25 Aug 2023
UCC’s new Cork University Business School (CUBS) secures €50 Million Euro investment from European Investment Bank
In a first for an Irish business school, University College Cork have secured a significant €50 Million Euro investment from the European Investment Bank for its new Cork University Business School. The development will provide an economic boost to the Cork economy by bringing over 4,500 students and 225 staff into the city centre every day. It is anticipated that construction of the new building will commence in May 2024.
Located in Cork City centre, planning permission for UCC’s CUBS building, designed by a team led by RKD architects, was granted by Cork City Council in May 2023. UCC sees the new CUBS building as a contribution to a ‘higher education quarter’, which will complement the existing cluster of education buildings in this part of Cork city.
In tandem with developments in the cities Docklands, the exciting €115 Million Euro project is reshaping the fabric of the city centre.
Minister for Finance and Governor of the European Investment Bank, Michael McGrath TD, welcomed the new investment highlighting that
“The EIB’s vote of confidence in UCC and first dedicated support for business school investment in Ireland will benefit Cork and provide the world class skills we need for Ireland’s future business leaders.”
Learn more about studying in Cork here – Study in Ireland | All you need to know about studying in Cork (wearecork.ie)