Campus Events | 137
(Standing, from left) Deputy Principal of The UWI, Cave Hill Campus, Professor Winston Moore and CEO of CIBC FirstCaribbean International Bank, Colette Delaney chat with previous SEED winners, (sitting, from left) Marissa Chandler and Malissa Cornwell The UWI, Cave Hill Campus & CIBC FCIB renew partnership
In that regard, he announced the launch of the Campus’ latest entrepreneurial initiative, the Innovate! Challenge, which is a competition organised by the Office of Business Development that rewards staff for impactful and innova- tive ideas that lead to income generation for their unit or department, as well as the campus. CEO of CIBC FirstCaribbean, Colette Delaney commented that CIBC FirstCaribbean cherishes its longstanding rela- tionship with The UWI, and was pleased to formally extend it for another three years. She added that entrepreneurship and innovation will be the key drivers of the post-COVID economy, and The UWI is headed in the right direction. One of the major beneficiaries of the MOU is the Student Entrepreneurial Empowerment Development (SEED) project, which is designed to encourage and develop self-reliance. To date, BBD 240,000 has been disbursed among 40 start-ups since the inception of the programme.
The UWI Cave Hill Campus has officially extended its part- nership with CIBC FirstCaribbean with the signing of a memorandum of understanding for three years. The agreement was signed for the period 2021/22 to 2023/24, and will cover four areas: support and devel- opment of UWI programmes and students around the region; enhancement of research in Banking and Finance at The UWI; the joint pursuit of mutually beneficial business opportunities, and entrepreneurship and innovation. The Bank has contributed over USD 2 million to The UWI to support various initiatives since the first MOU was signed between the two institutions in 2003. Principal of the Cave Hill Campus, Professor R Clive Landis, lauded the Bank’s support for the University over the past 18 years, and said he is looking forward to the two institu- tions forging even closer ties. He also noted that The UWI will need to innovate and seek new business perspectives if the institution is to survive.
THE UNIVERSITY OF THE WEST INDIES CAVE HILL CAMPUS ANNUAL REPORT TO COUNCIL 2021/2022
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