UG receives $100M charitable education grant

first_imgA Memorandum of Understanding (MoU) was signed on Monday between the University of Guyana (UG) and the Natural Resources Ministry for the disbursement of a 0 million philanthropic education grant for the year 2017-UG Vice Chancellor, Professor Ivelaw Griffith (left) presented with a cheque for $45 million from Natural Resources Minister Raphael Trotman2018.The Faculty of Technology, the Faculty for Earth and Environmental Sciences and the Geology Department of the University of Guyana will see a significant boost following the signing of that MoU.Vice Chancellor of UG, Professor Ivelaw Griffith said the process started several months ago, where the Natural Resources Ministry made a commitment to invest in the university through the Guyana Geology and Mines Commission (GGMC).“One hundred million Guyana dollars was the first tranche of the investment and today represents the delivery of that promise. The Minister (Raphael Trotman) presented a cheque to me for $45 million,” he said.The $45 million will go to faculties and schools other than engineering and the remainder will be used to purchase equipment for the geology laboratories and to assist with curriculum development, training, outreach and field research.“What we did today was to bring closure to that almost one year of negotiations and the Minister was quite laudatory in his intent not only to support what we are doing at the university not only in words but in deeds.”The grant will also provide for the collaboration on placement of students internship attachments with the Commission and sharing of technical publications based on assignments of the programme done by scholars of the Commission.The grant could be renewed annually.last_img