with College are local people and some subjects attract people from much farther afield 

Comments

katherine.b

Report

CASE STUDY: CUC (Combined Universities Cornwall)

Section 5.14 Rural regeneration - the players pg. 240

  • example of rebranding of a declining rural location
  • mindmap outlines economic advantages benefits 
  • note that there may be some social and environmental benefits as well as social, economic and environmental disadvantages when using this case study to answer essay style questions

Similar Geography resources:

See all Geography resources »See all Rural and urban challenges and regeneration resources »