Media releases

  • Provincial investment helps Brock emerge from pandemic as strong community partner

    MEDIA RELEASE: 19 March 2021 – R0036

    The Government of Ontario is investing $7.9 million in Brock University, helping the University emerge from the global pandemic and continue its role as an important catalyst for economic recovery and growth, and community development for Niagara and the province.

    “Thanks to this support from the Government of Ontario, Brock University is in a strong position to continue to deliver a world-class education, conduct groundbreaking research and fulfil our efforts in supporting Niagara’s economic recovery and vitality,” said Brock President Gervan Fearon. “This funding helps ensure the University is in a sustainable position to advance our academic mission and support job creation across the region. Our students, faculty and staff are very appreciative of this ongoing partnership with the province.”

    At Brock, the $7.9-million investment will significantly assist the University to enhance and expand its academic offerings and meeting the needs of students in support of the Niagara community, research and business sector competitiveness. It will allow Brock to advance its academic and research plans, including continuing to progress in the development of services and programs to serve our students that may have otherwise been delayed or even altered by the financial impact caused by COVID-19.

    The funding is part of a more than $100-million investment announced by the provincial government Friday, March 19 that will help post-secondary education institutions most financially impacted by the COVID-19 pandemic.

    It’s estimated the financial impact of COVID-19 on the college and university sector has been significant for 2020-21. Minister of Colleges and Universities Ross Romano said the government investment will help ensure students continue to get the skills and education they need for the current and future job market.

    “Our post-secondary institutions are critical to the prosperity of our province and local communities and will contribute significantly to our economic recovery,” Romano said. “Post-secondary institutions are a key source of job creation, skills training, research and innovation. That’s why our government has established the emergency fund to help address the financial impacts of COVID-19 and ensure they have the tools, technologies and resources they need to support students throughout their studies.”

    “Brock University is a significant contributor to the economic, social and cultural life of Niagara and Ontario,” said Brock Board of Trustees Chair Gary Comerford. “We are thankful for the Government of Ontario’s strategic investment in our teaching, learning and research.   It further demonstrates the important role Brock plays across the Niagara region and the opportunities forged by the entire University in partnership with the local community.”

    Sam Oosterhoff, MPP for Niagara West, called the investment “welcome news for our local institutions of learning.”

    “It will help ensure Brock University and Niagara College are able to continue the work of preparing young people for the fulfilling careers and jobs of today and tomorrow,” he said.

    Brock continues to be optimistic that the public health situation will allow for the resumption of on-campus classes and activities this fall. Brock has also been identified as a mass immunization site for St. Catharines and Thorold by Niagara Region Public Health.

    “Our students, faculty and staff have overcome significant challenges this past year,” said Brock Provost and Vice-President, Academic Lynn Wells. “Today’s investment from the Government of Ontario helps Brock University strongly transition into the next phase, when we are excited to welcome back students to our campus in September.”

    Fearon agreed, saying he commends the outstanding effort made by Brock faculty and staff, as well as student leaders over the past year to ensure academic continuance for students while prioritizing their health and safety.

    “This has been an incredibly challenging time for all, and I want to personally thank our students, faculty and staff for their resilience and innovative approach. Brock is an amazing university, which has been demonstrated through this period,” Fearon said. “I want to thank the Government of Ontario and Minister Romano for their efforts in supporting the work being done at Brock to build a prosperous future for our students and the communities across the Niagara region.”

    To read more about Brock’s COVID-19 response and how the University community pivoted over the past year, see the one-year anniversary series posted in The Brock News here.

    For more information or for assistance arranging interviews:

    * Dan Dakin, Manager Communications and Media Relations, Brock University [email protected] or 905-347-1970

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    Categories: Media releases

  • Goodman School of Business earns prestigious designation for contribution to economy

    MEDIA RELEASE: 18 March 2021 – R0035

    Brock University’s Goodman School of Business has received the Business School Impact System (BSIS) label in recognition of the significant contribution the School makes both locally and globally.

    The BSIS external review quantifies the extent and nature of a business school’s impact on its environment. What it found was Goodman’s contribution to the Niagara economy adds up.

    The School’s activities contribute to an economic impact totalling $380 million annually through direct, indirect and induced contributions.

    Goodman is just the third North American business school to receive this label.

    “We were confident our school was providing value to the community, yet we were short on compelling qualitative and quantitative metrics to offer a comprehensive assessment of the impact our presence was making,” Goodman Dean Andrew Gaudes said.

    The BSIS process is well established in French higher education and is now offered through a joint venture between the French National Foundation for Management Education and the European Foundation for Management Development.

    As part of the process, Goodman submitted a pre-visit report and hosted the BSIS review team, including BSIS Director Michel Kalika, virtually for three days in December.

    “Based on our experience of more than 50 schools across 17 countries that have received the BSIS label, I can say that I was very impressed by the relationship between the Goodman School of Business and the Niagara region,” Kalika said. “We have discovered that the business school is strongly embedded in its ecosystem. The relationships with the private sector, public actors and other educational institutions are highly intensive and fruitful.”

    Other highlights of the report include:

    • Goodman’s $49-million direct economic impact, $59-million indirect impact and $271-million induced impact annually on the Niagara economy.
    • The School’s 950 co-op students contribute $11.7 million annually which is the equivalent of 275 full-time equivalent positions.
    • Experiential class projects where students work as consultants contribute $29.6 million in value to non-profit and business partners which is the equivalent of 665 full-time equivalent positions.
    • Goodman faculty members contribute more than 8,500 service hours to the community each year through pro-bono consulting and service on boards or committees.
    • Diversity of the student population is a clear strength of the School. In 2020, Goodman was ranked No. 1 in Canada for student and faculty diversity in QS Global Ranking.

    For Brock President Gervan Fearon, the results illustrate the importance of partnerships between universities and the communities around them.

    “Importantly, the report highlights that the impact of the Goodman School of Business goes far beyond its direct economic contribution to Niagara,” said Fearon. “Brock University is committed to enhancing the life and vitality of our local region and fostering a culture of diversity and the BSIS report highlights how Goodman is exemplifying both of these core University objectives. Brock’s Goodman School of Business will certainly serve as an important part of the future economic strengthen of the Niagara region.”

    As part of the assessment, Goodman has committed to creating a formal three-year development plan that will act on recommendations from the report.

    “The report identifies areas for us to apply our resources to further enhance our local and global impact,” Gaudes said. “Following through on the recommendations is an important part of attaining the BSIS label and we are excited to move forward on implementing them.”

    The summary report of the BSIS findings is available here.

    For more information or for assistance arranging interviews:

    * Dan Dakin, Manager Communications and Media Relations, Brock University [email protected] or 905-347-1970 

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    Categories: Media releases