London South Bank University (LSBU) is a public university in Elephant and Castle, London. It is based in the London Borough of Southwark, near the South Bank of the River Thames, from which it takes its name. Founded in 1892 as the Borough Polytechnic Institute, it achieved university status in 1992 under the Further and Higher Education Act 1992. In September 2003, the university underwent its most recent name change to become London South Bank University (LSBU) and has since opened several new centres including the School of Health and Social Care, the Centre for Efficient and Renewable Energy in Buildings (CEREB), a new Student Centre, an Enterprise Centre, and a new media centre Elephant Studios. The university has students and 1,700 staff. In November 2016, the university was named the Entrepreneurial University of the Year at the Times Higher Education Awards. In the inaugural 2017 Teaching Excellence Framework, London South Bank University was awarded a Silver rating. London South Bank University was founded in 1892 as the Borough Polytechnic Institute. It has since undergone several name changes, becoming the Polytechnic of the South Bank in 1970, South Bank Polytechnic in 1987, South Bank University in 1992 and London South Bank University in 2003. The university has also merged with a number of other educational institutions. In 1888, Edric Bayley, a local solicitor and member of the London School Board, set up the South London Polytechnics Committee whose members included the Lord Mayor of London, Archbishop of Canterbury, Lord Salisbury, Lord Rosebery and Sir Lyon Playfair. The committee was successful in persuading the Charity Commissioners to pledge to match whatever could be raised from the public, up to the sum of £200,000 to establish polytechnics in South London. A public meeting at Mansion House kick-started the public appeal and by 1891 enough money had been raised to establish polytechnics at Battersea and at Borough Road, Southwark, now LSBU.