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Capacity Building for Capacity Building for the Financial the Financial Sustainability of ACP Sustainability of ACP Higher Education Higher Education Institutions Institutions EDULINK FUNDED PROJECT EDULINK FUNDED PROJECT

Capacity Building for the Financial Sustainability of ACP Higher Education Institutions EDULINK FUNDED PROJECT

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Page 1: Capacity Building for the Financial Sustainability of ACP Higher Education Institutions EDULINK FUNDED PROJECT

Capacity Building for the Capacity Building for the Financial Sustainability of Financial Sustainability of

ACP Higher Education ACP Higher Education InstitutionsInstitutions

EDULINK FUNDED PROJECTEDULINK FUNDED PROJECT

Page 2: Capacity Building for the Financial Sustainability of ACP Higher Education Institutions EDULINK FUNDED PROJECT

INTRODUCTIONINTRODUCTION

The project entails strengthening the The project entails strengthening the capacity of the member universities capacity of the member universities in the area of financial sustainability in the area of financial sustainability through the design and through the design and implementation of a professional implementation of a professional development programme on development programme on resource mobilisation and will involve resource mobilisation and will involve all campuses of the UWI.all campuses of the UWI.

Page 3: Capacity Building for the Financial Sustainability of ACP Higher Education Institutions EDULINK FUNDED PROJECT

PARTNERS with UWIPARTNERS with UWI

The University of Technology, JamaicaThe University of Technology, Jamaica The University of MauritiusThe University of Mauritius The University of SurinameThe University of Suriname The University of GuyanaThe University of Guyana The University of BelizeThe University of Belize The University of the South PacificThe University of the South Pacific The University of WarwickThe University of Warwick

Page 4: Capacity Building for the Financial Sustainability of ACP Higher Education Institutions EDULINK FUNDED PROJECT

OBJECTIVES of EDULINKOBJECTIVES of EDULINK

To enable ACP states through their To enable ACP states through their universities to achieve sustainable universities to achieve sustainable development objectives including the development objectives including the Millennium Development Goals Millennium Development Goals (MDGs)(MDGs)

To be internationally competitive by To be internationally competitive by creating a highly skilled workforce creating a highly skilled workforce and a strong research capacityand a strong research capacity

Page 5: Capacity Building for the Financial Sustainability of ACP Higher Education Institutions EDULINK FUNDED PROJECT

THE UWI’s OBJECTIVETHE UWI’s OBJECTIVE

Fulfill its mandate through the Fulfill its mandate through the enhancement of: enhancement of:

visibilityvisibility revenue generationrevenue generation strengthening of regional and strengthening of regional and

international collaborationinternational collaboration

Page 6: Capacity Building for the Financial Sustainability of ACP Higher Education Institutions EDULINK FUNDED PROJECT

SIGNIFICANCESIGNIFICANCE

Help in creating a shift from Help in creating a shift from traditional sources of fundingtraditional sources of funding

Enabling revenue generationEnabling revenue generation

The deeper involvement of staff, The deeper involvement of staff, through through training, training, to secure funding to secure funding more effectively more effectively

Page 7: Capacity Building for the Financial Sustainability of ACP Higher Education Institutions EDULINK FUNDED PROJECT

Target GroupsTarget Groups

Academic and senior administrative Academic and senior administrative staff at the UWI and its partner staff at the UWI and its partner universitiesuniversities

Page 8: Capacity Building for the Financial Sustainability of ACP Higher Education Institutions EDULINK FUNDED PROJECT

MAIN ACTIVITIESMAIN ACTIVITIES

Formulation of a Professional Development Formulation of a Professional Development Programme in Resource MobilizationProgramme in Resource Mobilization

Establishment of a Virtual OfficeEstablishment of a Virtual Office Official project launch - Official project launch - May 22, 2009May 22, 2009 First face-to-face meeting of all member HEIs at First face-to-face meeting of all member HEIs at

the UWI, St. Augustine– the UWI, St. Augustine– June 29-July 3, 2009June 29-July 3, 2009 Face-to-face Training of 14 Trainers at the UWI, Face-to-face Training of 14 Trainers at the UWI,

St. Augustine – 2 weeks durationSt. Augustine – 2 weeks duration Training of 70 academic and administrative staff Training of 70 academic and administrative staff

of member HEIsof member HEIs 7 proposals directed for donor support7 proposals directed for donor support Publications on the project experiencePublications on the project experience

Page 9: Capacity Building for the Financial Sustainability of ACP Higher Education Institutions EDULINK FUNDED PROJECT

OUTPUTSOUTPUTS

Academic and administrative staff of all Academic and administrative staff of all partner universities trained in revenue partner universities trained in revenue generation techniques in the following generation techniques in the following areas: areas: philanthropy, grantsmanship, philanthropy, grantsmanship, commercialization of research and commercialization of research and business developmentbusiness development

Trainers in all participating universitiesTrainers in all participating universities Refined training contentRefined training content Proposals for funding generated by each Proposals for funding generated by each

partner institutionpartner institution

Page 10: Capacity Building for the Financial Sustainability of ACP Higher Education Institutions EDULINK FUNDED PROJECT

BENEFITS OF PROJECTBENEFITS OF PROJECT

Build capacity of academic and administrative Build capacity of academic and administrative staff in Departments and Faculties to undertake staff in Departments and Faculties to undertake revenue generation successfullyrevenue generation successfully

Training of graduate studentsTraining of graduate students Attracts additional resources to member partner Attracts additional resources to member partner

universitiesuniversities Facilitates capacity building in: Facilitates capacity building in:

- Research administration- Research administration - Use of technology- Use of technology - Managing intellectual property- Managing intellectual property

Page 11: Capacity Building for the Financial Sustainability of ACP Higher Education Institutions EDULINK FUNDED PROJECT

CONCLUSIONCONCLUSION

The Business Development Office The Business Development Office and the Office of the PVC for and the Office of the PVC for Research will provide guidance and Research will provide guidance and expertise and will manage the expertise and will manage the implementation of this project.implementation of this project.