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Constructor University
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== Financing == The financing of Constructor University has been the subject of controversy, especially in Bremen. For a long time, the university generated income from various sources such as tuition fees, donations, third-party funding and grants from the Jacobs Foundation. Funding from the state of Bremen, amounting to three million euros annually, expired in 2017. In June 2018, the Jacobs Foundation decided to support the private university with a maximum of another 100 million Swiss francs until 2027. Also in June 2018, the city of Bremen decided that it would take over a loan from the university's founding phase. In the summer of 2020, the Jacobs Foundation announced its withdrawal from funding. The foundation's majority shares were transferred to the Verein zur Förderung der wissenschaftlichen Forschung in Bremen e.V. In September 2021, the Bremen Senate approved the sale of Bremen's shares to the [[Schaffhausen Institute of Technology]] (SIT).<ref>{{cite web|title=Acquisition Of Majority Stake In Jacobs University By SIT Completed|url=https://sit.org/news/acquisition-of-majority-stake-in-jacobs-university-by-sit-completed_|access-date=2 September 2022|website=sit.org|language=en}}</ref> The new majority owner plans to invest 50 million euros in Jacobs University, half of which by the end of 2024. In November 2022 SIT changed its name to Constructor Group.<ref>{{cite news |date=30 November 2022|title=Das Schaffhausen Institute of Technology (SIT), das 2019 von Dr. Serg Bell gegründet wurde, ändert seinen Markennamen und wird zur Constructor Group |url=https://www.saarbruecker-zeitung.de/pr/presseportal/das-schaffhausen-institute-of-technology-sit-das-2019-von-dr-serg-bell-gegruendet-wurde-aendert-seinen-markennamen-und-wird-zur-constructor-group_aid-80773459|access-date=5 September 2023|newspaper=Saarbrücker Zeitung|language=de}}</ref>
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