Ross Renton, the principal of ARU Peterborough, talks about the purpose of the university's new 'Living Lab'.
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00:00 Yes, so the phase three of the University which incorporates the Living Lab really does represent what we're about, ambition and
00:07 potential and in the Living Lab itself it will bring together our community, our expert lecturers and researchers with industry.
00:16 The ability to create knowledge, get people excited and engaged with science and technology.
00:22 We have a full program of activity bringing people onto this campus. For me,
00:27 profitability in this University is really key where everyone benefits from a University,
00:32 but everyone benefits from the developments in technology.
00:35 So having this Living Lab here in the centre, in the heart of this city will really bring that potential to life.
00:41 Well, this represents a huge vote of confidence in Peterborough, our city. I see the majority of the people who come to this
00:49 University are from PE postcodes. That shows it's got a local contingent.
00:54 This is really giving local people that kickstart in life to go on and get high skilled, high wage jobs.
01:00 So it's a real vote of confidence, not only in Peterborough, but in our young people as well.
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