Determined that young people should have every chance to succeed in life, in 1999 Michael Ashcroft gave £5 million towards the building of the new Ashcroft International Business School at Anglia Ruskin University in the United Kingdom. Officially opened by the Earl of Wessex in 2003, it is now one of the largest business schools in the UK, with more than 3,000 students and 80 full-time staff. Michael Ashcroft also created a $1.5 million scholarship programme for up to nine students a year from Belize to study for a three-year business degree at the school. Lord Ashcroft is the Chancellor of Anglia Ruskin University.

Belize Scholarship Programme Press Release January 2008