The Centre for Innovation and Growth is a research hub which will house data handling facilities and lab space where the University and industry partners can jointly develop solutions and identify new technologies.
The early phases of this project will support research arising from the long-standing relationship between the University and the consumer goods giant Procter and Gamble (P&G). The company is growing its UK academic programme around Durham and a few other select UK universities.
Work currently being undertaken between P&G and the University, such as developing products to wash clothes at lower temperatures, will be applicable to many other industries worldwide.
The investment will support the creation of 28 jobs within the University in the short term, with further job opportunities by the time it is complete.
Dr Tim Hammond, Director of Durham Business and Innovation Services at the University (pictured left with Paul Woolston, Chair of the LEP, Prof Chris Higgins, Vice-Chancellor and Warden at Durham University, Paul Varley of the North East LEP Investment) said:“The centre will foster an environment of strong innovation and growth which builds on Durham’s multi-disciplinarity, its ability to build teams that deliver business partners’ needs, and its proven track-record of innovation.”