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Capacity Building for the Financial Sustainability of ACP Higher Education Institutions. EDULINK FUNDED PROJECT. INTRODUCTION.
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Capacity Building for the Financial Sustainability of ACP Higher Education Institutions EDULINK FUNDED PROJECT
INTRODUCTION • The project entails strengthening the capacity of the member universities in the area of financial sustainability through the design and implementation of a professional development programme on resource mobilisation and will involve all campuses of the UWI.
PARTNERS with UWI • The University of Technology, Jamaica • The University of Mauritius • The University of Suriname • The University of Guyana • The University of Belize • The University of the South Pacific • The University of Warwick
OBJECTIVES of EDULINK • To enable ACP states through their universities to achieve sustainable development objectives including the Millennium Development Goals (MDGs) • To be internationally competitive by creating a highly skilled workforce and a strong research capacity
THE UWI’s OBJECTIVE Fulfill its mandate through the enhancement of: • visibility • revenue generation • strengthening of regional and international collaboration
SIGNIFICANCE • Help in creating a shift from traditional sources of funding • Enabling revenue generation • The deeper involvement of staff, through training, to secure funding more effectively
Target Groups • Academic and senior administrative staff at the UWI and its partner universities
MAIN ACTIVITIES • Formulation of a Professional Development Programme in Resource Mobilization • Establishment of a Virtual Office • Official project launch - May 22, 2009 • First face-to-face meeting of all member HEIs at the UWI, St. Augustine– June 29-July 3, 2009 • Face-to-face Training of 14 Trainers at the UWI, St. Augustine – 2 weeks duration • Training of 70 academic and administrative staff of member HEIs • 7 proposals directed for donor support • Publications on the project experience
OUTPUTS • Academic and administrative staff of all partner universities trained in revenue generation techniques in the following areas: philanthropy, grantsmanship, commercialization of research and business development • Trainers in all participating universities • Refined training content • Proposals for funding generated by each partner institution
BENEFITS OF PROJECT • Build capacity of academic and administrative staff in Departments and Faculties to undertake revenue generation successfully • Training of graduate students • Attracts additional resources to member partner universities • Facilitates capacity building in: - Research administration - Use of technology - Managing intellectual property
CONCLUSION • The Business Development Office and the Office of the PVC for Research will provide guidance and expertise and will manage the implementation of this project.