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Your Area Our Impact Culture and community Your area Students as a part of the Leamington Spa community 2,500 The University Economic impact Registrants for Warwick Warwick Volunteers Our impact Volunteers every year. of Warwick’s Warwick Volunteers is one of the UK’s largest and most popular student impact in the We had an economic impact The University of Warwick’s contribution to Royal Leamington Spa volunteering schemes. It attracts 2500 registrants each year and its mentoring Culture & community scheme alone has been estimated to have a social-economic worth of £1m to the of £520m in 2011/2012 - local community. £27.7m region that’s worth £10m a In 2012-2013 Warwick Volunteers will have run 23 different projects with 11 Total value to the local economy week to the region. schools in Leamington Spa. One of the Leamington schools that Warwick of Warwick Arts Centre. With 270,000 visitors in Volunteers have developed strong relationships with is Sydenham Primary School. Reading volunteers have substantially increased children’s reading levels and also 2011/2012, the value of built their aspirations, confidence and self-esteem by providing them with positive Warwick Arts Centre to the role models. Other activities have taught children baking skills, while volunteers local community has been from the Cricket and Politics student societies shared their skills in after-school sessions. 62% estimated at £27.7m. Economic impact Of visitors to Warwick Arts Centre come from Coventry & Warwickshire. We support Leamington Spa Education & training 15,500 jobs in the West Midlands. Please send my thanks £84m a year to all the wonderful volunteers who have 23,226 Innovation That’s £1.6m a week or £230,136 a day helped us this term. Warwick graduates live We have been very and work in the region. JLR, Tata and the UK spoiled and feel that Government are funding the your reading volunteers Global connections development of the National £64.5m £18.8m £2.3m have really helped our Automotive Innovation Economic benefits from Economic benefit from staff Purchasing goods and services Students volunteering in Leamington schools children’s progress and Campus at Warwick - Warwick student expenditure living in Leamington Spa from 93 Leamington Spa businesses that your club volunteers Warwick is the only European a £100m state-of-the-art (Bake it up, Aliens and University involved in the new The value of the University of Warwick’s economic impact on Leamington Spa new building. The University as a Politics and Cricket) have Centre for Urban Science and cultural centre on expanded the children’s Progress (CUSP) in New York. Find out more Leamington’s doorstep... horizons and given them Connecting our global great opportunities that For more information on reputation to your Economic Education Culture Global Innovation Warwick Arts Centre is the second we would not have been the University of Warwick local area. impact & training & community connections largest arts centre in the UK. 62% able to provide. Thank and the report by independent of visitors come from Coventry and consultants SQW, please visit: Warwickshire. It hosted 494 individual you all very much. www.warwick.ac.uk/yourarea performances, with an annual Carla, Headteacher at Sydenham audience of 270,000 in 2010/11. An University of Warwick Primary School independent study estimated the total Coventry, CV4 8UW value to the local community from the Warwick Arts Centre Tel +44 (0)24 7615 1041 Arts Centre to be £27.7 million. Scan me to find out more Economic impact Focus on Royal Leamington Spa Education & training Supporting a vibrant local economy £84m Providing the highest quality education 23,226 Total economic impact on and skills for Leamington’s workforce Graduates registered as still In 2011/2012... Leamington Spa in 2011/2012. resident in the West Midlands. In 2012/13 the University of Warwick was ranked as the best University in the The total value of the University of Warwick’s economic impact on Leamington Midlands by all four major UK university league tables. It was placed 5th by the Spa was £84m. Guardian, 6th by the Complete University Guide, 10th by the Sunday Times, This economic impact was mostly created by the 4933 University of Warwick and 8th by the Times Good University Guide. students living in Leamington Spa, whose expenditure was worth £64.5m to 1,852 There are currently over 1,900 Warwick graduates living in Leamington Spa, with £1.9m the Leamington economy. This figure is based on methodology developed by jobs supported by University hundreds more living in the region but working in the town. Warwick graduates In 2010/11, the University the Department for Business, Innovation and Skills and is reduced to take into account for 3% of the West Midlands population with NVQ Level 4 qualifications expenditure 2011/2012. Economic impact delivered £1.9m in Continuing account student term-times, living in the family home and circular spending. and above, a significant proportion of the region’s highly skilled labour force. Professional Development to This means the average annual economic impact of each Warwick student to organisations in the region. Leamington’s economy was £13,075. Training the region’s teachers and doctors 514 members of University and Students’ Union staff live in Leamington Spa, The value of each Warwick creating £16.8m of economic benefit. Finally, the University and Students’ Union £64.5m • The University’s Institute of Education’s teacher-training courses admits generated £2.3m of economic impact by purchasing goods and services from 93 Value of student expenditure to student’s expenditure to the around 500 students each year. In 2010/11, 178 were working as teachers Leamington businesses. the local economy. £13,075 Leamington Spa economy. in the West Midlands. 520 This economic impact supported 1852 jobs in Leamington Spa. • Around 520 Warwick Medical School students undertook clinical placements, Warwick Medical School either at local hospitals or GP practices in the West Midlands. students worked in the region’s hospitals and GP’s Innovation Education & training surgeries in 2011/12. Innovation Spin-out companies Projects run by Global connections 17 from the University are 23 Warwick Volunteers in A regional hub for world-leading research 75 located in the region Leamington Spa and innovation The presence of a major inward New jobs created across the employing 99 people. taking place in 11 schools. 83% region in 2012/2013 by the investor like Tata [at the University] In the first quarter of 2012, Leamington Spa set a new record for business 99 11 of international students would WMG SME team. gives a positive signal to other start-ups, with 164 new companies formed – many of these in the ‘Silicon Spa’ recommend other students technology and gaming cluster. Supported by close links to the University’s major firms to consider investing to come to the University of WMG International Institute for Product and Service Innovation, as well as Culture and community Global connections and potentially locating in the Warwick. Coventry University’s Serious Games Institute, Warwick graduates are becoming West Midlands. Leamington’s newest wave of entrepreneurs. 1,900 Warwick has links with over SQW – University of Warwick Regional 200 partners in 40 countries Warwick graduates live in Impact Study, 2013 Leamington Spa. £27.7m 8,350 500 The estimated value of Warwick the number of international As part of the University’s internationally-renowned approach to working with Warwick undergraduates Warwick graduates at the Arts Centre to the local economy. students studying at Warwick. business, WMG has developed a close relationship with Jaguar Land Rover, participated in an international heart of Silicon Spa a major employer in the region with many staff living in Leamington Spa. JLR exchange during 2012/13. has located 180 of its R&D staff on campus as part of a programme which will £2.9m generate £100m of collaborative research over 10 years. JLR and Tata are also In 1999, entrepreneur and Warwick another was that they would be Funding won by WBS in 2012 funding, with the UK government, the development of the National Automotive graduate John Cooke, with his based in Leamington town centre to launch a new Enterprise Innovation Campus at Warwick; a £100m investment in a state-of-the-art new business partner Simon Jones, and today Black Pepper has Research Centre to boost SME building on Warwick’s campus announced at the end of 2012. started their own business: Black offices on Clarendon Street. 72 performance. Warwick is one of the UK’s most culturally diverse universities, with 8,350 The number of countries Pepper Software Limited. The company works with blue international students from 72 different countries on campus in 2011/12. Our Warwick’s international Initially based in a spare bedroom chip businesses in both the UK international students make up 40% of all Warwick Volunteers, and organise students come from. in Lillington, the business has and Europe to deliver leading events like One World Week, which, with over 200 student volunteers, is arguably grown to employ over forty people. edge software solutions; and the world’s largest student-run international event. bringing John’s story full circle, John and Simon made some In addition to economic benefits to Leamington and regional tourism created by Black Pepper are currently conscious decisions about how visiting families and friends, our international students act as ambassadors for working with the University of they wanted to run their business, the region and the town. Over 45,000 international alumni are resident in 193 Warwick to deliver a number of one was to embrace the agile countries and 83% of our international students would recommend the University interesting projects.
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