Our economic impact

colchester campus aerial "Universities are key to the UK's future economic growth – in terms of productivity, investment in research and development and developing the people that will make businesses prosper.

"Our total turnover, when combined with indirect economic impact, is worth £464 million per annum to the East of England economy."
University of Essex economic impact report, 2015

The University of Essex was founded as an international university ‘by’, ‘in’ and ‘for’ Essex, with an unequivocal commitment to creating jobs and growth in the region. Our turnover per annum across our three campuses at Colchester, Southend and Loughton is £205 million and we contribute £259 million indirectly to the East of England economy.

Read the report

Key statistics

Colchester Campus

  • Contributes £404 million in turnover and indirect economic impact to the East of England economy.
  • Provides 1,870 jobs.
  • Indirectly supports a further 2,693 jobs in the region.
  • Colchester Campus students contribute £45 million directly to the regional economy.

Southend Campus

  • Contributes £46 million in turnover and indirect economic impact to the East of England economy.
  • Provides 104 jobs.
  • Indirectly supports a further 150 jobs in the region.
  • Southend Campus students contribute £5 million directly to the regional economy.

Our vision and masterplan

We are committed to increasing our economic impact and the Knowledge Gateway, our 43 acre research and business park on our Colchester Campus is a key way in which we are delivering on this commitment.

This is a defining moment for our region and at the University of Essex we are committed to playing our full part in creating jobs, growth and improving productivity.