Sir James Dyson is planning to donate a total of £12 million to the Imperial College London which will be used to open a new engineering school later this year. This school is aimed to help train the next generation of engineers and technology leaders, The Guardian reports.
"We want to create engineers who are bold and commercially astute. They will use their skills, nurtured in the Dyson School, to develop future technology that will catalyse Britain's economic growth." Dyson said.
The curriculum, developed by Dyson engineers, will also include a compulsory industry placement and module on entrepreneurship, Wired reports. The first stages of the school will cap out at a total of 40 students, which is expected to grow to around 90 by October 2017 when the school shifts to a new building in South Kensington.
This influx of students to the Malmesbury area should provide a boost in support to local services and suppliers, and those who study at the school also may be offered a position in Dyson's research, design and development team to help build the company for the future.
"We want to create engineers who are bold and commercially astute. They will use their skills, nurtured in the Dyson School, to develop future technology that will catalyse Britain's growing economy." He said.
Professor Alice Gast, president of Imperial College London, expressed her gratitude for the donation and how it would provide a great opportunity for students interested in engineering:
"Design combines the best of technical expertise with creativity and the Dyson School of Design Engineering is uniquely placed to bring these together in its student experience and research. Imperial and Dyson passionately share a vision for educating engineers to elicit innovative thinking and problem solving. The James Dyson Foundation's generous donation, along with Dyson's industrial expertise, gives us the opportunity to create a world-leading school for a new kind of engineer to design the future."
A similar school development initiative was attempted back in 2008 by Sir James but due to planning and funding difficulties was withdrawn.
This isn't the first time the Dyson Foundation has made a substantial donation in the name of education, with a staggering £50m to engineering and medical research made since its establishment. This total includes £8m for a University of Cambridge technology hub and £5m to the Royal College of Art to build business incubator units for graduates.
The Chancellor of the foundation, George Osborne, also showed his support:
"Backing Britain's world leading science, research and innovation is a key part of our long term economic plan. It is fantastic to hear about the new partnership between the Dyson Foundation and Imperial College to open the new Dyson School of Design Engineering that will play a key role in training the next generation of design engineers." He said.