Central Milton Keynes will get its own full-time university campus if local MPs Ben Everitt and Iain Stewart are successful in pushing the Government to approve the project.
The proposed MK:U would transform higher education with a focus on digital, innovation and smart technology which Milton Keynes has become renowned for.
MK already has the world-leading Open University which offers flexible, part-time, distanced learning and the new MK:U would bring even more exciting opportunities for the city.
Ben Everitt, the MP for Milton Keynes North, has thrown his support behind the project and has been lobbying both the Universities Minister and Treasury for the go-ahead and funding.
He commented: “MK can be our Silicon Valley – we are at the heart of digital innovation and a university that can deliver that belongs in our town.
“The team running the MK:U project have been doing a fantastic job getting this proposal ready and it’s got my full support.”
Iain Stewart, the MP for Milton Keynes South, added: "I have been a champion of this project from the outset. MK has already won its bid to host the Institute of Technology at Bletchley Park. MK:U, with its focus on STEM subjects and partnership with local businesses like Santander, would further cement our place as a regional powerhouse."