Monday, March 6th 2017 at 9:55AM GMT
Santander has today announced the details of a new Santander Cycles University Competition.
The scheme provides Santander UK university partners with the chance to collaborate on the creation of their own bespoke cycle hire scheme.
The initiative, which offers two institutions the chance to win the capital funding for a scheme, reflects strong interest from universities that are increasingly seeking new sustainable transport solutions to help them address congestion, reduce emissions and promote well-being.
The competition also helps overcome the financial difficulties that universities face in installing cycle schemes by covering the significant capital costs which traditionally challenge their viability.
A total of 23 universities from across the UK have confirmed their participation in the competition, which offers a new and innovative model for how cycle schemes can be developed and funded.
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