The University of Lincoln has secured £150,000 which will help students, staff and local businesses.
The university has signed an agreement with Santander Universities Division, which will provide £150,000 of funding over the next three years.
Three key themes will be supported: scholarships, entrepreneurship, and travel grants to develop research and collaboration with global partners. It will also help to deliver a new programme of internships.
Since launching in 1996, the scheme has donated more than €1 billion to universities across more than 20 countries.
During the past three years, mobility grants from Santander have supported dozens of researchers to travel to locations in which Santander operates.
Medieval historians from Lincoln’s School of History & Heritage were able to travel to Spain to inform new research into the politics of 12th century Europe, while scientists from Lincoln’s School of Life Sciences have conducted field visits and developed new collaborations with colleagues in South America.
Santander student scholarships have supported talented students from four different continents to study at the University of Lincoln in subjects ranging from Business Studies to Forensic Science.
Support for the University’s internship programme has helped to place talented graduates in local SMEs across a range of industries with many going onto be offered permanent positions.
Professor Mary Stuart, Vice Chancellor of the University of Lincoln, said: “We are delighted to extend our strategic partnership as a proud member of Santander Universities Division for a further three years.
“This relationship creates new opportunities to pursue research and collaborate with academic colleagues around the world, funds international student scholarships, and gives students the chance to develop their CVs and gain valuable workplace experience with small and medium-sized businesses.”
Matt Hutnell, Director of Santander Universities UK, said: “The event at University of Lincoln has been an excellent opportunity to showcase how Santander is supporting the university community.
“We are delighted to see that our partnership with the University has helped so many students and researchers since we signed our first agreement in 2013.
“The meeting has also sparked new opportunities of collaboration and all of us at Santander Universities are looking forward to continue strengthening our partnership with the University.”