Warwick University is bidding to become the first UK university to set up a campus in the United States.
It has entered a global competition to open a science campus in New York - competing against leading universities from the US, Europe and Asia.
New York's mayor, Michael Bloomberg, said that creating the science campus would be a "game-changer" for the city's economy.
New York wants a research base to strengthen its technology industries.
Warwick is up against 17 other bids to open a science and engineering research campus - which would help New York compete with US research powerhouses in California and Boston.
Online industries
In the wake of the financial crisis, there were concerns in New York that the city's economy was over-reliant on banking and finance and the science campus is intended to help diversify into hi-tech digital industries.
It has entered a global competition to open a science campus in New York - competing against leading universities from the US, Europe and Asia.
New York's mayor, Michael Bloomberg, said that creating the science campus would be a "game-changer" for the city's economy.
New York wants a research base to strengthen its technology industries.
Warwick is up against 17 other bids to open a science and engineering research campus - which would help New York compete with US research powerhouses in California and Boston.
Online industries
In the wake of the financial crisis, there were concerns in New York that the city's economy was over-reliant on banking and finance and the science campus is intended to help diversify into hi-tech digital industries.
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