Strathclyde makes ‘major return’ on Envirocentre investment
The culmination of that success is the sale of the University of Strathclyde’s shareholding back to EnviroCentre with a major return on the University’s original investment.
EnviroCentre (www.envirocentre.co.uk) is an environmental consultancy led by Professor George Fleming, with offices in Glasgow, Belfast and Stonehaven that has created employment for circa 50 staff and has built a multi million pound turnover.
EnviroCentre resulted from the successful research that originally created top soil for the Glasgow Garden Festival, now with clients including government, local authorities, the major ports and harbours in Scotland, landfill operators, house builders, wind farm, hydro power and golf course developers.
In partnership with the University, EnviroCentre has continued to attract significant research funding, helping to bridge the University’s academic base to industry through effective knowledge exchange.
Professor Jim McDonald, Principal of the University, said “As a leading, technological University, Strathclyde is committed to pioneering research that has an impact on society and the wider economy. This is another good example of ‘useful learning’ and we look forward to watching Envirocentre going from strength to strength.”
Posted on Tuesday, 21 June 2011 under Company News University news